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Tag Archives: investment

Lockheed Martin Launches New Facility to Drive UK Cybersecurity Efforts

TYSONS CORNER, VA, July 17, 2017 — Lockheed Martin (NYSE: LMT) has unveiled a new $3.9 million cybersecurity hub in the U.K. that will work to supplement cyber-related technology development and collaboration efforts in the country, ExecutiveBiz reported Friday. The company said Thursday the Cyber Works center in Gloucester seeks to …

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BAE Awards Contracts to 14 Suppliers for UK Type 26 Combat Ship Program

TYSONS CORNER, VA, July 14, 2017 — BAE Systems has selected 14 companies to provide manufacturing materials and other components to support the production of three vessels under the Type 26 Global Combat Ship program in the U.K., ExecutiveBiz reported Thursday. The company said Wednesday the contracts to the chosen companies located both …

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In-Q-Tel Investment to Support Kailos Genetics’ Next-Gen Sequencing Efforts

TYSONS CORNER, VA, July 13, 2017 — In-Q-Tel has entered into a strategic partnership with biotechnology company Kailos Genetics in efforts to advance the latter’s sequencing technologies for potential applications in intelligence operations, ExecutiveBiz reported Wednesday. Kailos said Tuesday the In-Q-Tel investment will help it continue the development of tools to support assays …

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In-Q-Tel Places Investment in Evident.io Tech for Cloud Security, Compliance Automation

TYSONS CORNER, VA, June 5, 2017 — In-Q-Tel will invest in a compliance automation and security platform built by Evident.io as part of a strategic partnership to support further development of the technology, ExecutiveBiz reported Friday. Evident.io said Thursday its Evident Security Platform will work to help intelligence agencies securely move their information technology …

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In-Q-Tel, Microsoft Invest in Cloud App Delivery Platform Developer

TYSONS CORNER, VA, May 23, 2017 — In-Q-Tel and Microsoft (Nasdaq: MSFT) are among the investors that participated in a $16 million funding round for cloud application delivery company Frame, ExecutiveBiz reported Monday. IQT said Wednesday Frame aims to utilize the funds to support further development of its cloud-native application delivery platform and …

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In-Q-Tel Places Investment to Help Develop Decision Management Tech for IC

TYSONS CORNER, VA, May 18, 2017 — In-Q-Tel will invest in Colorado-based technology firm Ombud in efforts to advance the latter’s cloud-based decision management tool for potential applications in the intelligence community, ExecutiveBiz reported Wednesday. IQT said Tuesday the strategic partnership agreement seeks to utilize the Ombud platform to facilitate knowledge collaboration, deep …

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Northrop Grumman to Invest in Future Military Electronics Sustainment Facility in Australia

TYSONS CORNER, VA, May 16, 2017 — Northrop Grumman (NYSE: NOC) will invest $37.2 million to help establish a defense electronics maintenance and sustainment center in Australia to support the country’s military, ExecutiveBiz reported Monday. The company said Monday the future Electronic Sustainment Center of Excellence in western Sydney will work to sustain the …

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McAfee Relaunches as Independent Security Company

McAfee has officially launched as a stand-alone cybersecurity firm after Intel (Nasdaq: INTC) completed the spinoff of the latter’s security business through an approximately $4.2 billion deal with private equity firm TPG. Chris Young, a senior vice president and general manager at Intel, will serve as CEO of McAfee and Bryan Taylor, a partner …

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Intelsat Buys Equity Stake in Kymeta; Stephen Spengler Joins Antenna Manufacturer’s Board

Intelsat has purchased an equity stake in satellite communications antenna manufacturer Kymeta following joint efforts to develop the Kalo satellite services and mTenna antenna technology. The satellite operator said Tuesday the transaction comes with the appointment of Intelsat CEO Stephen Spengler into Kymeta’s board of directors. “The demand for fast, reliable broadband connectivity requires innovation …

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Australian Fleet of Boeing-Built Growlers to Get Funds for New Jammer, Radar

TYSONS CORNER, VA, March 2, 2017 — Australia’s fleet of Boeing-built (NYSE: BA) EA-18G Growler aircraft will potentially receive new radio jammers and radar systems through the country’s planned $191.6 million investment on the technology, ExecutiveBiz reported Wednesday. The Australian defense department said Wednesday Marise Payne, the defense minister, made the comments as the country marked …

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