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Tag Archives: govcon

Navy Vet David Buss to Lead Cubic Defense Business Strategy

David Buss, a retired U.S. Navy vice admiral and former commander of Naval Air Forces, has joined Cubic (NYSE: CUB) as vice president of business strategy for the company’s global defense unit. Cubic said Wednesday the 36-year Navy veteran will also serve as deputy to Bill Toti, Cubic’s global defense segment president, …

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Former DCAA Chief Patrick Fitzgerald Joins Baker Tilly’s GovCon Advisory Practice; Tony Fuller Comments

Patrick Fitzgerald, a former director of the Defense Contract Audit Agency, has joined Baker Tilly Virchow Krause’s government contractor advisory services practice. Baker Tilly said Wednesday Fitzgerald brings more than three decades of government contracting, financial management and acquisition planning experience to the accounting firm’s GovCon practice. Tony Fuller, government contractor …

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Informatica Stockholders OK Acquisition Offer From Permira, CPP Investment Board

Informatica‘s (Nasdaq: INFA) stockholders have voted to accept an offer to acquire the company by Permira and the Canada Pension Plan Investment Board. The data integration software provider said Tuesday the acquisition is scheduled to close within the third quarter of the company’s current fiscal year. Permira and the CPP Investment Board offered to purchase Informatica …

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Schafer Awarded DARPA-Navy Weapon Development Support Contract; Denise Kellogg Comments

Schafer Corp. has received a five-year, $23.5 million contract to assist in a Defense Advanced Research Projects Agency–U.S. Navy joint weapon systems development effort. Schafer said Tuesday the company would work to integrate, test and deploy the DARPA-Navy Long Range Anti-Ship Missile. Denise Kellogg, Schafer’s vice president for science and …

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Dennis Muilenberg to Succeed Jim McNerney as Boeing CEO

Dennis Muilenberg, vice chairman, president and chief operating officer at Boeing (NYSE: BA) for the past two years, has been elected by the company’s board of directors to succeed the retiring CEO Jim McNerney on July 1. Boeing said Tuesday that McNerney, 65, will continue to serve as chairman of …

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DigiCert Buys CyberTrust Enterprise Business of Verizon; Mike Denning, Nicholas Hales Comment

DigiCert has acquired Verizon Enterprise’s (NYSE:VZ) CyberTrust Enterprise SSL business for an undisclosed amount. The company will take over Verizon’s trusted roots and intermediate certificates while Verizon will remain as DigiCert’s reseller of SSL certificates, DigiCert said Tuesday. Mike Denning, vice president of global security at Verizon Enterprise Solutions, said …

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June 23 Market Close: GovCon Index Treads Down, Investors Eye Greece Talks’ Progress

The GovCon Index hit a slight setback from the previous day’s jump to record a loss of 0.103 points and close at 77.047 Tuesday. U.S. stocks traded mostly in neutral territory Tuesday as investors continued to watch negotiations between Greece and its Eurozone creditors on a bailout agreement to avoid bankruptcy …

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Sogeti Taps IBM Bluemix for Hybrid Cloud Offering

TYSONS CORNER, VA June 23, 2015 — Executive Mosaic — Capgemini company Sogeti has forged an IBM (NYSE: IBM) partnership to build its hybrid cloud products using IBM’s Bluemix cloud platform, ExecutiveBiz reported Monday. “Many [of our clients] are still hesitating to make such a transition [to the cloud] due to …

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Former Cisco Exec Frank Calderoni Joins Red Hat as CFO, EVP for Operations

TYSONS CORNER, VA June 23, 2015 — Executive Mosaic — GovCon Executive reported Monday on Frank Calderoni joining Red Hat (NYSE: RHT) as its new chief financial officer and executive vice president of operations. Prior to his appointment, Calderoni served as executive adviser, EVP and CFO at Cisco Systems for …

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Lockheed Awarded $62M Modification to Maintain Aegis Test Sites

TYSONS CORNER, VA June 23, 2015 — Executive Mosaic — Lockheed Martin (NYSE: LMT) will continue to manage missile engineering and testing facilities for the U.S. Navy under a $61.8 million modification, ExecutiveBiz reported Monday. The contract activates the option from a previous award to provide operation and maintenance for Aegis …

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