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Tag Archives: featured

Rakesh Sharma: Ultra Electronics Targets Security Sector with Forensic Tech Buy

Ultra Electronics Holdings has acquired ballistics identification and forensic analysis provider Forensic Technology WAI Inc. for approximately $86 million. Forensic Technology, a Montreal, Canada-based company, will retain its current management team and operate within Ultra’s tactical and sonar systems division from Forensic Technology’s existing headquarters, Ultra said Monday. Rakesh Sharma, …

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Jonathan Padfield to Oversee Customer Affairs for Huntington Ingalls Amphibious Programs

Jonathan Padfield, a retired U.S. Navy captain and former assault craft unit commanding officer, has joined Huntington Ingalls Industries (NYSE: HII) as corporate director of customer affairs for amphibious programs. He has also served as a staff member for military organizations such as the Office of the Chief of Naval Operations, Amphibious Group …

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Donna Harris: 1776-MedStar Partnership Aims to Foster Medtech Startup Growth

Business incubator 1776 and MedStar Health have partnered to help startups pilot their medical technology products and attract potential customers, The Washington Post reported Tuesday. Steven Overly writes that the alliance also seeks to connect healthcare innovators with MedStar’s local network of hospitals. Washington-based 1776 has also forged a similar …

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Bob Carrigan: D&B Picks Up Indicee for Cloud Analytics Strategy

Dun & Bradstreet (NYSE: DNB) has bought cloud business intelligence software provider Indicee for an undisclosed amount as part of D&B’s efforts to help customers manage complex data. Employees of Vancouver-based Indicee will join D&B’s Cloud Innovation Center and work to deliver content management and analytics tools to business clients, …

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Nick Lovegrove, McKinsey Vet, Named Brunswick Group US Managing Partner

Nick Lovegrove, a three-decade veteran of McKinsey & Co.,  has joined Brunswick Group as managing partner in the U.S. and will work with Senior Partner Steve Lipin, Holmes Report reported Tuesday.  The website reports that Lovegrove succeeds Michael Buckley, who left his post in 2013. Lovegrove most recently served as managing partner …

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Orbital Sciences, ATK’s Aerospace & Defense Groups to Merge in $5B Deal

Orbital Sciences Corp. (NYSE: ORB) has agreed to merge with ATK‘s (NYSE: ATK) aerospace and defense groups in an approximately $5 billion transaction to create a combined company that will operate as Orbital ATK once the deal completes. In separate releases from ATK and from Orbital, the companies said Monday that …

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General Dynamics-Huntington Ingalls Team Awarded $18B to Build Subs; Jeffrey Geiger, Matt Mulherin Comment

General Dynamics (NYSE: GD) Electric Boat subsidiary and Huntington Ingalls’ (NYSE: HII) Newport News Shipbuilding will continue to jointly construct submarines for the U.S. Navy under a $17.6 billion contract. The team will work to develop 10 additional Virginia-class Block IV submarines over five years beginning on May 1 and …

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URS to Help Navy Maintain Training Range Systems for $343M

URS Corp. (NYSE: URS) will help the U.S. Navy maintain training range systems at facilities in the U.S. under a potential five-year, $343 million task order. The contract to support the Navy’s Combined Tactical Training Range also includes work to help CTTR engineer and configure training range systems, URS said Tuesday. …

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DMI Buys Digital Marketing Agency Pappas Group; Jay Sunny Bajaj Comments

Digital Management Inc. has acquired Washington-based Pappas Group for an undisclosed amount to add marketing and branding services to DMI’s enterprise mobile technology portfolio. DMI and Pappas seek to help enterprises build brands and relationships with customers by using mobile, analytics and data management platforms, DMI said Tuesday. “To win …

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CHSi Subsidiary Lands Medical Work Under US Foreign Sales Deal; Gary Palmer Comments

A Comprehensive Health Services Inc. subsidiary has been awarded a multi-year contract to provide on-site healthcare services at Iraq’s Balad Air Base through the U.S. foreign military sales program. Sallyport Global Services awarded the contract to CHS Middle East LLC as part of an FMS deal for F-16 aircraft with …

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