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Symantec To Acquire LifeLock For $2.3 Billion To Form World’s Largest Digital Safety Platform For Consumers And Families

MOUNTAIN VIEW, Calif. and TEMPE, Ariz.— Symantec Corp. (NASDAQ: SYMC) and LifeLock, Inc. (NYSE: LOCK) today announced that they have entered into a definitive agreement for Symantec to acquire LifeLock for $24 per share or $2.3 billion in enterprise value. The deal, which was approved by the boards of directors of both companies, is expected […]

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Lockheed Martin’s First Modernized TACMS Missile Successfully Engages Target with Extreme Accuracy

DALLAS, Nov. 9, 2016 – Lockheed Martin’s (NYSE: LMT) first modernized Tactical Missile System (TACMS) missile completed a successful first flight test at White Sands Missile Range, New Mexico. The missile was launched from a High Mobility Artillery Rocket System (HIMARS) launcher at a target area more than 130 kilometers away, precisely hitting the target […]

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Raytheon, Logos Collaborate On Advanced Multi-intelligence Sensors

MCKINNEY, Texas, – Raytheon Company (NYSE: RTN) and Logos Technologies are partnering to provide advanced multi-intelligence, or multi-INT, sensor systems to address challenging intelligence, surveillance and reconnaissance, or ISR, requirements.  Raytheon’s high-definition Multi-Spectral Targeting System, or MTS™, and Logos’ wide-area motion imagery, or WAMI, technology will be integrated into a modular, lightweight sensor system suitable for […]

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Regional Cooperation Critical to Combatting New Forms of Terrorism

Regional cooperation was critical to combating terrorism as that threat expanded and took on new forms, ranging from cyberterrorism to State-sponsored terrorism, speakers stressed, as the Sixth Committee (Legal) continued its deliberations on measures to eliminate international terrorism today. Terrorism was crossing borders, not just geographically, but also online through social media and media networks, […]

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Lockheed Martin Successfully Closes Transaction to Separate and Combine IT and Technical Services Businesses with Leidos

BETHESDA, Md., – Lockheed Martin (NYSE: LMT) has completed the separation of its Information Systems & Global Solutions (IS&GS) business segment and merged it with a subsidiary of Leidos Holdings, Inc. (NYSE: LDOS). The transaction concludes Lockheed Martin’s portfolio reshaping strategy announced last year and was finalized through a tax-efficient Reverse Morris Trust transaction. The […]

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Boeing to boost British Army capability with 50 AH-64E Apache helicopters as UK confirms purchase

FARNBOROUGH, UNITED KINGDOM, July 11, 2016 – Boeing [NYSE: BA] will deliver 50 AH-64E Apache attack helicopters to the British Army under an agreement signed between the U.S. and UK governments, the UK Ministry of Defence (MOD) announced today. The agreement is also a precursor to potential, significant long-term support opportunities for Boeing. David Pitchforth, […]

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United States, Mexico and Canada Join Forces to Improve Amber Alert System

The U.S. Department of Justice’s Office of Prosecutorial Development, Assistance and Training (OPDAT) and Mexico’s Office of the Attorney General (PGR) sponsored a Trinational Forum yesterday and today in Mexico City, bringing together Amber Alert Coordinators from Mexico, the United States and Canada. The forum aimed to create mechanisms for the international coordination of Amber […]

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Raytheon Developing Technology to Make Software “Immortal”

CAMBRIDGE, Mass., — A team led by Raytheon BBN Technologies is developing methods to make mobile applications viable for up to 100 years, despite changes in hardware, operating system upgrades and supporting services. The U.S. Air Force is sponsoring the four-year, $7.8 million contract under the Defense Advanced Research Projects Agency’s Building Resource Adaptive Software […]

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L-3 Aerospace Systems Reinstates Vertex Aerospace Name at Its Aviation Sustainment and Support Business

NEW YORK– May 9, 2016– L-3 Communications (NYSE:LLL) announced today that it has reinstated the name of its Madison, Mississippi-based aerospace sustainment and support services business to L-3 Vertex Aerospace. “The L-3 Vertex Aerospace name stands for our legacy of delivering sophisticated and customer-focused services and support that provide consistent, measurable value,” said Mark Von […]

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Collaboration on Critical National Infrastructure Cybersecurity Key to Minimising UK Economic Risk According to New Study

LONDON, UK, – A significant cyberattack across the UK’s critical national infrastructure could have far-reaching and significant economic impacts for Britain according to a study carried out by the Cambridge Centre for Risk Studies at the University of Cambridge Judge Business School. The report, developed in conjunction with Lockheed Martin, Integrated Infrastructure: Cyber Resiliency in […]

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