Search Results for: URS

ICF Credit Facility Borrowing Limit Raised to $500M

ICF International (NYSE: ICF) signed an amendment to allow its credit facility to borrow up to $500 million, the company announced Thursday. The five-year senior credit agreement will allow revolver borrowings of up to $400 million. The agreement also has an additional accordion feature to allow expansion by an additional …

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CSC Declares Quarterly Dividend of 20 Cents

The board of directors of Falls Church, Va.-based Computer Sciences Corp. (NYSE: CSC) has declared a regular quarterly dividend of 20 cents per share of common stock. The company’s announcement indicated it will disburse the dividend on April 16 to stockholders of record at the close of the March 23 …

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Lockheed Wins $95M for Navy F-35 Production

Lockheed Martin Corp. (NYSE: LMT) won nearly $95 million in U.S. Navy contract modifications for additional F-35 production work, the Defense Department announced Monday. The first award, a $56, 329, 396 cost reimbursement modification, covers sustainment efforts to meet the requirements and delivery schedule for lot five of low rate …

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CRGT Closes $40M Acquisition of CIBER Federal; Tom Ferrando Comments

CRGT Inc. has completed its $40 million cash acquisition of CIBER Inc.’s federal division and related assets, the companies announced  announced Friday and Monday. The companies originally announced the $40 million cash sale in late January. CRGT President and CEO Tom Ferrando said the acquisition adds to the company’s employee …

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Navy Awards $97M Education Services Contract

The U.S. Navy awarded a contract potentially worth $97, 361, 843 for education training products and services, the Defense Department announced Wednesday. The cost-plus-fixed fee, firm-fixed price contract includes the base period and two one-year options. Contractors will provide training products and services to the Naval Education Training Command and the …

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Boeing Wins $11B Foreign Military Sale for Saudi F-15s

Boeing Co. has won an $11, 399, 100, 000 U.S. Air Force contract to provide F-15 aircraft under a foreign military sales agreement, the Defense Department announced Thursday. The Kingdom of Saudi Arabia will purchase 84 F-15s and associated accessories under the firm-fixed-price, cost-plus-fixed-fee contract. Boeing will also retrofit aircraft …

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General Dynamics Promotes Phebe Novakovic to President, COO

General Dynamics’ (NYSE: GD) board of directors elected Phebe Novakovic as president and chief operating officer, effective May 2. The Falls Church, Va. based contractor said on Thursday that Novakovic will report directly to chairman and CEO Jay L. Johnson. Johnson said Novakovic will help him oversee and manage the …

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CACI Wins $78M Air Force Tech Modernization Contract; Dan Allen Comments

CACI International Inc. (NYSE: CACI) won a $78 million Air Force contract to provide technology modernization support for an information technology program. The Chantilly, Va.-based contractor said Thursday would provide the Air Force’s civil engineer office integration, sustainment and deployment services under the one-base year and four option years contract. …

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SafeNet Taps Former Harris Sr. Counsel Molina to Head Legal Affairs

SafeNet Inc. has appointed Mark Molina as senior vice president, chief legal officer and secretary, effective immediately. Molina will supervise worldwide legal affairs and serve as secretary for the board of directors and report to SafeNet CEO Chris Fedde. The Belcamp, Md.-based information security company appointed Fedde as president and …

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BAE Wins Potential $108M DLA Tactical Vest Contract

BAE Systems’ specialty defense systems unit won a potential $108, 493, 311 Defense Logistics Agency contract to provide tactical vests and repair kits, the Defense Department announced Thursday. The U.S. Army, Air Force and Marine Corps will use the outer tactical vests and kits. The Pentagon received five responses to its …

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