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Army Offering $988M for Advanced Vehicle Radio Procurement

The U.S. Army is seeking contractors for a $988 million multiple award contract that will supply the branch with advanced vehicle radios for the next decade, reports NextGov. According to the Bob Brewin article, the award calls for single-channel vehicle radios that run the government-owned joint tactical radio system soldier radio waveform used in handheld... 

November Executive Move Recap; 21 Moves all Across GovCon

No time to waste, seeSenior Environmental Enrollee Program all 21 executive moves GovCon Wire covered in November below. Business Development  SRA International appointed Deb Alderson to guide the firm’s efforts to enter new markets and land large customer accounts in the newly created position of executive vice president of strategic development. CACI... 

GovCon Wire’s October M&A Activity Recap: Active Tech Sector, One Big Spinoff

The technology sector was one to watch in October’s merger and acquisition landscape, and a dominant player in the government contracting industry completed a significant transformation. GovCon Wire recorded 10 acquisitions in October and the first week of November, up from the eight we covered in September. Acquisitions IBM (NYSE: IBM) looked... 

ITT Corp. Completes Acquisition of Blakers Pump Engineers

ITT Corp. (NYSE: ITT) announced today that itInformation Technology has completed its acquisition of Blakers Pump Engineers, a long-time distributor of ITT’s Goulds Pumps brand in Australia, for an undisclosed amount. ITT said the move will lengthen its reach and capabilities in the Australian oil, gas and mining industries. Blakers supplies process... 

David Melcher Comments on Completed ITT Spinoffs

  David Melcher, ITT Exelis ITT Corp. (NYSE: ITT) has completed its previously announced separation plan, retaining its core industrial offerings and spinning offOffice Forms Facilitator its defense and information solution business into ITT Exelis and its water technology and services business into Xylem. Open trading of Exelis (NYSE: XLS) and... 

ITT 3Q Revenues Grow Across All Sectors Prior to Oct. 31 Spinoff

ITT Corp. (NYSE: ITT) released its third quarter financial results on Oct. 28, 2011. After subtracting $93 million in after-tax spinoff expenses and other adjustments, the company reported itInformation Technology realized $218 million in income from continuing operations, or $1.17 per share. That’s compared with $200 million or $1.08 per share... 

ITT Awarded $80M for Space Lift Range System Efforts

The U.S. Air Force has awarded ITT Systems Corp. (NYSE: ITT) an $80,707,449 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 to make a change authorized byBudget Year... 

ITT Selects Board Members for Exelis, Xylem Spinoffs

ITT Corporation (NYSE: ITT) has announced the members of the board of directors for ITT Exelis (NYSE: XLS) and Xylem Inc. (NYSE: XYL), which are planned to spin offOffice Forms Facilitator from ITT on Oct. 31. Ralph Hake, former chairman and CEO of Maytag, will become chairman of the Exelis board. Hake has been an ITT director since 2002. Steve Loranger,... 

ITT to Provide Army with UAV Surveillance Solutions

ITT Corp.(NYSE: ITT ) has won a U.S. federal contract to provide software and hardware solutions for the collection, processing and dissemination of full-motion video and wide-area airborne surveillance from unmanned aircraft. Contract items will include processing solutions for collaborative operations. The company will deliver the solutions to the... 

ITT Exelis CEO Dave Melcher to Host Investor Days Regarding Upcoming Spinoff

David Melcher of ITT Corp ITT Corp. (NYSE: ITT) will webcast a series of investor relations events on Oct. 13 and Oct. 14 to discuss its previously announced plan to separate into three independent publicly traded companies. The seperation is planned for October 31, 2011. On Oct. 13, senior management including future ITT Corp. President and CEO... 
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