VSE’s Mo Gauthier on New Army Deal

VSE Corporation (NASDAQ: VSEC) claimed a prime contract, one of several new multiple award omnibus contracts to continue work under the U.S. Army CECOM’s Rapid Response (“R2”) replacement program “Rapid Response-Third Generation (R2-3G).” “VSE will compete for task orders under the Indefinite Delivery/Indefinite Quantity (IDIQ) R2-3G contract over the five-year...

Harris Claims Army Deal

According to the Department of Defense, “Harris (NYSE: HRS) was awarded a $78,500,000 firm-fixed-price contract for Foreign Military Sales radio base stations, vehicle mounts, and man packs for the government of the Philippines.  Work is to be performed in Rochester, N.Y., with an estimated completion date of Nov. 1, 2010.  One bid was solicited with one bid received.  CECOM Acquisition...

Lockheed Makes Big Financial Gains; Bob Stevens Comments

Lockheed Martin (NYSE: LMT) reported the following second quarter 2010 results: “net sales of $11.4 billion, a 3 percent increase over the $11.1 billion in 2009. Earnings from continuing operations for the second quarter of 2010 were $727 million, or $1.96 per diluted share, compared to $731 million, or $1.87 per diluted share, in 2009. Cash from operations in the second quarter of 2010 was $1.2...

Booz Allen Picks Up DoD Deal, Raytheon Wins Pair

According to the Department of Defense, “Booz Allen Hamilton was awarded a $556,762 contract for the survivability/vulnerability analysis of Air Force Combat Command intelligence transformation.  At this time, $556,762 has been obligated.  55 CONS/LGCD, Offutt Air Force Base, Neb., is the contracting activity (SP-0700-03-D-1380; Delivery Order 356). “Raytheon (NYSE: RTN) was awarded...

General Dynamics Makes Business Announcement

General Dynamics (NYSE: GD) made the following announcement: “(The firm) will webcast its second-quarter 2010 financial results conference call on Wednesday, July 28, beginning at 11:30 a.m. Eastern Time. “Jay L. Johnson, chairman and chief executive officer; Hugh Redd, senior vice president and chief financial officer; and Amy Gilliland, staff vice president for investor relations, will...

Walt Havenstein Comments on SAIC Leadership Changes

SAIC (NYSE: SAI) CEO Walt Havenstein spoke following a number of structural shifts at his firm. “This new organizational structure supports our strategy to focus business resources in high growth areas in national security, energy, health markets and cybersecurity,” Havenstein said. Click here to read more about yesterday’s moves. LinkedInTweet+1E-mail

Raytheon Wins Navy Deal, Booz Allen Claims Two

According to the Department of Defense, “Raytheon (NYSE: RTN) is being awarded a $6,771,682 modification to a previously awarded cost-plus-incentive-fee contract (N00019-08-C-0034) for the incorporation of functions and interfaces required to perform routine setup and recurring certification of the Joint Precision Approach and Landing System ship system.  Work will be performed in Fullerton,...

MAXIMUS Announces Healthcare Webinars

MAXIMUS, Inc. (NYSE:MMS) has planned new health care reform webinars aimed at providing “federal, state and local government health services organizations with insights and solutions to challenges presented by health care reform.” The new schedule is as follows: Using Social Media to Reach and Engage Participants of Public Health Insurance Programs (July 23) Long-term...

Raytheon, Lockheed, ITT Win Air Force Work

According to the Department of Defense, “Raytheon (NYSE: RTN) was awarded a $29,211,458 contract modification for the surveillance radar program, a foreign military sales program managed by the Electronic Systems Center to provide Taiwan with the elements of a missile and air defense capability.  At this time, $8,324,987 has been obligated.  850 ELSG/PK, Hanscom Air Force Base, Mass., is...

L-3 picks up $200 million deal from Air Force

L-3 Communications’ (NYSE: LLL) WESCAM subsidiary has been awarded a third contract from the U.S. Air Force that will be used to purchase the firm’s MX-15Di targeting systems and MX-20D targeting systems.  The deal is valued at $200 million. According to the firm, “over an 18-month period, three ID/IQ contracts have been awarded to WESCAM, enabling the Air Force...