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Tag Archives: Consolidation

Bill Toti to Lead Cubic’s Consolidated Defense Unit Under Reorg Initiative; Bradley Feldmann Comments

Cubic (NYSE: CUB) has appointed Bill Toti, formerly president of the mission support services unit, as president of the new global defense segment that was formed as part of the One Cubic business realignment initiative. The company said Wednesday Cubic Global Defense consolidated the defense systems and mission support services businesses to streamline operations and drive …

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Boeing to Consolidate Defense, Space Development Functions; Chris Chadwick Comments

Boeing (NYSE: BA) will merge its defense and space business development operations into a single organization with the goal of addressing program risks and cost issues. Chris Chadwick, CEO of Boeing’s defense, space and security business, said Wednesday the future BDS development group will “apply engineering expertise, development program best …

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Navy Outlines Data Center Closure Goals, Commercial Push; Ari Astles Comments

The U.S. Navy plans to consolidate more than 12, 000 servers and close 67 data centers, Federal Times reported Monday. Nicole Blake Johnson writes the Navy originally planned to close 4, 932 servers by fiscal 2017 and has close-to-tripled its goals. Citing a request for information, Johnson reports the Navy will also …

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DRS to Restructure, Relocate Corporate Functions; William Lynn Comments

DRS Technologies announced it is restructuring into three operations groups and will enter a proxy agreement with the Defense Security Service. DRS, a Finmeccanica subsidiary, said the agreement will allow DRS and its subsidiaries to compete for classified contracts and access classified information as a unified entity. DRS will also …

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HP, GDIT, Northrop Win Spots on $250M Army Cloud Contract; Zannie Smith Comments

HP Enterprise Services (NYSE: HPQ), Northrop Grumman (NYSE: NOC) and a joint venture between three General Dynamics (NYSE: GD) companies have won positions on a potential $249.8 million contract to provide cloud computing services to the U.S. Army. In separate announcements, the companies said the Army Private Cloud 2 contract …

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