BAE Systems Inc. will provide critical information security safeguards to the FBI under a $40 million task order awarded on the five-year, indefinite delivery, indefinite quantity Information Assurance Program Support contract vehicle, which is valued at $134 million.
Safran, an international high-technology group whose core businesses are in aerospace, defense and security, is buying a scaled-down L-1 Identity Solutions Inc., after the sale of L-1’s intelligence units to BAE Systems Inc. The M&A deals are worth more than $1.6 billion.
BAE Systems is acquiring Oasys Technology, a private company that specializes in the design and manufacture of electro-optical systems and subassemblies for aerospace, defense, industrial and commercial markets.
Experts say M&A activity is continuing throughout the recession, but having fewer dollars to spend makes buyers more particular and focused.
Lawrence Prior III, whose resignation as president and chief operating officer of ManTech International Corp. was announced today, is joining BAE Systems as executive vice president, according to a BAE announcement today.
BAE Systems Technology Solutions & Services Inc. will provide a broad range of technology services to the Navy under a $31 million modification to a previously awarded cost-plus-fixed-fee contract.
BAE Systems Technology Solutions and Service, Science Applications International Corp. and SkillStorm Government Integrated Services will vie for Navy task orders under a five-year contract for Marine Corps Mass Notification System support services.
BAE Systems Inc. has named John Gannon president of its Information Solutions business that provides information technology, intelligence analysis and other homeland security solutions to federal agencies.
BAE Systems’ new leader reorganizes the company to position it for growth, especially in the increasingly important cybersecurity market.
BAE Systems Inc. will provide secure access systems at several Army installations under a three-year contract that could be worth up to $95 million.
Former secretary of the Homeland Security Department Michael Chertoff has joined the board of directors of BAE Systems Inc.
BAE Systems Inc. has named Robert Murphy president of its Systems Land and Armaments Group, succeeding Linda Hudson, who was recently appointed president and chief executive offer.