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TYSONS CORNER, VA, Dec. 1, 2016 ” Iridium Communications (Nasdaq: IRDM) is set to hire the majority of the Boeing (NYSE: BA) team that provides operations and maintenance services for the former’s satellites as part of a relationship restructure between the two companies, ExecutiveBiz reported Wednesday. The firms will also sign...
Global investment firm Carlyle Group plans to sell the remaining 11.3-percent stake it holds in government services contractor Booz Allen Hamilton (NYSE: BAH) six years after the latter’s initial public offering. Booz Allen said Thursday it expects Carlyle’s divestiture of 16.7 million shares for $36.75 each through a seco...
Booz Allen Hamilton (NYSE: BAH) Chief Financial Officer Lloyd Howell characterized to investors Wednesday the firm’s pending $250 million acquisition of digital services contractor Aquilent announced Tuesday as a “tuck-in, capability-based” versus other large scale-focused transactions in the industry over the past y...
Judy Marks, an executive vice president at the Dresser-Rand subsidiary of Siemens,  has been selected to succeed the retiring Eric Spiegel as CEO of the industrial conglomerate’s U.S. subsidiary in a move scheduled to take effect Jan. 1. “Judy has a deep knowledge of Siemens’ entire portfolio that will ...
Robert Day, a retired U.S. Coast Guard rear admiral and former USCG chief information officer, has been appointed by Blackberry (Nasdaq: BBRY) to manage the mobile device maker’s new federal Cybersecurity Operations Center and Federal Risk and Authorization Management Program product initiatives. Day is a federal information te...
India has signed $737 million contract to procure 145 BAE Systems Inc.-developed artillery guns through a foreign military sales transaction with the U.S. government, Defense News reported Wednesday. Vivek Raghuvanshi writes the British defense contractor’s U.S. subsidiary will supply the M777A2 LW155 ultralight howitzers and set up ...
Rainer Blair, a Danaher Corp. (NYSE: DHR) vice president and group executive, will elevate to an executive VP role at the Washington, D.C.-based science and technology company in a transition scheduled to take effect Jan. 1, 2017. Danaher said Thursday Blair will be responsible for the company’s $5 billion life sciences pl...
Serco Group has secured a potential 10-year, $759.3 million contract from England’s Barts Health NHS Trust to carry out facility management services. Serco said Thursday the contract covers cleaning and domestic services; linen and laundry; patient catering; portering; car parking; reception and helpdesk; and other non-clin...
Boeing (NYSE: BA) has received a $558.5 million contract modification to support the U.S. Air Force‘s F-15 radar improvement and modernization programs. The Defense Department said Wednesday work under the modification will run through Jan. 15, 2019 and covers procurement, installation and spares production for 42 combined APG-6...
The U.S. Army has awarded BAE Systems a potential seven-year, $384 million contract to produce a thermal weapon sight technology that will work to help soldiers identify and engage targets in the battlefield. BAE said Wednesday the military branch ordered the company’s Family of Weapon Sights“Crew Served system compris...
