Search Results for: URS

Vangent Inc. Reportedly For Sale

Vangent Inc. has hired Bank of America Merrill Lynch and Goldman Sachs Group to pursue a sale of the company, according to a June 2 Reuters report. The process has reportedly drawn interest from both private-equity firms and other companies doing business in the government contracting sector. Private-equity firm Veritas …

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Lockheed Martin CEO to Present at Sanford C. Bernstein Investor Conference

Lockheed Martin Corporation (NYSE: LMT) will webcast a live presentation by Chairman and Chief Executive Officer Bob Stevens at Sanford C. Bernstein’s 27th Annual Strategic Decisions Conference on June 2, 2011. Stevens will present on behalf of Lockheed Martin from 2 p.m. to 2:50 p.m. EDT. He will highlight the …

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ManTech Announces First Dividend Payment; George Pedersen Comments

George Pedersen, ManTech ManTech International’s (NASDAQ: MANT) board of directors declared an initial semi-annual cash dividend of $0.42 per share of common stock this week. The declaration marks a first for the company as it rolls out its new dividend program. Stockholders can expect to see payments after June 15 …

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IBM Announces New Resources to Smooth Transition to Software

In a bid to lure Oracle customers, IBM announced Friday new resources to help customers make the transition — or what IBM called “move up” — to IBM software. The perks include no-charge financial and technology assessments, skills-training courses and a proof-of-concept to perform a side-by-side cost/performance comparison between IBM …

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L-3 Communications Snags US Army Deal

L-3 Communications EO/IR, Inc. has won an $8, 928, 329 firm-fixed-price contract for the procurement of MX-15HDi camera turrets hardware in support of Phase III of the Persistent Ground Surveillance Systems for the U. S. Army. Hardware to be procured includes 11 camera turrets and 15 custom cable kits. Work …

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Vangent to Review Q1 Financial Results

Arlington, Va.-based consulting firm Vangent announced it will review first-quarter 2011 financial results Thursday via teleconference. According to the firm, the call will take place May 19 at 5 p.m. Those interested parties should call (877) 627-6580 and request the “Vangent First Quarter 2011 Financial Results Conference Call.” Click here …

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Boeing Wins Navy Contract

According to the Department of Defense, “Boeing (NYSE: BA) is being awarded a $6, 636, 080 cost-plus-fixed-fee contract for logistic services in support of the U.S. Navy, U.S. Marine Corps, U.S. Air Force, and applicable foreign military sales customers.  Services to be provided include maintenance, engineering and technical support of …

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Iridium Off to ‘Strong Start’ in 2011, CEO Matt Desch Reports

Iridium (NASDAQ:IRDM) announced that it booked net income of $8.3 million for the first quarter of 2011 and updated its outlook for the full-year 2011. “We’re off to a strong start in 2011, as we continue to benefit from a high-quality and diversifying revenue profile that is moving beyond voice …

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Quest Software Moves Forward with Stock Repurchase Program

Quest Software’s (NASDAQ: QSFT) board of directors has authorized a stock repurchase program covering up to $200 million of its common stock. According to the firm, “the program replaces the $150 million stock repurchase program that Quest Software’s board of directors authorized in February 2011. Any stock repurchases may be …

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Booz Allen Books Navy Work

According to the Department of Defense, “Booz Allen Hamilton (NYSE: BAH) is being awarded a $10, 930, 118 modification to a previously awarded cost-plus-fixed-fee contract (N00421-09-C-0016) to exercise an option for technical and engineering services for communications-electronics advanced technology systems supporting the Naval Air Warfare Center Aircraft Division’s Special Communications …

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