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Tag Archives: featured

Harris Wins $149M to Deploy Tactical Radios for Militaries in Australia, Middle East; Brendan O’Connell Comments

Harris Corp.’s (NYSE: HRS) RF Communications business has won two contracts worth up to a combined $149 million to supply multiband radios to the Australian department of defense and an unspecified Middle East nation. The radio communications provider will deploy radios from the company’s Falcon line to support Australia’s Joint …

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Seagate to Buy Xyratex, Operate Enterprise Data Storage & Computing Tech as Standalone Entitity; Dave Mosley Comments

Seagate has agreed to a deal to acquire Xyratex in an effort to strengthen the supply and manufacturing chain for the hard disk drives it produces, the two companies said in a joint release Monday. Xyratex creates testing systems for hard disk drives (HDD), and Dave Mosley, president of operations …

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OPM and SBA Pick Up New CIOs in Donna Seymour and Renee Macklin

Renee Macklin has been named the new chief information officer of the Small Business Administration, Federal News Radio reports. Macklin joins SBA from the Commerce Department’s International Trade Administration. Jason Miller writes that her predecessor Chase Garwood will return to the Department of Homeland Security as part of the Science and Technology …

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Iraq Turns to Boeing Reconnaissance Drones and Lockheed Missiles in Fight Against Insurgents

The U.S. government will send reconnaissance drones from Boeing‘s (NYSE: BA) Insitu business and Lockheed Martin-built missiles (NYSE: LMT) to the Iraqi government to help it combat insurgents there, DoD Buzz reported Thursday. Brendan McGarry writes Iraq will obtain 75 AGM-114 Hellfire air-to-ground missiles worth approximately $70, 000 each and 10 …

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Kelly Ortberg: ARINC Deal to Expand Rockwell Collins’ Opportunities in Airport Info Systems, Transportation, Security

Rockwell Collins (NYSE: COL) has finalized a move to beef up its portfolio of information management solutions as it completed its acquisition of ARINC for $1.4 billion. Cedar Rapids, Ia.-based Rockwell Collins announced the closure Monday, several months after Reuters reported Carlyle Group was preparing the sale of Annapolis, Md.-based …

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Ret. Maj. Gen. Charles Lyon to Lead Northrop’s Hampton Business, Represent Company to Joint and Air Force Commands in U.S., Europe

Charles W. Lyon has been appointed as the new corporate lead executive for Northrop Grumman‘s (NYSE: NOC) Hampton, Va. business, where he will represent the the Falls Church, Va.-based contractor’s company to customers in its ‘eastern’ region, the company announced Dec. 23. Lyon, who comes out from retirement from the Air Force after …

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Report: Booz & Co. Partners Approve Merger with PwC, to Be One of Largest Accounting M&A Deals of Past Decade; Cesare Mainardi Comments

Partners at Booz & Company have “overwhelmingly” approved the company’s merger with PwC in what the Wall Street Journal reports will be one of the largest M&A deals closed by an accounting firm in the past decade. Booz & Co. said the companies anticipate finalizing the deal in the first …

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NASA, Air Force Look to Ball Aerospace and Aerojet in ‘Green’ Satellite Fuel Push; Chris McLean Comments

Ball Aerospace and Aerojet Rocketdyne are working with the U.S. Air Force and NASA in an effort to use an environmentally friendly propellant for launch vehicles and spacecraft, Satellite Today reported Dec. 23. Caleb Henry writes the ‘Green Propellant Infusion Mission” will have its first space test in 2015, “scheduled …

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Engility Strikes Cash Deal to Buy Dynamics Research Corp.; Tony Smeraglinolo Comments

Engility Holdings Inc. (NYSE: EGL) has agreed to acquire consulting firm Dynamics Research Corp. (NASDAQ: DRCO) in an effort to gain new customers and contracts, grow scale and diversify its service offerings. Both companies’ board of directors have signed off on the deal for Engility to buy all of DRC’s …

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CIO Rebecca Rhoads Adds Global Business Services President Role at Raytheon; William Swanson Comments

Rebecca Rhoads,  chief information officer and a vice president at Raytheon Co. (NYSE: RTN), has added the role of president of Raytheon’s global business services group. Rhoads will oversee related Raytheon operations across supply chain management, finance, information technology, human resources and advanced media services,  Raytheon said Friday. Rhaods will be …

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