Posts from ExecutiveBiz for 03/01/2017

KKR Completes $1.2B Buy of Airbus Defense Electronics Business

Global investment firm Kohlberg Kravis Roberts & Co. (NYSE: KKR) has concluded its approximately $1.2 billion purchase of the defense electronics business of Airbus Group. France-based Airbus first announced the transaction in March 2016 as part of the company’s defense and space portfolio reorganization…
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Jacobs Secures GSA Task Order for Logistics Support to USMC Training Regiment; Darren Kraabel Comments

Jacobs Engineering Group has secured a potential $39 million task order contract from the General Services Administration to provide logistics services at Camp Lejeune and Camp Pendleton in support of a U…
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ACT I Hires William Stranges to Head F-35 Business Financial Mgmt Contract; Michael Niggel Comments

William Stranges, former head of the F-35 Joint Program Office concurrency cost team, has joined Advanced Concepts and Technologies International as program manager for the company’s F-35 contract…
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Raytheon, Air Force Test Updated Navigation System for MALD-J Flight Vehicle

The U.S. Air Force and Raytheon have conducted six flight tests that validated the performance of an updated navigation system for a programmable, expendable flight vehicle. Raytheon said Tuesday B-52 and F-16 aircraft were flown to test the GPS Aided Inertial Navigation System II of the Miniature Air Launched Decoy-Jammer vehicle at White Sands Missile Range in New Mexico…
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NASA’s Raven System With SSL-Built Gimbal Mechanism Arrives at ISS; Rich White Comments

NASA’s Raven technology with a Space Systems Loral-built two-axis gimbal equipment has reached the International Space Station following the Feb. 19 launch of SpaceX’s 10th ISS cargo resupply mission…
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Judson Brandt Named CEO of Cyber Intell Firm Cybis

Judson Brandt, former chief technology officer of Bridgewater Associates, has been elected by Cybis‘ board of directors to serve as CEO of the McLean, Virginia-based cybersecurity intelligence company…
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Exostar Updates Enterprise Collaboration Tool for Govt Security Standard Compliance

Exostar has updated its multi-tenant enterprise collaboration platform to comply with the National Institute of Standards and Technology’s security controls and Defense Department‘s cybersecurity directives…
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Navistar Secures $440M Army FMS Contract to Update Excess MRAP Vehicles for UAE

A Navistar subsidiary has received a $440 million contract from the U.S. Army to reset and modernize MaxxPro mine-resistant ambush-protected vehicles for the United Arab Emirates through the Excess Defense Articles program…
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Chris McGee Joins Noblis Board of Trustees; Amr ElSawy Comments

Chris McGee, senior client partner at Korn Ferry‘s Hay Group division, has joined the board of trustees of scientific research and engineering services contractor Noblis. Amr ElSawy, Noblis president and CEO, said in a statement released Monday McGee brings his experience in governance practices and compensation to the board as the company works to grow its operations and workforce…
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General Dynamics Lands DIA Task Order for IT Support to EUCOM Intell Directorate

General Dynamics‘ information technology business unit has secured a potential five-year, $16 million task order from the Defense Intelligence Agency to provide IT support to the U.S. European Command‘s intelligence directorate…
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VIDEO: Blockchain and IoT: Vending Machine with eSIM Demo

This demo will showcase how easy it is to create and monetize new innovative business solutions for today’s digital economy, using the IBM Bluemix platform, Node-Red, API Connect to expose and integrate with a rich set of Open APIs published by the TMForum – underpinning your digital transformation…
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