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Executive Moves

Intracom Wins $55.7 Million Contract From Raytheon

Raytheon has outsourced manufacturing of subsystems for the latest version of the launchers of the Patriot air and missile defense systems to Greece based, Intracom Defense Electronics. The deal is worth $55.7 million and will service the Patriot program in the UAE. The project is expected to last three and …

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American Systems awarded $20 million blanket purchase agreement

American Systems announced today that the U.S. Department of Agriculture’s IT Services had awarded it a blanket purchase agreement that could potentially be worth $20 million. The agreement obligates American Systems to install and provide end-user support on communications systems. This will allow the Department of Agriculture’s service center agencies …

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Northrop Grumman Awarded $33.9 Million Extension

The city of Indianapolis and Marion County, Ind. have awarded Northrop Grumman an extension to an existing five year contract that was originally awarded in 2004. The ad-on calls for the global security provider to furnish IT services that will work to improve customer service, technology efficiencies, risk avoidance and …

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Raytheon Accomplishes Successful Underwater Missile Test

Raytheon Company successfully tested an underwater launch of its Raytheon AIM-9X air-to-air test missile shape at the U.S. Army’s Test Center in Aberdeen, MD. The missile was released from a submerged Tomahawk Capsule Launching System. This technology is part of the Department of the Navy’s Program Executive Offices of Submarine’s …

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Army Seeking New E-Mail System

The US Army is currently seeking proposals for a contract to develop and maintain a new email system for the Department of the Army. Lt. General Jeffrey Sorenson announced at a meeting of the Armed Forces Communications and Electronics Association that the Army is looking to award a contract for …

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Potentially $120 million headed to SAIC via U.S. Marine Corps

This morning, the U.S. Marine Corps awarded Science Applications International Corp. (SAIC) a contract with a potential value of more than $120 million. The contract, which is worth over $22 million in the first year, requires SAIC to be the program support integrator for programs to counter radio controlled improvised …

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Boston Business Journal Honors Raytheon Partnership with Patriots

The Boston Business Journal has given Raytheon Company and The New England Patriots the corporate citizenship partners of the year award for their “Science of Sports” program geared towards Boys and Girls Clubs. This program is under Raytheon’s MathMovesU initiative which works to engage students in math and science by …

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Air Force contracts SRA for $19 million

Yesterday, SRA International announced a $19 million contract it has been awarded by the U.S. Air Force Deputy Chief Staff for Intelligence, Surveillance, and Reconnaissance. The contract obligates SRA to develop a one-stop source that will provide planning, programming, and operational employment of Air Force reconnaissance equipment. The same goes …

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Raytheon Acquires BBN Technologies

Raytheon, which recorded over $23 billion in revenue for 2008, announced recently that it has settled on terms to purchase BBN Technologies, a R & D company involved in the development of the internet. Raytheon is looking to build its capacity as a leading player in technology services to the …

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