Tag Archives: Autonomy

TYSONS CORNER, VA, June 11, 2018 — Lockheed Martin (NYSE: LMT) aims to shift an estimated $460 million in savings the company said it generated through the recent U.S. tax reform law toward research and development as well as investments in technology startups, ExecutiveBiz reported Friday. The company said Thursday part …

TYSONS CORNER, VA, June 8, 2018 — Lockheed Martin (NYSE: LMT) aims to utilize $100 million in savings the company says it generated through the U.S. tax reform to invest in technology startup companies via its venture capital arm, ExecutiveBiz reported Thursday. Defense News reported Wednesday that Chris Moran, head …

Nelson Pedreiro, formerly chief engineer for strategic and missile defense systems at Lockheed Martin‘s (NYSE: LMT) space systems business, has been named head of the company’s Palo Alto, California-based advanced technology center, SpaceNews reported Wednesday. He will succeed Scott Fouse in the role and lead approximately 600 technicians and scientists …

Bill Weber, president and CEO of KeyW (Nasdaq: KEYW), has said the company has completed integration efforts with regard to its purchase of Herndon, Virginia-based national security technology contractor Sotera Defense Solutions. KeyW closed its $235 million cash acquisition of Sotera in April 2017 in an effort to expand its footprint in …

TYSONS CORNER, VA, Nov. 3, 2017 — Boeing (NYSE: BA) has added L3 Technologies (NYSE: LLL) to a team that the former will lead in efforts to develop an extra large unmanned undersea vehicle under a potential $42.3 million contract from the U.S. Navy, ExecutiveBiz reported Thursday. L3 said Thursday its …

Boeing (NYSE: BA) has agreed to buy Aurora Flight Sciences for an undisclosed sum as part of efforts to accelerate the development of autonomous technology for aerospace vehicles. Chicago-based Boeing said Thursday it would integrate Aurora into the aerospace and defense contractor’s engineering, test and technology segment upon closing of the acquisition. Greg Hyslop, chief …

TYSONS CORNER, VA, July 26, 2017 — Aili Kujawa, director of human resources and services at Johns Hopkins University Applied Physics Laboratory, has noted that the lab continues to pursue new investment and innovation opportunities while building on traditional capabilities. “At APL, innovation is who we are and why we were established,” …

The technology sector was one to watch in October’s merger and acquisition landscape, and a dominant player in the government contracting industry completed a significant transformation. GovCon Wire recorded 10 acquisitions in October and the first week of November, up from the eight we covered in September. Acquisitions IBM (NYSE: IBM) looked …

HP (NYSE: HPQ) has acquired control of Autonomy Corporation plc., buying approximately 87.34 percent of Autonomy shares for $33.77 per share in cash. The acquisition positions HP in control of Autonomy and as leader in the enterprise information management space. Autonomy provides IT solutions for unstructured and structured information with data analytics, …

Records-management firm Iron Mountain Incorporated (NYSE: IRM) announced it has entered into a definitive agreement with Autonomy Corporation plc (LSE: AU) for the firm to acquire Iron Mountain’s online backup and recovery, digital archiving and eDiscovery solutions for $380 million in cash. “This transaction is another significant step in delivering …