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Tag Archives: Defense news

House Oversight Blames DoD for FITARA Score Failure

The House Oversight and Government Reform Committee took DoD to task for their failing FITARA scores and lack of transparency in spending. The DoD moved $15 billion in IT spending to the classified National Security System, which has an exemption to FITARA reporting, reported Defense News, and lawmakers were unhappy with …

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Air Force F-35A Fighter Jet to Head to Paris Air Show

The Air Force’s F-35A fighter jet will fly at the Paris Air Show in June, although earlier statements from the F-35 Joint Program Office said that the Lockheed Martin fighter jet would not be at the event, The Hill reports. “The F-35A strengthens partnerships and improves regional stability,” Air Force Chief of Staff …

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General Dynamics Wins Follow-On $3.7B Army Hardware, Software IDIQ

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 items. The company may also provide system integration, …

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Financial News from SAIC

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.

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Lockheed Inks Defense Work

According to the Department of Defense, “Lockheed Martin (NYSE: LMT) is being awarded a $6, 553, 613 cost-plus-award-fee contract modification to incorporate the operational flight program 3.5.3 Phase 2 into the C-5 Reliability Enhancement and Reengining Program contract.  At this time, $6, 553, 613 has been obligated.  Work will be …

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Wyle Wins Work from Defense Advanced Research Projects Agency

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 IT equipment during the relocation of Defense Advanced Research Projects Agency headquarters from 3701 North …

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Boeing Scoops Up MDA Modification

According to the Department of Defense, “the Missile Defense Agency is announcing the award of a sole-source cost-plus- fixed-fee modification to Boeing (NYSE: BA) under Contract HQ0147-09-C-0007 (P00028).  The not-to-exceed value of the award is $27, 242, 000.  Under this modification, The Boeing Company will provide support for the Sea …

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Raytheon Books $157 Million to Continue Antarctic Research Support

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. stations and …

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Lockheed to Build Sub Training Targets with New Deal

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 …

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