CAE has agreed to buy the military training segment of L3Harris Technologies for approximately $1.05 billion in a strategy to access multiple programs aimed at preparing U.S. warfighters for aircraft and weapon system operations. Montreal-based CAE said Monday it expects to close the transaction in the second half of this year. Marc Parent, president and CEO of CAE, said the company aims to accelerate its growth strategy in the defense and security space through the acquisition and expand its U.S. market presence.
Read More »Haywood Talcove: LexisNexis Risk Solutions-Accuity Combination Seeks to Offer Government Anti-Fraud Platforms
TYSONS CORNER, VA, March 1, 2021 — LexisNexis Risk Solutions merged with Accuity in a move to offer a suite of financial risk management and compliance tools in the public sector market, GovCon Wire reported Feb 17.
Read More »Lockheed Receives $174M Navy Submarine Modernization Kit Order
The U.S. Navy has awarded Lockheed Martin a potential $174.2 million delivery order to provide upgrade kits for installation on the service branch's submarine fleet. The cost-plus, incentive-fee order has an initial value of nearly $47 million and falls under an indefinite-delivery/indefinite-quantity contract, the Department of Defense said Friday.
Read More »Former Cobham Exec Joins ST Engineering North America as CIO; Tom Vecchiolla Comments
Gunjan Goel, former senior vice president of information technology at Cobham and a more than two-decade industry veteran, has been named chief information officer of ST Engineering North America. His career includes leadership positions at Plexlane, Amerivitals Telehealth, Computer Sciences Corp. and Honeywell.
Read More »IDS Buys GovSource, DECO in Military Training Market Push
Arlington, Virginia-based IDS International has purchased GovSource and DECO for an undisclosed sum in a move to create a global provider of training support services to the military sector.
Read More »LexisNexis Risk Solutions Report Analyzes Cybercrime Across Generations; Monty Faidley Comments on Government Digital Fraud Prevention
A LexisNexis Risk Solutions analysis of 24.6 billion online transactions during the second half of 2020 found that people younger than 25 and those aged 75 and older were the most vulnerable to digital fraud incidents. Data from the LexisNexis Digital Identity Network also revealed a decrease of 184 million in human-initiated cyberattacks and an increase of 100 million in botnet attacks during 2020.
Read More »LookingGlass Adds Redhorse President John Zangardi as Advisory Board Member
TYSONS CORNER, VA, February 22, 2021 — LookingGlass Cyber Solutions appointed John Zangardi, president of technology services company Redhorse, to its advisory board as the Reston, Virginia-based software provider looks to expand global operations and offerings, GovCon Wire reported Feb. 9.
Read More »SES Subsidiary Books DOD Satcom Service Task Order
SES' government solutions subsidiary has received a task order from the Department of Defense to provide a maritime satellite communications service to U.S. military personnel overseas. DOD is using a company-built O3b medium Earth orbit satellite system equipped with portable antenna technology to help deployed servicemen connect, SES said Friday.
Read More »HII, PMC Capital Conclude Deal on UniversalPegasus Sale; Andy Green Quoted
TYSONS CORNER, VA, February 17, 2021 — Huntington Ingalls Industries (NYSE: HII) has sold its engineering design subsidiary UniversalPegasus International to Los Angeles-based private equity firm PMC Capital Partners, GovCon Wire reported Feb. 5.
Read More »Gunnison Appoints New Chief Growth Officer; Gil Dussek Quoted
TYSONS CORNER, VA, February 17, 2021 — Gunnison Consulting Group hired former Aquilent senior executive Brian Westhoff as chief growth officer with responsibility for business development, proposal management, marketing and capture functions, GovCon Wire reported Feb. 4.
Read More »EY Appoints Alexandra Gurney to Lead Federal Civilian, Security Accounts
TYSONS CORNER, VA, February 17, 2021 — Ernst & Young's government and public sector group has named two-decade management consulting services veteran Alexandra Gurney as leader of federal civilian and security accounts, GovCon Wire reported Feb. 4.
Read More »Mike Kahn: ‘CAES’ Name Reflects Renewed Focus on Customer Needs
TYSONS CORNER, VA, February 16, 2021 — Mike Kahn, president and CEO of CAES, said the company adopted a shorter name to differentiate itself from legacy Cobham businesses and highlight its renewed focus on meeting customer requirements, GovCon Wire reported Feb. 3.
Read More »Westech Wins Army Test Data Management Support Contract
Westech International will help the U.S. Army collect and process data from operational or field testing activities under a five-year, $58.8 million contract. The Army 418th Contracting Support Brigade received eight bids for the cost-plus-fixed-fee contract that covers test data management and logistical support services, the Department of Defense said Thursday.
Read More »EY Vet Thomas Pannell Joins K2 Integrity’s Investigations & Risk Advisory Practice
Thomas Pannell, formerly a partner at Ernst & Young's forensic and integrity services practice, has been appointed a managing director within the investigations and risk advisory group of K2 Integrity. He will work in K2 Integrity's New York office and brings more than two decades of industry experience to his new position.
Read More »HawkEye 360 Launches Radio Frequency Data Analytics Platform; Alex Fox Quoted
Satellite technology company HawkEye 360 has released its Mission Space offering in a move to help customers identify radio frequency activity and visualize RF geospatial intelligence data. Alex Fox, an executive vice president of HawkEye 360, said the company developed the platform to create value for customers of its subscription RF signal data services and to drive adoption of commercial analytics technology for defense, intelligence and commercial applications.
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