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Tag Archives: Defense news

Chenega Subsidiary Wins $70M IDIQ for Air Force Linguist, Analyst Services

A Chenega Corp. subsidiary has won a potential four-year, $70 million contract to provide analyst and linguist support services to the U.S. Air Force‘s intelligence, surveillance and reconnaissance and cyberspace wings. Kapsuun Group will support ground and airborne linguists in efforts to deliver intelligence and cyberspace intelligence data to theater …

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Pentagon’s Defense Innovation Unit DIUx to get Emergency Funds

Defense Innovation Unit Experimental (DIUx,) the Department of Defense’s outreach office to Silicon Valley, needs emergency funding to keep key programs operating, and DoD is poised to grant their request, Defense News reports. The vice chairman of the Joint Chiefs of Staff, Gen. Paul Selva, said Tuesday that DIUx chief Raj …

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EY Wins $149M Contract to Audit Navy Financial Statements

Professional services firm EY has won a potential $149.4 million contract from the Defense Finance and Accounting Service to help the U.S. Navy audit the service branch’s financial statements. DFAS received two quotes for the labor-hour contract with five base months and four option years, the Defense Department said Tuesday. The …

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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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