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Tag Archives: Financial News

Brazil Places $14 Million Order with Harris

Harris (NYSE: HRS) secured $14 million in orders from Brazil for Falcon III and Falcon II tactical radios for the country’s armed forces. According to the firm, “Brazil will deploy the radios in a range of humanitarian, security and disaster relief missions, such as support for the nation of Haiti …

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SAIC Claims Navy SSP Deal

SAIC (NYSE: SAI) secured a contract with the Navy Strategic Systems Programs  Command to support project management planning and systems integration services for the Navy’s enterprise resource planning program. The deal includes a base year, with three one-year options for a potential total value exceeding $28 million. The firm will …

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Harris Makes Fiscal Move

Harris (NYSE: HRS) released the following statement: The firm’s board of directors “declared a quarterly cash dividend of  25 cents per share on the common stock, payable March 17, 2011 to shareholders of record March 7, 2011.”

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TASC Takes on Air Force Contract

TASC secured a one-year, $9 million deal with the Air Force to support the Concept Development Division of the Development Planning Directorate. The firm with the support the division, known as XRD, with services including engineering, analysis and concept development support. “XRD is responsible for almost every aspect of planning …

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BAE Buckles Up with C-130 Crashworthy Seat Deal

BAE Systems won an $8.4 million contract from the Air Force to provide crashworthy seats for C-130 aircraft. According to the firm, “the specially designed seats will help protect crewmembers in the event of mishaps or hard landings.” The firm will handle development, testing, and installation of the seat systems …

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Boeing Leadership ‘Honored’ by Air Force Tanker Win

After securing the Air Force’s $35 billion KC-X tanker contract, Boeing (NYSE: BA) leadership issued their thoughts in a statement. “We’re honored to be given the opportunity to build the Air Force’s next tanker and provide a vital capability to the men and women of our armed forces, ” CEO …

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EADS Reacts to Tanker Decision

Following the Air Force’s decision to issue the $35 billion KC-X tanker deal to Boeing (NYSE: BA), EADS North America officials expressed disappointment over the outcome. “This is certainly a disappointing turn of events, and we look forward to discussing with the Air Force how it arrived at this conclusion, …

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NCI to Buy CSC’s AdvanceMed Corp.

NCI, Inc. (NASDAQ:NCIT) has a deal in place to acquire CSC (NYSE:CSC) subsidiary AdvanceMed Corporation. AdvanceMed focuses on healthcare program integrity services specifically in the area of the detection and prevention of fraud, waste, and abuse in healthcare programs. NCI expects the deal to close in early April.  Additional details …

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Lockheed Looks for Partners Down Under

Lockheed Martin (NYSE: LMT) issued a request for information from potential partners the firm could connect with to bid for work on Australia’s MH-60R helicopter. After signing the Global Supply Chain Deed, the firm is looking to establish long-term partnerships with Australian companies. “Growth in orders for the MH-60R has …

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BAE Systems Books $41 Million Bradley Deal Modification

BAE Systems secured a $41 million contract modification “to finalize the procurement of situational awareness items required for the reset of 101 Bradley Operation Desert Storm Situational Awareness vehicles.” With the deal in place, the firm will continue purchase of 101 kits of long-lead items and additional parts in preparation …

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