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Tag Archives: Chris Young

Dana Mehnert Named President of Harris Communication Systems; William Brown Quoted

Dana Mehnert, senior vice president and chief global business development officer at Harris (NYSE: HRS), will be functioning as president of the firm’s communication systems business beginning Sept. 30. He will oversee the $1.9B business and succeed Chris Young, whose nearing retirement follows a 36-year tenure with Harris and its …

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McAfee Relaunches as Independent Security Company

McAfee has officially launched as a stand-alone cybersecurity firm after Intel (Nasdaq: INTC) completed the spinoff of the latter’s security business through an approximately $4.2 billion deal with private equity firm TPG. Chris Young, a senior vice president and general manager at Intel, will serve as CEO of McAfee and Bryan Taylor, a partner …

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Weekly Roundup September 6-September 9: SAIC Reports Quarterly Earnings, Congress Back In Session, and More

September 6 – September 9 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson With summer official coming to a close and the nation celebrating Labor Day we see the government contracting community returning to their normal schedules. With the federal budget year …

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Private Equity Firm TPG, Intel to Form Security JV Under Estimated $4.2B Deal

Santa Clara, California-based computing chip maker Intel (Nasdaq: INTC) will spin off the company’s security business into a new joint venture with investment firm TPG through an estimated $4.2 billion multi-step transaction. Intel said Wednesday it will own 49 percent of the JV to be called “McAfee” and receive $3.1 billion cash while TPG will own the remaining …

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Harris Lands Army Tactical Radio Antenna IDIQ; Chris Young Comments

Harris Corp. (NYSE: HRS) has been awarded a five-year, $12 million contract to produce tactical radio antennas for the U.S. Army. Harris will supply RF-3134 high-frequency full-loop antennas to the Army for mobile communication, Harris said Monday. The company booked the order during its first quarter of fiscal year 2016. …

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Harris Unveils Company’s New Structure Post-Exelis Acquisition; William Brown Comments

Harris Corp. (NYSE: HRS) has unveiled the company’s new business structure that will take effect Friday, almost one month after the defense and communications technology maker closed its $4.75 billion acquisition of Exelis. Harris said Wednesday its reorganization into four business units will coincide with the end of the company’s 2016 fiscal year on Friday. …

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