Tag: Spinoff

Australia’s Defense Dept Awards $419M Contract to Leidos Subsidiary for IT Products,  ServicesContract Awards

Australia’s Defense Dept Awards $419M Contract to Leidos Subsidiary for IT Products, Services

Leidos‘ (NYSE: LDOS) Abacus Innovations Australia subsidiary has secured an estimated $418.7 contract from Australia’s defense department to provide computer equipment and accessories
HPE to Merge Non-Core Software Assets With Micro Focus in $8.8B Deal; Meg Whitman CommentsM&A Activity

HPE to Merge Non-Core Software Assets With Micro Focus in $8.8B Deal; Meg Whitman Comments

Hewlett Packard Enterprise (NYSE: HPE) has announced plans to merge its non-core software assets with global enterprise software firm Micro Focus under an
Vectrus Lifts 2016 Earnings,  Revenue GuidanceFinancial Report

Vectrus Lifts 2016 Earnings, Revenue Guidance

Vectrus (NYSE: VEC) has lifted full-year earnings and revenue guidance on improved outlooks in cash flow for the 2016 second
Mike Lawrie to Step Down as CSRA Board Chairman in August Ahead of CSC-HPE Enterprise Segment CombinationExecutive Moves

Mike Lawrie to Step Down as CSRA Board Chairman in August Ahead of CSC-HPE Enterprise Segment Combination

Computer Sciences Corp. (NYSE: CSC) CEO Mike Lawrie said Thursday he will step down from his roles as chairman and
Huntington Ingalls FY 2015,  4Q Earnings Below Wall Street Outlook; Full-Year Margin Hits Post-Northrop Spin GoalFinancial Report

Huntington Ingalls FY 2015, 4Q Earnings Below Wall Street Outlook; Full-Year Margin Hits Post-Northrop Spin Goal

Huntington Ingalls Industries (NYSE: HII) — one of 30 companies listed in Executive Mosaic’s GovCon Index — has reported earnings
Economic Times: Tata Consultancy Services Resumes Talks Over Acquisition of Dell’s IT BusinessM&A Activity

Economic Times: Tata Consultancy Services Resumes Talks Over Acquisition of Dell’s IT Business

Tata Consultancy Services, an India-based information technology consulting firm, has resumed negotiations over its plans to acquire IT services provider
WSJ: Dell in Advanced Talks for Potential $50B EMC Buy,  VMware SpinoffM&A Activity

WSJ: Dell in Advanced Talks for Potential $50B EMC Buy, VMware Spinoff

Dell and its private equity parent firm Silver Lake are currently in advanced negotiations to buy EMC (NYSE: EMC) and spin off the VMware
CSC US Gov’t Services Unit,  SRA to Merge; Mike Lawrie CommentsM&A Activity

CSC US Gov’t Services Unit, SRA to Merge; Mike Lawrie Comments

Falls Church, Va.-based Computer Sciences Corp. (NYSE: CSC) has agreed to merge its U.S. government services unit with SRA International as part of
WSJ: L-3 Eyes Potential Separation of Nat’l Security BusinessFinancial Report

WSJ: L-3 Eyes Potential Separation of Nat’l Security Business

L-3 Communications (NYSE: LLL) is looking into a potential separation of its national security solutions business that offers cybersecurity services to
Reuters: Lockheed,  Textron Final Bidders for UTC’s Sikorsky Helicopter ArmM&A Activity

Reuters: Lockheed, Textron Final Bidders for UTC’s Sikorsky Helicopter Arm

United Technologies (NYSE: UTX) is mulling offers from Lockheed Martin (NYSE: LMT) and Textron (NYSE: TXT) to purchase UTC’s Sikorsky Aircraft subsidiary,