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Tag Archives: featured

CenturyLink Moves Closing Date for $34B Level 3 Acquisition to October

CenturyLink (NYSE: CTL) has pushed back the projected closing date for its pending $34 billion acquisition of Level 3 Communications (NYSE: LVLT) through a cash-and-stock transaction from Sept. 30 to mid-to-late October. The revised timeframe for the transaction’s intended closure was based on the California administrative law judge’s recommendation for the California Public Utilities …

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State Dept OKs Potential $5.23B Boeing Super Hornet Aircraft Sale to Canada

The State Department has approved Canada’s request to buy Boeing-built (NYSE: BA) F/A-18 Super Hornet aircraft and related equipment and services from the U.S. government under a potential $5.23 billion foreign military sales agreement. Boeing, Northrop Grumman (NYSE: NOC), Raytheon (NYSE: RTN) and General Electric (NYSE: GE) will serve as principal contractors …

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L3 Eyes Undersea Market Expansion Through Adaptive Methods Buy

L3 Technologies (NYSE: LLL) has purchased Centreville, Virginia-based systems engineering firm Adaptive Methods for an undisclosed sum in a move to expand footprint in the undersea market. L3 said Tuesday it will incorporate Adaptive Methods into its sensor systems business segment to operate as L3 Adaptive Methods. Christopher Kubasik, L3 president and …

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Report: CSRA Lands $2.4B NSA Enterprise IT Support Recompete

CSRA (NYSE: CSRA) has secured a potential 10-year, $2.4 billion follow-on contract from the National Security Agency for enterprise information technology services, Nextgov reported Tuesday. The company said in a Sept. 5 filing with the Securities & Exchange Commission it won the recompete contract from a Defense Department agency through …

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Huntington Ingalls to Continue Navy Ship Planning Yard Support Under $151M Contract Modification

A Huntington Ingalls Industries (NYSE: HII) subsidiary has received a $150.8 million contract modification to continue planning yard services for the U.S. Navy‘s Ticonderoga-class guided missile cruisers and Spruance-class destroyers. HII’s Ingalls Shipbuilding business will provide modernization program planning; ship change planning development and installation; program management; type commander support; mobile assist teams; rotatable …

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Leidos Secures Potential $684M Task Order to Help Operate, Maintain DHS Networks

Leidos (NYSE: LDOS) has received a potential six-year, $684 million task order to carry out a range of services in support of the Department of Homeland Security‘s Homeland Secure Data Network and Classified Local Area Network. The General Services Administration awarded the Secure Enterprise Network Systems, Services and Support task order, or SENS3, through …

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Thales e-Security’s Brent Hansen: Encrypting Data at Rest Key to Agencies’ Cyber Defense Efforts

Brent Hansen, senior director of solution architects at Thales e-Security, has said federal agencies seeking to build up their cybersecurity posture should prioritize the adoption of technology platforms that work to encrypt data at rest. Hansen wrote that encrypting data at rest could help agencies safeguard critical information from cyber …

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SOS International Buys DGI in Cyber Intelligence Market Push

SOS International has acquired Vienna, Virginia-based data analytics and cyber platforms provider Defense Group Inc. for an undisclosed sum in a move to expand its client base and broaden technical capabilities in the field of cyber intelligence. The transaction marks SOSi’s second purchase in the intelligence sector after it bought defense …

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Govt Services Vet John Hassoun Named VT Group President, CEO

John Hassoun, former president and CEO of software developer Vistronix Intelligence and Technology Solutions, has been appointed to the same dual role at Chantilly, Virginia-based defense technology provider VT Group. VT Group said Monday the more than 25-year government market veteran will oversee the company’s overall executive management and business strategy in his …

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Former Federal CIO Tony Scott Joins Squire Patton Boggs as Senior Data Privacy, Cyber Adviser

Tony Scott, former federal chief information officer under the Obama administration, has been named senior data privacy and cybersecurity adviser at international law firm Squire Patton Boggs. Scott’s “insight into the data protection and cybersecurity policy landscape from his time as the government’s CIO and private sector will be of …

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