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Lockheed Pursues $8B Japanese Contract with F-35 Fleet

Lockheed Martin (NYSE: LMT) will offer a final assembly of 40 F-35 Joint Strike Fighters to Japanese firms in an attempt to secure a $8 billion contract. Lockheed has also indicated that it will offer manufacture of major components, maintenance work and engine assembly of the F-35 to Japanese firms. …

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On $440M Army Contract, General Dynamics-led Team to Develop Combat Vehicle with Network Interoperability

A General Dynamics-led (NYSE: GD) team has won a $439.7 million contract for the technology development phase of the U.S. Army’s ground combat vehicle infantry fighting vehicle program. Lockheed Martin (NYSE: LMT) and Raytheon (NYSE: RTN) will team with General Dynamics to fulfill the program’s goal of producing an affordable and operational infantry fighting vehicle in seven …

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NJVC Hires Vince Minerva to Lead Market Management; Jody Tedesco Comments

NJVC has hired Vince Minerva to serve as senior VP of market management. Minerva will lead “the development and execution of comprehensive, measurable, strategic initiatives to broaden NJVC’s presence into adjacent markets, services and solutions.” “I am thrilled to welcome an expert of the caliber of Vince Minerva to NJVC’s …

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Qwest Snags $100 Million Data Services Deal with DISA/DITCO

Qwest Communications (NYSE: Q) secured a multi-year task order for data services from the Defense Information Systems Agency/Defense Information Technology Contracting Organization. The deal is valued at over $100 million. “Qwest is a longtime communications partner of the DoD, ” said Diana Gowen, senior vice president and general manager of …

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SAIC CEO Walt Havenstein Breaks Down Latest Financial Figures

SAIC (NYSE: SAI) rolled out financial results for the third quarter of fiscal year 2011. The report featured revenue growth of four percent and an 11-percent rise in operating income. “Our employees continue to deliver effectively in support of mission critical customer programs.  Strong program execution and improved returns on …

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SAIC Announces Structural Changes

SAIC has announced a series of structural changes designed to direct the company’s resources and energy to emerging and high-growth areas. Effective August 2, SAIC plans to move from four groups to three by combining the Information Technology and Network Solutions Group with the Infrastructure, Logistics and Products Solutions Group. …

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SAIC’s Walt Havenstein Discusses Arnold Punaro’s Departure

SAIC (NYSE:SAI) CEO Walt Havenstein commented on EVP Arnold Punaro‘s recent decision to retire from the firm to pursue other endeavors: “He has made a tremendous contribution to SAIC over his 14 years with unmatched knowledge of Washington and a singular ability to drive projects through to successful completion. He …

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Walt Havenstein on SAIC’s Major Donation to U.S. Naval Academy

SAIC (NYSE: SAI) has donated $250, 000 to the U.S. Naval Academy Foundation to support the creation of a Center for Cyber Security Studies at the academy. Creation of the center is part of the Navy’s increased focus on cybersecurity and cyber warfare. Last fall, the Navy reactivated its 10th …

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Walt Havenstein on SAIC’s Sponsorship of FIRST

SAIC (NYSE: SAI) sponsored FIRST (For Inspiration and Recognition of Science and Technology) regional robotics competitions in Washington, D.C., at the Walter E. Washington Convention Center, and San Diego, at the San Diego Sports Arena. FIRST works to inspire students from kindergarten through high school to be science and technology …

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Today’s News from GovConWire

Contract Award – CGI – Rio Tinto Harris Corp. – $37 Million – USSOUTHCOM Executive Move – GTSI Announces New VP and General Manager of Professional Services and Business Capture Cyber Report – How Involved is China in Recent Cyber Attacks? News – CIBER Completes Database and Reporting System for …

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