BAE Reveals 2009 Fiscal Results

BAE’s 2009 fiscal results are in.  According to the firm, headline sales are up 21% to £22.4B, with underlying EBITA up 17% to £2,220B.  Underlying earnings per share are up 9.7% to 40.7%. “BAE Systems has again delivered a strong set of financial results. Our well-defined and proven global strategy is serving the business and our shareholders well,” said Ian King, CEO.  ”These...

Capgemini, Sogeti Launch Enhanced Testing Services Portfolio

Capgemini and Sogeti (Capgemini Group subsidiary) launched an enhanced portfolio of software Testing Services. Combining the assets and expertise of both companies, this move will create one of the largest dedicated testing practices in the industry, supported by over 6,400 test specialists globally and up to 11,000 further applications specialists, across over 30 countries. Capgemini and Sogeti’s...

Vangent’s Mac Curtis on Partnership with Medsphere

Vangent, Inc. has formed a strategic partnership with Medsphere Systems Corporation, a provider of open-source healthcare enterprise solutions. The partnership is designed to “help U.S. healthcare enterprises quickly realize the safety, outcomes, efficiency and economic benefits of a proven electronic health record solution.” “We selected Medsphere as an established provider of quality,...

Harris Claims Multi-Million Dollar Radio Order from Marines

Harris Corporation (NYSE:HRS) has won an order valued at $78 million to provide additional Falcon II AN/VRC-104 high-frequency tactical radio systems for use in U.S. Department of Defense (DoD) Mine Resistant Ambush Protected All-Terrain Vehicles (M-ATVs). The order was placed by the U.S. Marine Corps Systems Command on behalf of the DoD’s Joint MRAP program. “Harris continues to provide...

ID’s Harry Martin on New “Virtualization Practice”

Intelligent Decisions, Inc. has created a “Virtualization Practice” to prepare for its customers’ demands for green, cost-effective IT solutions while increasing security and reliability of enterprise data centers. This practice will complement the capabilities found in IDIndefinite Delivery/ Indirect Rate/ Identification’s Innovative Solutions offerings. Through aggressive...

KBR Announces “Solid” ’09 Figures

KBR (NYSE:KBR) announced fourth quarter 2009 net income attributable to KBR was $73 million, or $0.45 per diluted share, compared to net income attributable to KBR of $88 million, or $0.54 per diluted share, in the fourth quarter of 2008. Consolidated revenue in the fourth quarter of 2009 was $3.0 billion compared to $3.4 billion in the fourth quarter of 2008. Consolidated operating income was $124...

Raytheon Wins $886M GPS Deal from Air Force

Raytheon Company (NYSE: RTN) has won an initial contract of $886 million from the U.S. Air Force to develop a new element of the Global Positioning System to improve the accuracy of information from GPS satellites. The contract represents the first two development blocks of the advanced control segment (OCX), which will have a significant impact on GPS capabilities. The OCX will include anti-jam capabilities...

Lockheed Receives EDM Contract Option

Lockheed Martin (NYSE: LMT), who is developing the Airborne, Maritime/Fixed Station Joint Tactical Radio System (AMF JTRS) has received a contract option to increase the number of engineering development models (EDM) by 60 percent. Additional equipment is being developed to support early integration and testing of a revolutionary tactical network that will provide warfighters in the air, on land and...

NGC Wins Highest Workplace Safety Honor from U.S. Government

Northrop Grumman (NYSE:NOC) has been awarded the U.S. government’s highest rating for excellence in workplace health and safety. NGC’s Shipbuilding sector in Newport News, Va. achieved the prestigious STAR status, the highest level of recognition, from the Occupational Safety and Health Administration’s (OSHAOccupational Safety and Health Administration) Voluntary Protection Program...

Friday’s Featured Job: Sales VP at Oracle

Overall responsibility for the regions and areas under one group in either technology or application sales, third party alliances, or customer satisfaction. Manages strategically the development and implementation of a comprehensive organizational strategy that maximizes Oracle*s opportunities across all products and product lines in a specific geographic or industry area. Detailed Description As part...

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