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Tag Archives: business news

Harris Promotes Jim Traficant to President of Healthcare Solutions

Harris (NYSE:HRS) promoted Jim Traficant to the position of president, Harris Healthcare Solutions. He was previously vice president and general manager of the business. “Under Jim’s leadership, our Healthcare Solutions business has grown significantly. Harris has established a leadership position in federal healthcare IT integration and has made acquisitions that …

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MAXIMUS Sees Positives in New Report

MAXIMUS (NYSE: MMS) reported revenue for the fiscal 2011 second quarter was up 11 percent to $227.1 million compared to $204.4 million reported for the same period last year. “We generated very strong results for the period and made measurable progress on several key initiatives, including the expansion of our …

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HP Enterprise Wins $700 Million Deal with San Diego

HP Enterprise Services reached a deal with the County of San Diego to oversee the $700 million IT Outsourcing contract. According to the firm the deal will “strengthen the county’s technical stability, reduce IT spend and introduce innovative technologies to better serve residents and employees.” “Local governments work hard to …

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Iridium Picks Thomas Hickey to Lead Legal Efforts

Iridium Communications (NASDAQ: IRDM) has hired Thomas D. Hickey to the role of chief legal officer. Most recently, Hickey served as general counsel and corporate secretary at Primus Telecommunications Group. “Tom is a seasoned executive with a strong legal and management background in helping to grow innovative companies in the …

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LMI Inks $47 Million BPA from Army

LMI has been awarded a $47 million contract to support the Office of the Deputy Chief of Staff of the Army, G-4 (Logistics). The four-year BPA covers policy development and analysis, resource analysis, strategic planning and readiness, and process assessment and improvement. According to the firm, “LMI is the prime …

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PEO, BRAC Work Spur Growth for NCI

NCI (NASDAQ: NCIT) announced first quarter 2011 revenue of $150.2 million, all organic, an increase of 31 percent over first quarter 2010 revenues of $115.0 million. According to the firm, “the year-over-year increase in revenue was attributable primarily to growth in the Army Program Executive Office Soldier and Base Realignment …

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CACI Sees Revenue Climb; CEO Paul Cofoni Comments

CACI (NYSE: CACI) announced third quarter fiscal year 2011 revenue of $913.4 million, up more than 16 percent from the third quarter of fiscal year 2010. The firm cited gains in growth areas like C4ISR as a major driver of the returns. “We delivered a very strong quarter, exceeding our …

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ATK Reaches Milestones in Financial Report

ATK (NYSE: ATK) today reported operating results for Fiscal Year 2011, which ended March 31. The firm noted full-year sales of $4.8 billion.  FY11 fully diluted earnings per share  were the highest in company history. “In a challenging budget and economic environment, we held the line on sales and delivered …

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SAIC Wins $90 Million of ENCORE II Work

SAIC (NYSE: SAI) won a task order from the Defense Information Systems Agency to provide technical and operations support to the Defense Enterprise Computing Center, under the ENCORE II ID/IQ. The deal carries a one-year base term, four one-year options and a total value of more than $90 million, if …

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Sikorsky Inks Army Contract

According to the Department of Defense, “Sikorsky Aircraft was awarded an $84, 599, 548 firm-fixed-price contract.  The award will provide for the conversion of seven aircraft to the Colombian Ministry of Defense to include publications and aircraft warranty.  Work will be performed in Stratford, Conn., with an estimated completion date …

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