Tag Archives: Defense Contracting News

L-3 picks up $200 million deal from Air Force

L-3 Communications’ (NYSE: LLL) WESCAM subsidiary has been awarded a third contract from the U.S. Air Force that will be used to purchase the firm’s MX-15Di targeting systems and MX-20D targeting systems.  The deal is valued at $200 million. According to the firm, “over an 18-month period, three ID/IQ contracts …

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Raytheon Makes Financial Announcement

Raytheon (NYSE: RTN) has made the following financial announcement: “(The firm) will issue its second quarter 2010 earnings news release at 7:00 a.m. EDT Thursday, July 29, 2010. The release will be posted on the Raytheon home page. The second quarter 2010 earnings results conference call will be at 9:00 …

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SAIC Wins Quater-Billion Dollar Deal from DLA, Lockheed Picks Up Two DoD Deals

According to the Department of Defense, “SAIC (NYSE: SAI) is being awarded a maximum $241, 000, 000 fixed price with economic price adjustment, indefinite quantity contract to provide support for industrial line items.  Other locations of performance are Ala., and Texas.  Using service is Army.  There were originally five proposals …

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Northrop Grumman, Raytheon SAIC Win DoD Contracts

According to the Department of Defense, “SAIC (NYSE: SAI) is being awarded a $9, 513, 837 indefinite-delivery/indefinite-quantity contract with firm-fixed-price and/or firm-fixed-price level-of-effort task orders for information technology ashore operations support services for the Navy’s Military Sealift Command (MSC).  This contract includes options which, if exercised, would bring the cumulative …

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Orbital to Make Financial Announcement Next Week

Orbital Sciences Corporation (NYSE: ORB) released the following statement: “(Orbital) will release its second quarter 2010 financial results prior to the opening of the market on Thursday, July 22, 2010. Orbital will also conduct a conference call with financial analysts and investors the same morning, beginning at 9:00 a.m. (EDT). …

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General Dynamics Books DoD Deal Triple Play

According to the Department of Defense, “General Dynamics (NYSE: GD) was awarded a $48, 215, 074 firm-fixed-price contract.  This contract is for 12, 180 Bradley reactive armor skirt tiles and 435 installation kits for the Bradley fighting vehicle system.  Work is to be performed in Haifa, Israel (47.4); Burlington, Vt. …

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Criterion Systems Names J. Greg Hanson COO

Criterion Systems promoted Dr. J. Greg Hanson the position of senior vice president and chief operating officer (COO). “I am delighted to announce Greg’s promotion – he has been instrumental in building the operations organization and expanding business with existing customers, ” said Promod Sharma, president and CEO of Criterion. …

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ITT, Northrop Grumman, BAE Systems Pick Up Navy Deals

According to the Department of Defense: “ITT (NYSE: ITT) is being awarded a $42, 498, 896 cost-plus-fixed-fee contract for technology maturation efforts in support of the next-generation jammer, which will replace the ALQ-99 tactical jamming system.  Technology maturation efforts include research in support of future development of airborne electronic attack …

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SAIC Books Space and Naval Warfare Systems Center Support Deal

SAIC (NYSE: SAI) inked a prime contract from the Space and Naval Warfare Systems Center (SPAWARSYSCEN) Atlantic, Business Systems / Enterprise Information Systems Division in support U.S. Marine Corps mass notification systems. According to the firm, “The multiple-award, indefinite-delivery/indefinite quantity contract has a one-year base period of performance, four one-year …

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L-3, BAE Pick Up Navy Deals

According to the Department of Defense “L-3 Communications (NYSE: LLL) is being awarded a maximum value $52, 781, 000 indefinite-delivery/indefinite-quantity contract for equipment systems, equipment upgrades and repairs, and program management for the Tactical Remote Sensor System (TRSS) System of Systems (SoS).  The TRSS SoS provides the capability for all-weather …

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