Tag Archives: IP

Honeywell (NYSE: HON) has purchased Ballard Unmanned Systems for an undisclosed sum as part of efforts to expand its portfolio of unmanned aerial systems and urban air mobility platforms.

COMSovereign Holding has agreed to purchase all the equity interests of Fastback Networks for approximately $14M as part of efforts to expand its portfolio of 5G and wireless backhaul technology offerings.

Xator, a Reston, Va.-based technology services contractor, has finalized its acquisition of InCadence Strategic Solutions for an undisclosed sum as part of efforts to expand its presence as a provider of national security, intelligence and C4ISR platforms to U.S. government agencies.

Executive Mosaic is honored to present Ellen Lord, undersecretary of defense for acquisition and sustainment, as an inductee into the 2020 edition of the Wash100 Award for ramping up efforts to secure the defense supply chain while also working to accelerate the Pentagon's procurement process. This marks Lord’s fourth Wash100 Award and third consecutive.

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.

Starboard Value, a New York-based investment adviser and a shareholder of AECOM (NYSE: ACM), has recommended three independent directors for appointment to AECOM’s board under a governance agreement. AECOM said Friday Peter Feld, a managing member of Starboard, and Robert Card, president of executive advisory services firm The Card Group, will immediately join its board, while Jacqueline Hinman, former chairman, president and CEO of CH2M Hill, will assume duties as a board member on Dec. 16.

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.

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.

Mercury Systems (Nasdaq: MRCY) has purchased Syntonic Microwave and The Athena Group for $46M combined to expand its radio frequency capabilities and further broaden its presence in security and electronic warfare markets. Mark Aslett, president and CEO of Mercury Systems, said in a statement published Thursday the acquisitions will help …