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Tag Archives: Financial News

Walt Havenstein to Speak at SAIC Investor Conference in October

SAIC (NYSE: SAI) has announced details for the firm’s fourth annual Institutional Investor Conference for analysts and institutional investors in McLean, Va., on Oct. 12 and 13, 2010. According to the firm, “SAIC CEO Walt Havenstein along with other SAIC executives will provide a detailed overview of the company and …

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Serco, Alion, Northrop Grumman, DynCorp Book Defense Deal Victories

According to the Department of Defense, “Serco is being awarded a $14, 320, 218 firm-fixed-price, indefinite-delivery/indefinite-quantity contract to perform hazardous material (HM) management services and to provide consolidated HM reutilization and inventory management program support to the Fleet and Industrial Supply Center Norfolk Hazardous Material Program Office.  This contract consists …

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Score Four DoD Deals for BAE Systems

According to the Department of Defense, “BAE Systems won a $6, 699, 548 firm-fixed-price delivery order (base contract is a firm-fixed-price single award indefinite-delivery/indefinite-quantity). Delivery Order #0003 will be for the installation of the A1E Increment 2 system at the joint base located at Lewis- McChord, Wash.  This delivery order …

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GTEC Agrees to Buy Cybersecurity Firm Zytel; John Hillen Remarks

Global Defense Technology & Systems, Inc. (NASDAQ: GTEC) has a deal in place to purchase Zytel Corporation (Zytel) for $26.8 million. Zytel focuses on “cybersecurity, mission systems in support of the critical intelligence, counterterrorism, and cyber warfare missions of its national security clients.” GTEC anticipates the transaction will be in …

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Big Day at Booz: BAH Wins 5 Defense Contracts

According to the Department of Defense, “Booz Allen Hamilton was awarded a $23, 801, 224 contract, which will procure biometrics, identity management, and homeland security technologies research and analysis for Space and Naval Warfare Systems Center Atlantic. At this time, $2, 091, 297 has been obligated. 55 CONS/LGCD, Offutt Air …

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Sikorsky, Rockwell Collins, Lockheed Martin Pen Defense Deals

According to the Department of Defense, “Sikorsky Aircraft was awarded a $36, 580, 000 firm-fixed-price contract for the procurement to convert three diverted UH-60M aircraft to the Mexico Navy configuration to include the integrated operator manuals, technical data packages, and the aircraft warranty. Estimated completion time is Dec. 31, 2010, …

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ACS, A Xerox Company, Honored for Work with Riverside, Calif; Joe Doherty Speaks

ACS, A Xerox Company (NYSE: XRX) was honored with the Exceptional Service Award in Public Safety, Public Works and Administration, from the 2010 Best Fit Integrator Awards, in recognition of the firm’s ability to “develop specialized technology to help the City of Riverside, Calif., better serve its residents.” “This award …

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SAIC Picks Up Clean-Energy Support Contract

SAIC (NYSE: SAI) won a deal from U.S. Geothermal Inc. to support the San Emidio project — construction of a geothermal power plant in northwest Nevada. According to the firm, “the contract has a 15-month period of performance and a contract value of more than $22 million. Work will be …

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AT&T Claims Navy Deal, Raytheon Turns Two

According to the Department of Defense, Raytheon (NYSE: RTN) is being awarded a $9, 013, 296 cost-plus-fixed-fee delivery order against a previously issued basic order agreement (N00019-05-G-0008) for the procurement of a recurring effort to retrofit 26 operational test program sets (OTPS) and 33 electro-optical sensor unit shop repairable assembly …

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General Dynamics Inks DoD Contract, Lockheed Martin Wins Two

According to the Department of Defense, “General Dynamics (NYSE: GD) is being awarded a $5, 862, 503 modification (P00224) to previously awarded cost-plus-fixed-fee contract (M67854-02-C-2052) to provide 28 field-service representatives in support of Operation Enduring Freedom for the combat operations center program. Work will be performed in Afghanistan and is …

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