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Ross Wilkers

Kratos 3Q Revenue Up 76%

Kratos Defense & Security Solutions (NASDAQ: KTOS) released its financial results for the third quarter ended Sept. 30, 2011. The company reported quarterly revenue of $211 million, up nearly 76 percent from its third quarter 2010 revenue of $119.9 million. The company also reported adjusted EBITDA,  earnings before certain taxes and …

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ITT Exelis Elects Five New Board Members, David Melcher Comments

ITT Exelis, which completed its spinoff from ITT Corp. Monday, has elected five new members to its board of directors, bringing the total number of directors to 11. New Exelis directors elected include: Herman E. Bulls, founder and CEO of the public institutions group at Jones Lang LaSalle Patrick J. …

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URS Wins $43M Marines C4ISR Contract, Randy Wotring Comments

  URS Corp. (NYSE: URS) has won a maximum $42.9 million contract from the Naval Surface Warfare Center in Crane, Ind. to support U.S. Marine Corps C4ISR systems. The contract has one base year and one year option period. URS will provide acquisition, engineering and program management services for new systems …

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CACI Announces $635M Army C4ISR, Mobility, Cyber Contracts; Paul Cofoni Comments

CACI International Inc. (NYSE: CACI) has been awarded approximately $635 million in previously unannounced contracts with the U.S. Army to provide solutions and services in the areas of mobility, cyber and C4ISR. CACI will provide research, development, training and operational support for sensors systems, signals intelligence systems and ground-based battlefield intelligence. This …

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Raytheon Wins $307M IDIQ for Missile Defense Testing, Radar Software

The U.S. Missile Defense Agency has awarded Raytheon’s (NYSE: RTN) integrated defense systems business unit an indefinite-delivery/indefinite quantity contract with a total ceiling award value of $307, 580, 000. Raytheon will perform sustainment efforts to maintain software required to operate the X-band family of radars and ballistic missile defense system …

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CACI Wins $139M to Manufacture Navy C4ISR Comms; Paul Cofoni Comments

CACI International Inc. (NYSE: CACI) has been awarded a $139 million  delivery order to continue supporting the U.S. Naval Air Warfare Center aircraft division’s special communications requirement division. The one base year and four option year delivery order was awarded under the Navy’s SeaPort Enhanced contract vehicle. CACI will design, …

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DHS Accepting Proposals for $3B FirstSource II Contract

The U.S. Department of Homeland Security has released a draft request for proposals for the FirstSource II program,  a seven-year $3 billion program. The original FirstSource program launched in 2005 and is set to expire in 2012. The draft RFP says DHS officials will be required to use the FirstSource vehicle before looking to …

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GeoEye 2011 Revenues Grow 5%

GeoEye (NASDAQ: GEOY) released its third quarter financial results on Nov. 1, 2011. The company reported it has generated $259.6 million in revenue in the nine months ending Sept. 31, a 4.8 percent increase over the the $247.8 million it reported for the prior year period. “We renewed our service level agreement with …

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Navy Capt. Hendricks: Price Major Factor in Awarding NGEN

The U.S. Navy will use price as its standard when it awards the Next-Generation Enterprise Network contract, according to Capt. Shawn Hendricks,  manager of the Naval Enterprise Networks Program Office. At a industry briefing Friday, Hendricks said the network will likely cost $10 billion over five years, double what the …

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CACI Wins $350M in Intelligence IT Contracts; Paul Cofoni Comments

  CACI International Inc. (NYSE: CACI) has been awarded approximately $350 million in previously unannounced contracts to provide professional services and IT solutions to intelligence community clients. The contracts include orders for collection, analysis, training, analytic tool development and knowledge management. A company release says the total value includes $245 …

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