News

Lockheed Martin Sails into Weekend with Navy Deal

According to the Department of Defense, “Lockheed Martin (NYSE: LMT) is being awarded an $83, 815, 466 cost-plus-incentive-fee contract to design and manufacture hardware for the Acoustic Rapid Commercial-Off-The-Shelf Insertion (A-RCI) system improvement and integration program.  The contract provides funding for the development and production of the A-RCI and common …

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ATK Releases Financial Announcement Plans

ATK (NYSE: ATK) released the following financial information: “[The firm] will webcast its investor conference call on fiscal year 2011 third quarter financial results, which will be announced Feb. 3, prior to the opening of the market. In addition to discussion of the quarterly results, the company may discuss its …

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General Dynamics Scores Navy Contract Victory

According to the Department of Defense, “General Dynamics (NYSE: GD) is being awarded a $9, 250, 951 modification to previously awarded contract (N00024-06-C-4402) for the USS Pearl Harbor (LSD 52) fiscal 2011 phased maintenance availability.  A phased maintenance availability provides for an extensive renovation and modernization of a dock landing …

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NetApp Agrees to Acquire Akorri Networks

NetApp (NASDAQ: NTAP) has an agreement in place to acquire Massachusetts-based Akorri Networks. Terms of the all-cash transaction were not disclosed. Akorri provides data center management software focused on performance capacity analytics for virtualized, shared IT infrastructures. “The ability to accurately predict and manage performance and capacity requirements has been …

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Harris Radios Back $300 Million International Contract

Harris (NYSE: HRS) signed a multiyear deal worth more than $300 million with an “international customer” to provide military radios and equipment as part of a tactical communications modernization effort. According to the firm, “in the initial phase of the contract, involving orders greater than $100 million, Harris will provide …

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Lockheed Martin Signs C4ISR Deal with Coast Guard

Lockheed Martin (NYSE: LMT) picked up a $66 million contract to provide the C4ISR system for the United States Coast Guard’s fourth National Security Cutter. According to the firm, “the C4ISR system will provide the 418-foot NSC 4 with comprehensive, real-time situational awareness, commonality and interoperability with other government agencies …

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Dynamics Research Brings Daphne Zweifel to Federal Group

Dynamics Research (Nasdaq:DRCO) has hired Daphne Zweifel to the position of VP and general manage for the firm’s Federal Group. She will provide a special focus on civilian agencies and financial and regulatory agency business and will report to Paul Strasser, senior VP and general manager at the Federal Group. …

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NJVC Cloud Pro to Speak at Upcoming DC Events

NJVC‘s Kevin Jackson, an engineering fellow, is set to speak at a pair of cloud-computing knowledge events in the Washington metro area. Here’s the event information, per NJVC: Understanding and Deploying Cloud Computing in Government Date: Jan. 25-26, 2011 Time: 8 a.m. – 4:30 p.m. Location: The Tower Club, 8000 …

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