Hewlett Packard Enterprise (NYSE: HPE) has agreed to purchase Milpitas, California-based high-performance computing platforms provider Silicon Graphics International (Nasdaq: SGI) for approximately $275 million cash in a push to expand its footprint in the HPC and big data analytics markets. SGI said Thursday the price of the transaction is $7.75 pe...
Paul Litchfield, a director at Mission Ready Services, has been appointed chief operating officer of the Vancouver, British Columbia-based product development and consulting firm. Rod Reum, president and CEO of Mission Ready, said in a statement released Wednesday Litchfield™s leadership and operational experience will help the company manufact...
The State Department has approved NATO’s request to buy precision guided munitions and related support services from the U.S. for use in regional threat deterrence operations under a potential $231 million foreign military sales agreement. Boeing (NYSE: BA) and Raytheon (NYSE: RTN) will be the primary contractors on the deal, the Def...
American Electronic Warfare Associates has won a four-year, $91.3 million contract to provide engineering, management and technical support services to the Naval Air Warfare Center Aircraft Division™s integrated battlespace simulation and test department. The company will perform work in Patuxent River, Maryland, through August 2020 and the U.S...
Leidos (NYSE: LDOS) has been awarded a potential $49.5 million indefinite-delivery/indefinite-quantity contract to supply ship equipment and provide logistics support to the U.S. Navy. The Defense Department said Thursday the company will support the service branch’s ship control, navigation distribution, ship control ...
Raytheon (NYSE: RTN), L-3 Communications (NYSE: LLL) and ViaSat (Nasdaq: VSAT) have won separate contracts to provide protected tactical service field demonstration support services to the U.S. Air Force. The service branch awarded the cost-plus-incentive-fee contracts through a competitive acquisition process with five proposals rece...
Mike DeMaioribus, executive vice president of business operations at Dynetics, plans to retire from the company on Sept. 14 after a 39-year career at the Huntsville, Alabama-based engineering, applied science and information technology contractor. He is responsible for corporate finance, contracts, security, facilities, project s...
Phil O’Reilly, former chief technology officer for Americas and federal sales at Brocade (Nasdaq: BRCD), has been appointed as vice president of federal sales at the San Jose, California-based data center networking technology provider. Brocade said Thursday he will oversee the company’s sales and partner e...
Executive Mosaic’s GovCon Index staged a rally Thursday to barely miss a new record close as Orbital ATK (NYSE: OA) regained some ground from a record plunge in the previous session and Lockheed Martin (NYSE: LMT) rose to a new 52-week high in intraday trade. The Index closed 0.179 points shy of the current record close set...
TYSONS CORNER, VA, Aug. 11, 2016 ” Bob Billeaud, formerly vice president for intelligence solutions at SOS International, has been promoted as senior VP for operations, GovCon Executive reported Wednesday. In his prior role, he oversaw SOSi’s acquisition and integration of Virginia-based intelligence con...
