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Tag Archives: featured

ITT FY 2013 Revenue Up 12%; Denise Ramos Comments

ITT Corp. (NYSE: ITT) has announced financial results for both its fourth fiscal quarter and full 2013 fiscal year that ended Dec. 31, 2013. Full-year revenue grew 12 percent to $2.5 billion and fourth quarter revenue jumped 17 percent over the prior-year period to $646 million, ITT announced Friday. The …

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Ignacio Balderas: Triple Canopy Seeks Talent Base Growth Through Employee Ownership

Triple Canopy has established an employee-owned company through a new employee benefit structure. The company forged an employee stock ownership plan for employees to obtain shares in the company, Triple Canopy said Friday. Ignacio Balderas, Triple Canopy CEO, said the company intends to expand its employee base and retain skills through the new …

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USAID Hands $2.5B Transition Support Contract to 9 Companies

The U.S. Agency for International Development has awarded positions on a potential five-year, $2.5 billion contract to nine companies for work to support political transition and stabilization efforts in countries transitioning to democracies. USAID started the Support Which Implements Fast Transitions program in 1994 and has worked in 40 countries to implement …

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Stuart Thorn Joins Curtiss-Wright Board of Directors; Martin Benante, David Adams Comment

Stuart Thorn, president and CEO at electric cable manufacturer Southwire Company, has been elected to the board of directors at Curtiss-Wright (NYSE: CW). He started at Southwire in 2001 as president and chief operating officer before becoming CEO a year later, Curtiss-Wright said Wednesday. Martin Benante, Curtiss-Wright chairman, said Thorn will bring …

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Booz Allen to Continue Support for DHS Cyber Breach Simulation Program

Booz Allen Hamilton (NYSE: BAH) has received a $400, 000 contract to continue supporting a Department of Homeland Security-sponsored cyber attack preparedness exercise, Nextgov reported Thursday. Aliya Sternstein writes that Booz Allen supports the DHS’ Cyber Storm drill, which aims to evaluate the nation’s response capabilities in the event of …

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Thales to Install Naval Radars for Dutch Military

Thales Group has signed a contract with Damen Schelde Naval Shipbuilding to supply and install surveillance radars for the Netherlands’ Joint Support Ship program. Thales will install its Scout Mk3 sensor technology on a vessel Damen Schelde is building for the Dutch defense materiel organization, Thales said Friday. Netherlands’ military …

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Harald Wilhelm: Airbus Aims for Salzburg Munchen Bank Buy to Form Company Bank

Airbus Group has moved to expand its financing options by agreeing to buy Salzburg Munchen Bank AG from Raiffeisenverband Salzburg. The Munich-based bank will be renamed Airbus Group Bank once the transaction is completed and the new Airbus subsidiary will provide financial services to the aeronautics and defense company, Airbus …

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John Mulholland: Boeing Tests CST-100 Vehicle Adapter, Emergency Detection System

Boeing (NYSE: BA) has concluded a series of software and hardware reviews for the company’s crew transport spacecraft under NASA’s requirements. The company completed the wind tunnel tests for the launch vehicle adapter that works to connect the Crew Space Transportation-100 spacecraft to a United Launch Alliance-built Atlas V rocket, Boeing said …

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IntelliDyne JV Awarded NIH Engineering Task Order; Tony Crescenzo Comments

IntelliDyne has been awarded a potential five-year, $48.5 million task order through its Hygeia Solutions Partners joint venture to help four health and information technology organizations carry out engineering and integration work. The consulting firm said Wednesday the partnership with Govplace, Ariadne Genomics and Earth Resources Technology received the order under …

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Linda Hudson Joins Energy Firm Southern Company’s Board of Directors

Linda Hudson, former president and CEO of BAE Systems‘ U.S. subsidiary, has been elected to the board of directors at energy firm Southern Company (NYSE: SO) and will continue to serve as an adviser and external director at BAE Systems Inc. Hudson led the subsidiary’s armament and technical products unit …

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