Tag Archives: competition

Roger Krone: Leidos Eyes ‘Complementary Acquisitions’ to Continue Growth Push

Roger Krone, chairman and CEO of Leidos (NYSE: LDOS) and 2021 Wash100 awardee, said the company wants to continue pursuing mergers and acquisitions amid the consolidation and competition for big information technology contracts within the federal market, the Washington Business Journal reported Friday. “For us, now is not a time …

Read More »

Proposed UTC-Raytheon Merger Gets DOJ Antitrust Clearance With Divestiture Requirement

proposed-utc-raytheon-merger-gets-doj-antitrust-clearance-with-divestiture-requirement

The Department of Justice has given United Technologies Corp. (NYSE: UTX) and Raytheon (NYSE: RTN) an antitrust approval to proceed with their proposed merger through an all-stock transaction, Reuters reported Friday. A DOJ notice posted Thursday says the approval comes with a proposed settlement that requires both companies to divest to a U.S. approved-buyer Raytheon’s airborne tactical radios business and UTC’s military GPS business and its large space-based optical systems unit to maintain competition.

Read More »

SAIC, NGA to Hold Competition for Mobile Apps Designed to Support DoD

TYSONS CORNER, VA, February 20, 2019 — Science Applications International Corp. (NYSE: SAIC) will collaborate with the National Geospatial-Intelligence Agency to administer a competition for the development of mobile applications designed to address a need of the Department of Defense, ExecutiveBiz reported Tuesday. The Innovative GEOINT Application Provider Program portal stated that the annual IGAPP …

Read More »

Johns Hopkins APL Tops IARPA Forecasting Challenge on Geopolitical Issues

TYSONS CORNER, VA, November 12, 2018 — A group from Johns Hopkins University Applied Physics Laboratory has won a seven-month competition organized by the Intelligence Advanced Research Projects Activity that sought to utilize crowdsourcing to help the intelligence community predict geopolitical events, ExecutiveBiz reported Friday. The lab said Thursday its “DigitalDelphi” team …

Read More »

Lockheed Martin Backs Competition on AI-Enabled Autonomous Drones

TYSONS CORNER, VA, September 7, 2018 — Lockheed Martin (NYSE: LMT) has partnered with the Drone Racing League to establish a competition focused on utilizing artificial intelligence to operate an unmanned aircraft system, ExecutiveBiz reported Thursday. The company said Wednesday participants in the $2M AlphaPilot Innovation Challenge will be tasked to develop an …

Read More »

Report: Germany Begins $4.72B Heavy-Lift Helicopter Replacement Bid Process

Germany’s military has cleared a plan to start the competition for a potential $4.72 billion contract to purchase 45 to 60 heavy-lift helicopters to replace its current fleet of CH-53G aircraft, Reuters reported Friday. A source said Gen. Volker Wieker, chief of staff of the German Bundeswehr, signed Thursday a …

Read More »