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Tag Archives: Europe

Raytheon Execs Tom Vecchiolla, Caroline Cooper Talk Business Opportunities in Romania

TYSONS CORNER, VA, May 2, 2017 — Raytheon (NYSE: RTN) is looking into potential long-term business opportunities in Romania beyond the possible sale of company-built missiles for the country’s Deveselu ballistic missile defense platform, ExecutiveBiz reported Monday. ACTMedia reported Friday that Tom Vecchiolla, president of Raytheon International, revealed the plan to Mihai Tudose, Romania’s …

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Avaya Previews US, European Emergency Number Groups’ Partnership to Update First Responder Systems

TYSONS CORNER, VA, April 21, 2017 — Mark Fletcher, chief architect of Avaya’s worldwide public safety solutions business, is co-chair of an accessibility committee working group within the National Emergency Number Association that has partnered with its European counterpart to standardize a first responder strategy that utilizes modern technology, ExecutiveBiz reported Thursday. The …

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Poland Eyes Potential $7B Deal for Raytheon’s Patriot Missile Defense Batteries by November

TYSONS CORNER, VA, April 4, 2017 — Poland’s government is working to finalize its plan to purchase eight Raytheon-built (NYSE: RTN) Patriot air and missile defense system batteries under a potential $7.5 billion deal by November, ExecutiveBiz reported Monday. Defense News reported Friday the country is set to submit an updated letter of …

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Ian Bell, Marc-Olivier Sabourin Take New Leadership Roles at CAE’s Defense & Security Segment

Ian Bell, formerly head of the Europe/Middle East/Africa region at CAE (NYSE: CAE), has been named vice president and general manager for Asia-Pacific and the Middle East within the Montreal, Quebec-based company’s defense and security segment. CAE also appointed Marc-Olivier Sabourin, formerly regional operations director and deputy general manager for the firm’s Europe …

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L-3 Strikes Potential $315M Deal to Buy Aviation Security Tech Maker MacDonald Humphrey

L-3 Communications (NYSE: LLL) has purchased U.K.-based aviation security technology maker MacDonald Humfrey Automation in a deal potentially worth up to $315.5 million for an effort to add new automation and robotic tools for deployment at airports worldwide. The deal comes nearly one month after L-3 said it would purchase Implant Sciences‘ explosive trace …

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Vectrus Says Army to Re-Open Bids for Kuwait Logistics Contract, Narrows Earnings Guidance With Revenue Outlook Lift

GovCon Index-listed Vectrus (NYSE: VEC) said Tuesday the U.S. Army will seek revised proposals for a recompeted logistics contract the company originally was not selected for in late September as the program’s current iteration represents the largest the contractor’s portfolio. Vectrus added it is also awaiting a Government Accountability Office decision on a …

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Lockheed Boosts Intl Sales Goal to 30% on F-35, Missile Defense Prospects

Lockheed Martin (NYSE: LMT) has lifted its goal of international revenue from an initial goal of 25 percent originally set in 2014 to 30 percent in future years past 2016 as the defense contractor is “on track to exceed” the former benchmark this year, CEO Marillyn Hewson told investors Tuesday. Contributions …

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Airbus Names Francois Auque, Thomas d’Halluin as Venture Investment Chiefs for Europe, US

Francois Auque, formerly CEO of Airbus Group’s defense and space business in France and executive vice president of space systems, has been named head of the aerospace company’s venture investment activities in Europe. Airbus also appointed Thomas d’Halluin, formerly chief operating officer of Airbus Ventures, to lead the firm’s venture …

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Orbital ATK, Airbus to Build Eutelsat Satellite to Serve Europe, North Africa

TYSONS CORNER, VA, Oct. 12, 2016 — Orbital ATK (NYSE: OA) and Airbus will build a new satellite for Eutelsat Communications that will eventually serve European and North African video markets, ExecutiveBiz reported Tuesday. Eutelsat said Tuesday Orbital ATK will produce the platform for the future EUTELSAT 5 West B satellite while Airbus’ …

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Apollo Group, Constellis Executives to Buy Out Security Services Contractor

A group of investors including New York City-based Apollo Global Management (NYSE: APO) along with executive team members at Constellis Group have agreed to undertake a buyout of the global security services contractor for an undisclosed sum. Constellis Group said Friday it expects the transaction to close by the end of September and the …

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