CSC (NYSE:CSC) has transitioned Federal Aviation Administration (FAA) servers and support systems from the FAA Air Traffic Control System Command Center in Herndon, Va., over to the William J. Hughes Technical Center in Atlantic City, N.J. The move comes as part of a larger FAA plan to overhaul traffic-flow management. According to the firm, “CSC [...]
Pragmatics has named Max Hall and Stephen Hughes to leadership positions. Hall has been named chief operating officer, while Hughes will take on the role of chief financial officer. “As we position Pragmatics for continued corporate growth and significant expansion, we are taking steps to ensure that our executive team possesses the vision and expertise [...]
SAIC (NYSE: SAI) produced a torrent of news today, with a contract win, an acquisition and a financial announcement. First, the firm won a task order from the Department of Homeland Security (DHS), Federal Emergency Management Agency (FEMA), National Exercise Division (NED) to design and support national level exercises to evaluate catastrophic earthquake preparedness. According [...]
Harris Corporation (NYSE:HRS) finalized its planned acquisition of CapRock Communications. The privately-held firm was purchased for $525 million in cash, subject to post-closing adjustments. Private equity firm ABRY Partners was the firm’s majority owner. CapRock CEO Peter Shaper will remain on to serve as president of the business, functioning as a wholly-owned subsidiary of Harris [...]
Northrop Grumman (NYSE:NOC) reported that second quarter 2010 earnings posted an increase, signaling continued prosperity for the firm. “Overall, we’re pleased with our second quarter results,” CEO Wes Bush said. “Our focus on performance improvement is generating positive results across all our businesses. Aerospace, Electronics, Information Systems and Technical Services each generated solid operating income growth. [...]
ManTech (NASDAQ:MANT) CEO George Pedersen will assume presidential duties at the firm on an interim basis, following the resignation of president and COO Larry Prior. According to the firm, “ManTech’s three current operating group presidents will assume the chief operating officer duties for their respective operations.” “We have an energetic and experienced leadership team that [...]
Boeing (NYSE: BA) reports that Illinois would see an estimated 1,100 total jobs and generate an estimated $57 million in annual economic impact if the Boeing NewGen Tanker bid is successful. The $35 billion contract is expected to be awarded this fall. “Boeing’s NewGen Tanker would support more than 200 jobs at Hamilton Sundstrand in [...]
