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Tag Archives: Defense

Wayne Rehberger: Engility Has Scale for $100M-$500M Defense, Intell & Space Contract Targets

TYSONS CORNER, VA, August 22, 2018 — Wayne Rehberger, chief financial officer at Engility (NYSE: EGL), has said the company is looking into defense, intelligence and space contract opportunities in the $100M to $500M range for mission operations and systems engineering services, ExecutiveBiz reported Aug. 9. Rehberger said at the Jefferies 2018 Global Industrials …

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IAI Acquires DGS in Federal Cyber Market Push

Chantilly, Va.-based technology services contractor Integrity Applications Inc. has acquired Falls Church, Va.-based Dependable Global Solutions for an undisclosed sum in a push to grow federal customer base across the cybersecurity and counterintelligence markets. The deal comes nearly six months after investment firm Arlington Capital Partners bought IAI. Arlington Capital said Tuesday DGS Chief Strategy Officer Joel …

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Carlyle Group’s US Buyout Fund Secures $18.5B Capital

The Carlyle Group (Nasdaq: CG) has raised $18.5 billion for its latest fund that invests in U.S. companies in defense and government services and aerospace industries. The private equity firm said Monday the amount of capital raised for the Carlyle Partners VII fund surpassed the $15 billion target, reflecting a 42 percent increase …

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Boeing’s Leanne Caret Outlines Milestones to Support Planned KC-46 Delivery

TYSONS CORNER, VA, May 22, 2018 — Leanne Caret, president and CEO of Boeing’s (NYSE: BA) defense, space and security business, has said the company is set to deliver the KC-46 aerial refueling aircraft to the U.S. Air Force this year following several program milestones, ExecutiveBiz reported May 14. Caret, a …

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Honeywell Vet Adriane Brown Joins Raytheon Board

Adriane Brown, formerly president and chief operating officer of Intellectual Ventures, has been elected to the board of directors of Raytheon (NYSE: RTN). Thomas Kennedy, Raytheon chairman and CEO and a 2018 Wash100 recipient, said in a statement published Tuesday Brown’s insights and international experience across various industries would advance …

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Eric DeMarco: Kratos Eyes Defense Business Focus With Public Safety & Security Divestiture

Kratos Defense and Security Solutions (Nasdaq: KTOS) has agreed to sell its public safety and security system integration business to Securitas Electronic Security for approximately $69 million in cash. Eric DeMarco, Kratos president and CEO, said in a statement published Wednesday the divestiture concludes the execution of the company’s strategy to transition …

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General Dynamics to Buy CSRA in Potential $9.6B Deal; Phebe Novakovic, Larry Prior Comment

General Dynamics (NYSE: GD) has agreed to acquire CSRA (NYSE: CSRA) for approximately $9.6 billion in a move to form a combined information technology platforms provider in the government IT services sector. General Dynamics said Monday it will pay $40.75 in cash for each share of CSRA stock and assume …

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CIA Vet Jeanne Tisinger Joins Peraton’s New Advisory Board; Stu Shea Comments

Jeanne Tisinger, formerly deputy director for support of CIA, has been named the first member of Peraton‘s newly created advisory board. The company said Tuesday the advisory board, which will comprise government technology executives, will assist in the formation of Peraton’s growth strategy for 2018 onward. Stu Shea, CEO of Peraton, said Tisinger’s strategic …

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Grant Thornton’s Public Sector Group Adds Air Force Vet Paul Johnson

Paul Johnson, a retired U.S. Air Force major general, has joined Grant Thornton‘s public sector business as a senior strategic adviser for the defense and intelligence community. The 32-year military veteran will advise the company on security and defense business development and strategic matters, Grant Thornton said Friday. Carlos Otal, national managing …

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Parsons’ Carey Smith Helps Break Ground on Future Company Facility in Huntsville, AL

TYSONS CORNER, VA, Nov. 2, 2017 — Parsons has begun construction of a future 25,000-square-foot building in Huntsville, Alabama, as part of efforts to expand its existing facility and deliver integrated hardware and software platforms for intelligence, defense and infrastructure customers, ExecutiveBiz reported Monday. The Huntsville government said Oct. 25 the expansion is …

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