Ted Davies Joins Altamira Technologies as CEO

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Ted Davies, former president of Unisys Federal Systems, has been named chief executive at McLean, Va.-based Altamira Technologies, according to Washington Technology. Davies will start in his new role next week, according to the article. Unisys announced earlier this week that PV Puvvada would be succeeding Davies at Unisys on an acting basis. Chris D’Agostino is Altamira’s president and chief...

Raytheon Issues Dividend to Shareholders

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The board of directors at Raytheon (NYSE: RTN) has approved a quarterly cash dividend of 61 cents per share on the company’s common stock. Raytheon said Wednesday that stockholders of record at the close of business on Oct. 1 will receive the dividend Oct 30. The Waltham, Massachusetts-based defense firm reported $24 billion in sales for its 2013 fiscal year. LinkedInShareTweet+1E-mail

Bell Boeing Awarded $70M Osprey Improved Inlet Solution Contract

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The Naval Air Systems Command has contracted the Bell-Boeing Joint Project Office to perform upgrades on the V-22 Osprey aircraft under a $69.7 million cost-plus-fixed-fee delivery order. The deal encompasses work laid out from a previously issued basic ordering agreement to improve the ventilation design for the aircraft used by Air Force and Navy services, the Defense Department said Tuesday. Specifically,...

Boeing Awarded $65M Army Loading System, Ballistic Protection Kit

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Boeing (NYSE: BA) has won a $65.4 million contract to provide ballistic protection equipment for the U.S. Army. The firm-fixed-price contract, which involved an online bidding process, is for over 400 pieces of cargo on/off loading system A and B kits and another 22 COOLS ballistic protection system kits, the DoD said Tuesday. The Army Contracting Command, the contracting activity, has earmarked $65,358,994...

PV Puvvada Named Unisys Federal Systems Acting President

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Ted Davies will leave Unisys (NYSE: UIS) on Friday after serving as president of the company’s federal systems unit for six years, Washington Technology reported Tuesday. A company spokesperson confirmed Davies’ planned departure but said that Davies has not disclosed where he is heading next, according to the report by Nick Wakeman. PV Puvvada, Unisys group vice president for civilian...

Boeing Builds Plan to Sell Spare Parts to Iran Air

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The United States moved closer to renewing trade ties with Iran following Boeing’s (NYSE: BA) announcement that it plan to sell aircraft components to the Islamic republic’s flag carrier, the Wall Street Journal reported Thursday. Benoit Faucon writes the contractor has agreed to produce spare parts and related safety equipment for Iran Air’s airplane fleet. Discussions on a possible sale are...

BAE Wins $40M Contract For Common Missile Warning System Hardware; Bill Staib Comments

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BAE Systems has won several contracts totaling $40 million to supply the U.S. Army with the Common Missile Warning System‘s third-generation configuration as part of a larger $496 million order for 1,300 Gen3 systems. “As a result of these contracts, we’ll continue to deliver Gen3 systems in support of U.S. Army and foreign military sale requirements over the next two years,”...

Mac Curtis: The SI Organization Changes Name to Vencore

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Mac Curtis The SI Organization has rebranded itself as Vencore to highlight the systems engineering provider’s renewed focus on its core business in engineering, cybersecurity and data analytics. The Chantilly, Virginia-based firm said the name change, announced Wednesday, is the culmination of recent business purchases that called for a logo that would encompass its newly acquired solutions...

Tameika Hollis Named EM&L VP for Northrop’s Electronic Systems Sector

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Tameika Hollis, an 11-year veteran of Northrop Grumman (NYSE: NOC), has been promoted to vice president for engineering, manufacturing and logistics within the firm’s electronic systems segment. Her promotion is effective immediately and she will oversee EM&L-related functions in the organization’s advanced concepts and technologies division, Northrop said Tuesday. She will also lead...

Report: Japan Plans to Buy Northrop-Made Global Hawk Drones

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Japan plans to invest approximately 372 million dollars over the next decade to buy new unmanned aerial vehicles as part of a military fleet expansion, Defense One reported Monday. Daniel Medina writes that an IHS Jane’s senior analyst has indicated that the Japanese government is interested in acquiring Northrop Grumman-made (NYSE: NOC) Global Hawk UAVs as well as missile-tracking drones. “They...