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Tag Archives: featured

State Taps Parsons for Disaster Recovery Bridge Project Two Years Post-Irene; Garry Higdem Comments

Parsons will build the planned Pea Island Bridge in Dare County, N.C. under a $79.6 million contract with the North Carolina Department of Transportation, the company said Thursday. “Parsons is excited to be chosen by NCDOT to construct this important project, ” said Garry Higdem, a Parsons group president, noting …

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Raytheon to Help BAE Refresh South Korea F-16 Radars; Jim Hvizd Comments

BAE Systems and Raytheon (NYSE: RTN) have signed a contract that calls for Raytheon to supply an integrated tactical radar and electronic warfare system to BAE, the prime contractor for the South Korea F-16 modernization program. Raytheon will provide its Advanced Combat Radar, ALR-69A digital warning receiver, weapon technology and …

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Raytheon Wins $1.3B Oman Missile Sale

Raytheon (NYSE: RTN) has been awarded a $1.28 billion contract to provide a ground-based air defense system to Oman under a direct commercial sale transaction. The order was booked during the fourth quarter of 2013 and includes training, support equipment and technical services, Raytheon said Thursday. Raytheon has partnered with …

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Qualcomm Buys Several Thousand Granted and Pending Patents from HP

Qualcomm (NASDAQ: QCOM) has purchased 1, 400 granted patents and pending patent applications in the U.S. from Hewlett-Packard for an undisclosed amount. The purchase also includes 1, 000 granted patents and pending patent applications from other countries and covers technologies such as the Palm, IPAQ and Bitfone mobile operating systems, Qualcomm said Thursday. Qualcomm …

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Phil Nolan Joins Capgemini Government Solutions’ Board of Directors; Tim Bridges Comments

Phil Nolan, chairman and CEO at Galeos Group, has been appointed to the board of directors at Capgemini Government Solutions where he will serve as an outside director, Capgemini said Thursday. He joined McLean, Va.-based Galeos Group in 2012 and was chairman, president and CEO of Stanley Inc. prior to Galeos. Tim Bridges, CEO …

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Honeywell Picked For $61M Rock Island Arsenal Energy Savings Program; Col. David Luders Comments

Honeywell (NYSE: HON) has won a contract to help the U.S. Army implement energy conservation measures at the Rock Island Arsenal Joint Manufacturing Technology Center in Illinois. The Army aims to save up to $5.3 million in energy and operational costs under the 20-year energy performance savings contract, Honeywell said Wednesday. …

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Exelis Wins $32M For Coast Guard Surveillance Radars, Technical Services; Pete Martin Comments

Exelis (NYSE: XLS) has won a potential five-year, $32 million contract to supply the U.S. Coast Guard with radar systems for maritime surveillance, counterterrorism and drug interdiction missions. The company will provide AN/PY-11 multimode radars, support equipment, spares and technical services to the Coast Guard under the indefinite-delivery/indefinite-quantity contract, Exelis …

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Deborah DiSanzo: New Royal Philips Arm to Focus on Healthcare Informatics Services

Royal Philips (NYSE: PHG) has formed a healthcare informatics services business unit to provide clinical programs, data analytics and cloud-based platforms to hospitals and health systems. Jeroen Tas, formerly chief information officer of Philips, will lead the new business and the group will operate within Philips’ healthcare sector, Philips said …

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Intel Board OKs 22-Cent Dividend

The board of directors at Intel (NASDAQ: INTC) has declared a quarterly dividend of 22.5 cents per share on the computing chip maker’s common stock. Shareholders of record as of Feb. 7 will receive the dividend on March 1 and the payment is 90 cents per share on an annual …

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CAE to Build UAS Trainer Simulator for Italy’s Air Force; Gene Colabatistto Comments

CAE (NYSE: CAE) has been selected to develop an unmanned aerial system trainer that works to simulate General Atomics-built unmanned aircraft for Italy’s air force. Pilots and sensor operators of the General Atomics-built Predator will use the CAE UAS mission trainer during initial and mission training, CAE said Tuesday. “CAE has a …

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