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KBR Announces “Solid” ’09 Figures

KBR (NYSE:KBR) announced fourth quarter 2009 net income attributable to KBR was $73 million, or $0.45 per diluted share, compared to net income attributable to KBR of $88 million, or $0.54 per diluted share, in the fourth quarter of 2008. Consolidated revenue in the fourth quarter of 2009 was $3.0 …

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Raytheon Wins $886M GPS Deal from Air Force

Raytheon Company (NYSE: RTN) has won an initial contract of $886 million from the U.S. Air Force to develop a new element of the Global Positioning System to improve the accuracy of information from GPS satellites. The contract represents the first two development blocks of the advanced control segment (OCX), …

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Lockheed Receives EDM Contract Option

Lockheed Martin (NYSE: LMT), who is developing the Airborne, Maritime/Fixed Station Joint Tactical Radio System (AMF JTRS) has received a contract option to increase the number of engineering development models (EDM) by 60 percent. Additional equipment is being developed to support early integration and testing of a revolutionary tactical network …

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NGC Wins Highest Workplace Safety Honor from U.S. Government

Northrop Grumman (NYSE:NOC) has been awarded the U.S. government’s highest rating for excellence in workplace health and safety. NGC’s Shipbuilding sector in Newport News, Va. achieved the prestigious STAR status, the highest level of recognition, from the Occupational Safety and Health Administration’s (OSHA) Voluntary Protection Program (VPP). According to NGC, …

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Friday’s Featured Job: Sales VP at Oracle

Overall responsibility for the regions and areas under one group in either technology or application sales, third party alliances, or customer satisfaction. Manages strategically the development and implementation of a comprehensive organizational strategy that maximizes Oracle*s opportunities across all products and product lines in a specific geographic or industry area. …

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Lockheed Grabs PBL Deal from Army

Lockheed Martin (NYSE: LMT) a follow-on Performance Based Logistics (PBL) contract from the Army to support the Target Acquisition Designation Sight/Pilot Night Vision Sensor (TADS/PNVS) and Modernized TADS/PNVS (M-TADS/PNVS) systems on the AH-64 Apache helicopter. The contract has a potential value of $90 million for 2010. The combined value of …

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InZero, By Light Team to Form Cybersecurity Venture

InZero Systems and By Light Professional IT Services are forming a joint venture to expand the federal government’s ability to fend off the increasing number of cyber attacks on critical computer networks. The two firms will form By Light-InZero. By Light will provide InZero with professional support and federal testing …

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Telos Promotes Rinaldi Pisani, Emmett Wood

Telos Corporation has promoted of Rinaldi Pisani to vice president of Information Assurance and Emmett Wood to vice president of Marketing. In his new position, Pisani will provide oversight and management for Telos’ information assurance (IA) solutions including Xacta IA Manager, which provides IT governance, risk management and compliance (IT …

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SAIC Wins Deal to Make Tsunami-Detecting Buoys

SAIC (NYSE: SAI) has won a contract for the production and delivery of three SAIC Tsunami Buoy (STB) systems and long-term maintenance services to the Indian National Center for Ocean Information Services (INCOIS), Ministry of Earth Sciences in Hyderabad, India. The STB systems will be deployed at locations in the …

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BAE Wins Deal to Build Mine-Resistant Vehicles for U.S.

BAE Systems Land Systems OMC, through its partnership with General Dynamics Land Systems Canada (GDLS-C), has won a follow-on order for the supply of 250 RG31 Mk5E vehicles in support of the Mine Resistant Ambush Protected (MRAP) vehicle program for U.S. forces. The new RG31 Mk5E version utilizes the same …

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