Latest Federal & Government Contracting Companies' News Coverage
Liz Huldin serves as director of human resources for Boeing Network & Space Systems. The Motorola and Honeywell veteran joined the firm in 2009 and most recently served as director of M&A, integration and international rewards for the corporate Human Resources strategy, compensation and benefits group. In her conversation with ExecutiveBiz, Huldin discusses Boeing“™s […] More
Federal budget cuts have reduced mergers and acquisitions in the aerospace and defense industry in the first quarter of 2013, causing financial services firms to lay off some analysts, the Washington Post reported Sunday. Citing a report from advisory firm Deloitte, Steven Overly writes M&A activities in the sector declined in number by 40 percent […] More
BAE Systems Chairman Sir Roger Carr intends to focus on building up BAE as an independent company when he joins, Dow Jones Business News reported Wednesday. Marietta Cauchi writes Carr announced his plans for the company a few hours after he was officially appointed to succeed Dick Olver, who will step down in the first quarter […] More
Longmont, Colo.-based DigitalGlobe Inc. is working to complete its third WorldView-class satellite for a scheduled launch in mid-2014. WorldView-3 is included in the company's EnhancedView contract with the U.S. National Geospatial-Intelligence Agency, and is built to provide spectral diversity and multiple short-wave infrared bands for clear imaging through air-born particulates, DigitalGlobe said. It will operate […] More
Kratos Defense & Security Solutions Inc. has won M&A Advisor’s “Equity Financing Deal of the Year“ award for 2012, recognizing the company’s public offering of common stock raising $100 million in conjunction with its acquisition of Composite Engineering Inc. Kratos said it completed the acquisition of the unmanned aerial target systems and composite structures manufacturer […] More
Kratos Defense & Security Solutions won an Americas M&A Atlas Award for its acquisition of Composite Engineering in July, Kratos announced Tuesday. The company said a group of independent advisers selects the finalists and winner of the “M&A Aerospace & Defense Services Deal of the Year” award based on closed deals each year. “With CEI, the majority […] More
Mergers and acquisitions activity has been racing throughout the government contracting world lately. CRGT, an expert in emerging technology solutions, recently acquired managing and consulting firm Johnston McLamb (JM). CRGT President and CEO Tom Ferrando provided ExecutiveBiz a micro view of the M&A moves in the industry. With street-level detail but bird's-eye insight, Ferrando answers […] More
This week, Global Defense Technology & Systems, Inc. sealed a deal to purchase Zytel Corporation for $26.8 million. HP will acquire ArcSight for a price of $43.50 per share, or a value of roughly $1.5 billion. ITT Corporation wrapped up the sale of CAS, Inc., the firm“™s systems engineering and technical assistance services business, to […] More
CSC (NYSE: CSC) closed the acquisition of Bass & Company, a consulting firm specializing in electric, gas and water utilities. According to the firm, “the acquisition will enable CSC to better serve global utility clients and supports CSC’s strategic industry growth plan to expand the company’s presence in the chemical, energy and natural resources markets. […] More
ICx Technologies, Inc. (Nasdaq GM:ICXT) has entered into a definitive merger agreement with FLIR Systems, Inc. (Nasdaq:FLIR) which would see ICx acquired through a cash tender offer, followed by a merger with a subsidiary of FLIR, for a price of $7.55 per share in cash. According to the firm, “ICx's Board of Directors has unanimously […] More
This week, BAE Systems and Northrop Grumman named new members QinetiQ NA and Saft to their GCV team in a bid for the U.S. Army“™s Ground Combat Vehicle competition. Lockheed Martin partnered with NANA for missile deal, and Intelligent Decisions gained Enterprise Level Partner Status with virtualization and cloud-infrastructure solutions firm VMware. More
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