3 mars 2021 | International, C4ISR, Sécurité
Italy’s Leonardo to list DRS subsidiary on New York Stock Exchange
Italian state-controlled defense company Leonardo has confirmed plans to list U.S. subsidiary DRS on the New York Stock Exchange.
18 décembre 2019 | International, Aérospatial
BAE Systems to get new CEO in April
WASHINGTON — BAE Systems Chief Executive Jerry DeMuro will hand over leadership to Tom Arseneault next year, the company announced Tuesday.
Arseneault will transition from chief operating officer to CEO of the U.S. subsidiary of U.K.-based BAE Systems plc in April, with DeMuro taking on a newly created role of executive vice president of strategic initiatives. DeMuro will also continue to serve on the board of directors.
“I think it is one of the primary responsibilities you have, as a CEO, to develop the talent,” DeMuro told Defense News when asked about succession planning in an exclusive interview Dec. 7, during the Reagan National Defense Forum. “And leadership succession, in particular CEO succession, isn't always smooth. I think this is a natural progression, making it smooth for our customers, our shareholders, all stakeholders and our employees.
“It's just about progressing to that point where we on the board feel it's time to hand that baton off.”
DeMuro has served as CEO since 2014, when he succeeded Linda Hudson. Among his key priorities during the last five years has been unifying a business primarily born out of acquisition. With Tom's April appointment, Jerry will transition to an advisory role, providing advice and counsel to leadership with both BAE Systems Inc. in the U.S. and BAE System plc in Europe on a number of priority programs. Within the scope of his responsibilities will be chairing the internal program reviews for several key international pursuits. He will also continue to advance the defense industry's positioning regarding evolving cybersecurity requirements.
Arseneault, who in May also added “president” to his title and was elected to the company's board, is currently responsible for delivering business and functional performance across the company's three sectors. He's been with BAE for 22 years, having previously served as president of the company's electronic systems sector and executive vice president of the product sectors.
“If you've been watching, we had him as the COO [chief operating officer] for several years. I also had him doing strategy and corporate development, and rounding out his portfolio" across the various business units, DeMuro said. “[I]t's just about getting him prepared, and making sure our stakeholders are comfortable.”
BAE is currently in low-rate production for the U.S. Army's Armored Multi-Purpose Vehicle to replace the M113 armored personnel carrier and family of vehicles. It's also scheduled to deliver its prototype for the Mobile Protected Firepower vehicle program by 2021 — required ultimately to be a 105-120mm cannon and a tracked vehicle that can withstand a classified level of enemy fire.
DeMuro has pointed to electronic warfare as another key priority area for the company, delivering capabilities to the F-35 and all other fifth-generation fighter jets, as well as precision-guided munitions and technologies that support space resiliency.
Parent company BAE Systems in the U.K. ranked seventh on the Defense News Top 100 list of the largest defense companies in the world. Defense revenue has dropped from $25.45 billion in 2015 to $22.48 billion in 2018. The U.S. subsidiary oversees one of the companies largest operations from Arlington, Virginia.
https://www.defensenews.com/industry/2019/12/17/bae-systems-to-get-new-ceo-in-april
Sur le même sujet
-
-
1 mai 2020 | International, Naval
CACI Awarded $199 Million Contract to Support U.S. Navy Satellite Systems and Networks for Special Operations
April 27, 2020 - CACI International Inc (NYSE: CACI) announced today that it has been awarded a five-year and six-month, if all options are exercised, single-award indefinite delivery/indefinite quantity contract, with a ceiling value of $199 million, to provide communications systems, satellite communications, and network support services to the Naval Information Warfare Center (NIWC) Atlantic in support of U.S. Special Operations Command. Under the contract, CACI engineers and technicians will provide mission expertise, including fielding and training for operational systems, maintenance, logistics, and 24/7 technical support for personnel working with the satellite and network systems. CACI will support approximately 2,000 satellite communications systems worldwide, as well as wide-area network infrastructure services for nearly 90 sites. CACI has a unique and modern facility designed to seamlessly support and enhance NIWC's mission. CACI experts can maintain, assemble, and test satellite communications systems at the Fayetteville, NC. facility to maximize those systems' efficiency and accuracy while also supporting the warfighter with continuous improvements. John Mengucci, CACI President and Chief Executive Officer, said, “This recompete award results from the longstanding professional and productive relationship between our dedicated team and NIWC, focused on providing servicemembers with the critical communications support they need to execute their mission.” CACI Executive Chairman and Chairman of the Board Dr. J.P. (Jack) London, said, “As our country continues to face evolving national security threats, CACI remains focused on providing the support our customers rely on to safeguard our nation.” CACI's 23,000 talented employees are vigilant in providing the unique expertise and distinctive technology that address our customers' greatest enterprise and mission challenges. Our culture of good character, innovation, and excellence drives our success and earns us recognition as a Fortune World's Most Admired Company. As a member of the Fortune 1000 Largest Companies, the Russell 1000 Index, and the S&P MidCap 400 Index, we consistently deliver strong shareholder value. Visit us at www.caci.com. There are statements made herein which do not address historical facts, and therefore could be interpreted to be forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Such statements are subject to factors that could cause actual results to differ materially from anticipated results. The factors that could cause actual results to differ materially from those anticipated include, but are not limited to, the risk factors set forth in CACI's Annual Report on Form 10-K for the fiscal year ended June 30, 2019, and other such filings that CACI makes with the Securities and Exchange Commission from time to time. Any forward-looking statements should not be unduly relied upon and only speak as of the date hereof. CACI-Contract Award View source version on businesswire.com: https://www.businesswire.com/news/home/20200427005135/en/
-
28 août 2023 | International, C4ISR
US Pentagon provides BlackWatch with semiconductor support worth up to $96.9m
US institutions try to boost their domestic semiconductor industry as the commodity becomes a hot topic in the nation’s tech war with China.