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Tag Archives: business news

SAIC Secures Air Force Work

According to the Department of Defense, “SAIC (NYSE: SAI) is being awarded a maximum $85, 000, 000 indefinite-delivery/indefinite-quantity contract to provide engineering and technical services to support Air Force Operational Test and Evaluation Center in accomplishment of operational test and evaluation activities.  At this time, $500, 000 has been obligated.  …

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SAIC Lands $21 Million USDA Contract

SAIC (NYSE: SAI) booked a prime contract with the U.S. Department of Agriculture, Forest Service to “provide the expertise, technical knowledge, and staff support for a Comprehensive Robust Information Security program designed to safeguard information entrusted to the Forest Service.” The deal carries a one-year base term, a pair of one-year …

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ATK Schedules Financial Call

ATK (NYSE: ATK) will webcast its investor conference call on fiscal year 2011 financial results on May 5. The call will be held at 10 a.m. EDT and will include CEO Mark DeYoung.  

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General Dynamics Books $1.2 Billion in Sub Funding

General Dynamics (NYSE: GD) Electric Boat secured $1.2 billion in funding from the Navy to cover the construction of the 14th Virginia-class submarine, SSN-787. According to the firm, “the release of the funding allows procurement of long lead-time components that will support the planned official construction start later this year …

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Raytheon Submits Proposal to Army

Raytheon (NYSE: RTN) has submitted its Common Infrared Countermeasures proposal to the U.S. Army. “We are an experienced contender and have made a significant investment for this type of technology development, ” said Mike Booen, Raytheon’s vice president of the Advanced Security and Directed Energy Systems product line. “Ever since the U.S. …

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Wyle Pens $14 Million DARPA Deal

Wyle secured a contract from the U.S. Defense Advanced Research Projects Agency worth $14 million to acquire commercial information technology services for support of DARPA’s Support Services Office Information Technology Services relocation effort. According to the firm, “Wyle will provide services that establish an information technology infrastructure to include infrastructure designs/modifications, equipment …

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Raytheon Secures Army Contract

According to the Department of Defense, “Raytheon (NYSE: RTN) was awarded a $25, 471, 855 firm-fixed-price contract.  The award will provide for the Foreign Military Sale of driver’s vision enhancer and commander vision enhancer for the Saudi Arabian National Guard.  Work will be performed in Dallas, Texas, with an estimated …

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L-3 Picks Up Defense Deal

According to the Department of Defense, “L-3 (NYSE: LLL) is being awarded an $8, 774, 586 modification to a previously award cost-plus-fixed-fee contract (N00421-11-C-0012) to exercise an option for engineering and technical services in support of the Naval Air Warfare Center Aircraft Division’s Special Communications Requirements Division.  Services will support …

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Lockheed Martin Sails to Navy Work

According to the Department of Defense, “Lockheed Martin (NYSE: LMT) is being awarded a $64, 403, 268 not-to-exceed modification to a previously awarded indefinite-delivery/indefinite-quantity multiple award contract (N00019-05-D-0013) for continued airframe sustainment support necessary for the performance of phase depot maintenance, special structural inspections, special structural inspection kits and installations, …

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Ball Corp. Reports on Strong Financial Picture

Ball Corp. (NYSE: BLL) reported first quarter net earnings of $91.3 million, up from $79.3 million in the first quarter of 2010. “Momentum from our strong results in 2010 continues into 2011 as we leverage our considerable strengths to grow with our customers in both mature and emerging markets, ” …

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