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Boeing Forms New C4ISR Division; Roger Krone Comments

Boeing (NYSE: BA) has announced the formation of a new electronic and mission systems division that will align the company’s C4ISR efforts. Terry Collins, vice president and general manager of Boeing’s Argon ST subsidiary, will lead the division, which will operate within Boeing’s network and space systems unit. Its headquarters will be …

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Harris Wins Potential $85M FAA Contract to Upgrade Satellite Communications Network

Harris Corp. (NYSE: HRS) has won a potential $85 million contract from the Federal Aviation Administration. The contract has a five-year base and five one-year options. Harris will act as prime contractor for the Alaskan satellite telecommunications infrastructure program. Harris will replace and upgrade an existing satellite communications network that links …

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Lockheed Martin Wins $758M Contract to Update Naval Submarine Technology

Lockheed Martin (NYSE: LMT) has won a U.S. Navy indefinite-delivery/indefinite-quantity contract with a ceiling value of $758 million to provide submarine combat and sonar systems designed around commercially available hardware and software. Subcontractors DRS Technologies and Progeny Systems will play key roles in the hardware production. Lockheed will design,  develop and produce hardware …

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CACI Moves to Buy Geospatial Imagery Firm TechniGraphics; CEO Paul Cofoni Comments

CACI International (NYSE: CACI) has a deal in place to acquire TechniGraphics, Inc., a provider of imagery and geospatial services, including digital maps, to the U.S. Intelligence Community. \ The agreement boosts CACI’s place in the mission-critical intelligence space. TechniGraphics boasts a 450-person staff headquartered in Wooster, Ohio, with additional …

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Boeing Buys Argon ST for $775M; Roger Krone Speaks Out

Boeing (NYSE: BA) announced today it had agreed to acquire defense-equipment maker Argon ST (Nasdaq: STST) for an estimated $775 million. “Combining the strength of Boeing with the experience of Argon ST will significantly accelerate our capabilities in sensors, communications technologies and information management, ” said Dennis Muilenburg, president and …

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Argon ST Trots Out Fiscal Numbers

Argon ST, Inc. (NASDAQ: STST), reported results for the second fiscal quarter ended April 4, 2010: According to the firm: Revenue for the second quarter was $77.3 million; revenue for the first half of fiscal 2010 was $150.5 million. Operating income for the second quarter was $7.6 million, or 9.8 …

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Argon ST Reveals 1stQ Fiscal Info

Argon ST, Inc. (NASDAQ: STST) has announced results for the first fiscal quarter ending January 3, 2010.  The firm announced revenue for the first quarter was $73.2 million with an operating income of $7.5 million (10.2 percent of revenue). Also, fully diluted Earnings Per Share (EPS) for the first quarter …

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Martha Johnson Confirmed to Head GSA

The Senate has confirmed Martha Johnson as the head of the General Services Administration (GSA) in a vote of 96-0. Senators Joe Liebermann and Susan Collins hailed the approval of Johnson, citing her experience and the GSA need for her leadership. “My priority as administrator will be to put GSA’s …

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