Search Results for: LMI

ATK Wins $58M For Army Spider Munitions

ATK (NYSE: ATK) has won a $58, 272, 447 U.S. Army contract modification to provide the branch with networked munitions systems, the Defense Department announced Wednesday. The company will provide the Army its Spider XM-7 munitions and the Pentagon expects contract work to finish by April 30, 2013. Work will …

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Raytheon Wins $78M Army Missile Subsystems Engineering Contract

Raytheon Co.’s (NYSE: RTN) technical services company won a $77.9 million U.S. Army contract to provide logistics and engineering support for missile subsystems, the company announced Monday. The Cambridge, Mass.-based missile maker will support tube-launched, optically-tracked, wire-guided missile subsystems and associated equipment under the five-year prime contract. The company’s repair, technical engineering …

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Army Plans to Award $7B in Renewable Energy IDIQs

The U.S. Army Corps of Engineers expects to award $7 billion in shared energy capacity contracts to the private sector for renewable energy. The Army’s Engineering and Support Center in Huntsville, Ala. said in a draft request for proposals it will purchase power from private sector firms and award task orders …

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Winter C4ISR Issue of GovCon Exec Magazine Hits Shelves with Full Panorama View of What’s Next in GovCon

Executive Mosaic, the publisher of this site and other contracting media properties, has rolled out the Winter edition of GovConExec Magazine. In it, we’ve taken a market-leading look at C4ISR, where the government is employing private sector technologies that are accelerating the next-generation of turning intelligence into action. For applications at home …

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IBM Elects SVP Virginia Rometty as President, CEO as of Jan. 1, 2012

IBM‘s (NYSE: IBM) board of directors has elected 31-year company veteran Virginia M. Rometty to succeed Samuel Palmisano as president and CEO, effective Jan. 1, 2012. Palmisano will retain his position as chairman of the board. Rometty has joined the board effective of the announcement. Rometty currently serves as IBM’s senior vice president …

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Lockheed to Provide IT Architecture and Data Services on $26M Army IDIQ Order

Lockheed Martin (NYSE: LMT) information systems and global solutions has won a $26.1 million U.S. Army contract for a variety of new enterprise architecture services. The company will develop and integrate operational architecture, manage data and support data visualization for the U.S. Army Training and Doctrine Command. The award is under the ITES-2 contract vehicle and has one base …

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CMS to Award Up to $500M in Healthcare Contracts to Improve Hospital Care

The Center for Medicare & Medicaid Services will award up to $500 million of Affordable Care Act funding to ‘hospital engagement contractors’ for technology-backed programs, training and monitoring to help hospitals and providers improve care. The CMS’s Innovation Center will administer the funding, which is part of the public-private Partnership …

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General Dynamics Books $1.2 Billion in Sub Funding

General Dynamics (NYSE: GD) Electric Boat secured $1.2 billion in funding from the Navy to cover the construction of the 14th Virginia-class submarine, SSN-787. According to the firm, “the release of the funding allows procurement of long lead-time components that will support the planned official construction start later this year …

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IBM Makes Financial Moves

IBM’s (NYSE: IBM) board of directors has announced a regular quarterly cash dividend of $0.75 per common share, payable June 10 to stockholders of record May 10. According to the firm, “the board today also authorized $8 billion in additional funds for use in the company’s stock repurchase program. IBM …

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BAE Systems Weapon Solution to Expand Under New Deal

BAE Systems signed a $19.7 million deal with the Navy to expand the firm’s Advanced Precision Kill Weapon System to fixed-wing aircraft platforms for the U.S. Air Force and Navy. According to the firm, “APKWS provides aviators with a highly precise weapon that is effective against soft and lightly armored …

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