Tag Archives: Cobham

THIS WEEK’S TOP 10 MOST POPULAR STORIES View Weekly Contract Awards Lt. Gen. Stephen Fogarty: Army Cyber Command Shifts to Information Advantage Approach Lt. Gen. Stephen Fogarty, who leads the U.S. Army’s Cyber Command (ARCYBER), said his group is shifting from a warfare-focused approach to one that prioritizes information advantage. Fogarty said at the …

Sheryl Hanchar, vice president and chief information security officer at Cobham’s advanced electronic solutions business, has been named to the board of directors of the Cybersecurity Maturity Model Certification Accreditation Body.

Mike Kahn, a nearly 40-year aerospace and defense industry leader and a previous Wash100 awardee, has been appointed CEO of Cobham’s advanced electronic solutions business.

Daniel Gelston, a two-decade intelligence and defense industry leader, will begin serving as president of defense and security group at CAE (NYSE: CAE) on Aug. 24.

Cobham’s advanced electronic solutions business has unveiled nine members of its board of directors five months after private equity firm Advent International acquired the U.K.-based aerospace and defense technology supplier.

The Defense Microelectronics Activity has awarded eight companies a $10.27B contract modification for engineering and technology insertion services intended to help modernize the Department of Defense’s electronic assets.

Advent International and Crosspoint Capital Partners have agreed to acquire Forescout Technologies (Nasdaw: FSCT) for $33 per share in cash, or approximately $1.9B, in a deal that will take the cybersecurity software company private. Michael DeCesare will remain as Forescout's president and CEO after the deal closes, the company said Thursday.

The U.K. government is likely to approve a deal for Advent International to acquire aerospace and defense contractor Cobham after the Boston-based private equity firm proposed several measures to address potential national security risks from the combination, Reuters reported Tuesday.

Sanjay Parthasarathy, a more than 25-year business development professional, has joined Leidos’ (NYSE: LDOS) defense group as vice president of business development and strategy for logistics and mission support operation.

A new PwC report says the value of global mergers and acquisitions in the aerospace and defense sector was $11.1B in the third quarter of 2019 and the total deal value for year-to-date 2019 was $80.3B, increasing by 2.8x when compared with YTD 2018.