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Ross Wilkers

Cisco, USAID to Grow Russia High-Tech Sector With $50M Deal

Cisco Systems has signed a $50 million deal with the U.S. Agency for International Development to provide staff and in-house services for technology related services, training centers and other projects across Russia. Cisco will contribute from $30 to $40 million, with initial allocations going to training centers the company has …

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Lockheed Pursues $8B Japanese Contract with F-35 Fleet

Lockheed Martin (NYSE: LMT) will offer a final assembly of 40 F-35 Joint Strike Fighters to Japanese firms in an attempt to secure a $8 billion contract. Lockheed has also indicated that it will offer manufacture of major components, maintenance work and engine assembly of the F-35 to Japanese firms. …

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ITT Selects Board Members for Exelis, Xylem Spinoffs

ITT Corporation (NYSE: ITT) has announced the members of the board of directors for ITT Exelis (NYSE: XLS) and Xylem Inc. (NYSE: XYL), which are planned to spin off from ITT on Oct. 31. Ralph Hake, former chairman and CEO of Maytag, will become chairman of the Exelis board. Hake has …

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L-3 Declares Quarterly Dividend

L-3 Communications (NYSE: LLL) announced its board of directors has declared a quarterly dividend of 45 cents per share, payable on Dec. 15 to shareholders of record at the close of business on Nov. 17. The company reported 2010 sales of $15.7 billion.

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Northrop Delivering Tank Sensor Assembly Units to General Dynamics

Northrop Grumman (NYSE: NOC) has begun delivering LRS-2000 rate sensor assembly units to General Dynamics’ (NYSE: GD) land systems’ business under a $23 million contract. The units are for the stabilized commander’s weapon station on the U.S. Army’s M1A1 Abrams tank. Northrop will deliver more than 2, 400 units between …

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L-3 to Provide Army with SERE Courses on $42M Award

The U.S. Army has awarded L-3 Communications (NYSE: LLL) a $42 million firm-fixed-price contract to provide its full-spectrum survival, evasion, resistance and escape courses at Fort Rucker, Ala. The classes will be taught until Sept. 31, 2015.

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Navy Releases Draft RFP for $14.5B NGEN contract

The U.S. Navy has released a draft request for proposals for the $14.5 billion Next Generation Enterprise Network program. The request includes planning information, and seeks questions and comments from contractors interested in bidding. The final request is scheduled to be released Dec. 21. The contract, which could be split …

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Salient COO Bill Parker Comments on Electronic Security Systems Purchase

Salient Federal Solutions has become the prime holder of the Integrated Electronic Security Systems contracts following its acquisition this week of the Electronic Security Systems division of Dataline, a Washington D.C.-based technology provider to the U.S. Department of Defense. Salient adds access control, alarm monitoring, intrusion detection, video surveillance, asset …

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Northrop Wins $91M Contract to Reset Army Unmanned Aircraft

The U.S. Army has awarded Northrop Grumman‘s (NYSE: NOC) technical services business a $91, 218, 878 cost-plus-fixed-fee contract. The company will reset MQ-5B Hunter unmanned aircraft systems with tactical common data links and interoperability engineering. Work will be performed in Sierra Vista, Ariz., with an estimated completion date of Dec. 30, 2012. …

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BAE Wins $270M Contract for Army Situational Awareness Vehicle Material

The U.S. Army has awarded BAE Systems a $270, 825, 641 cost-no-fee contract providing for materials for 245 Operational Desert Storm situational awareness vehicles. Work will be performed in York, Pa., with an estimated completion date of Dec. 30, 2013. The U.S. Army Contracting Command, Warren, Mich., is the contracting …

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