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Tag Archives: program management

Jacobs Strikes $300M Cash Deal for Wood’s Nuclear Business; Steve Demetriou Quoted

Jacobs Engineering Group (NYSE: JEC) has agreed to acquire John Wood Group's nuclear business for approximately $300M in cash in an effort to expand its nuclear lifecycle offerings with the addition of technical consulting services and decommissioning capabilities.

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Virginia Chamber of Commerce Recognizes ACT I on “Fantastic 50” List; ACT I CEO Michael Niggel Quoted

Advanced Concepts and Technologies International (ACT 1) announced on Tuesday that the Virginia Chamber of Commerce recognized ACT I as one of the fifty fastest growing companies in Virginia in 2019 with the 24th position on the “Fantastic 50” list.  “It is an honor for ACT I to be recognized …

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Kenneth Possenriede to Succeed Bruce Tanner as Lockheed EVP, CFO; Marillyn Hewson Quoted

Kenneth Possenriede, a more than 30-year Lockheed Martin (NYSE: LMT) veteran, has been named executive vice president and chief financial officer of the company in a move that will take effect Feb. 11. He will succeed the retiring Bruce Tanner, a 37-year company executive who served as CFO for more …

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Millennium Lands Spot on $960M Navy Contract for Program Management

Millennium has been selected to compete for task orders under an existing $960M multiple-award, indefinite-delivery/indefinite-quantity contract for program management services supporting the Naval Air Systems Command. The Virginia-based company will join other firms to plan, implement, coordinate, integrate and evaluate strategies, programs and administrative approaches for NAVAIR, the Defense Department …

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