News

ReportBuyer has released a report that forecasts the global mobile satellite services market to grow 7.39 percent by 2018. The report factors in the wholesale mobile satellite services revenue in order to calculate the market size, ReportBuyer said Sept. 23. Key regions covered in the report are the Americas, the Asia-Pacific and Europe-Middle East-Africa. ReportBuyer also cites the following companies as key […] More

David Melcher, CEO of Exelis, has said the company applied previous spinoff experience in order to carry out the separation of its mission systems business in just nine months, the Washington Business Journal reported Monday. Melcher told WBJ reporter Jill Aitoro in a recent interview he expects the shareholder base of government services spinoff company […] More

Boeing plans to transfer most of its defense support functions to St. Louis, Oklahoma City and other sites from Washington. The company estimates the relocation will take three years to complete and affect approximately 2,000 defense workers at the company’s offices in the Puget Sound area, Boeing said Monday. “The decision to consolidate these activities […] More

IBM expects to complete the $2.1 billion sale of its x86 server business to Lenovo on Oct. 1 as the latter firm moves to expand its offerings in enterprise hardware and services. Lenovo said Monday that System x, BladeCenter, Flex System, NeXtScale, iDataPlex, x86-based Flex systems and blade networking are included in the transaction. Yang Yuanqing, Lenovo chairman and CEO, said the company will now focus on managing […] More