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Tag Archives: business news

Citizant Latest Firm on $1.1 Billion DOJ Deal

Citizant secured a place as a prime contractor on the Department of Justice’s $1.1 billion ITSS-4 ID/IQ contract. CACI (NYSE: CACI) and ManTech (NASDAQ: MANT) have also won spots on the project. “ITSS-4 is a game-changing win for Citizant and a fantastic opportunity for us to create additional value for …

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Northrop Grumman Names Dave Ryan VP, GM of Intelligence Systems

Northrop Grumman (NYSE:NOC) appointed David Ryan vice president and general manager of the Intelligence Systems Division, within the firm”s Information Systems sector. The Ryan-led group “will provide enterprise and mission solutions in such areas as integrated intelligence systems, geospatial intelligence, and intelligence, surveillance, and reconnaissance processing.” He reports to Linda …

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Financial Announcement from ManTech

ManTech (NASDAQ: MANT) announced that it release will its first quarter fiscal year 2011 earnings following the close of the market on Wed., April 27, 2011. The firm’s leadership will break down the numbers in a conference call scheduled for 5 p.m. EST. According to the firm, “analysts may participate …

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Raytheon Selects Mark Kula to Lead Tactical Airborne Systems

Raytheon (NYSE: RTN) named Mark Kula vice president of Tactical Airborne Systems at the firm’s Space and Airborne Systems business. Kula joins Raytheon with responsibility for TAS program and financial performance, new business capture, and strategic vision, planning and execution. “Mark brings an extensive knowledge of defense technology and information …

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ManTech Takes Spot on $1.1 Billion DOJ IT Project; Bill Varner Comments

ManTech International (NASDAQ:MANT) secured a spot on the Department of Justice’s IT support services ID/IQ, ITSS-4. The deal’s base term runs through September 2011 and includes six option years, with a total ceiling value of $1.1 billion. With the deal in place, the firm will support a number of tasks …

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Lockheed Martin Wins Navy Contract

According to the Department of Defense, “Lockheed Martin (NYSE: LMT) is being awarded a $7, 907, 803 firm-fixed-price and cost-plus-fixed-fee option exercise modification to previously awarded contract (N00024-08-C-6282) for the production and support of multi-function towed arrays for the AN/SQQ-89A(V)15 antisubmarine warfare combat systems.  The multi function towed array is …

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Boeing Kicks Off Week with Navy Deal

According to the Department of Defense, “Boeing (NYSE: BA) is being awarded a $10, 596, 300 firm-fixed-price delivery order against a previously issued basic ordering agreement (N00019-11-G-0001) for the procurement of 741 Honeywell model GG1320 ring laser gyros for F/A-18E/F and EA-18G aircraft for the U.S. Navy (714) and the …

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CACI Wins Spot on $1.1 Billion DOJ IT Deal

CACI International (NYSE: CACI) announced today that it has been awarded one of 20 prime contracts to support the Information Technology Support Services 4 contract for the U.S. Department of Justice. The ID/IQ carries a ceiling value of $1.1 billion, with a seven-month base term and six option years. With …

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Northrop Grumman Books Ticket on $2.5 Billion OPTARSS II

Northrop Grumman (NYSE: NOC) won a spot on the U.S. Forces Command’s Operations, Planning, Training and Resource Support Services. Raytheon (NYSE: RTN) announced it had also secured a position on the project. The OPTARSS II program is an ID/IQ contract with a ceiling of $2.5 billion. “With our nation’s warfighters …

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ATK Signs $65.8 Million XM25 Weapon System Deal with Army

ATK (NYSE: ATK) won a $65.8 million Engineering and Manufacturing Development contract from the Army’s Program Executive Office to provide the XM25, Individual Semi-Automatic Airburst System. According to the firm, “the 30-month contract calls for the continuing design, integration, production, and testing of full-up systems to ensure the weapon’s final …

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