Tag Archives: intellectual property

The fiscal year 2020 National Defense Authorization Act that President Donald Trump signed into law on Dec. 20 contains three provisions that authorize changes to the defense procurement process and one of those concerns with intellectual property, Federal News Network reported Thursday.

Mark Testoni, CEO of SAP National Security Services and a 2019 Wash100 winner, told Global Defence Technology in an interview that he sees internet and cyber threat as one of the top national security concerns facing companies and countries.

Veritas Capital has generated $6.5B in capital commitments for its seventh fund in support of its strategy to invest in technology-focused companies that deliver products and services to government and commercial clients.

FLIR Systems (Nasdaq: FLIR) has purchased the intellectual property and tethered drone assets of Aria Insights for an undisclosed sum.

Parsons (NYSE: PSN) has agreed to buy radio frequency products developer QRC Technologies from private equity firm DC Capital Partners for approximately $215M in cash in a push to expand its portfolio of products in the RF and signals intelligence sector.

Parsons (NYSE: PSN) reported $904M in revenue for the first quarter of 2019, up 20 percent from the same period last year. The Pasadena, Calif.-based company said Tuesday it posted $1.2B in contract awards during the quarter with a total backlog of $8.6B and a book-to-bill ratio of 1.4x.

Jerry Hogge, former senior vice president of military and veteran health solutions at Leidos (NYSE: LDOS), has been appointed SVP of Mitre's public sector business. He will be responsible for business strategy, international programs, and sponsor engagement with the nonprofit's federally funded research and development centers for civilian agencies, Mitre said Monday.

Consulting firm McAleese & Associates has released a report on key takeaways from the speech of Ellen Lord, defense undersecretary for acquisition and sustainment, at an Atlantic Council event held Monday. Lord, a 2019 Wash100 recipient, called on the U.S. government to come up with a “whole-of-government” strategy to deploy a 5G network backed by …

TYSONS CORNER, VA, Nov. 28, 2017 — BAE Systems and the U.K. government are planning to transfer $1.1 billion in intellectual property from the Type 26 Global Combat Ship program to support Australia’s SEA 5000 effort if the company secures the tender for the future frigates, ExecutiveBiz reported Monday. The company said Thursday the proposed …

TYSONS CORNER, VA, Aug. 22, 2017 — Leidos (NYSE: LDOS) CEO Roger Krone has expressed his support for the administration’s move to grant the U.S. trade representative authority to call for a possible investigation into China’s trade practices and alleged theft of U.S. intellectual property, ExecutiveBiz reported Wednesday. “Safeguarding our intellectual property …