Italian aerospace and defense group Finmeccanica is expected to appoint former Deputy Defense Secretary William Lynn as chairman and CEO of its DRS Technologies subsidiary, Defense News reports. If appointed, Lynn would replace Mark Newman, DRS’ chairman and CEO since 1995. Lynn would play a wide role in overseeing Finmeccanica’s U.S.-based... 

General Dynamics‘ (NYSE: GD) C4 systems business unit  has won a $3.7 billion U.S. Army indefinite-delivery/indefinite-quantity contract to provide hardware and software to the U.S Defense Department. The five-year award can include orders for computers, laptops, radio and other communications equipment, server platforms, routers and other... 

SAIC (NYSE: SAI) is set to release first quarter fiscal year 2012 earnings press release after close of market on June 2. According to the firm, management will discuss the financial results in a conference call beginning at 5 p.m. eastern time.  Read More »

According to the Department of Defense, “Lockheed Martin (NYSE: LMT) is being awarded a $6,553,613 cost-plus-award-fee 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... 

According to the Department of Defense, “Wyle Information Systems is being awarded a $14,022,433 cost-plus-fixed- fee contract.  This contract is for the relocation of information technology equipment and for the purchase of new ITInformation Technology equipment during the relocation of Defense Advanced Research Projects Agency headquarters from... 

According to the Department of Defense, “the Missile Defense Agency is announcing the award of a sole-source cost-plus- fixed-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... 

Raytheon’s (NYSE: RTN) Technical Services Company booked an extension to cover another 12 months of work with the National Science Foundation’s U.S. Antarctic Program. The extension is valued at $157 million. RTSC’s Raytheon Polar Services Company has supported logistics, operations, and maintenance for research programs at three U.S.... 

Lockheed Martin (NYSE: LMT) won $5.4 million from the Navy to create and second-generation anti-submarine training target. The targets are designed to recreate the movements and sounds of diesel submarines to help crews train to defend against subs. “We’ve worked with the U.S. and allied navies to provide a more affordable, flexible and... 

According to the Department of Defense, “Lockheed Martin (NYSE: LMT) is being awarded a $14,785,866 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 authorized... 

According to the Department of Defense, “ManTech (NASDAQ: MANT) is being awarded a $17,573,244 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 authorized...