Tag Archives: reorganization

A federal bankruptcy court judge for the Southern District of New York has approved a reorganization plan clearing the sale of satellite company OneWeb to the U.K. government and Bharti Global, SpaceNews reported Thursday.

Science Applications International Corp. (NYSE: SAIC) will reorganize its business structure into two segments - defense and civilian business and national security and space business – effective Oct. 31, as part of efforts to advance growth priorities in digital engineering, space and digital transformation, among other areas. Bob Genter, currently executive vice president and general manager of SAIC’s civilian business, will serve as president of the defense and civilian sector while Michael LaRouche, EVP and GM of national security group, will oversee national security and space work as sector president.

The technical solutions division of Huntington Ingalls Industries (NYSE: HII) has combined its mission driven innovation solutions and fleet support groups to create the defense and federal solutions group as part of a realignment to achieve efficiencies in its support functions and better serve customers.

Airbus is restructuring its U.S. operations into a new business unit - Airbus U.S. Space and Defense - as part of a special security agreement with the U.S. government in an effort to further build up its presence in the space, defense and intelligence markets.

Matt Tait, president of mission solutions and services business group at ManTech International (Nasdaq: MANT), has been promoted to chief operating officer, effective July 1, as part of a business realignment effort.

SOS International has merged into a single group its intelligence solutions and defense information technology business units as part of a reorganization effort. Ed Bachl, formerly CEO and co-founder of Vykin, will oversee the newly combined defense and intelligence solutions group as senior vice president.

James Geurts, acquisition executive of the U.S. Navy and 2020 Wash100 Award recipient, has instructed the service branch to split the functions of its program executive officer for enterprise information systems into two new offices, Inside Defense reported Wednesday.

TYSONS CORNER, VA, February 21, 2019 — Lockheed Martin (NYSE: LMT) has created a new business unit that will focus on the delivery of an integrated portfolio of electronic warfare, cyber and signals intelligence capabilities to military customers, ExecutiveBiz reported Tuesday. C4ISRNet reported Tuesday that Deon Viergutz, who serves as the …

Gerry Fasano, an executive vice president and chief of business development and strategy at Leidos (NYSE: LDOS), has been named president of the company’s defense group in a move that takes effect Oct. 1, Inside Defense reported Wednesday. An internal memo obtained by the publication says the appointment is part …

Boeing (NYSE: BA) will set up two new divisions focused on missile and weapon systems and commercial derivatives aircraft within its defense, space and security business in a move that takes effect Monday, April 2, Defense One reported Thursday. The reorganization seeks to “refine our structure around our core markets, …