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Tag Archives: tax reform

Lockheed to Funnel $460M Tax Reform Savings to R&D, Venture Fund, Employee Programs

TYSONS CORNER, VA, June 11, 2018 — Lockheed Martin (NYSE: LMT) aims to shift an estimated $460 million in savings the company said it generated through the recent U.S. tax reform law toward research and development as well as investments in technology startups, ExecutiveBiz reported Friday. The company said Thursday part …

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Lockheed Martin Ventures Eyes $100M in Tech Startup Investments

TYSONS CORNER, VA, June 8, 2018 — Lockheed Martin (NYSE: LMT) aims to utilize $100 million in savings the company says it generated through the U.S. tax reform to invest in technology startup companies via its venture capital arm, ExecutiveBiz reported Thursday. Defense News reported Wednesday that Chris Moran, head …

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PwC: Global Aerospace, Defense M&A Hit $72B in 2017

A new PwC report says the value of global mergers and acquisitions in the aerospace and defense sector reached $72 billion in 2017, exceeding the previous record of $67 billion set in 2015. PwC reported that A&D companies worldwide recorded 454 M&A transactions last year with an average deal size of $411 million. Significant …

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Boeing Commits to $300M Investment for Employee & Charitable Programs

TYSONS CORNER, VA, Dec. 22, 2017 — Boeing (NYSE: BA) has pledged a new $300 million investment in several initiatives for workforce development and charitable programs related to veterans, military personnel, education and local communities, GovCon Executive reported Thursday. The company said Wednesday the move aims to facilitate innovation and growth …

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Former H&R Block Exec Theresa Pattara Named Iron Mountain VP of North America Govt Affairs

Theresa Pattara, a former H&R Block (NYSE: HRB) senior director for public policy and advocacy, has joined Iron Mountain (NYSE: IRM) as vice president of North America government affairs with responsibility over the implementation of a company-wide government engagement strategy. Iron Mountain said Tuesday the 20-year public policy and compliance veteran will promote …

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