Tag Archives: wall street journal

Bruce Tanner: Lockheed to Extend IT-Govt Services Business Review, Eyes Decision by March 2016

Lockheed Martin (NYSE: LMT) will delay a final decision on a spinoff or sale of a bulk of its information technology and government services businesses until the end of March in order to review offers from potential buyers, the company’s chief financial officer told investors Wednesday. Bruce Tanner told the Credit Suisse Industrials …

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Boeing Hoping for Foreign C-17 Sales

Boeing Co. (NYSE: BA) will slow C-17 aircraft production from 15 to 10 units per year due to decreased demand, the Wall Street Journal reports. The Globemaster was developed in the 1980s and has a payload of 169, 000 pounds. The military used the airlifter in Iraq and Afghanistan and …

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CSC Identifies Frontrunners for CEO Post as Michael Laphen Prepares to Retire

Computer Sciences Corp. (NYSE: CSC) has established a list of candidates to succeed Michael Laphen as the company’s chief executive, the Wall Street Journal has found. Laphen announced in October that he plans to retire by November 2012 after spending his entire professional career with the technology services contractor. He has served as CEO since …

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‘Fierce’ Competition for New NATO Cyberwar Contract; US Firms Eye Foreign MKTs

The North Atlantic Treaty Organization is collecting contract bids today from more than 300 companies across its 28 member nations to expand the alliance’s cybersecurity capabilities, the Wall Street Journal reported today. The initial award is for $42 million, but Daniel Michaels cited industry officials as saying a contract win …

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