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Ross Wilkers

David Melcher Comments on Completed ITT Spinoffs

  ITT Corp. (NYSE: ITT) has completed its previously announced separation plan, retaining its core industrial offerings and spinning off its defense and information solution business into ITT Exelis and its water technology and services business into Xylem. Open trading of Exelis (NYSE: XLS) and Xylem (NYSE: XYL) shares will begin Tuesday. ITT Corp. …

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Boeing Subsidiary to Update Air Force Airlift Planning System

Boeing’s (NYSE: BA) wholly owned subsidiary Tapestry Solutions has been selected as part of an industry team to support and upgrade the U.S. Air Force Air Mobility Command’s consolidated air mobility planning system. A subcontractor to SAIC, Tapestry was awarded a six-year contract valued at up to $15 million. Tapestry’s …

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Altegrity Promotes Keith Bernius to Treasurer, VP of Finance

Altegrity Inc. has named Keith Bernius as its treasurer and vice president of finance, effective Nov. 1, 2011. Bernius will oversee all company treasury operations, including the company’s capital structure, cash and foreign exchange management, and its relationships with investors and credit rating agencies. He will continue reporting to Jeff Campbell, …

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ManTech to Acquire IT Firm with Spot on $6.6B SITE Contract

  ManTech International Corp. (NASDAQ: MANT) has signed a definitive agreement to acquire information technology solutions provider Worldwide Information Network Systems for $90 million cash. ManTech expects the move to increase its earnings per share in 2012. WINS will become a part of ManTech’s mission, cyber and technology solutions group led by William Varner. …

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GD Electric Boat Wins Potential $881M Nuclear Submarine Award

The U.S. Navy has awarded General Dynamics‘ (NYSE: GD) subsidiary Electric Boat a $91.2 million contract modification to provide lead-yard services for Virginia-class nuclear-powered attack submarines. The contract has a potential value of $881 million through 2014 if all options are exercised and funded. Electric Boat will develop, maintain and update design drawings and …

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CSC to Provide NASA IT, Financial Services Support; Mike Gaffney Comments

Computer Sciences Corp. (NYSE: CSC) has received a $41 million contract modification to continue providing financial management, human resources, procurement and information technology support services to NASA. The modification exercises the second option period for the NASA Shared Services Center contract. The NSSC is a cooperative partnership between NASA, CSC …

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Navy Awards $150M Technical Engineering IDlQ to Booz Allen, ManTech, Schafer

Booz Allen Hamilton (NYSE: BAH),  ManTech‘s (NASDAQ: MANT) subsidiary SRS Technologies and Schafer Corp. are among four awardees on a potential $150 million U.S. Navy indefinite-delivery/indefinite-quantity contract. Work on the cost-plus-fixed-fee, multiple award contract will be for advanced technical engineering services that support programs and initiatives at the Defense Advance Research Project Agency‘s tactical technology office. Ninety-five percent …

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GSA Awards Spots on $5B Telecom Contract to 21 Firms

The General Services Administration has awarded 21 companies positions on the $5 billion Connections II telecommunications and network support contract. The GSA calls the award a “one-stop shop for buying telecommunications, network and communications solutions”, which will support existing infrastructure and customized agency needs. The companies will compete for task orders …

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Bill Varner Comments on ManTech’s Potential $400M Ambiance Contract

The U.S. Defense Department has awarded ManTech International Corp. (NASDAQ: MANT) the AMBIANCE contract to provide full spectrum system integration services that support its analytic modernization efforts. The contract has a potential value of $400 million and has a one-year base period with a six-year option. “ManTech is proud to …

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Harris, AT&T Forming Public Safety Alliance

Harris Corp. (NYSE: HRS) and AT&T (NYSE: ATT) are forming an alliance to develop LTE wireless solutions for agencies and first responders who require timely access to emergency information. The companies will combine efforts to produce broadband and mission-critical communications systems that can deliver high-speed video and data. Harris said …

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