LAWSUIT

Exelis claims KEYW, former employees stole trade secrets

Six former employees now work at KEYW Corp.

Exelis and one of its subsidiaries has filed a $45 million lawsuit against six of its former employees and KEYW Corp. for conspiring to steal trade secrets, FedBiz Daily is reporting.

The former employees allegedly shared bidding and pricing information via e-mail to KEYW, their current employer, giving KEYW an unfair advantage in a competition with Exelis. The suit cites that the employees detailed a plan to transition intellectual property of Exelis’ subsidiary, EVI Technology LLC, to KEYW over the course of 12 to 18 months, FedBiz Daily reported.

Among the shared information were specific customer agencies, task orders, programs and projects that the former employees allegedly intended to capture for KEYW in 2013 and early 2014. The e-mail was said to also identify 27 Exelis employees who could help the transition, 23 of which now work at KEYW, FedBiz Daily said.

Reader Comments

Please post your comments here. Comments are moderated, so they may not appear immediately after submitting. We will not post comments that we consider abusive or off-topic.

Please type the letters/numbers you see above

What is your e-mail address?

My e-mail address is:

Do you have a password?

Forgot your password? Click here
close
SEARCH
contracts DB

Trending

  • Dive into our Contract Award database

    In an exclusive for WT Insider members, we are collecting all of the contract awards we cover into a database that you can sort by contractor, agency, value and other parameters. You can also download it into a spreadsheet. Read More

  • Is SBA MIA on contractor fraud? Nick Wakeman

    Editor Nick Wakeman explores the puzzle of why SBA has been so silent on the latest contractor fraud scandal when it has been so quick to act in other cases. Read More

Webcasts

  • How Do You Support the Project Lifecycle?

    How do best-in-class project-based companies create and actively mature successful organizations? They find the right mix of people, processes and tools that enable them to effectively manage the project lifecycle. REGISTER for this webinar to hear how properly managing the cycle of capture, bid, accounting, execution, IPM and analysis will allow you to better manage your programs to stay on scope, schedule and budget. Learn More!

  • Sequestration, LPTA and the Top 100

    Join Washington Technology’s Editor-in-Chief Nick Wakeman as he analyzes the annual Top 100 list and reveals critical insights into how market trends have impacted its composition. You'll learn what movements of individual companies means and how the market overall is being impacted by the current budget environment, how the Top 100 rankings reflect the major trends in the market today and how the biggest companies in the market are adapting to today’s competitive environment. Learn More!