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Financial Report

Lockheed Martin Wins $76.2 Million Air Force Contract

Lockheed Martin Corp. has won a $76.2 million contract from the US Air Force to upgrade 17 AN/FPS 117 radars via modification kits, site assessments and related training. The Salina, NY campus will perform the work with its current staff, according to Mark Wesel of Lockheed Martin. The AN/FPS-117 is a phased array, …

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Perot Systems Launches Chinese-Language Website

Perot Systems Corporation has announced the launch of a Chinese-language website as part of the company’s expanded presence into China’s market for information technology and business-process services. David Miller, Perot Systems Managing Director for China, said “Perot Systems is in the early stages of business development with China-based organizations, and …

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DynCorp International and Fluor Corporation Win Five-Year Contracts Worth Up to $7.5 Billion

DynCorp International, Inc. and Fluor Corporation have won five-year contracts worth up to $7.5 billion for each company in support of the U.S. troop build-up in Afghanistan, according to an Army official.  Falls Church, Virginia-based DynCorp International Inc. and Irving, Texas-based Fluor Corp. each won basic one-year contracts worth $1.5 billion with …

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Technical Communities Partners with ABP International for GSA Schedule Management

Technical Communities, Inc., has announced a new government channel partnership agreement with ABP International, Inc. the leading specialty distributor for high-end technology products in IP Communications and Solutions.  The agreement enables Technical Communities to provide U.S. General Services Administration (GSA) Schedule management for ABP channel partners like Altai Technologies, CyberData Corporation, ITS …

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SAIC Buys R.W. Beck Group of Seattle

Science Applications International Corp. (SAIC) has purchased R.W. Beck Group, a Seattle engineering and infrastructure firm with 550 employees.  The firm was founded in 1942 and had revenue in excess of $110 million last year, up 4 percent from 2007. The company operates 27 offices nationwide and one in Singapore.  R.W. Beck’s customers …

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Raytheon Solipsys $98M Air Force Contract

Raytheon’s subsidiary company Raytheon Solipsys  located in Fulton, Maryland has won a $98 million contract with the Air Force Cryptologic Program System Group. The work will be conducted at Lackland Air Force Base, Texas. Raytheon Solipsys will provide command and control services for the US Air force, Army and Navy. The Fulton division specializes in  sensor …

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Lockheed Martin Selects Smart-S Mk2 Radar for Canadian Patrol Frigates

Lockheed Martin has announced a contract for the delivery of 13 Smart-S Mk2 surveillance radars to be installed on the Canadian Patrol Frigates of the Department of National Defence as part of the Halifax Class Modernization Program.  Delivery will commence in Summer 2010 and will be finished in 2015, with …

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QinetiQ Acquires Cyber Firm Cyveillance

As of July 1st Cyveillance is now a wholly-owned subsidiary of QinetiQ North America. Cyveillance provides cyber intelligence and internet risk and threat assessment to businesses around the globe. QinetiQ’s acquisition acknowledges the growing government market for cybersecurity innovation and products.  Under the agreement Cyveillance will continue to provide services to its commercial clients but …

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