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Tag Archives: Acquisition

SSL’s Robert Zitz: Pending DigitalGlobe Purchase to Boost MDA’s Satellite Imagery, Analysis & Insights Portfolio

TYSONS CORNER, VA, June 14, 2017 — Robert Zitz, senior vice president and chief strategy officer at Space Systems Loral‘s government systems business, has said the pending acquisition by parent company MacDonald, Dettwiler and Associates of DigitalGlobe (NYSE: DGI) would enable MDA to build up support for intelligence and defense agencies, ExecutiveBiz reported …

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CSRA Lands Task Order for Continued Acquisition Support to PEO Aircraft Carriers

TYSONS CORNER, VA, June 9, 2017 — CSRA (NYSE: CSRA) will continue to provide acquisition support to the Naval Sea Systems Command‘s Program Executive Officer for Aircraft Carriers over five years under a $61 million task order, ExecutiveBiz reported Thursday. The company said Wednesday the task order covers acquisition program support services across all …

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Former DoD Acquisition Chief Frank Kendall Rejoins Renaissance Strategic Advisors

The Honorable Frank Kendall has rejoined aerospace and defense advisory firm Renaissance Strategic Advisors as an executive in residence. “We are excited to have Frank rejoin the RSAdvisors team after such a distinguished term in government service. His keen analytical mindset, depth of expertise and intellect will be a great …

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MDA-DigitalGlobe M&A Deal Focused on Satellite Imagery, Earth Observation Services

TYSONS CORNER, VA, May 25, 2017 — The upcoming $3.6 billion acquisition of DigitalGlobe (NYSE: DGI) by MacDonald, Dettwiler and Associates is anticipated to boost the latter’s satellite manufacturing business and diversify its satellite services, ExecutiveBiz reported Wednesday. Space News reported Tuesday the deal will also work to build on MDA’s …

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Air Force Taps L3 to Potentially Choose New Electronic Attack Aircraft

TYSONS CORNER, VA, May 11, 2017 — L3 Technologies (NYSE: LLL) has been named by the U.S. Air Force as a potential decision-maker in the service branch’s effort to replace its current fleet of EC-130H Compass Call electronic attack aircraft, ExecutiveGov reported Wednesday. Defense One reported Tuesday that Lt. Gen. Arnold Bunch, the …

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Leidos’ Roger Krone: Budget Uncertainty, Appointment Delays in Gov’t Affect Acquisition Decisions

TYSONS CORNER, VA, May 9, 2017 — Leidos (NYSE: LDOS) Chairman and CEO Roger Krone has said he believes acquisition programs have been affected by the delay in the appointment of leaders at federal agencies such as the Defense Department, ExecutiveBiz reported Friday. Inside Defense reported Thursday that Krone, an inductee into Executive Mosaic’s …

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Glen Post to Lead Senior Leadership Team of Future CenturyLink-Level 3 Combined Firm

CenturyLink (NYSE: CTL) has named the executives that will form the senior leadership team of the future combined company that will result from its planned $34 billion purchase of Level 3 Communications (NYSE: LVLT). Glen Post III, CEO and president of CenturyLink, will lead the team as part of the …

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February 24 Market Close: GovCon Index Up, Records 4th Straight Weekly Gain

Executive Mosaic’s GovCon Index closed higher Friday to end its fourth straight weekly gain as investors eyed defense stocks after President Donald Trump repeated his election campaign pledge to build up the military during a speech in Washington. U.S. equities also posted narrow gains and the benchmark S&P 500 composite index ended the …

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STG Makes Intell Community Push Through $119M Deal for Preferred Systems Solutions

Reston, Va.-based government technology services contractor STG Group has agreed to acquire software engineering and computing provider Preferred Systems Solutions for $119 million in a push to add new footprints in the intelligence community and other national security agencies. STG said Tuesday it expects to close the transaction by the end of March pending …

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February 17 Market Close: GovCon Index Sets 5th Straight Record Close on Boeing & Huntington Ingalls Lifts

Executive Mosaic’s GovCon Index crawled to a fifth straight record close Friday to extend its current stretch of weekly gains to three and record a five-day advance of 2.72 percent . The U.S. stock benchmark S&P 500 also inched to a record close for a weekly gain of more than 1 percent despite investor …

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