Posts from ExecutiveBiz for 10/3/2017

Justice Dept OKs CenturyLink-Level 3 Merger Deal

The Justice Department has agreed to approve the pending $34 billion acquisition of Level 3 Communications (NYSE: LVLT) by CenturyLink (NYSE: CTL), subject to court approval of certain conditions in a consent decree…
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Michael Kolloway Succeeds Clyde Ellis as Parsons SVP, General Counsel & Secretary

Michael Kolloway, formerly vice president and deputy general counsel for the Americas region at Parsons, has been promoted to senior VP, general counsel and secretary of the Pasadena, California-based engineering and infrastructure services contractor…
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State Dept OKs Australia’s Request for $815M in Small Diameter Bombs

The State Department has given Australia the green light to buy small diameter bombs, military equipment and related services from the U.S. government under a potential $815 million foreign military sales agreement…
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Metal Shark to Construct Navy Patrol Boats Under Potential $90M Contract

Metal Shark has won a potential $90 million contract to build up to 50 next-generation patrol boats for the U.S. Navy. The Navy initially ordered 11 PB(X) vessels along with with trailers, spares, training packages and technical support services, Metal Shark said Monday…
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BDO USA’s Gregory Garrett: Data Breaches Drive Demand for Cyber Liability Insurance Among Govt Contractors

Gregory Garrett, head of international cybersecurity practice at BDO USA, told Federal News Radio in an interview that aired Monday he has observed a growing demand for cyber liability insurance among government contracting firms as a result of increased breach incidents…
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CGI Secures $68M USAID Cloud Data Center Support Contract

CGI has received a potential five-year, $68.2 million contract to support enterprise data center and disaster recovery efforts of the office of the chief information officer at the U.S. Agency for International Development…
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IAI Demos Unmanned Helicopter Concept for Battlefield Logistics

Israel Aerospace Industries has demonstrated an unmanned helicopter proof of concept the company designed to simplify air and land battlefield supply logistics processes during a warfare mission. Air Hopper performed two simulated scenarios, including one wherein the platform transported a wounded soldier to an extraction point for treatment, during the POC demonstration, IAI said Monday…
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Executive Spotlight: Interview with Evan Scott, President of ESGI

“Hire the best and allow them to succeed–Set them up for success, not failure.” EM: You are the CEO of ESGI celebrating your 17th year. Evan Scott: Yes, I am CEO and founder of ESGI…
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Former Maryland State IT Chief David Garcia Named OPM CIO

David Garcia, former chief information officer for the state of Maryland, has been appointed to the same position at the Office of Personnel Management. OPM said Monday Garcia led Maryland’s information technology operations over the past two years as the state CIO and secretary for its IT department…
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