Home / Tag Archives: Autonomy

Tag Archives: Autonomy

Lockheed to Funnel $460M Tax Reform Savings to R&D, Venture Fund, Employee Programs

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 …

Read More »

Lockheed Martin Ventures Eyes $100M in Tech Startup Investments

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 …

Read More »

Report: Nelson Pedreiro Appointed to Lead Lockheed’s Space Research Org

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 …

Read More »

KeyW Completes Sotera Integration, Reports Rise in FY 2017 Revenue

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 …

Read More »

Boeing Picks L3 to Help Design Capabilities for Navy’s Extra Large UUV

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 …

Read More »

Greg Hyslop: Boeing Makes Autonomous Tech Push Through Aurora Flight Sciences Buy

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 …

Read More »

Aili Kujawa: Johns Hopkins APL Continues Drive Toward Innovation

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,” …

Read More »

GovCon Wire’s October M&A Activity Recap: Active Tech Sector, One Big Spinoff

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 …

Read More »

HP Buys Autonomy Corp to Expand Enterprise Information Offerings

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, …

Read More »

Autonomy Corp. to Buy Iron Mountain’s Online Recovery & Digital Archiving Solutions for $380M

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 …

Read More »