Global private equity firm H.I.G. Capital has agreed to acquire Reston, Virginia-based government information technology services provider NCI (Nasdaq: NCIT) for approximately $283 cash, or $20 per share. NCI said Monday its board of directors unanimously approved the proposed sale and that founder and Chairman Charles Narang will tender all of...
Weekly Roundup June 26 – June 30 2017 A Note From Our President & Founder Jim Garrettson This week we saw the unveiling of the House Armed Services Committee™s $696.5 billion defense authorization bill. The draft, titled 2018 National Defense Authorization Act (NDAA), was revealed on the 26th and asks for $28.5 billion more than ...
Lockheed Martin (NYSE: LMT) has won a spot on a potential seven-year, $409 million indefinite-delivery/indefinite-quantity contract to support a U.S. Air Force program that seeks to research and develop thermal, power and control technologies for air platforms. The Defense Department said Friday the Next Generation Thermal, Power, and Cont...
Austin Adams, vice president of public sector at San Mateo, California-based open-source software provider Alfresco, has said government agencies should address œcontent chaos through the adoption of a centralized platform designed to process and store documents. Adams wrote that such a platform works to help government personnel access, share ...
United Launch Alliance has won a potential $191.1 million contract to help the U.S. Air Force send into orbit a new satellite designed for space test missions. The Lockheed Martin (NYSE: LMT)-Boeing (NYSE: BA) joint venture will produce a launch vehicle and support mission integration, spaceflight worthiness and launch operations of the Sp...
Northrop Grumman (NYSE: NOC) has secured a $179 million contract modification from the U.S. Air Force to provide hardware and support for large aircraft infrared countermeasures systems, or LAIRCM. The Defense Department said Thursday the company will perform work under the modification in Rolling Meadows, Illinois through April 30, 2...
TYSONS CORNER, VA, June 29, 2017 ” Boeing (NYSE: BA) has helped establish a development research hub at the Georgia Institute of Technology’s Delta Advanced Manufacturing Pilot Facility in efforts to advance industrial automation technologies, ExecutiveBiz reported Wednesday. The company said Tuesday the Boeing Manufacturin...
Lisa Atherton, formerly executive vice president of military business at Textron‘s (NYSE: TXT) Bell Helicopter subsidiary, has been appointed president and CEO of Textron Systems. She replaces Ellen Lord, who will be nominated by President Donald Trump as undersecretary of defense for acquisition, technology and logistics, Textron said Wednesd...
TYSONS CORNER, VA, June 28, 2017 ” Battelle will work to support the U.S. Army‘s Tank Automotive Research, Development and Engineering Center in efforts to address sustainment challenges associated with military support technologies under a $20 million contract, ExecutiveBiz reported Tuesday. The company said Monday it will...
John Celli, president of SSL (Space Systems Loral,) will be stepping down after serving the satellites and spacecraft systems company for 36 years, MacDonald, Dettwiler and Associates Ltd. (TSX:MDA), announced Wednesday. Dario Zamarian has been appointed Group President and Paul Estey has been appointed Executive Vice President and Chief O...
