Posts from ExecutiveBiz for 11/12/2015

BAE Says No Sale of US Govt Manpower, Services Business

Britain-based defense contractor BAE Systems PLC announced in a trading update released Thursday morning it will hold onto the manpower and services business unit in the company’s U.S. subsidiary that operates as BAE Systems Inc…

Maximus FY 2015, 4Q Earnings Exceed Street Forecast; Guidance Lowered on UK Contract Outlook

Maximus (NYSE: MMS) — one of 30 companies listed on Executive Mosaic’s GovCon Index — has reported earnings of $2.39 per share for its 2015 fiscal year ended Sept. 30 to exceed Wall Street estimates by 4 cents and prior year figures by 13…

Chris Smith: DHS Taps AT&T for ‘Einstein 3’ Federal Network Security Program Support

The U.S. Department of Homeland Security has awarded AT&T a contract to help defend federal civilian networks against cyber attacks through the DHS-run Einstein 3 Accelerated intrusion prevention system…

Blackstone to Purchase 17% Stake in NCR; Bill Nuti Comments

Blackstone Group has agreed to acquire a 17-percent ownership stake in consumer transaction technology maker NCR (NYSE: NCR) for approximately $820 million. NCR said Thursday it aims to transform into an integrated software development and services company and will use the investment to partly fund a planned stock repurchase program…

Nextgov: Fiscal 2016 Defense Bill Contains Cyber Screening Provision

A defense policy bill the Senate approved Tuesday contains a provision that would provide the Defense Department a $200 million budget to assess the susceptibility of every Internet-connected weapons system to cyber attacks, Nextgov reported Wednesday…

Gen. Mark Milley: US, Foreign Allies Should Adjust Military Approaches to Russia

Army Chief of Staff Gen. Mark Milley has said the U.S. and its allies need a strong but balanced approach to dealing with Russian aggression, the Army News Service reported Nov. 4. Milley told an audience during the Defense One Summit last week Russia has updated its military structure and capabilities and that he considers the country as an “existential threat” to U…

Woolpert Eyes Aerial Info Collection Services Through Leica LIDAR Purchases; Jeff Lovin Comments

Woolpert has purchased three light detection and ranging systems from Hexagon subsidiary Leica Geosystems in an effort to expand its airborne data acquisition services. Jeff Lovin, senior vice president and director of government solutions at Woolpert, said in a statement released Tuesday the company will use the LIDAR-based Leica ALS80 aerial laser scanners to support the U…

Mission Ready Services Subsidiary Gets Marketing Rights for Soldier Body Armor

A subsidiary of Mission Ready Services has secured the rights from the U.S. Army to market a body armor to local and state law enforcement agencies and international military forces and coalitions under a patent license agreement…