News

Lockheed Wins Trio of Monday DoD Deals

According to the Department of Defense, “Lockheed Martin (NYSE: LMT) is being awarded an $11, 310, 976 option exercise modification to previously awarded contract (N00024-10-C-6266) for the manufacture of hardware for the Acoustic Rapid Commercial-Off-The-Shelf Insertion (ARCI) System Improvement and Integration Program for SSGN 726 and 729, and SSN 781.  …

Read More »

Booz Allen, Boeing Snag Defense Work

According to the Department of Defense, “Booz Allen Hamilton (NYSE: BAH) is being awarded a $7, 839, 198 modification to a previously awarded cost-plus-fixed-fee contract (N00421-11-D-0032) to exercise an option for technical and engineering services in support of the Special Communication Requirements Division of the Naval Air Warfare center Aircraft …

Read More »

VSE Corp. Books $410 Million Army Contract

VSE Corporation (NASDAQ: VSEC) claimed a LOGWORLD task order worth a potential $410 million to provide support services to the United States Army Reserve Command and the 63rd and 88th Regional Support Commands. The contract includes a base year of performance with four one-year options. According to the firm, “the …

Read More »

Northrop Grumman Hires Helen Pickup to Lead Italia Business

Northrop Grumman (NYSE: NOC) named Helen Pickup to serve as general manager of Northrop Grumman Italia (NGI), the firm’s Italy-based navigation systems subsidiary. According to the firm, “Pickup will be responsible for all programs and operations at NGI, which provides high-accuracy inertial navigation systems, integrated navigation and safety systems, tactical …

Read More »

Raytheon Completes Applied Signal Technology Purchase

Raytheon (NYSE: RTN) has finalized its purchase of Applied Signal Technology, Inc. (Nasdaq: APSG). According to the firm, “based on information provided by BNY Mellon Shareowner Services, the depositary for the tender offer, approximately 12, 413, 103 shares, representing approximately 87.8 percent of AST’s outstanding shares, were validly tendered and …

Read More »

Lockheed Inks $139 Million Rocket Systems Deal

Lockheed Martin (NYSE: LMT) won a $139.6 million contract to provide 44 combat-proven High Mobility Artillery Rocket Systems (HIMARS) to the Army. Following completion of the order, the Army will hold 375 launchers. “HIMARS brings soldiers an agile, responsive and accurate delivery system of extremely precise fires, ” said Col. …

Read More »

Mike Gaffney Comments on CSC’s Lucrative Labor Dept. Contract

CSC (NYSE: CSC) won a deal from the Department of Labor to oversee the Office of Workers’ Compensation Programs’ Central Bill Process service. The contract carries a seven-year performance term, and an estimated total value of $143 million. CSC will work to “process medical bills, facilitate prior authorization of services, …

Read More »

SRA Forms Partnership to Boost Cyber Products; Pat Burke Comments

SRA International (NYSE: SRX) is teaming with GFI Software to boost the firm’s cybersecurity product offerings. GFI supports “mission-critical security software and services to enterprises needing specialized tools for threat analysis and defense.” SRA will merge its strategic cyber solutions with GFI’s Sandbox tool to “deliver a hardened virtualization platform …

Read More »

Ed Casey Breaks Down Serco’s $1.4 Billion C4ISR ID/IQ Win

Serco won a spot on the Navy’s new $1.4 billion SPAWAR ID/IQ contract. The contract focuses on the installation and testing of C4ISR systems, and carries performance term of three years with a single two-year option. Serco will bid for work on program management and engineering design tasks, as well …

Read More »