Financial Report

Harris Corp. to put stamp on Super Bowl and Yankees games

Yesterday, Harris Corporation announced that Metrovision Production Group selected the the company’s 3 Gb/s-ready broadcast solutions — including the X50™ synchronizer and converter and Videotek® Compact Monitor Series — to outfit a new high-definition (HD) production truck that the media services company is building in partnership with Yankees Entertainment and …

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Cisco acquiring mobile infrastructure solutions leader Starrent Networks for $2.9 billion

Yesterday, it was announced that Cisco is to acquire Starent Networks, a leading supplier of IP-based mobile infrastructure solutions targeting mobile and converged carriers. Under the terms of the agreement, Cisco will pay $35 per share in cash in exchange for each share of Starent Networks and assume outstanding equity …

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CGI Group, Daimler Financial Services secure long-term relationship

Yesterday, CGI Group, Inc. announced that it has extended its relationship with Daimler Financial Services (DFS) for five more years, to 2017. CGI provides a full end-to-end applications management service for international Vehicle Asset Financing, providing DFS with a cost-effective service to streamline and standardize its business processes, while at …

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Perot Systems turns to Shana Dale Fagan for Space and Earth Technology Services leadership

On Wednesday, Perot Systems announced that it has brought Shana Dale Fagan aboard the Government Services Business Unit as its new senior vice president of Space and Earth Technology Services (SETS) Sector, one of the sectors within Government Services’ Federal Civilian Division. Fagan will now be responsible for leading a …

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Serco to support Navy’s humanitarian and disaster relief operations

On Wednesday, Serco, Inc. announced that it has been awarded the Navy Expeditionary Medical Support Command (NEMSCOM) Deployable Medical Systems contract. The one-year contract, with four one-year option periods, is worth potentially $15 million. Under the terms of the contract, Serco will be responsible for producing deployable medical systems (DEPMEDS) …

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Army banking on QinetiQ North America’s intelligence

On Wednesday, QinetiQ North America announced that it has been awarded a contract by the Army Sustainment Command (ASC), a major subordinate command of the Army Materiel Command, worth almost $10.3 million. The contract calls for QinetiQ North America’s subsidiary, Analex Corporation, to provide a broad range of intelligence analysis …

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Marketing expert Patricia Davis-Muffett joins USIS

Today, USIS announced that it has named Patricia Davis-Muffett as vice president of marketing and strategy. In her new role, she will leverage her experience in new product development and launch, thought leadership initiatives, and deal-based marketing to further the USIS position in the government marketplace, as well as lead …

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General Dynamics to provide $647 million worth of Stryker vehicles for Army

Last week, General Dynamics announced that its Land Systems subsidiary has been awarded a contract for 352 Stryker vehicles by the U.S. Army TACOM Lifecycle Management Command. The contract is worth $647 million. Stryker is a family of eight-wheel drive combat vehicles that can travel at speeds in excess of …

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Dept. of Agriculture modernizing communications through use of ESI Communications Servers

Today, Estech Systems, Inc. (ESI), announced that the U.S. Department of Agriculture (USDA) will deploy ESI Communications Servers to modernize its communications. This is directly related to last month’s announcement by ESI Reseller American Systems that it has been awarded a highly competitive blanket purchase agreement, with a potential value …

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New wind turbine orders for Siemens Energy could provide power for almost 200, 000 people

Today, Siemens Energy announced that it has been awarded six new wind turbine orders (two in Canada and four in the U.S.), totaling more than 565 megawatts (MW) rated capacity. The total value of the orders is more than $900 million. In Ontario, Canada, Siemens will supply 44 units of …

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