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Tag Archives: federal news

Paradigm Inks Deal to Help Keep Nukes Safe; CEO Peter LaMontagne Comments

Paradigm won $14 million subcontract from Virginia-based OnPoint Consulting, Inc. The deal has a five-year term. The contract functions in support of the Department of Energy (DOE) National Nuclear Security Administration (NNSA) Information Assurance Response Center (IARC). The facility keeps an eye on the Nuclear Security Complex (NSC) computer firewall ...

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Raytheon Picks Up $1.7 Billion NASA Contract

Raytheon Company (NYSE: RTN) won a pair of deals worth a potential total value of more than $1.7 billion over the next eight years. According to the firm, “these contracts, replacing previous government contracts worth approximately $1.4 billion, were awarded by NASA on behalf of the National Oceanic and Atmospheric ...

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SAIC Continues Cyber Growth with New Center; Larry Cox Comments

SAIC (NYSE: SAI) is set to open its new Cyber Innovation Center (CIC) in Columbia, Md. A host of notable attendees will be participating in the celebration, including Sen. Barbara Mikulski and Gov. Martin O’Malley, along with SAIC CEO Walt Havenstein and Senior Vice President Larry Cox. The CIC is ...

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GTEC Agrees to Buy Cybersecurity Firm Zytel; John Hillen Remarks

Global Defense Technology & Systems, Inc. (NASDAQ: GTEC) has a deal in place to purchase Zytel Corporation (Zytel) for $26.8 million. Zytel focuses on “cybersecurity, mission systems in support of the critical intelligence, counterterrorism, and cyber warfare missions of its national security clients.” GTEC anticipates the transaction will be in ...

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BAE Readies for Work on Lucrative Mine-Resistant Vehicle Enhancement Contract

BAE Systems picked up a $629 million contract from the U.S. Mine Resistant Ambush Protected (MRAP) Joint Program Office (JPO) to enhance 1,700 Caiman MRAP vehicles. According to the firm, “the upgraded vehicle, called the Caiman Multi-Terrain Vehicle (MTV), integrates a refurbished and improved armored capsule from an existing Caiman ...

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SAIC’s Financial Numbers Rise, Walt Havenstein, Mark Sopp Comment

SAIC (NYSE: SAI) published some positive financial findings for the second quarter of FY11. “We continue to balance our resource allocation among internal growth efforts, merger and acquisition activity, and share buybacks to promote long-term growth and increased shareholder value,” said Walt Havenstein, SAIC chief executive officer. “I am pleased ...

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Hughes Books Lucrative Recovery Act Broadband Program Contract

Hughes Network Systems (NASDAQ: HUGH) won a $58.7 million to provide high-speed satellite Internet service under The American Recovery and Reinvestment Act of 2009 and administered  by the Department of Agriculture’s Rural Utilities Service (RUS). According to the firm, “this award is part of the government’s investments in broadband projects ...

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General Dynamics Snags Army INSCOM Deal, Tom Kirchmaier Comments

General Dynamics (NYSE: GD) secured a $61.8 million task order to support the U.S. Army Intelligence and Security Command (INSCOM). The contract will last for a four-year period. According to the firm, “General Dynamics will provide the sustaining, uninterrupted information technology (IT) operations and maintenance support that INSCOM and its ...

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ManTech Secures DISA Deal; Bill Varner Speaks

ManTech (NASDAQ:MANT) won a deal worth $23 million contract to support the Department of Defense (DoD), Defense Information Systems Agency (DISA), Manpower, Personnel and Security (MPS), Security Division. The contract has an initial one-year base period with four one-year renewal options. According to the firm, “ManTech will support the start-up ...

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Serco’s Mentorship Agreement with VETS Approved by Feds; Ed Casey Comments

Serco Inc’s Mentor-Protégé Agreement with Veterans Enterprise Technology Solutions, Inc. (VETS) has been approved by the Department of Homeland Security (DHS) Office of Small and Disadvantaged Business Utilization. “Serco and VETS’ commitment to a formal mentoring relationship will provide beneficial business development opportunities for both companies, and enhance the range ...

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