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Tag Archives: featured

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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LGS Innovations Sold to U.S. Investment Firms for $200M; Kevin Kelly Comments

Alcatel-Lucent (NYSE: ALU) has sold the company’s government technology subsidiary LGS Innovations to two U.S. investment firms for around $200 million in a move that will enable LGS to chase market and customer opportunities that it may not have been able to previously go after under Alcatel, LGS CEO Kevin …

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Jim DuBois Appointed Microsoft VP, CIO; Kevin Turner Comments

Jim DuBois, a two-decade veteran of Microsoft (NASDAQ: MSFT), has been promoted to corporate vice president and permanent chief information officer, effective Jan. 1. He will report to Chief Operating Officer Kevin Turner and lead the company’s team responsible for information technology programs, infrastructure, processes and service delivery, Microsoft said …

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Avaya to Help Suez Canal Authority Unify Comms System; Mohamed Hindy Comments

Avaya Inc. has been selected to connect the Suez Canal Authority’s communications system with a company platform in an effort to centralize the organization’s network and infrastructure. Suez Canal will move its communications ports into Avaya’s Aura Communication Manager system in order to consolidate the network with technology for finding …

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