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Tag Archives: Defense

ASRC Federal Names Brig. Gen. Cary Chun Space, Intel SVP

ASRC Federal has appointed retired Air Force Brig. Gen. Cary Chun senior vice president of space and intelligence, the company announced Wednesday. The 27-year Air Force veteran will be based in Colorado Springs and have responsibility for leading the company’s expansion efforts in the defense and intelligence space operations market. …

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ATK Reports 5% Defense Sales Uptick for 1Q

ATK (NYSE: ATK) has announced financial results for the first quarter of its 2013 fiscal year, ended on July 1, 2012. For its defense group, the company reported a 5 percent year-over-year increase in sales to $514 million, compared to $492 million in the prior-year quarter. The company attributed this …

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Norway Confirms $10B Lockheed F-35 Buy

Norway has confirmed an estimated $10 billion purchase of Lockheed Martin-made (NYSE: LMT) F-35 jets, the country’s defense ministry announced Friday. The government authorized an initial order of two planes, followed by another pair in 2016 and 48 more jets will arrive in the country after 2017. According to the …

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Boeing 1Q Chinook, F-15, Satellite Deliveries Up

Boeing (NYSE: BA) released 2012 first quarter delivery figures for its defense, space and security programs Thursday, indicating total deliveries increased to 33 from 28 in the prior year period. The company delivered 10 newly-built Chinook helicopters in the quarter, up from 7 in 2011, while F-15 deliveries grew by …

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ATK Remodels Business into Three Groups

ATK (NYSE: ATK) has consolidated its operations into three business groups – aerospace, defense and sporting – as of April 1, the beginning of its 2012 fiscal year. ATK President and CEO Mark DeYoung announced the move in February. Missile Products Group Senior Vice President and President Mike Kahn leads ATK …

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Lockheed Wins $420M DLA Personnel System Contract

Lockheed Martin Corp. (NYSE: LMT) has won a $420 million Defense Logistics Agency contract to operate and maintain a civilian personnel data system, the Defense Department announced Thursday. The Bethesda, Md.-based contractor will also host and provide transition phase out services. The Army, Navy, Air Force, Pentagon and other federal …

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White Oak Merger Forms Big Data Firm; LaMontagne Named CEO

Arlington Capital Partners has merged its portfolio company White Oak Technologies Inc. with FGM Inc. to create Novetta Solutions, the private equity firm announced Wednesday. Peter LaMontagne, former president and CEO of Paradigm Holdings, will serve as Novetta’s CEO. He has led CACI International Inc.’s (NYSE: CACI) cyber practice and …

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SAIC Taps Director John Jumper as CEO

SAIC Inc. (NYSE: SAI) has selected five-year SAIC director and former U.S. Air Force Chief of Staff John P. Jumper to succeed Walt Havenstein as CEO on March 1. SAIC’s board of directors said in its announcement Tuesday that Jumper will remain on the board, which he has served on …

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Northrop Promotes Infrastructure, IT Vet to Lead C3I Systems

Northrop Grumman Corp. (NYSE: NOC) has appointed Pat Camacho vice president of integrated command, control, communications and intelligence systems, the company announced Thursday. Northrop said the 32-year company veteran will lead the defense systems business unit for net-centric operational command and control systems. He will report to Mike Twyman, vice …

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Sotera Completes Purchase of Potomac Fusion, Developer of Cloud, ISR Solutions

Sotera Defense Solutions completed its acquisition of Potomac Fusion Inc. on Friday, according to a company announcement. Sotera announced on Dec. 1 it had agreed to acquire the Chantilly, Va.-based company, a developer of information solutions for defense and intelligence, surveillance and reconnaissance (ISR) systems that operate in cloud computing environments. Sotera President …

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