Posts from ExecutiveBiz for 1/27/2015

David Thompson: Orbital, ATK Set Feb. 9 Date to Close A&D Merger and Outdoor Group Spinoff

Both sets of stockholders Orbital Sciences (NYSE: ORB) and ATK (NYSE: ATK) voted Tuesday to approve the transaction that will see Orbital merge with ATK’s aerospace and defense groups. The merger is scheduled to close Feb…
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Robert Cardillo, NGA Director, Named to Wash100 for Geospatial Intell Leadership

Executive Mosaic is honored to introduce Robert Cardillo, director of the National Geospatial-Intelligence Agency, as the newest member of the Wash100 — a group of influential leaders in the government contracting sector…
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Joe Ayers, Federal Enterprise Group VP at HP, Selected to Wash100 for Cloud and Consulting Leadership

Executive Mosaic is honored to announce Joe Ayers, vice president of Hewlett-Packard’s U.S. federal enterprise group, as the newest member of the Wash100 — a group of influential leaders in the government contracting industry…
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Gene Colabatistto, CAE Group President, Chosen to Wash100 for Int’l Military Market Leadership

Executive Mosaic is honored to unveil Gene Colabatistto, president of CAE‘s military simulation products, training and services group, as the newest inductee into the Wash100 — a group of influential leaders in the government contracting industry…
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Lockheed Reports 9% Revenue Spike in 4Q With F-35, Int’l Sales Growth

Lockheed Martin (NYSE: LMT) has announced financial results for its fourth quarter and full 2014 fiscal year ended Dec. 31, 2014. Revenue for the fourth quarter increased 8.6 percent year-over-year and the company reported a modest revenue gain of two-thirds a percent for the full fiscal year…
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OMB: Fiscal 2015 Budget Safe from Cuts

The Office of Management and Budget has announced that defense and nondefense appropriations for fiscal year 2015 are safe from sequestration cuts, Federal News Radio reported Friday. Jason Miller writes an OMB letter addressed to Congress highlights why cuts mandated under the Budget Control Act will spare the discretionary budget of government agencies for fiscal 2015…
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Pentagon’s Business Board Recommends $125B Savings over Five Years

The Defense Business Board has proposed cost-cutting measures for the Defense Department to save $125 billion over the next five years, Defense News reported Sunday. Paul McLeary writes the business panel called on the Pentagon to reduce contractor services, cut administrative expenses, implement early retirements and renegotiate contracts in order to pump those savings into the military forces…
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