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Financial Report

AEA Technology Benefits From ‘Green’ President

Well at least one company is benefiting in this recession, that company is AEA Technology, the energy and climate change consultancy and an original subdivision of the UK’s Atomic Energy Association . With the purchase of US Project Performance Corporation (PPC) in August of 2008, AEA is carrying out President Obama’s pledge to create a ‘greener’ and …

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Raytheon Commits to Cyber Security

Steven Hawkins, vice president of Raytheon’s Information Security Solutions in the Intelligence and Information Systems unit, said at the Paris International Air Show that cyber security will increase to become one of Raytheon’s main revenue producing-divisions in the coming years. “It is a significant focus area for the corporation, ” Hawkins said, …

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CSC Wins $7 and $28 Million Contract with Diageo

Computer Sciences Corporation (CSC) signed a $7 million contract with Diageo to design, activate and manage Diageo’s worldwide supply-chain system for 4.5 years.  The agreement will provide Diageo with increase in exposer, supply-demand ratios and reduce costs through CSC’s designed supply-chain. Diageo also renewed its $35 million information technology outsourcing contract with CSC for the …

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GTT to Provide Mobility Services to Pilkington

Global Telecom & Technology, Inc., a leading global network integrator, has announced that it will provide Mobility Services to Pilkington’s global workforce. Pilkington is a worldwide manufacturer of glass products for the building and automotive markets and part of the NSG Group of Japan. GTT Mobility Services allows out-of-office workers to seamlessly and …

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IBM Completes $2 Billion Saudi eGovernment Contract

IBM Corp. has finished deploying core communications and security infrastructure that will modernize Saudi Arabia’s government administration. The $2 billion Yesser eGovernment Program will eventually provide everyone in Saudi Arabia with access to government services, according to a statement from IBM officials. The project will support electronic support for nearly 1, 000 government …

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Alion wins $8.6 Million Navy Contract Modification

Alion Science and Technology Corp. has received an $8.6 million addition to a previously awarded contract through Naval Sea Systems Command to support the Navy’s Littoral Combat Ship program office.  Alion will support of LCS in program planning and management, and business and financial management planning and execution. The award also includes …

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ITT Wins $363 Million Army Tactical Radio Contract

ITT Corp. will continue to support the Army’s tactical radio system under a new two-year, $363 million contract from Army Communications-Electronics Life Cycle Management Command at Fort Monmouth, N.J. ITT will provide systems control and enhancements as well as logistics support and training for the Single-Channel Ground and Airborne Radio System (Sincgars), a …

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Harris Corp. to Fill $13.5 Million Air Force Communications Contract

Harris Corp. will fill a $13.5 million Air Force order for radios and a new digital intercom system for its ground vehicles.  Under the contract, Harris will provide its Falcon III AN/VRC-110 multiband, multimode vehicular radios, according to company officials. The contractor also will furnish its new RF-7800I Tactical Intercom System …

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General Dynamics Buys Axsys for $643 Million

A General Dynamics business unit will acquire Axsys Technologies, Inc, a developer of electro-optical and infrared sensors, systems, and surveillance and reconnaissance cameras for $643 million.  The move will enhance the defense contractor’s intelligence, surveillance and reconnaissance capabilities, officials with General Dynamics Advanced Information Systems said today. General Dynamics AIT …

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SRA wins $63 Million Contract to Upgrade DoD Joint Staff IT Functions

SRA International Inc. has won a 31-month task order potentially worth $63 million under the Encore II contract vehicle to provide new communications infrastructure for the Defense Department’s Joint Staff Information Network. SRA will support the Joint Staff goal to fully integrate IT functions delivering project management, development, testing, sustainment, …

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