Posts from ExecutiveBiz for 10/21/2014

State Dept OKs $600M General Dynamics-Made Tank Ammo Sale to Iraq

Iraq has requested to procure General Dynamics-built (NYSE: GD) M1A1 Abrams tank weapons through a potential $600 million foreign military sales agreement with the U.S. government. The State Department approved Iraq’s planned acquisition of 46,000 high-explosive anti-tank munitions and kinetic energy warheads for its Abrams battle tanks fleet, the Defense Security Cooperation Agency said Monday…

DynCorp Wins $85M for Navy Trainer Plane Maintenance, Logistics

DynCorp International has won a one-year, $83,373,932 contract to help the U.S. Navy perform depot-level maintenance and logistics work on close to 400 trainer planes for the chief of naval air training…

Mike Denning Joins Verizon’s Enterprise Arm as Global Security VP

Mike Denning, formerly senior vice president and general manager of CA Technologies’ (NASDAQ: CA) security business unit, has joined Verizon Enterprise (NYSE: VZ) as vice president of global security…

Report: DoD Net Assessment Director Andrew Marshall Eyes January Retirement

Andrew Marshall, the 93-year-old director of the Defense Department‘s Office of Net Assessment, will retire in January following 41 years at the helm of DoD’s internal advisory board, Defense News reported Friday…

BAE to Pay $232M Cash for Commercial Cyber Services Firm SilverSky; Ian King Comments

BAE Systems PLC has agreed to acquire commercial cybersecurity services provider Perimeter Internetworking Corp. — which does business as SilverSky — for $232.5 million cash. BAE expects to close the transaction before the end of this calendar year upon the receipt of regulatory approvals, the London-based defense contractor said Tuesday…

Matthew Way: Army, JIEDDO Assess Commercial Systems During Culvert IED Detection Event

Twenty companies have demonstrated technologies that are built to detect improvised explosive devices at the U.S. military’s Culvert Denial Challenge event, Defense News reported Friday. Paul McCleary writes the Army Research Laboratory and the Joint Improvised Explosive Device Defeat Organization evaluated unmanned ground and aerial anti-IED systems during the competition held at Fort Benning in Georgia from Sept…