The waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 for the proposed acquisition of health information technology company Cerner (Nasdaq: CERN) by Oracle (NYSE: ORCL) expired Tuesday, Feb. 22. Oracle agreed to acquire Cerner for approximately $28.3 billion through an all-cash tender offer in late December and both parti...
Amentum announced on Thursday that John Heller, a six-time Wash100 Award recipient, has been named the new CEO for the company, effective March 28th. Heller will succeed current CEO John Vollmer, who has served in the role for Amentum since its inception in Jan. 2020. Vollmer will continue as the company’s chairman of the board....
The Cybersecurity and Infrastructure Security Agency’s Boyden Rohner, Stuart Kippelman of Parsons and Matthew Swenson of the Department of Homeland Security all convened on Wednesday to speak on the complex facets of cybersecurity and the implications each has on an organization’s information security capabilities in today’s evolving threat en...
Edmond Hughes Edmond Hughes, vice president of human resources and administration contracts at Huntington Ingalls Industries’ (NYSE: HII) Ingalls Shipbuilding division, has been promoted to serve as the company’s executive vice president and chief human resources officer. He succeeds William Ermatinger, who will retire from HII after a 35-ye...
Jeff Trauberman, vice president of government affairs at VOX Space, was featured in the most recent Executive Spotlight interview with ExecutiveBiz on Thursday. He talked about the recent company growth efforts, the collaboration of its capabilities with international space partners and the advancement of space technology. Trauberman also discussed ...
Intelsat has secured $6.7 billion in new funds and reduced its debt by more than 50 percent after the satellite operator completed its financial restructuring process. The company said Wednesday its new financing sources are secured notes, a term loan and a revolving credit facility. Under a reorganization plan, Intelsat lowered its debt from about...
A General Dynamics (NYSE: GD) subsidiary has secured a $108.2 million contract modification from the U.S. Navy to repair, maintain and modernize the USS Hartford attack submarine. Electric Boat will perform this work in Groton, Connecticut, through June as part of an engineered overhaul effort under the “Smart Start” program, the Department of D...
AE Industrial Partners has agreed to buy a significant stake in Firefly Aerospace from Noosphere Venture Partners for an undisclosed sum to further expand its portfolio of space technology companies. AEI said Thursday Cedar Park, Texas-based Firefly, which develops in-space and launch vehicles for small payloads, closed a round of Series A financing...
Four small businesses have won spots on a five-year, $120 million contract to facilitate training and development services for U.S. Army personnel. Twenty-three bids were submitted to the Army Field Directorate Office at Fort Eustis in Virginia for the firm-fixed-price contract via an online solicitation, the Department of Defense said Thursday. All...
Gunnison Consulting Group has acquired cybersecurity platforms provider Centerpoint for an undisclosed sum to expand information technology service offerings for the federal government. Gunnison CEO Gil Dussek said in a statement released Thursday the transaction adds cybersecurity skills to the company’s portfolio and the combined organizatio...
