Tag Archives: restructuring

Constellis Reports Key Contract Wins; Tim Reardon Quoted

Tim Reardon CEO Constellis

Constellis has won several contracts since its restructuring in late March. Key contract wins include a $198M task order to provide security operations support for the Department of Defense at Camp Buehring and Camp Arifjan in Kuwait; a $75M contract for security, counterterrorism, fire protection and mail room services at the Lake City Army Ammunition Plant in Missouri; and a $33M contract with the Department of Homeland Security’s Federal Protective Service for work at the St. Elizabeths campus in Washington, D.C.

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WSP to Buy Louis Berger for $400M; Alexandre L’Heureux, Jim Stamatis Comment

Canada-based WSP Global has agreed to acquire Louis Berger for approximately $400 million in an effort to expand its footprint in continental Europe and leverage the Morristown, N.J.-based professional services firm’s expertise in water, transportation, environment and master planning. Alexandre L’Heureux, WSP president and CEO, said in a statement published Monday …

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George Krivo: DynCorp Eyes Continued Organic Growth in Core Markets

TYSONS CORNER, VA, April 3, 2018 — George Krivo, CEO of DynCorp International, has said the company is seeing opportunity for continued top- and bottom-line growth amid the current fiscal environment and the “attractiveness” of the company’s core logistics and aviation markets. He told ExecutiveBiz in an interview published March …

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Battelle Takes Direct Control of SeeByte Subsidiary’s US Arm

TYSONS CORNER, VA, July 24, 2017 — Battelle has realigned the San Diego-based U.S. business of its SeeByte subsidiary under its direct management in efforts to drive greater collaboration with U.S. government clients on unmanned underwater systems, ExecutiveBiz reported Friday. The move also works to address concerns over foreign ownership, influence …

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Financial Times: Finmeccanica Halts DRS Sale Plan

Finmeccanica no longer plans to sell its DRS Technologies subsidiary as the Italian defense and industrial conglomerate holds a positive outlook in the defense sector for the rest of this year, Financial Times reported Sunday. Peggy Hollinger writes Finmeccanica also is not searching for a U.S. partner to purchase a stake in DRS but …

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Ed Sheehan: CTC Forms 3 New Operating Groups

Concurrent Technologies Corp. has moved to build up its customer services and core offerings by introducing a new operating structure and business approach. Ed Sheehan, president and CEO of CTC, said Monday the nonprofit organization has formed the engineering, technology and services groups in an effort to sustain business relationships …

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Mike Delaney: Boeing Restructures Engineering Operations

Boeing (NYSE: BA) has moved to realign its engineering operations by integrating customer services into its commercial airplane design center in Southern California. Mike Delaney, vice president of engineering at Boeing Commercial Airplanes, said Thursday the company aims for the restructure to help grow the business, manage risks and meet customer …

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