Tag Archives: featured

NSA Awards L-3 Max $1B in Systems Engineering, Acquisition Support Contracts

The National Security Agency has awarded two worth up to $1 billion combined over five years to L-3 Communications (NYSE: LLL) for systems engineering and program support services. Both Enterprise Program Management contracts have a combined base value of $367.3 million to the company’s national security solutions business, L-3 said …

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Boeing to Help Air Force Sustain Ballistic Missile Guidance Tech; Peggy Morse Comments

Boeing (NYSE: BA) has been awarded a $51 million contract to maintain guidance systems for the U.S. Air Force‘s land-based intercontinental ballistic missiles. The company said Thursday it will perform sustaining engineering work on the Minuteman III ICBM guidance technology through the contract. Peggy Morse, vice president of Boeing’s directed …

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BAE Systems to Train NGA Analysts, Intell Officers; DeEtte Gray Comments

BAE Systems has won a five-year, $43 million contract to train National Geospatial-Intelligence Agency analysts and intelligence officers positioned in the U.S. and worldwide. BAE Systems will work to instruct NGA’s analysts on imagery analysis, activity based intelligence and human geography using more than 70 courses, the company said Thursday. …

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Harris to Upgrade FAA’s Alaska Flight Planning System; John O’Sullivan Comments

Harris Corp. (NYSE: HRS) has won a $98 million contract to upgrade the Federal Aviation Administration’s weather data and flight-planning system for the aviation community in Alaska. The company will also test and maintain the system under the Operational and Supportability Implementation System II program, Harris said Thursday. “OASIS is …

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Jill Singer Joins AT&T Government Solutions as National Security VP; Kay Kapoor Comments

Jill Singer, a former partner at consulting firm Deep Water Point, has joined AT&T (NYSE: T) as vice president of national security for the company’s government solutions unit. The 27-year public and private sector veteran will oversee the subsidiary’s work to deliver technology products and services to customers across the …

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January 29 Market Close: GovCon Index Rallies 1%, Jobless Claims Dip

The GovCon Index recovered some ground from a three-day stretch of losses Thursday with a gain of 0.868 points — or 1.191% percent — to close at 72.081. Boeing (NYSE: BA) was the index’s largest gainer at 5.8 percent or a second straight day and Northrop Grumman‘s (NYSE: NOC) stock jumped 2.16 percent after the company said profit …

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Tony Smeraglinolo: Engility to Integrate DTRA’s Threat Detection, Assessment System

Engility Holdings (NYSE: EGL) has been awarded five-year, $38 million contract to engineer and integrate the Defense Threat Reduction Agency’s system for detecting and combating weapons of mass destruction. The cloud-based Constellation Combating Weapons of Mass Destruction system is designed to assess threats through a common environment for government agencies to share and …

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Northrop Profit Jumps 6% for 4Q, Full 2014 Fiscal Year

Northrop Grumman (NYSE: NOC) has announced financial results for its fourth quarter and full 2014 fiscal year ended Dec. 31, 2014. The Falls Church, Va.-based aerospace and defense contractor reported a 6-percent increase in profit for the quarter to $506 million from the prior year period. Profit also grew 6 percent …

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Ken Asbury: CACI Sets Bookings, Backlog Records in 2Q

CACI International (NYSE: CACI) has announced financial results for the second quarter of its 2015 fiscal year ended Dec. 31, 2014. The Arlington, Va.-based government services contractor said its contract awards increased 162 percent to $1.88 billion from the prior year period and its total backlog as of Dec. 31, …

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Raytheon 4Q Revenue Up 5%, Profit Jumps 10%

Raytheon (NYSE: RTN) has announced financial results for the fourth quarter and full 2014 fiscal year ended Dec. 31, 2014. The Waltham, Mass.-based defense technology maker posted a 4.7-percent increase in revenue to $6.14 billion from the prior year period and a 9.9-percent growth in revenue to $586 million from …

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