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SAIC Helping Navy Engineer ISR Systems; Thomas Watson Comments

Science Applications International Corp. (NYSE: SAI) has won a potential $54 million contract to help the U.S. Navy continue developing its systems for maritime intelligence, surveillance, reconnaissance and information operations. The company will provide systems engineering and build hardware and software for the Space and Naval Warfare Systems Center Pacific …

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Exelis-ELTA Team Building Coast Guard Maritime Surveillance Radar

ITT Exelis (NYSE: XLS) will supply a new radar system to the U.S. Coast Guard for maritime reconnaissance missions such as surveillance, drug interdiction and counterterrorism. Exelis and partner ELTA Systems Ltd. won a $6.5 million award to provide the Coast Guard the AN/APY-11 multimode radar, which they previously built under a contract awarded in …

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URS FY 2012 Revenue Up 15, 4Q Jumps 24%; Martin Koffel Comments

URS Corp. (NYSE: URS) has announced financial results for its full 2012 fiscal year ended Dec. 28, 2012. The San Francisco-based engineering and government contractor reported $10.97 billion in revenue for the full year, a 15-percent increase over fiscal 2011 figures. Fourth quarter 2012 revenue increased 24.2 percent over the prior …

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Exelis Board Declares 10-Cent Dividend

ITT Exelis‘ (NYSE: XLS) board of directors has declared a cash dividend of 10.33 cents per share for the first quarter of its 2013 fiscal year. Shareholders of record as of March 15, 2013 will receive the payment April 1, the company said Thursday. The board has also scheduled the company’s …

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BAE Wins $4B Typhoon, Hawk Aircraft Sale

BAE Systems has won an estimated $3.9 billion contract to provide 20 fighter and trainer jets, as well as in-service operational support to Oman’s air force. The contract is for 12 Typhoon fighter jets and eight Hawk advanced jet trainer aircraft with deliveries set to start in 2017, the Hindu …

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SAIC Providing Navy Tools For Corrosion Control Programs; JT Grumski Comments

Science Applications International Corp. (NYSE: SAI) has won a potential $23 million contract to help the U.S. Navy manage corrosion control programs for surface and undersea platforms. The potential three-year contract for logistics and program management services has one base year and two option years, the company said Thursday. SAIC …

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Exelis Names TASC, Northrop Vet Pamela Drew Info Systems Lead; David Melcher Comments

ITT Exelis (NYSE: XLS) has appointed Dr. Pamela Drew president of the information systems business area, effective March 31. The company said she will succeed the retiring Mike Wilson and lead an area focused on system development, networking and radio frequency communications. Drew’s team will be responsible for developing products …

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Exelis Radio System Foreign Sale IDIQ Now $451M; Ken Harrison Comments

ITT Exelis (NYSE: XLS) has won $25 million order to provide its ground and airborne radio system for a foreign military sales agreement, the company said Friday. Exelis has received $451 million in orders to date under the indefinite-delivery/indefinite-quantity contract, which the company won in 2008 from the Army Communications-Electronics Command. “This …

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SAIC to Help AF Run Blue Devil Sensor Program; John Fratamico Comments

Science Applications International Corp. (NYSE: SAI) has won a $74 million prime contract to help the U.S. Air Force operate and maintain a sensor program, the company announced Thursday. The single-award,  cost-plus-fixed-fee contract is for one year of support to the Blue Devil program, a follow-on program to the branch’s …

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URS Wins $111M for Army Giraffe, FLIR Star System Maintenance; Randy Wotring Comments

URS Corp. (NYSE: URS) has won a potential $111 million U.S. Army contract to help maintain tactical communications systems at State Department sites worldwide, the company announced Friday. The contract contains a one-year base period and two three-month option periods and was awarded by the Army Contracting Command’s office at …

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