Posts from ExecutiveBiz for 12/14/2015

Reuters: PAE Attracts Acquisition Offers From 3 Investment Firms

Three private equity firms have put forward bids to acquire Arlington, Virginia-based government services contractor PAE from owners Lindsay Goldberg, Reuters reported Friday. Mike Stone and Greg Roumeliotis write Apollo Global Management emerged as the leading bidder during a recent auction process and is currently in talks with Lindsay Goldberg for a potential acquisition of PAE at up to $900 million…

LookingGlass to Acquire QinetiQ’s Cyveillance Threat Intell Business for $35M

LookingGlass Cyber Solutions has agreed to acquire online monitoring and threat intelligence business Cyveillance from British defense technology contractor QinetiQ Group for approximately $35 million in cash…

Andrew Mayock Nominated OMB Deputy Director for Management

Andrew Mayock, a senior adviser to the Office of Management and Budget director, has received a nomination from President Barack Obama to the position of deputy director for management at OMB, the White House said Thursday…

OPM Concludes Postal Notifications to Federal Data Theft Victims

The Office of Personnel Management reports it has mailed notification letters to almost 93 percent of federal employees and contractors whose records were compromised in a breach of OPM’s backround investigation database…

Lockheed Taps SeaRobotics to Help Build Autonomous Underwater Vehicle ‘Marlin’

Lockheed Martin has chosen SeaRobotics as an original equipment manufacturer to help produce Marlin Mk3 autonomous underwater vehicles for clients in the offshore services industry. Marlin is designed to help offshore oil and gas and pipeline surveyors perform deepwater exploration and inspection activities, Lockheed said Monday…

FAA Launches Web-Based Registration for Small UAS; Michael Huerta Comments

The Federal Aviation Administration has introduced a web-based registration process for small unmanned aerial systems that weigh between 0.55 pounds and 55 pounds. New FAA rules require the owner of a small UAS who operated an unmanned aircraft as a model aircraft before Dec…

Reports: Northrop Designs Flying-Wing UAS Under DARPA ‘Tern’ Program

Northrop Grumman has unveiled a design of its proposed unmanned aircraft system for the Defense Advanced Research Projects Agency‘s Tactically Exploited Reconnaissance Node initiative, Breaking Defense reported Sunday…

Senate OKs Cherry Murray as DOE’s Office of Science Director; Ernest Moniz Comments

Cherry Murray, formerly a professor of technology, public policy and physics at Harvard University, has been confirmed as director of the Energy Department’s Office of Science. Murray will be responsible for research initiatives in advanced scientific computing, high energy physics, nuclear physics and biological, environmental, fusion energy and basic energy sciences, DOE said Friday…