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 which, if exercised, bring the total estimated value of the contract to $22, 379, 705. Work will be performed in Yokosuka, Japan (61 percent); Guam (16 percent); Atsugi, Japan (6 percent); Misawa, Japan (4 percent); Sasebo, Japan (4 percent); Korea (4 percent); Okinawa, Japan (3 percent); and Singapore (2 percent). Work is expected to be completed by March 2012. Contract funds will not expire before the end of the fiscal year. This contract was solicited through General Services Administration e-Buy website, with one offer received. The Fleet and Industrial Supply Center Norfolk, Va., is the contracting activity (N00189-11-F-0087).”
CACI International Inc. (NYSE: CACI) announced Thursday it has signed a definitive agreement to acquire financial management and business analytics services provider Delta Solutions and Technologies Inc. for an undisclosed amount. CACI said it expects the deal to increase its earnings per share in the year after the expected July 1 close and open new
BAE Systems won a deal from the U.S. Army to manage, operate and maintain the Radford Army Ammunition Plant in southwest Virginia. According to the firm, “the operating contract includes a 10-year base plus three five-year options, which, if fully exercised, will extend the award thru 2036. Initially, the Army has awarded approximately $850 million
ITT Corporation (NYSE: ITT) CEO Steve Loranger is set to present at the 2011 Electrical Products Group Annual Spring Conference in Longboat Key, Fla. on Monday, May 16, the firm reports. Loranger’s comments will begin at 9:00 a.m. EDT.