Leidos Completes $1B Purchase of L3Harris’ Security Detection, Automation Businesses; Roger Krone Quoted Leidos has finalized its acquisition of L3Harris Technologies’ security detection and automation businesses for approximately $1 billion in cash, Leidos said Monday. The company also announced that Jim Moos, president of Leidos’ civil gr...
Northrop Grumman (NYSE: NOC) has been awarded a $123.5M contract modification to provide hardware and support services for the integration of the Department of Navy's Large Aircraft Infrared Countermeasures system onto U.S. and international military aircraft platforms....
UMG/Del Medical will provide radiographic systems, related accessories and training services to U.S. military and federal civilian customers under a potential 10-year, $100M contract from the Defense Logistics Agency. Fifty responses were submitted to the DLA for the indefinite-delivery/indefinite‐quantity contract via a competitive acquisition pr...
General Dynamics' (NYSE: GD) defense businesses earned $7.1B in total revenue for its fiscal 2020 first quarter that ended March 29, a modest increase from the same period last year. "In this time of crisis and uncertainty, our balance sheet remains strong," Phebe Novakovic, chairman and CEO of General Dynamics and a 2020 Wash100 awa...
Science Applications International Corp. (NYSE: SAIC) has appointed Gabe Camarillo, most recently vice president of strategy, and Josh Jackson, an 18-year company veteran, as senior vice presidents and operations managers within the defense solutions group. Camarillo will succeed the retiring Rick Sabol to oversee SAIC’s Naval Sea and Air System...
The COVID-19 pandemic has wreaked havoc and disruption on many aspects of security, work, and commerce. The virus has also called attention to the vulnerabilities of the supply chain, whether it be in secure sourcing and reliability of operations, or surrounding the cyber insecurities of interconnectivity....
Beacon Point Associates has won a potential five-year, $600M contract from the Defense Logistics Agency to provide hospital equipment and other accessories to four U.S. military branches....
Paul Strasser, who has served as president of Brillient over the past year, took the helm of the Reston, Va.-based government services provider as CEO. He succeeds Sukumar Iyer, who aims to continue driving growth initiatives of the company as its executive chairman...
Eric Chewning, a former official at the Department of Defense, has returned to management consulting firm McKinsey & Co. as a partner, Defense News reported Monday....
Executive Mosaic is honored to present Scott McIntryre, chief executive officer (CEO) of Guidehouse, as an inductee into the 2020 Wash100 Award for growing the company’s revenue and consulting services through securing major contract awards, closing valuable acquisitions and forging new partnerships....
