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Tag Archives: featured

Shelly Gotman to Head Lockheed’s Israel Tech Sector Managing Director

Shelly Gotman, a retired Israeli air force pilot, has joined Lockheed Martin (NYSE: LMT) as managing director of the company’s technology sector in Israel, the Jerusalem Post reported Wednesday. Yaakov Lappin writes the former F-16 pilot will work to help Lockheed capture new programs, collaborate with academic institutions in technological research …

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Chuck Harrington: Parsons Buys Delcan to Grow Transportation Business Line

Parsons has moved to expand its transportation market footprint by acquiring infrastructure engineering, management and technical services provider Delcan for an undisclosed sum. Delcan also supplies integrated system products to help customers manage railroad, highway, water, freight and intelligent transport projects, Parsons said Tuesday. Chuck Harrington, Parsons’ chairman and CEO, …

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Mark Owen, Former Air Force 1-Star General, Named Civergy CEO; Mark Gray Comments

Mark Owen, a retired U.S. Air Force brigadier general and formerly an executive vice president at Civergy, has been appointed CEO of the Landover, Md.-based contractor. The former U.S. Strategic Command policy and plans director and led work to integrate New West Technologies into Civergy following the latter company’s acquisition of New West in …

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Arotech Purchases UEC Electronics for $33M; Robert Ehrlich Comments

Arotech (NASDAQ: ARTX) has bought military and aerospace electrical systems manufacturer UEC Electronics through a $33 million cash and stock deal. The transaction price includes $25 million in cash, $4.82 million in stock and $5.5 million in performance-based earnouts, Arotech said Tuesday. UEC will operate within the battery and power systems …

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Dave Mosley: Seagate Targets Drive Test Market Demand with Xyratex Buy

Seagate Technology (NASDAQ: STX) has acquired data storage technology provider Xyratex (NASDAQ: XRTX) in a move to help customers fulfill test requirements for higher-capacity drives. Dave Mosley, president of operations and technology at Seagate, said Monday the company also intends for the Xyratex purchase to help streamline the supply and …

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Jeanne Usher Named Northrop Sperry Marine Managing Director

Jeanne Usher, formerly deputy managing director at Northrop Grumman‘s (NYSE: NOC) Sperry Marine unit, has been promoted to the managing director position following Alan Dix’s retirement. Northrop said Tuesday that Usher will oversee the U.K.-based business unit’s global commercial and defense programs and navigation product portfolio, which includes radars and compass systems. The appointment …

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Walter Batson: Camber Eyes Federal Growth Through Buy of Avaya Gov’t IT Services Arm

Camber Corp. has closed its acquisition of Avaya Government Solutions‘ information technology consulting services business. Financial terms of the deal were not disclosed and the transaction gives Camber access to new IT contract vehicles, Camber said Monday. Avaya Government Solutions holds positions on Alliant, Eagle II and U.S. Postal Service …

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Madison Dearborn, CoVant Finalize $200M LGS Innovations Purchase

A Madison Dearborn Partners and CoVant investor group has finalized its purchase of LGS Innovations from Alcatel-Lucent (NYSE: ALU) for $200 million. Alcatel-Lucent has sold LGS as part of an initiative to raise more than $1.4 billion by the end of 2015 through asset divestitures, Alcatel-Lucent said Tuesday. Half of the acquisition amount …

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Harris Corp. to Supply Int’l Customer With $82M Radio Comm Systems; Brendan O’Connell Comments

Harris Corp. (NYSE:HRS) will deliver wideband high-frequency and very-high-frequency radio communication systems worth $82 million for armed forces’ command-and-control capabilities on the battlefield. The international customer ordered handheld, man-portable, vehicular and base station Falcon III RF-7800H and RF-7800V radios for voice and data connectivity,  Harris said Tuesday. “The Harris solution allows headquarters staff to monitor and coordinate …

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James Peake: DISA Taps CGI Federal to Help Unify Military’s Cloud Security Controls

CGI Federal (NYSE: GIB) has obtained a provisional authorization from the Defense Information Systems Agency for the subsidiary’s cloud-based virtual machine services. DISA gave CGI Federal a provisional authority-to-operate approval to deliver cloud security offerings to defense organizations under the Federal Risk and Authorization Management Program, CGI said Monday. “CGI is …

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