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Jeremy Wensinger, James Winner, Robert Giannetta Join Executive Team at Former Harris IT Business

Jeremy Wensinger, James Winner and Robert Giannetta have been appointed to leadership positions at MHVC Acquisition Corp. — formerly known as the government information technology services business of Harris (NYSE: HRS). Investment firm Veritas Capital finalized its purchase of Harris IT Services for approximately $690 million in April and renamed the business MHVC Acquisition Corp. Herndon, …

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Jerald Howe to Succeed Vincent Maffeo as Leidos EVP, General Counsel; Roger Krone Comments

Jerald Howe Jr., formerly a partner at law firm Fried, Frank, Harris, Shriver & Jacobson, will join Leidos (NYSE: LDOS) as executive vice president and general counsel. The more than 30-year industry veteran will succeed Vincent Maffeo, who will continue to support Leidos as a consultant after he retires July 15, the company said Thursday. “Jerry …

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Kenneth Hunzeker Inducted into Wash100 for Transitional Leadership

Executive Mosaic, Tysons Corner, VA February 24, 2015 – Kenneth Hunzeker, president and CEO of Vectrus, has been inducted as one of this year’s Wash100 most influential leaders in GovCon for his transitional leadership role. The Wash100 is the premier group of private and public sector leaders selected by Executive Mosaic’s organizational and editorial …

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Frank Jimenez Joins Raytheon as General Counsel; Thomas Kennedy Comments

Frank Jimenez, formerly a general counsel, secretary and managing director at agribusiness firm Bunge, has been named general counsel at Raytheon (NYSE: RTN). He assumed the role Monday and succeeds Jay Stephens, who will retire from the company on March 31 after a 12-year career there, Raytheon said Friday. “In …

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ITT FY 2013 Revenue Up 12%; Denise Ramos Comments

ITT Corp. (NYSE: ITT) has announced financial results for both its fourth fiscal quarter and full 2013 fiscal year that ended Dec. 31, 2013. Full-year revenue grew 12 percent to $2.5 billion and fourth quarter revenue jumped 17 percent over the prior-year period to $646 million, ITT announced Friday. The …

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David Melcher Comments on Completed ITT Spinoffs

  ITT Corp. (NYSE: ITT) has completed its previously announced separation plan, retaining its core industrial offerings and spinning off its defense and information solution business into ITT Exelis and its water technology and services business into Xylem. Open trading of Exelis (NYSE: XLS) and Xylem (NYSE: XYL) shares will begin Tuesday. ITT Corp. …

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ITT Completes Acquisition of Global Water Analytics Firm YSI Inc.

ITT Systems Corp. (NYSE: ITT) has completed its acquisition of YSI Inc., a developer and manufacturer of sensors, instruments, software and data collection platforms for environmental water monitoring. ITT said the move forms a water-focused analytics business approximately $300 million annual revenue. YSI reported 2010 global revenues of $101 million. …

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ITT Wins $268M Army Modification to Support Troops and Equipment in Kuwait

The U.S. Army has awarded ITT Systems Corp. (NYSE: ITT), Colorado Springs, Colo., a $267, 918, 208 cost-plus-award-fee contract to provide base operations and security support services for troops and equipment moving through Kuwait. The award modifies an existing contract. The bid was solicited through the Internet, with five bids received. Work will …

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