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Tag Archives: TCS

Executive Mosaic’s Weekly GovCon Round-Up: L3 Technologies’ M&A Activity & Top 10 Stories

Weekly Roundup July 16 – July 20, 2018 Click here to see Real-Time GovCon Sector Quotes Executive Mosaic’s Weekly GovCon Round-Up: L3 Technologies’ M&A Activity & Top 10 Stories Jim Garrettson, Executive Mosaic CEO       L3 Technologies Enjoys Strong M&A Activity in July This week, I’d like to highlight L3 Technologies which has engaged in …

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Christopher Kubasik: L3 to Continue Investment Strategy After Vertex Aerospace Business Sale

New York-based investment firm American Industrial Partners has closed its purchase of Vertex Aerospace businesses from L3 Technologies (NYSE: LLL) for approximately $540 million in cash. The transaction initially announced in May is subject to customary adjustments and covers the acquisition of L3’s TCS and Crestview Aerospace business units that operate under the technology contractor’s aerospace …

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Executive Mosaic’s Weekly GovCon Round-Up: Wash100 GCW Reader’s Choice Awardees, Recent M&A Activity and Top 10 Stories

The Week’s Top GovCon News Stories View this email in your browser Weekly Roundup April 30 – May 4, 2018 Click here to see Real-Time GovCon Sector Quotes Executive Mosaic’s Weekly GovCon Round-Up: Wash100 GCW Reader’s Choice Awardees, Recent M&A Activity and Top 10 Stories Jim Garrettson, Executive Mosaic CEO Wash100: GCW …

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American Industrial Partners to Buy L3’s Vertex Aerospace Business Through $540M Cash Deal

New York-based private equity firm American Industrial Partners has agreed to buy Vertex Aerospace business from L3 Technologies (NYSE: LLL) for approximately $540 million in cash. The transaction includes the acquisition of L3’s TCS and Crestview Aerospace business units that operate under the technology contractor’s aerospace systems segment and both companies …

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Comtech Board Chair Fred Kornberg Returns to CEO Post, Northrop & Harris Vet Michael Galletti Named COO

Comtech Telecommunications (Nasdaq: CMTL) has undergone a series of executive and organizational changes that include the appointment of Board Chairman Fred Kornberg to the CEO and president roles he served in between 1976 and 2015. Comtech said Thursday former CEO and President Stanton Sloane will leave the company and also resign from his seat on the …

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Comtech Completes Estimated $431M Purchase of TCS; Stanton Sloane Comments

Comtech Telecommunications (Nasdaq: CMTL) has wrapped up its acquisition of TeleCommunication Systems for approximately $430.8 million in cash. TCS stockholders secured cash of $5.00 per share as the company’s common stock ceased trading on the Nasdaq Global Market at market close Tuesday following the completion of the purchase, Comtech said Tuesday. Comtech …

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TCS Expands Text-to-911 Public Safety Messaging Service Coverage

TYSONS CORNER, VA, February 22, 2016 — TeleCommunication Systems (Nasdaq: TSYS) has expanded the coverage of its text-to-911 public safety messaging service to at least 700 answering points across 38 U.S. states and territories, ExecutiveBiz reported Friday. TCS said Thursday it targets 100 million wireless subscribers to the service by mid-2016 as it …

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TCS-Intersec Partnership Eyes Larger Market for Location-Based Services

TYSONS CORNER, VA, February 3, 2016 — TeleCommunications Systems (Nasdaq: TSYS) and Intersec will provide location-based service platforms to a wider market through their recently formed strategic partnership, ExecutiveBiz reported Tuesday. TCS said Tuesday the partnership will work to deliver both companies’ core services such as crowd analytics, wireless emergency alerts, …

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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 Perot Systems from Dell, The Economic Times reported Monday. Anirban Sen and Jochelle Mendonca write Dell plans to sell Perot Systems for approximately $5 billion and has secured offers from …

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Comtech to Buy TeleCommunication Systems for $431M in US Govt Contract, Public Safety Expansion Push

Melville, New York-based Comtech Communications (Nasdaq: CMTL) has agreed to purchase Telecommunication Systems (Nasdaq: TSYS) for approximately $430.8 million cash in a deal aimed to create a company with a balanced footprint in both the U.S. government contracting and public safety markets. Comtech said Monday it expects to close the transaction by the end …

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