According to the Department of Defense, “Sikorsky Aircraft is being awarded a $7, 073, 193 firm-fixed-price modification to a previously awarded indefinite-delivery/ indefinite-quantity contract (N00019-07-D-0004) to exercise an option for the fiscal 2011 VH-60N executive helicopter special progressive aircraft rework, including vendor repairables and component overhaul. Work will be performed in Stratford, Conn., and is expected to be completed in February 2012. Contract funds in the amount of $7, 073, 193 will expire at the end of the current fiscal year. The Naval Air Systems Command, Patuxent River, Md., is the contracting activity.”
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.