Fortisphere has named Siki Giunta its President and CEO. Giunta will bring over 20 years of corporate guidance and enterprise IT management software experience to bear in order to accelerate Fortisphere's growth and strategically guide its expansion in the rapidly expanding virtualization market. Previously, Giunta served as president and CEO of Managed Objects, a business service …
Read More »$1 Salary for Oracle CEO
Larry Ellison, CEO of Oracle Corp., has joined the heads of both Apple Inc. and Google Inc. in accepting a $1 per year salary for fiscal 2010. In fiscal 2009 he was paid $1 million. Ellison, who founded the company in 1977, has ownership of 23.4 percent of Oracle's outstanding …
Read More »Widearea Systems Announces New Appointment to Advisory Board
Former Secretary of the Air Force, Michael W. Wynne, has been appointed to the advisory board of Frederick, Maryland based, Widearea Systems. The firm is a provider of unified communications solutions and services. Wynne's previous experience includes seven years in the Air Force, where he was an assistant professor of …
Read More »SAIC's Ray Starling to Discuss Hawaii Energy Efficiency Program on HPR
The focus of Monday's Energy Futures show will be SAIC's plans for the Hawaii Energy Efficiency Program. The State Legislature of Hawaii awarded SAIC responsibility for the Hawaii Energy Efficiency Program on July 1 after they determined an independent third party would be a more suitable administrator than the Hawaiian …
Read More »Qwest Adds Ex-McDonalds’ COO Michael Roberts to Board of Directors
Qwest Communications International Inc. has named former McDonald’s Corp. COO and current CEO of Westside Holdings LLC, Michael Roberts to its board. This appointment brings the total membership of Qwest’s board to 13. In a career spanning almost 30 years with the fast-food giant, Roberts has served as CEO of its U.S. …
Read More »ARRA Saves States from Deeper Dive
Though state officials have faced difficult choices as they struggle to finalize 2010 budgets across the country, it’s clear the task would have been even more grim without a crucial infusion of federal money. According to the Center on Budget and Policy Priorities, as dire as the states’ fiscal condition …
Read More »Northrop Could Sell TASC Unit for Up to $2B
Northrop Grumman is looking to sell TASC, its unit that advises military and intelligence agencies in a deal that could be worth up to $1 to $2 billion. The Department of Defense has tightened its conflict-of-interest rules this year as ordered by Congress on firms like Northrop's TASC. Many contractors …
Read More »EDS’s Indian Subsidiary Buys AIG’s Indian IT Solutions Business
EDS’s Indian subsidiary, MphasiS, has reached a deal to purchase the India-based IT services and solutions unit of American International Group (AIG). Financial terms were not disclosed. AIG Systems Solutions Private Ltd has more than 800 staff in Chennai and Kolkata, according to an MphasiS statement. MphasiS, a subsidiary of EDS …
Read More »ISO 9001/AS9100 Re-Certification Awarded to Northrop Grumman Business Unit
The Navigation Systems Division (NSD) under Northrop Grumman Corp. has been re-certified in the International Organization for Standardization (ISO) 9001/AS9100. It was awarded to the Woodland Hills, California; Salt Lake City and Norfolk, VA locations. This achievement indicates that the company’s quality management system is up to par with international …
Read More »Military Experts Question Efficacy of Unmanned Aircraft
Last week, Northrop Grumman stole the show at the Association for Unmanned Vehicle Systems International's conference and exhibition in Washington D.C., the largest event of its kind. The company’s scope of offerings in unmanned vehicles is so great that E.J. “Gene“ Fraser, a VP in the company's strike and surveillance systems …
Read More »Qwest Requested to Reconsider Internet Grant by PSC
Qwest has been asked by the Public Service Commission (PSC), which regulates utilities in the state of Montana, to reassess a federal grant proposal that would bring broadband internet access to rural areas that are currently being neglected. According to Ken Toole, Vice Chairman of PSC, Qwest is missing an …
Read More »IBM Goes Brazilian
Move over, China and India, IBM is betting that the next developing technology hotspot will be Brazil. The company has announced a new initiative to stimulate country’s developing technology sector. For starters, IBM will host its first-ever forum for São Paulo venture capitalists and entrepreneurs and FINEP, the Brazilian government organization dedicated …
Read More »States Put Bulk of Discretionary Dollars into Public Safety
While the bulk of stimulus funding earmarked for state recovery efforts comes with conditions, a small amount comes with the freedom for officials to do with what they please. According to a recent report published by the Council of State Governments, states are spending $8.8 billion in discretionary funding in …
Read More »Washington Business Journal Names Paul Mamalian of Apptis Finalist for Top General Counsel
The Washington Business Journal has named Paul Mamalian, Senior VP General Counsel and Secretary, a finalist for the Top Washington Lawyer list in the General Counsel category. Mamalian is an active participant in Apptis’ ongoing efforts to maximize shareholder value as General Counsel. He works closely with the management team …
Read More »MBDA Inc. Confirms John Pranzatelli as VP of Strategy and Operations
MBDA Inc.’s board of directors has confirmed the appointment of John Pranzatelli, as Vice President of Strategy and Business Operations for MBDA Inc., effective immediately. John will report directly to Jerry Agee, the Chairman of the Board, CEO, and President of MBDA Incorporated. John will work closely with MBDA Group Officers …
Read More »