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Financial Report

Royal Navy places first-ever order of BAE Systems’ Q-Sight System

There was cause for celebration at BAE Systems on Wednesday, as two years after starting development, the company announced the first order of its new Q-Sight helmet-mounted displays. The order came from the United Kingdom Ministry of Defense, which ordered 12 of them for the Royal Navy’s Lynx Mk8 helicopters. …

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Contract modification nets L-3 Communications $8.7 million

On Wednesday, L-3 Communications Systems was awarded a contract modification by NASA worth an estimated $8.7 million. The modification extends the existing contract through Dec. 31 of this year. It had initially been for a 23-month base period that ended on Dec. 31 of 2007, with three one-year options. The …

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Hunting for the Next Generation of Cyber Professionals

The 6th Annual Cyber Security Awareness Week, developed and run by students at the Polytechnic Institute of New York University, is set to kick off later this month. The graduate students in the Information Systems and Internet Security Lab, sponsored by the National Science Foundation, developed a series of cyber …

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IBM and Qantas team up

This morning, IBM announced that it has been contracted by Australian airline Qantas to provide project delivery functions, falling in line with its overarching goal of improved business efficiency. The contract stipulates that IBM draw on and apply its project management delivery expertise and industry knowledge to Qantas’ work in …

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$93 million SM-6 Systems contract awarded to Raytheon by Navy

The U.S. Navy has given Raytheon the task of building Standard Missile-6 Systems, awarding the company a $93 million contract for its services, which is the first of multiple planned low rate initial production contracts (LRIP) for this work. “Standard Missile-6 has been on budget and on schedule since the …

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American Systems awarded $23.5 million by Navy

On Wednesday, it was announced that American Systems had been awarded 10 task orders by the Naval Facilities Engineering Command Specialty Center Acquisitions worth an estimated $23.5 million. Nine of the orders are funded by the American Recovery and Reinvestment Act of 2009, and all 10 fall under an existing …

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