Posts from ExecutiveBiz for 05/06/2015

State Dept. OKs $3.5B in Aircraft, Weapon Sale Requests from 5 US Allies

The State Department has cleared foreign military sales agreements worth approximately $3.5 billion combined with five of U.S.’ Middle East and Asian partner nations, Defense One reported Tuesday…

Health Net Gov’t Contract Revenue Jumps 7% in 1Q, Total Sales Up 28%

Health Net (NYSE: HNT) — one of 30 companies listed in Executive Mosaic’s GovCon Index — has announced financial results for the first quarter of its 2015 fiscal year ended March 31, 2015…

Willie May Confirmed as NIST Director; Penny Pritzker Comments

Willie May, formerly acting director of the National Institute of Standards and Technology since June 2014, has been confirmed by the Senate as NIST director and commerce undersecretary for standards and technology…

Cybereason Raises $25M in Series B Funds; Spark Capital, Lockheed Among Investors

Massachusetts-based cybersecurity firm Cybereason has raised $25 million in Series B capital funds from Spark Capital, Lockheed Martin, CRV and others for the expansion efforts on research and development and sales and marketing…

Triple-i Buys Cyber, Health-Focused IT Firm CCSi; Leo Phelan Comments

Information Innovators Inc. has acquired information technology contractor Creative Computing Solutions Inc. for an undisclosed sum in a push to grow in the cybersecurity and health services markets…

Exelis Reports 5% Revenue Bump for 1Q, Profit Up 13%

Exelis (NYSE: XLS) has announced financial results for the first quarter of its 2015 fiscal year ended March 31, 2015. The McLean, Va.-based defense technology contractor said revenue increased 4.94 percent year-over-year to $785 million and profit rose 13…

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