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Tag Archives: business news

Raytheon Professional Services Books Deal with NATO

Raytheon’s (NYSE: RTN) Professional Services business booked a contract with NATO contract to develop an electronic Individual Training and Education Program. “The system will allow near real-time visibility by users to ensure transparency and improve the communication of training requirements and opportunities, ” said Paul Swinscoe, RPS business development director.

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QinetiQ NA Hires John Sutton to Lead Business Development

QinetiQ North America has named John Sutton to the role of senior vice president, business development. Sutton will oversee the firm’s efforts to win new business.  He joins the firm from Global Crossing and also spent six years at ManTech (NASDAQ: MANT). “Sutton is a great addition to our leadership …

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Attain Leases Space at Picatinny Technology Innovation Center

Attain signed a five-year lease at Picatinny Technology Innovation Center at the Picatinny Arsenal in New Jersey. The firm will have a team of Enterprise Resource Planning subject matter experts available onsite at Picatinny Arsenal to support the Army’s Enterprise Systems Integration Program. “Attain’s residence at the Picatinny Technology Innovation …

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Vangent Names New HR VPs; CEO Mac Curtis Comments

Vangent promoted Jennifer Bailey and Emily Markmann to VP positions in the Human Resources function. “Ms. Bailey and Ms. Markmann have both been valuable leaders at Vangent and it’s especially rewarding to see them ascend in their new roles, ” CEO Mac Curtis said. “I’ve enjoyed watching Ms. Bailey’s career …

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Rolls-Royce Rolls to DoD Deal

According to the Department of Defense, “Rolls-Royce is being awarded a $7, 397, 169 modification to a previously awarded firm-fixed-price contract (N00019-10-C-0020) to exercise an option for low power repairs in support of the CV-22 AE1107 turboshaft engines for the Air Force.  Work will be performed in Oakland, Calif. (70 …

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ITT Sails to Navy Deal

According to the Department of Defense, “ITT (NYSE: ITT) is being awarded a $19, 553, 817 modification to previously awarded contract (N00024-09-C-5395) for AN/SPS-48G(V) radar modification kits to support the Recovery Obsolescence Availability Radar (ROAR).  AN/SPS-48’s are radars that are installed on Navy ships for volume air search and surveillance.  …

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Boeing Claims Army Deal

According to the Department of Defense, “Boeing (NYSE: BA) was awarded a $23, 717, 965 firm-fixed-price contract.  The award will provide for the procurement of the initial production fielding support for each new equipment training site equipped with the CH-47F Cargo Helicopter.  Work will be performed in Ridley Park, Penn., …

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Versar Secures Contract for Afghanistan Work

Versar (NYSE Amex: VSR) secured a $13.4 million task order to continue construction management and quality assurance operations in Afghanistan. According to the firm, “This task order will allow Versar to continue to provide engineering support, construction management and quality assurance operations in Afghanistan through September 2011 for the Air …

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ITT Declares Dividend

ITT’s (NYSE: ITT) board of directors declared a cash dividend of $0.25 per share for the second quarter of 2011. The cash dividend will be payable July 1 to shareholders of record on May 20.

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Lockheed Martin Wins Marine Corps Deal

Lockheed Martin (NYSE: LMT) won a $24 million contract from the Marine Corps to provide four new systems and upgrades to 36 of its gunnery trainers for M1-A1 main battle tanks and LAV-25 Light Armored Vehicles. “With AGTS, we developed an agile, affordable solution that offers unique configurations for users …

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