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Tag Archives: Financial News

PPC Hires Anthony Cicco to Global CIO Role; Charlie Hanley Comments

Project Performance Corp. has hired Anthony Cicco to serve as Global Chief Information Officer. Cicco formerly served as CIO at the GAO. “Tony will play a key role in growing the AEA group’s vision using his own wide-ranging knowledge of the industry, ” President Charlie Hanley said. “His experience will …

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Cisco to Boost Cloud Offering with newScale, Inc. Purchase

Cisco (NASDAQ: CSCO) reports that it intends to purchase newScale Inc., a firm focused on “software that delivers a service catalog and self-service portal for IT organizations to select and quickly deploy cloud services within their businesses.” The privately-held, California-based newScale helps customers “initiate the provisioning of their own systems …

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Fulcrum IT, CACI, GD, Others Move Forward with $469 Million IC Work

Fulcrum IT claimed a spot on the Joint Deployable Intelligence Support System, Engineering Technical Services Contract, a $469 million project. According to the firm, Fulcrum IT will “support the JDISS mission by establishing and maintaining certified software / systems baselines, intelligence mission applications, and remote and on-site support for a …

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General Dynamics Sails to Navy Win

According to the Department of Defense, “General Dynamics (NYSE: GD) is being awarded a $6, 587, 439 cost-plus-fixed-fee contract under previously awarded basic ordering agreement (N00024-10-G-4314) to support repair work at Norfolk Naval Shipyard on USS Eisenhower (CVN 69), USS Norfolk (SSN 714), and USS West Virginia (SSBN 736).  The …

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ManTech, Raytheon Score Defense Contracts

According to the Department of Defense, “ManTech (NASDAQ: MANT) is being awarded a $17, 573, 244 modification to a previously awarded indefinite-delivery/indefinite-quantity contract (N00421-08-D-0008) to exercise an option for the procurement of warfare analysis, modeling and simulation, software development, and analytic program support for the Naval Air Systems Command’s Warfare …

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Boeing Grabs Navy Work

According to the Department of Defense, “Boeing (NYSE: BA) is being awarded a $31, 087, 443 cost-plus-fixed-fee, cost-plus incentive contract for TRIDENT II (D5) maintenance, repair, and rebuilding in support of navigation equipment.  This contract contains options which, if exercised, will bring the total contract value to $64, 160, 867.  …

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Siemens Medical Pens $267 Million Modification with DLA

According to the Department of Defense, “Siemens Medical Solutions was issued a modification exercising the second option year on current contract SPM2D1-09-D-8314/P00037.  Award is a fixed-price with economic price adjustment type with a maximum $267, 000, 000 providing the radiology systems equipment.  There are no other locations of performance.  Using …

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CSC Names Jose Jimenez Chief Diversity Officer

CSC (NYSE: CSC) has appointed Jose Jimenez to the position of chief diversity officer. Jimenez will report to CEO Michael Laphen and Denise Peppard, vice president and chief human resources officer. According to the firm, he “will work closely with CSC executives globally to develop business initiatives that enhance customer …

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Citizant Latest Firm on $1.1 Billion DOJ Deal

Citizant secured a place as a prime contractor on the Department of Justice’s $1.1 billion ITSS-4 ID/IQ contract. CACI (NYSE: CACI) and ManTech (NASDAQ: MANT) have also won spots on the project. “ITSS-4 is a game-changing win for Citizant and a fantastic opportunity for us to create additional value for …

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Northrop Grumman Names Dave Ryan VP, GM of Intelligence Systems

Northrop Grumman (NYSE:NOC) appointed David Ryan vice president and general manager of the Intelligence Systems Division, within the firm”s Information Systems sector. The Ryan-led group “will provide enterprise and mission solutions in such areas as integrated intelligence systems, geospatial intelligence, and intelligence, surveillance, and reconnaissance processing.” He reports to Linda …

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