The required waiting period for Teledyne Technologies’ (NYSE: TDY) proposed acquisition of imaging sensors developer FLIR Systems (NYSE: FLIR) under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 expired on March 1. Teledyne said Tuesday it signed a term loan credit agreement worth $1 billion and moved to amend and restate another credit...
Byron Bright, president for Government Solutions at KBR, was presented his second consecutive Wash100 Award on Wednesday by Jim Garrettson, CEO of Executive Mosaic and founder of the Wash100 Award. Bright received the most respected and coveted award in government contracting (GovCon) for the second consecutive year for his efforts to develop milita...
Intel (Nasdaq: INTC) will collaborate with Microsoft (Nasdaq: MSFT) on a Defense Advanced Research Projects Agency program that seeks to protect the confidentiality of encrypted information during data processing by developing an accelerator for fully homomorphic encryption. Intel said Monday it will build an application-specific integrated circuit ...
Deloitte’s Center for Government Insights has released a report stating that trends such as digitization and adaptive workplaces became prevalent over the past year. The Government Trends 2021 report, published Thursday, found that governments have accelerated the use of cloud, artificial intelligence and digital identity concepts while also ...
The White House is considering forming a task force to address a cyber attack on on-premise Microsoft Exchange Servers launched by a group of threat actors operating from China, CNN reported Sunday. Microsoft (Nasdaq: MSFT) issued security updates after it found that a state-sponsored threat actor from China, called Hafnium, was targeting defense co...
TYSONS CORNER, VA, March 8, 2021 — SAP executives John Wookey and Harish Luthra said the company’s national security services subsidiary plans to bring a suite of procurement and supply chain management software offerings to the government, educational and regulated sectors, ExecutiveBiz reported Tuesday. SAP Ariba platforms are designed to ...
The House Armed Services Committee has established a new bipartisan task force to examine and identify vulnerabilities and threats facing the defense industrial base supply chain. Reps. Adam Smith, D-Wash., chairman of HASC, and Mike Rogers, R-Ala., ranking member of the House committee, initiated the Defense Critical Supply Chain Task Force, which ...
TYSONS CORNER, VA, March 8, 2021 — Lockheed Martin (NYSE: LMT) has extended a partnership with information technology company NEC to continue using the latter’s System Invariant Analysis Technology to identify potential anomalies during spacecraft development and satellite ground support operations, ExecutiveBiz reported Tuesday. Lockheed sa...
Patriot Contract Services has secured a potential $455.16 million contract to help the Military Sealift Command operate and maintain eight Watson-class U.S. Naval Ships used to transport ground vehicles to destinations across the globe. MSC said in an award notice posted Thursday the firm-fixed-price-award covers operations and maintenance support o...
Raytheon Technologies (NYSE: RTX) will help the U.S. Air Force and the U.S. Navy integrate Advanced Medium Range Air-to-Air Missile systems into military fighter aircraft under a potential 11-year, $74 million contract. The company’s missiles and defense business in Tucson, Arizona, will provide an aviation laboratory and perform flight test, ...
