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VSE Corp. Rolls Out Financial Figures, Seeks Continued Growth of Core Capabilities

VSE Corporation (Nasdaq: VSEC) reported revenues for the fourth quarter of 2010 were $212 million compared to $256 million in the fourth quarter of 2009 and revenues in 2010 were $866 million, compared to $1.015 billion in 2009. “This year was once again distinguished by significant headwinds best characterized by sluggish …

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Autodesk Sees Growth in New Financial Report

Autodesk (NASDAQ: ADSK) issued its financial results for the fourth quarter and full year of 2010. The company reported revenue of $528 million, up 16 percent from last year’s fourth quarter and up 11 percent compared to the third quarter of fiscal 2011.  Revenue for fiscal 2010 was listed at …

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IAP Worldwide Wins Defense Work

According to the Department of Defense, “IAP Worldwide Services was awarded a $60, 000, 000 cost-plus-award-fee contract.  The award will provide installation support services for the National Training Center, Fort Irwin, Calif.  Work will be performed in Fort Irwin, Calif., with an estimated completion date of June 30, 2012.  The …

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Raytheon Reels in Navy Deal

According to the Department of Defense, “Raytheon (NYSE: RTN) is being awarded an $11, 848, 506 firm-fixed-price contract for Reeling Machine Test Bench (RMTB) intermediate level equipment, ancillary RMTB equipment and logistics services in support of the MH-60R AN/AQS-22 Airborne Low Frequency Sonar.  Work will be performed in Portsmouth, R.I., …

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ManTech Releases Figures for ‘Excellent’ 2010; Expects to Exceed $3B Revenue in 2011

ManTech International (NASDAQ:MANT) released financial results for the fourth quarter and fiscal year 2010, ending Dec. 31, 2010. Notably, the firm reported a 29% revenue increases for the fourth quarter ($697.9 million) and for the fiscal year (2.6 billion). “Fiscal year 2010 was an excellent year for ManTech, marked by …

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Northrop Grumman Books $50 Million LRIP Deal with Army

Northrop Grumman (NYSE:NOC) won a $50 million contract from the Army for low rate initial production of the replacement for the Integrated Family of Test Equipment and other Army off-platform testers. According to the firm, “The Next Generation Automatic Test Station is a mobile, rapidly deployable and reconfigurable general purpose …

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General Dynamics, Thales Australia Reach Decade-Long Partnership Deal

General Dynamics (NYSE: GD) Ordnance and Tactical Systems and Thales Australia reached an agreement on a 10-year strategic teaming deal for work in the Australian Ordnance market. According to Thales, “the agreement formalizes many years of close cooperation between Thales and General Dynamics, cements Thales’s ability to deliver domestic munitions …

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Double the DoD Work for Boeing

According to the Department of Defense, “Boeing (NYSE: BA) is being awarded a $5, 705, 181 firm-fixed-price modification to a previously awarded indefinite-delivery/indefinite-quantity contract (N00019-08-D-0013) for additional persistent unmanned aerial vehicle intelligence, surveillance, and reconnaissance services in support of naval maritime missions.  Work will be performed in Bingen, Wash. (65 …

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General Dynamics Secures Defense Work

According to the Department of Defense, “General Dynamics (NYSE: GD) is being awarded an $11, 126, 773 firm-fixed-price modification to existing previously awarded contract (N00024-10-C-5141) for the production of Aegis gun and guided missile directors (MK82 Mod 0) and Aegis Director Controllers (MK 200 Mod 0).  The MK 82 director …

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Lockheed Martin Books Navy Win

According to the Department of Defense, “Lockheed Martin (NYSE: LMT) is being awarded a $21, 867, 788 modification to a previously awarded firm-fixed-price contract (N00019-10-C-0092) to exercise an option for the procurement of 7, 665 enhanced laser guided training round Paveway II units for the Navy (7, 217) and the …

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