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Tag Archives: Defense

Stu Shea: Peraton to Reaffirm Existing Capabilities to Support Customer Missions

TYSONS CORNER, VA, Aug. 21, 2017 — Peraton CEO Stu Shea has said the company will work to reaffirm its position in the space, intelligence, cyber/SIGINT, homeland security, defense and communications markets with its emergence from the sale of Harris‘ (NYSE: HRS) former government services unit to Veritas Capital. The business temporarily operated under …

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Serco’s Dave Dacquino Talks Business Opportunities, Target Market

TYSONS CORNER, VA, Aug. 7, 2017 — Dave Dacquino, CEO of Serco‘s business operations in North America, has said the company sees business opportunities in the areas of defense, citizen services and transportation. He told ExecutiveBiz in an interview published Wednesday that Serco is also working to enter the market for providing …

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SPA Marks 45th Year in Business; William Vantine Comments

TYSONS CORNER, VA, Aug. 3, 2017 — Systems Planning and Analysis has celebrated its 45th year in business providing a variety of services in support of the national security and defense sectors in the U.S., GovCon Executive reported Tuesday. The company said Friday it started on July 28, 1972, with three employees …

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BAE Systems Unveils Plans for Centralized Defense Facility in Victoria, Australia

TYSONS CORNER, VA, Aug. 2, 2017 — BAE Systems aims to open a new facility in Australia that will serve as a hub for the company’s aerospace, land and maritime business operations in Victoria, ExecutiveBiz reported Tuesday. The company said Tuesday the future defense hub will house production of the Land 400 armed …

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Stu Shea: Former Harris Gov’t Services Unit Emerges as ‘Peraton’ in Push for Nat’l Security Innovation

The former government services business of Harris Corp. (NYSE: HRS) that private equity firm Veritas Capital acquired in April has adopted the name Peraton after temporarily operating as MHVC Acquisition Corp. Peraton said Friday its new name derives from the concept that the company supports government customer missions that are critical to national …

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Raytheon Eyes Defense Tech Development, Capability Building in Saudi Arabia

TYSONS CORNER, VA, May 23, 2017 — Raytheon (NYSE: RTN) has entered into a partnership with state-owned Saudi Arabia Military Industries Company to pursue joint defense and technology development projects in areas such as smart munitions and defense systems cybersecurity, ExecutiveBiz reported Monday. The U.S. defense contractor said Saturday it will also …

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Army Vet Mary Legere Joins Accenture Federal Unit as Natl, Defense Intell Managing Director

Mary Legere, formerly a senior intelligence officer of the U.S. Army, has joined Accenture (NYSE: ACN) as managing director of national and defense intelligence business at the company’s federal services unit. Accenture said Thursday Legere will aim to bring the company’s digital, mission analytics and agile development service offerings to the defense, intelligence and cyber markets …

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KeyW Inks $235M Cash Deal for Sotera in Intell Community Push

Hanover, Maryland-based cyber and geospatial services contractor KeyW (Nasdaq: KEYW) has agreed to purchase Herndon, Virginia-based national security technology provider Sotera Defense Solutions for $235 million cash in a push to add new and complementary work with the intelligence community and related government customers. Both companies estimate the combined entity will generate close to $535 million in …

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March 1 Market Close: GovCon Index, US Stocks Climb to New Records on Trump Speech & Rate Hike Chatter

Executive Mosaic’s GovCon Index closed at an all-time high Wednesday for the second time in three sessions as U.S. stocks also extended their record-setting rally in their best one-day performance of 2017 so far with the S&P 500 composite index above 2,400 for the first time during intraday trade after President Donald …

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February 28 Market Close: GovCon Index, US Stocks Hold Lower Ahead of Trump Address

Executive Mosaic’s GovCon Index and U.S. stocks fell Tuesday at their worst one-day declines over the past month as investors looked ahead to President Donald Trump’s speech before a joint session of Congress at 9:00 p.m. Eastern time for further clues on his economic agenda that has included promises of tax cuts, deregulation …

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