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Tag Archives: KKR

SAIC Board to Add Engility Directors David Kerko & Katharina McFarland

TYSONS CORNER, VA, December 6, 2018 — Science Applications International Corp. (NYSE: SAIC) has lined up Engility (NYSE: EGL) Board Members David Kerko and Katharina McFarland to join its own board of directors once the companies’ $2.5B acquisition deal is finalized next year, ExecutiveBiz reported Wednesday. SAIC said Tuesday the appointment …

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Randy Phillips Named Leidos Corporate Dev’t SVP; James Reagan Comments

Randy Phillips, senior vice president for corporate development at Ellucian, has joined Leidos (NYSE: LDOS) in the same capacity. He will oversee Leidos’ strategic growth and development efforts through mergers and acquisitions, the company said Monday. “Phillips has been guiding transactions in our sector for many years, helping to define …

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Motorola Solutions Eyes 911 Software Portfolio Expansion Via Airbus DS Communications Purchase

Motorola Solutions (NYSE: MSI) has agreed to buy Airbus’ communications business through the acquisition of the latter’s Plant Holdings subsidiary for an undisclosed sum in a push to expand 911 software offerings. Airbus DS Communications operates under Plant Holdings and provides command center software platforms that work to field emergency calls, Motorola …

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Weekly Roundup February 27 – March 3 2017: The Potomac Officers Club Hosts A Successful 4th Annual Intel Summit & More

Weekly Roundup February 27 – March 3 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson The Potomac Officers Club (POC) hosted its 4th Annual Intel Summit this past Wednesday morning at the Ritz-Carlton Tysons Corner featuring a keynote address from Robert …

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KKR Completes $1.2B Buy of Airbus Defense Electronics Business

Global investment firm Kohlberg Kravis Roberts & Co. (NYSE: KKR) has concluded its approximately $1.2 billion purchase of the defense electronics business of Airbus Group. France-based Airbus first announced the transaction in March 2016 as part of the company’s defense and space portfolio reorganization. Airbus said Tuesday it will maintain a 25.1 percent minority …

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Weekly Roundup Mar. 21 – Mar. 24 2016: NIST-Backed Cyber Council Adds New Private Sector Leader & more

Mar. 21 – Mar. 24 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson A White House-mandated cybersecurity organization created to combine knowledge and experience from the public and private sectors added a new leader this week whose background includes stops on both sides. …

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KKR to Purchase Airbus’ Defense Electronics Business for $1.24B

New York City-based private equity firm Kohlberg Kravis Roberts & Co. L.P. (NYSE: KKR) has agreed to acquire the defense electronics business of global aerospace and defense contractor Airbus Group for approximately $1.24 billion. Airbus said Friday the transaction is scheduled to close in the first quarter of 2017 and that it may control a …

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