Search Results for: bae systems

BAE Systems Acquires Aussie Cybersecurity Company

Defense contractor BAE Systems has inked a deal to acquire stratsec.net, an Australian cybersecurity consulting firm, for approximately $23 million. The acquisition will expand BAE Systems in the growing area of cybersecurity and intelligence. “This acquisition supports our strategy to expand our existing information security services, knowledge and experience and …

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BAE Systems Artillery Makes Best Inventions List

The BAE Systems-designed explosive IMX-101, used by the U.S. Army, has been deemed one of the “50 Best Inventions of 2010” by TIME magazine. The IMX line, standing for Insensitive Munitions explosives, will soon begin to serve as a substitute for TNT in the Army and Marine Corps. It is …

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BAE Systems Helps FEMA Win Tech Award

A team led by BAE Systems has helped FEMA become one of the 10 best federal IT programs, the company announced this week. The technology that helped FEMA win the distinction was an application that allows disaster victims to file claims online or by using their smartphones. FEMA’s Disaster Assistance …

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Major Changes Coming to BAE Systems

A leadership restructuring and an office closing are among the changes coming to the stateside-arm of BAE in the near future. According to Defense News, CEO Linda Hudson sent out a memo detailing a number of reorganization tactics aimed at “better delivering our strategy in an increasingly cost-conscious marketplace.” The …

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BAE Systems Buys Atlantic Marine for $352M

In a move to expand its marine capabilities, BAE Systems yesterday announced it has signed an agreement to buy Atlantic Marines Holding, a ship-repair expert with operations in Mississippi, Florida and Alabama, from a subsidiary of private-equity firm JFL-AMH Partners for $352 million. BAE Systems said the acquisition would enhance …

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Linda Hudson appointed COO of BAE Systems

Today, BAE Systems announced that Linda Hudson has been appointed Chief Operating Officer, BAE Systems PLC, and President and CEO of BAE Systems, Inc. Linda was previously president of the company’s Land & Armaments Operating Group and takes over for General Tony Zinni, who was appointed as the Acting President …

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