Contract Awards

L-3 Wins Pair of Army Deals

According to the Department of Defense, “L-3 Communications (NYSE: LLL) was awarded a $51, 847, 145 labor-hour contract.  The award will provide for the mechanical support, quality control inspection and other services to aircraft production at Corpus Christi Army Depot.  Work will be performed in Corpus Christi, Texas, with an …

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Northrop Grumman Inks $99 Million Air Base Support Contract

Northrop Grumman (NYSE:NOC) secured a five-year contract worth $99 million from Air Force Central Command to perform base security operations and support services at overseas U.S. air bases. According to the firm, Northrop Grumman oversee different training, management and administrative tasks. “We are extremely pleased to be selected by our …

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SRA Wins Spot on $100 Million DoD BPA

SRA (NYSE: SRX) won a BPA from the Office of the Assistant Secretary of Defense, Research and Engineering, worth an estimated $100 million over five years, if all options are exercised. According to the firm, “ASD(R&E) provides thought leadership for research and engineering efforts, and develops technical capabilities to support …

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Raytheon Secures DARPA Deal

Raytheon (NYSE: RTN) won a $7 million contract to fund its role as Mission Systems Integrator for Phase I of the Defense Advanced Research Projects Agency Persistent Close Air Support project. According to the Department of Defense, “Raytheon’s proposed PCAS solution will develop technologies that significantly reduce the timeline for …

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Harris Pens Radio Deal with DoD

Harris (NYSE: HRS) booked a $7.6 million order from the Department of Defense to provide Falcon III® AN/PRC-117G multiband manpack radio systems. According to the firm, “the DoD is acquiring the radios to provide deployed forces with expanded wireless tactical communications capabilities such as video, e-mail and collaborative chat.” “The …

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General Dynamics to Roll Out Financial Numbers April 27

General Dynamics (NYSE: GD) will present its first quarter 2011 financial numbers via webcast on April 27 at 9 a.m. EDT. CEO Jay L. Johnson, CFO Hugh Redd and investor relations lead Amy Gilliland will go over the numbers and take questions from financial analysts.

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VMware Sees Growth in New Fiscal Report

VMware (NYSE: VMW) released financial results for the first quarter of 2011, with revenues listed at $844 million, a 33 percent jump from the first quarter of 2010. “The quarter’s strong performance underscores the value that VMware is providing customers on their journey to cloud computing, ” CEO Paul Maritz …

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General Dynamics Pins Down Army Work

According to the Department of Defense, “General Dynamics (NYSE: GD) was awarded an $8, 400, 000 cost-plus-fixed-fee contract.  The award will provide for the technical support for the Abrams Tank program.  Work will be performed in Sterling Heights, Mich., with an estimated completion date of Dec. 19, 2011.  One bid …

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L-3 Communications Secures Defense Win

According to the Department of Defense, “L-3 Communications (NYSE: LLL) (N00189-07-D-0029) are each being awarded modifications under previously awarded indefinite-delivery/indefinite-quantity, cost-plus-fixed-fee pricing multiple award contracts to provide submarine mechanical/electronics system engineering, analytical, logistics and technical support services to Norfolk Ship Support Activity (NSSA).    L-3 Communications will be awarded $75, 000, …

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Lockheed Pens Defense Deal

According to the Department of Defense, “Lockheed Martin (NYSE: LMT) is being awarded a $23, 827, 559 firm-fixed-price order against a previously issued basic ordering agreement (N00019-09-G-0014) for the procurement of 76 acoustic processor and receiver tech refresh retrofit kits for the AN/USQ-78(V) acoustic processor for P-3C Update III Program.  …

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