According to the Department of Defense, “SAIC (NYSE: SAI) is being awarded a maximum $85, 000, 000 indefinite-delivery/indefinite-quantity contract to provide engineering and technical services to support Air Force Operational Test and Evaluation Center in accomplishment of operational test and evaluation activities. At this time, $500, 000 has been obligated. Work will be performed at Edwards Air Force Base, Calif., and Nellis Air Force Base, Nev. AFOTEC/A-7K, Kirtland Air Force Base, N.M., is the contracting activity (FA7046-11-D-0001).”
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.