ITT Appoints CFO, GC for Defense Business Ahead of Spinoff

ITT (NYSE: ITT) has announced that once the firm spins offOffice Forms Facilitator  its defense business, Peter Milligan is expected to serve as CFO, while Ann Davidson will take on the role of general counsel and corporate secretary. ITT will spin offOffice Forms Facilitator its defense and water services businesses into serparate companies by the end of 2011. “We couldn’t be more pleased to...

ManTech Pens $190 Million BPA

ManTech (NASDAQ: MANT) won a prime contract to cover work for the Office of the Secretary of Defense, Director Developmental Test and Evaluation, to provide engineering and test and evaluation services. The BPA carries a one-year base term and four option years for a total potential value of $190 million. “ManTech has extensive experience providing independent, unconflicted test...

GTEC Changes Name to Sotera Defense Solutions

John Hillen GTEC has announced a branding change that will see the firm become known as Sotera Defense Solutions. Originating in Greek mythology, the word “Sotera” is derived from Soter the spirit of safety, preservation and deliverance from harm. “We are very proud to unveil our new name and brand, Sotera, and we remain excited about the opportunities this announcement brings,” CEO...

NCI Finalizes AdvanceMed Purchase

NCI (NASDAQ:NCIT) has acquired the outstanding capital stock of CSC’s (NYSE: CSC) AdvanceMed. AdvanceMed supports services focused on the detection and prevention of fraud, waste, and abuse in healthcare programs, providing investigative services to the Centers for Medicare and Medicaid Services. NCI purchased the firm for $62 million.

Financial Announcement from Symantec

Symantec (NASDAQ: SYMC) scheduled its quarterly earnings conference call for May 11. Executives including CEO Enrique Salem will be on hand to discuss the results of its fiscal fourth quarter and fiscal year 2011, ended April 1, 2011. According to the firm, “investors will have the opportunity to listen to the conference call over the Internet through Symantec’s Investor Relations site...

Triple the Defense Work for Northrop Grumman

According to the Department of Defense, “Northrop Grumman (NYSE: NOC) was awarded a $10,688,850 time-and-material contract.  The award will provide for the tactical services in various locations in support of the Air and Missile Defense Planning and Control Systems tactical support operational requirements.  Work location will be determined with each task order, with an estimated completion...

Cisco to Boost Cloud Offering with newScale, Inc. Purchase

Cisco (NASDAQ: CSCO) reports that it intends to purchase newScale Inc., a firm focused on “software that delivers a service catalog and self-service portal for IT organizations to select and quickly deploy cloud services within their businesses.” The privately-held, California-based newScale helps customers “initiate the provisioning of their own systems and infrastructure on an as-needed...

ManTech Takes Spot on $1.1 Billion DOJ IT Project; Bill Varner Comments

Bill Varner ManTech International (NASDAQ:MANT) secured a spot on the Department of Justice’s IT support services IDIndefinite Delivery/ Indirect Rate/ Identification/IQIndefinite Quantity, ITSS-4. The deal’s base term runs through September 2011 and includes six option years, with a total ceiling value of $1.1 billion. With the deal in place, the firm will support a number of tasks...

ManTech Pens Air Force Deal

According to the Department of Defense, “ManTech (NASDAQ: MANT) is being awarded a $15,681,903 cost-plus-fixed-fee contract modification for systems engineering, product assurance, program safety, systems security, risk management, and launch integration management supporting the Launch and Range Systems Directorate located at Los Angeles Air Force Base, Cape Canaveral Air Force Station, and...

CSC Picks Up Deal to Support Navy’s ONE-NET Project

According to the Department of Defense, “CSC (NYSE: CSC) is being awarded an $11,199,981 firm-fixed-price cost reimbursable, other direct costs contract for support services for the operation, maintenance, support, and management of Outside-the-continental-U.S. Navy Enterprise Network (ONE-NET), Far East Region.  This contract contains a six-month base period and six, one-month option periods...

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