Cubic (NYSE: CUB) has merged five product lines into the San Diego, California-based company's intelligent transportation systems division as part of efforts to drive operational efficiency and an emerging concept called mobility as a service.
Read More »ST Engineering Consolidates US Business Units
ST Engineering has dissolved its VT Systems International subsidiary and consolidated business operations in the U.S.
Read More »Raytheon-UTC Deal Comes as DoD Eyes New Priorities; Pierre Chao Offers Insight on M&A Trend
The planned merger between Raytheon (NYSE: RTN) and United Technologies Corp. (NYSE: UTX) comes as the aerospace-and-defense sector anticipates slower growth in the Department of Defense’s spending and as DoD sets its sights on hypersonic missiles, space systems and other new priorities, The Wall Street Journal reported Wednesday.
Read More »Unisys to Participate in $12.1B Contract with U.S. Army; Andrew Boyd Quoted
The U.S. Army Contracting Command selected the Unisys Corporation as one of 50 large companies to compete for task orders under a potential nine-year, $12.1 billion contract to provide IT services to all Army organizations, Unisys announced Thursday. Under the contract, Unisys will compete for task orders for services including …
Read More »SAIC Eyes DC Real Estate Consolidation, IT Reinvestment; Nathan Rogers Quoted
TYSONS CORNER, VA, February 12, 2019 — Science Applications International Corp. (NYSE: SAIC) looks to consolidate its 31 offices across the Washington, D.C., area following its acquisition of Engility in an effort to optimize the integrated company’s operations and infrastructure, ExecutiveBiz reported Wednesday. Bisnow reported Feb. 4 that the effort …
Read More »Kathy Warden: Northrop to Merge Two Tech Services Business Areas Into One Entity
Kathy Warden, president and chief operating officer of Northrop Grumman (NYSE: NOC), has said the company will begin in 2019 to consolidate into a single unit its system modernization and advanced defense services areas that operate under its technology services business. Warden, a three-time Wash100 recipient, told analysts Wednesday during the company’s earnings …
Read More »Jason Aiken: General Dynamics Seeks to Compete in ‘Consolidating’ Govt IT Services Market
Jason Aiken, CFO of General Dynamics (NYSE: GD), has said the acquisition of CSRA (NYSE: CSRA) will help the Falls Church, Virginia-based aerospace and defense contractor compete in the government IT services market, Inside Defense reported Wednesday. “In a consolidating market, our thesis is that you either have to consolidate or get consolidated …
Read More »Boeing Expands Role of CFO, EVP Greg Smith to Include Enterprise Performance Leadership
Boeing (NYSE: BA) has expanded the responsibilities of Greg Smith, chief financial officer and executive vice president of corporate development and strategy, to include leadership over business performance, innovation and corporate functional excellence. Smith will have the dual role of CFO and EVP for enterprise performance and strategy beginning July 1 …
Read More »Cubic Building Larger Facility for GATR Technologies Business in Alabama; Mike Twyman Comments
TYSONS CORNER, VA, June 6, 2017 — Cubic‘s (NYSE: CUB) mission solutions organization is working to expand its GATR Technologies satellite communications business with the construction of a 63,000-square-foot facility in Huntsville, Alabama, ExecutiveBiz reported Thursday. The company said Thursday the future facility serves to consolidate GATR’s production, operations, engineering, business …
Read More »SAIC CEO: GovCon Services Consolidation to Continue, ‘Time-To-Market’ Key in Bids
Science Applications International Corp.’s (NYSE: SAIC) chief executive told investors Thursday he expects consolidation among government services contractors to continue as companies continue to pursue portfolio reshaping initiatives. SAIC itself was a player in the GovCon services consolidation wave through the $790 million acquisition of Scitor announced in March 2015 nearly five months …
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