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Tag Archives: featured

Spirit AeroSystems Inks $650M Cash Deal for Asco’s Parent Company

Spirit AeroSystems (NYSE: SPR) has agreed to buy Asco Industries’ Belgium-based parent company, S.R.I.F., for approximately $650 million in cash. Wichita, Kan.-based Spirit said Wednesday it expects to use new debt to fund the transaction that is scheduled to conclude in the second half of 2018, pending regulatory clearances and …

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NASA Vet Robert Lightfoot to Join LSINC as President; Alicia Ryan Comments

Robert Lightfoot, a 29-year NASA veteran and former acting administrator of the space agency, has been appointed to serve as president of LSINC. “His forward-thinking and consensus-building leadership style brings a new dimension to how we can work with those we serve,” Alicia Ryan, LSINC CEO, said in a statement released …

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Federal IT Sales Vet Bill O’Neill Named Chief Revenue Officer at ORock Technologies

Bill O’Neill, former head of Defense Department sales at Forcepoint, has joined ORock Technologies as chief revenue officer. The three-decade public sector technology market veteran will oversee sales, business and channel development functions, growth strategies, channel partnerships and collaborative account management efforts in his new role, ORock said Wednesday. At Forcepoint, O’Neill helped drive adoption …

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L3 Names John Kim VP of Investor Relations, Analytics

L3 Technologies (NYSE: LLL) has appointed John Kim, former senior analyst at SAB Capital, to serve as vice president of investor relations and analytics. In his new role, Kim will oversee L3’s investment community engagement, reporting directly to Heidi Wood, senior VP of strategy and technology, the company said Monday. He will also …

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David Sullivan Joins Crowley’s Government Services Group in VP Role

David Sullivan, former capture strategist at Northrop Grumman (NYSE: NOC), has joined Crowley Maritime Corp. as vice president of business development and capture management at the company’s government services business. Crowley said Tuesday Sullivan will lead a business development team in efforts to determine requirements of government and military clients and …

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ICE Vet William Weinberg Appointed Guidepost Federal Practice Managing Director

J. William Weinberg, former director of the Immigration and Customs Enforcement agency’s office of acquisition management, has joined Guidepost Solutions as managing director of its federal practice. Guidepost said Tuesday Weinberg aims to help clients understand federal procurement rules and pursue and manage government contracts in his new position, At ICE, he managed …

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BAE’s Martha Shepard, Vencore’s Barry Barlow Receive 4×24 Chairman Awards; Jim Garrettson Comments

Executive Mosaic has recognized Martha Shepard, vice president of contracts at BAE Systems Inc., and Barry Barlow, senior VP and and chief technology officer at Vencore, for their service to their community of peers through the 4×24 Leadership Program. Both industry veterans completed a full year of service as chairman of 4×24 …

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Mike Molino Joins ASRC Federal as Corporate Development EVP; Mark Gray Comments

Mike Molino, formerly senior vice president of strategy and corporate development at Leidos (NYSE: LDOS), has been named executive VP of corporate development at ASRC Federal. The more than 15-year industry veteran will oversee ASRC Federal’s mergers and acquisitions strategy and its capital deployment and strategic alignment efforts in his new …

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American Industrial Partners to Buy L3’s Vertex Aerospace Business Through $540M Cash Deal

New York-based private equity firm American Industrial Partners has agreed to buy Vertex Aerospace business from L3 Technologies (NYSE: LLL) for approximately $540 million in cash. The transaction includes the acquisition of L3’s TCS and Crestview Aerospace business units that operate under the technology contractor’s aerospace systems segment and both companies …

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Veritas Closes PwC Public Sector Purchase; Ramzi Musallam, Scott McIntyre Comment

Veritas Capital has wrapped up its acquisition of PwC‘s U.S. public sector arm that offers strategic advisory services to federal, state and local government agencies. The New York City-based private equity firm will rename the acquired business once current rebranding efforts are completed, Veritas said Tuesday. “We are excited to start this next stage of …

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