Stockholders of Perspecta (NYSE: PRSP) on Wednesday approved a proposal to be acquired by private equity firm Veritas Capital and be merged with its portfolio company Peraton. Holders of majority of Perspecta’s shares issued and outstanding as of March 18 voted in favor of the merger agreement, the company said Wednesday. With the approval, the...
Christopher Cage, senior vice president and chief accounting officer at Leidos (NYSE: LDOS), will succeed the retiring James Reagan as the company’s chief financial officer on July 5. Reagan, CFO of Leidos since 2015 and a four-time Wash100 Award recipient, will continue to serve as an adviser through the end of 2021, the company said...
Ametek (NYSE: AME) has purchased radio frequency and microwave test equipment supplier NSI-MI Technologies for approximately $230 million in a move to expand measurement and testing products. Suwanee, Georgia-based NSI-MI offers a portfolio of instruments designed to check the performance of defense, aerospace, wireless communications, research and ...
Carmen Santos-Logan, former deputy director of cybersecurity architecture and capability oversight at the Department of Defense, has joined Millennium as vice president of business development. Santos-Logan will oversee the Arlington, Virginia-based company’s business growth and development, capture and proposal functions, Millennium said Tues...
Lockheed Martin (NYSE: LMT) has promoted Christian Marrone from vice president to senior VP of government affairs. He succeeds the retiring Robert Rangel, who has managed the company’s interaction with Congress and its customer relationships across the public sector, Lockheed said Tuesday. Marrone served as vice president of external aff...
General Motors has appointed Steve duMont, a former executive at the intelligence and space segment of Raytheon Technologies (NYSE: RTX), as president of its defense business arm, replacing Tim Herrick, who has been holding the post on an interim basis. duMont brings two decades of experience in working with big defense industry players, having serv...
Elbit Systems’ (Nasdaq: ESLT) U.S. subsidiary and a Textron (NYSE: TXT) business segment have partnered to build a prototype as part of their joint bid for the U.S. Marine Corps’ Advanced Reconnaissance Vehicle development program. The Cottonmouth prototype from Textron Systems and Elbit Systems of America will be equipped with the IronVision sy...
AeroVironment (Nasdaq: AVAV) has closed its acquisition of Telerob, a Germany-based ground robotics vehicle developer. “Our acquisition of Telerob marks a significant expansion to our portfolio of intelligent, multi-domain robotic systems, from small and medium unmanned aircraft systems, to tactical missile systems and now, unmanned ground vehicle...
Wen Masters, previously deputy director for research at Georgia Tech Research Institute, has been appointed as Mitre‘s vice president for cyber technologies, effective May 17. She will oversee Mitre’s cybersecurity strategy across a portfolio of programs including those that tackle national security and economics, the organization said T...
The Defense Logistics Agency has selected five companies to help delivery medical and surgical supplies to foreign military sales customers under a potential five-year, $516.9 million contract. DLA received eight responses to the FMS Medical and Surgical Tailored Logistics Support program via a competitive solicitation, the Department of Defense sai...
