News

Double the Defense Work for Northrop Grumman

According to the Department of Defense, “Northrop Grumman (NYSE: NOC) was awarded a $49, 694, 900 contract, which will research, develop and deliver an integrated software solution that improves upon the targeting functionality currently performed by Air Force and joint targeting automation software.  At this time, $2, 173 has been …

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Boeing, Lockheed Martin Claim DoD Deals

According to Department of Defense, “Boeing (NYSE: BA) was awarded a $13, 168, 213 contract modification, which will provide for Option Year II support for one of two special air mission aircraft assigned to the 89th Airlift Wing at Joint Base Andrews, Md., which provides air transportation for the President. …

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John Hayes Named CEO at Ball Corp.

Ball Corporation’s (NYSE: BLL) board of directors today elected John A. Hayes to serve as president and chief executive officer. Hayes replaces the retiring R. David Hoover, who will remain on as chairman of the board. “I am honored to be elected CEO of Ball Corporation and excited about the …

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SAIC Continues NSWC Crane Div. Work with New Deal

SAIC (NYSE: SAI) picked up a deal from the U. S. Naval Surface Warfare Center (NSWC) Crane Division to provide systems engineering and lifecycle integration support. The follow-on contract carries a one-year base period of performance, with four one-year options at a total potential value of $40 million. “We look …

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General Dynamics Rolls Out Strong Financial Numbers

General Dynamics (NYSE: GD) issued the following financial statement: The firm “reported 2010 fourth-quarter earnings from continuing operations of $729 million, or $1.91 per share on a fully diluted basis, compared to 2009 fourth-quarter earnings from continuing operations of $618 million, or $1.58 per share fully diluted.  Full-year 2010 earnings …

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Boeing Rolls Out Fiscal Figures

Boeing (NYSE: BA) released the following financial statement: The firm “reported fourth-quarter net income of $1.2 billion, or $1.56 per share, on revenue of $16.6 billion.  The results reflect solid performance across the company’s core programs, a favorable tax settlement (+$0.50 per share), and a special one-time contribution to Boeing’s …

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HP Rolls Out Gov. Cloud Consulting Business; Dennis Stolkey Comments

HP rolled out a new Government Cloud Consulting Services offering “to help government agencies comply with the U.S. Office of Management and Budget’s ‘cloud-first’ policy requiring federal agencies to default to cloud-based solutions whenever a secure, reliable, cost-effective cloud option exists.” HP will look to support government agencies in developing …

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Microsoft’s Susie Adams, Amazon’s Teresa Carlson Comment on Overhauled Treasury Sites

Technology firm Synteractive announced the launch of the new Treasury.gov website and five other Treasury Department sites, a project it teamed with Amazon and Microsoft to complete. The five other sites include FinancialStability.gov,  SIGTARP.gov, MyMoney.gov, TIGTA.gov and IRSOversightBoard.treasury.gov. The project to redesign Treasury.gov was awarded to Smartronix last year and …

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Northrop’s Bob Brammer Discusses Firm’s New Cloud Security Plans

Northrop Grumman (NYSE:NOC) outlined a new methodology for strengthening data security in the “cloud” during the 6th Annual SANS Institute Cyber Defense Initiative conference. The firm rolled out its new “Cyber Architecture Reference Series, ” an approach to creating the tightest security possible for public and private clouds. “Although many …

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