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Tag Archives: News

Xerox CTO Wins Champion Award at Out and Equal Summit

Xerox Corp.’s chief technology officer Sophie Vandebroek was selected as the Champion Outie Award winner at the Out & Equal Workplace Summit in Rochester, N.Y. A company release says Vandebroek was recognized as playing a pivotal role in promoting equal treatment of gay, lesbian, bisexual and transgender employees. “Being the …

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ACS Named Leader in Magic Quadrant for Comprehensive Finance, Accounting Business

Gartner has placed ACS, a Xerox Company, in the Leaders Quadrant of the 2011 Magic Quadrant for Comprehensive Finance and Accounting Business Process Outsourcing, Global. Leaders are determined based on completeness of vision and ability to execute that vision. ACS has demonstrated vision through assisting businesses in improving service levels by applying the …

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Lockheed Wins $5 Billion Special Ops Contract

Lockheed Martin Corp. has been awarded a contract worth up to $5 billion to support special operations forces of U.S. SOCOM. The work initially began in March of 2009, but was paused a month later. Lockheed will provide logistics and support systems for the U.S. Special Operations Command. According to …

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Boeing Appoints Lockheed Martin as Subcontractor for NextGen

Boeing has chosen Lockheed Martin as a lead subcontractor to work on the FAA’s NextGen initiative, a 10-year, multibillion-dollar contract vehicle to modernize the current aviation system. According to Lockheed Martin, the air traffic management business will “compete for future en route, terminal and oceanic air traffic control and systems …

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BAE, Northrop Present at Eurosatory 2010

BAE Systems and Northrop Grumman are just two of the many defense contractors presenting at Eurosatory 2010 in Paris this week. BAE Systems kicked off the event by rolling out the RG41, a new 8×8 addition to the RG range, which the firm describes “as a cost-effective and highly versatile, …

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Monday Moves

This week, TASC, Inc. named Wayne M. Rehberger vice president and chief financial officer, effective June 28, 2010. Northrop Grumman’s board of directors elected Thomas E. Vice corporate vice president and president of its technical services sector. ICFI named COO John M. Wasson to the additional role of president of …

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GovCon Market Bright Spot in Dim Economy

Last week, New York private equity firm Cerberus Capital Management acquired DynCorp International for $1.5 billion.  After GTEC’s successful IPO last year, as well as the high-profile buyouts of ACS, Perot Systems and EDS, it looks like Wall Street is betting on government contractors as a bright spot in an …

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