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Tag Archives: Financial News

EADS, BAE Systems Win Defense Deals

According to the Department of Defense, “EADS was awarded a $21, 468, 420 firm-fixed-price contract.  The award will provide for the procurement of four UH-72A light utility helicopters; four airborne radio communication 231 system production cut-in; and one engine inlet barrier filter production cut-in.  Work will be performed in Columbus, …

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General Dynamics IT Moves Forward with Air Force Laptop Work

General Dynamics (NYSE: GD) Information Technology won a deal that will see the firm support the Air Force’s F-22A Integrated Maintenance Information System program. The three-year, ID/IQ has a total potential value of $23 million. With the deal in place, the firm will support preparation and delivery of durable laptops. …

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Lockheed Martin Books Massive $789 Million Missile Defense Deal

Lockheed Martin (NYSE: LMT) reached a deal with the Missile Defense Agency worth $789.8 million to cover production of the Terminal High Altitude Area Defense Weapon System. According to the firm, “the contract includes $694.9 million and for the production of 48 THAAD interceptors, six THAAD launchers, four fire control …

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HP Inks $68 Million SOCOM Deal; Dennis Stolkey Comments

HP (NYSE: HPQ) Enterprise Services won a $68.1 million data center services contract from the U.S. Special Operations Command. The deal carries a four-year term.  With the deal in place, the firm will work to cover enterprise-wide data center management support services. “The volume of stored information in the world …

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L-3 Pens Air Force Deal

According to the Department of Defense, “L-3 Communications (NYSE: LLL) is being awarded a $17, 503, 618 firm-fixed-price contract to incorporate the purchase of deployment space aircraft parts required to support the deployment of C-27J aircraft to Afghanistan by issuing a delivery order against the subject contract.  The location of …

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5 DoD Deals Roll in for Raytheon

According to the Department of Defense, “the Missile Defense Agency is awarding a cost-plus-incentive fee modification to Raytheon (NYSE: RTN) for contract N00024-07-C-6119, CLIN 0016, for $312, 663, 118.  The modification is to manufacture 24 Standard Missile-3 Block IB missiles.  The work will be performed in Tucson, Ariz.  The period …

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ATK Claims Pair of DoD Deals

According to the Department of Defense, “ATK (NYSE: ATK) is being awarded a $35, 796, 194 fixed-price incentive (firm target) contract which will provide the hard target sensing fuze, an advanced fuze system for use with BLU-109, BLU-113, and BLU-122 warheads and their associated guidance systems.  The fuze system will …

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Lockheed Rolls Out New Aircraft at Ceremony

Lockheed Martin (NYSE: LMT) introduced the first member of a new fleet of MC-130J Combat Shadow IIs for the U.S. Air Force’s Special Operations Command at a ceremony this week. Lt. Gen. Donald C. Wurster, commander, Air Force Special Operations Command, delivered a speech to mark the occasion. “The MC-130J …

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Northrop Grumman Subsidiary Wins Spot on Valuable Navy Project

Northrop Grumman (NYSE:NOC) subsidiary AMSEC LLC secured a contract from the Navy to cover the marine design and engineering services for the Puget Sound and Pearl Harbor Naval Shipyards and Intermediate Maintenance Facilities. The ID/IQ carries a total potential value of $40.2 million. “AMSEC has demonstrated expertise and leadership in …

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Qwest Snags $100 Million Data Services Deal with DISA/DITCO

Qwest Communications (NYSE: Q) secured a multi-year task order for data services from the Defense Information Systems Agency/Defense Information Technology Contracting Organization. The deal is valued at over $100 million. “Qwest is a longtime communications partner of the DoD, ” said Diana Gowen, senior vice president and general manager of …

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