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CACI to Buy Va. Business Analytics Firm Delta Solutions; Dan Allen Comments
Dan Allen, CACI
CACI International Inc. (NYSE: CACI) announced Thursday itInformation Technology has signed a definitive agreement to acquire financial management and business analytics services provider Delta Solutions and Technologies Inc. for an undisclosed amount.
CACI said itInformation Technology expects the deal to increase its earnings per share...
BAE Systems Wins $850 Million Army Contract
BAE Systems won a deal from the U.S. Army to manage, operate and maintain the Radford Army Ammunition Plant in southwest Virginia.
According to the firm, “the operating contract includes a 10-year base plus three five-year options, which, if fully exercised, will extend the award thru 2036. Initially, the Army has awarded...
ITT CEO Loranger to Speak at Electrical Products Group Conference
ITT Corporation (NYSE: ITT) CEO Steve Loranger is set to present at the 2011 Electrical Products Group Annual Spring Conference in Longboat Key, Fla. on Monday, May 16, the firm reports.
Loranger’s comments will begin at 9:00 a.m. EDT.
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Black Box Reports Record Numbers
Black Box (NASDAQ: BBOX) noted “record” revenues of $1.1 billion in fiscal 2011, an 11 percent boost, with 9 percent organic revenue growth.
“I am proud to announce our record revenue for Fiscal 2011,” CEO Terry Blakemore said. “Our results for the year demonstrate the power of our diversified solution offering...
GeoEye Names Andy Dougherty to Leadership Role
GeoEye (NASDAQ: GEOY) named Andy Dougherty vice president of Federal Information Services, Business Development.
“We are adding federal sales leadership to drive broader adoption of our online access and analytics solutions across the Department of Defense, Intelligence, Homeland Security, and federal civil communities,” Sales lead Chris...
Raytheon Books Work from Boeing
Raytheon (NYSE: RTN) won a contract from Boeing (NYSE: BA) for the second procurement in the four-year Multi-Year III program to produce and deliver APG-79 active electronically scanned array radars for F/A-18 Super Hornet tactical aircraft.
According to the firm, “the APG-79 AESA radar hardware has 10-15 times greater reliability compared to...
Raytheon Books $110 Million Missile Deal
According to the Department of Defense, “Raytheon (NYSE: RTN) is being awarded a cost-plus-award-fee modificationTypes:
Administrative Change : A unilateral contract change that does not affect the contractual rights of the parties.
Change order: A written order, signed byBudget Year the CO, directing that the contractor to make a change...
Lockheed Snaps Up Air Force Work
According to the Department of Defense, “Lockheed Martin (NYSE: LMT) is being awarded a $19,586,819 firm-fixed-price contract modificationTypes:
Administrative Change : A unilateral contract change that does not affect the contractual rights of the parties.
Change order: A written order, signed byBudget Year the CO, directing that the contractor...
Cisco Release Financial Stats
Cisco reported third quarter results for the period ended April 30, 2011, with net sales of $10.9 billion and net income of $1.8 billion.
“This quarter played out as we expected,” CEO John Chambers said. “We have acknowledged our challenges. We know what we have to do. We have a clear game plan, and we are a company with a track record...
Symantec Sees Positives in Financial Report
Symantec (NASDAQ: SYMC) reported results of its fourth quarter and the fiscal year 2011, ended April 1, 2011.
According to the firm, “GAAP revenue for the fiscal fourth quarter was $1.67 billion, up 9 percent year-over-year and up 8 percent after adjusting for currency. For the fiscal year, GAAP revenue was $6.19 billion, up 3 percent year-over-year...






