Contract Awards

Lockheed Lands $142 Million Apache Helicopter Contract

Lockheed Martin has been awarded a $142 million follow-on contract by the U.S. Army to produce Apache Arrowhead systems for the Apache attack helicopter. The contract extends production of the systems through December 2011. The Apache Arrowhead system is a sight and pilot night vision sensor for the AH-64D Apache …

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BAE Wins Contract to Provide Treasury Department IT Services

BAE Systems has won a contract to provide managed information technology services for the U.S. Department of Treasury. If all options are exercised, the contract is expected to be worth $325 million over seven years. The new contract follows the Treasury Seat Management contract that BAE has held for 10 …

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General Dynamics Given $55 Million to Reset Stryker Vehicles

General Dynamics will reset 330 Stryker Vehicles in a $55 million reset contract awarded to them by the U.S. Army. Through the contract, General Dynamics will service, repair, and modify the Stryker infantry combat vehicles that are returning from combat in Iraq. The refurbishment will be conducted by General Dynamics …

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Oracle To Buy Integration Company GoldenGate Software

Oracle announced on Thursday that it plans to acquire the integration software vendor GoldenGate. Price details have yet to be released but Oracle hopes that the merger will be closed by the end of this year. San Francisco-based GoldenGate provides customers such as Bank of America and Comcast Corporation with software that …

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Software AG Reports Profit Increase For Q2

Software AG has reported a 5% increase in net profits for the second quarter of this year and $176.4 million in revenues. The announcement comes after Software AG’s recent acquisition of IDS Scheer. Product revenue, which includes license and maintenance,  increased by 9%, compared with a 7% decrease from its service business. Software AG has already acquired 10% of IDS …

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Kundra Requests Overview Of Current Management Methods

The first Federal Chief Information Officer Vivek Kundra has requested that the Federal Knowledge Management Working Group conduct an extensive review of all government agencies regarding how they collect and share data, and what applications and methods are used for which projects. Jeanne Holm, co-chair of the working group,  announced Kundra’s request at the …

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