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Tag Archives: m&a

Greg Hayes: UTC, Raytheon Want ‘Platform Agnostic’ Tech Portfolio for Future Combined Firm

Greg Hayes, chairman and CEO of United Technologies Corp. (NYSE: UTC), has said that both UTC and Raytheon (NYSE: RTN) agreed on implementing a "platform agnostic" approach for technology offerings of the future merged company. The two contractors signed an all-stock deal that will create a systems provider across aerospace and defense segments.

 

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Bill Weber: Upcoming $815M KeyW-Jacobs Combination Built on Growth Strategy, Organizational Fit

TYSONS CORNER, VA, May 1, 2019 — Bill Weber, president and CEO of KeyW (Nasdaq: KEYW), indicated the company’s planned $815M merger with Jacobs Engineering Group (NYSE: JEC) is in line with its effort to deploy capital in support of growth initiatives, ExecutiveGov reported April 22. “In Jacob Engineering, we …

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GDIT’s Yogesh Khanna Outlines Increased Collaboration, Integration a Year After CSRA Deal

TYSONS CORNER, VA, April 22, 2019 — Yogesh Khanna, senior vice president and chief technology officer of General Dynamics‘ (NYSE: GD) information technology business, said the company’s acquisition of CSRA in 2018 has advanced a culture of collaboration and “cross pollination” potential among the former’s market-facing divisions, ExecutiveBiz reported April …

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Applied Insight Strengthens Leadership Team and Moves HQ to Tysons, John Hynes Quoted

Applied Insight announced on Thursday that it is moving its headquarters from Ashburn, Va. to Tysons Corner, Va. and made changes to strengthen its leadership team. Mehdi Cherqaoui will serve as chief financial officer in a company that focuses on analytics, cloud and mission IT for federal government clients. He …

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DynCorp’s George Krivo Eyes Organic Growth, Market Consolidation, Army Contract Opportunities

TYSONS CORNER, VA, April 1, 2019 — George Krivo, CEO of DynCorp International, said the company is working to continue building on its core business to drive further organic growth, as well as play a key role in a potential consolidation of the defense services market through mergers and acquisitions. …

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SAIC’s Nazzic Keene Points to Company Strategy Toward Profitable Organic Growth

TYSONS CORNER, VA, March 28, 2019 — Nazzic Keene, chief operating officer of Science Applications International Corp. (NYSE: SAIC), said the company aims to continue its diversification strategy in order to facilitate continued “profitable” organic growth over the next years, ExecutiveBiz reported March 18. Keene, who is in line to …

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CACI’s Ken Asbury Outlines Shift From Services to Technology in Push to Support US Military

TYSONS CORNER, VA, March 22, 2019 — CACI International (NYSE: CACI) is putting more focus on its technology and product offerings in a shift from staff augmentation services as it seeks to build on the U.S. military’s drive to gain advantage over near-peer competitors, ExecutiveBiz reported March 10. Ken Asbury, …

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Leidos’ James Reagan Talks ‘Products’ Companies as Potential Acquisition Targets

TYSONS CORNER, VA, February 26, 2019 — James Reagan, executive vice president and chief financial officer of Leidos (NYSE: LDOS), has indicated during a recent earnings call that the company is more interested in potential acquisitions of products companies rather than those that offer services only, ExecutiveBiz reported Wednesday. Reagan, …

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Cloudera’s Shaun Bierweiler Outlines Vision for New Company After Hortonworks Merger

TYSONS CORNER, VA, February 13, 2019 — Shaun Bierweiler, vice president and general manager of Cloudera‘s (NYSE: CLDR) U.S. public sector business, has said the company resulting from the recently completed merger between Cloudera and Hortonworks will work to develop a “cloud-native, open source unified platform” designed to extract actionable …

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