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Tag Archives: Financial News

CACI Sees Revenue Climb; CEO Paul Cofoni Comments

CACI (NYSE: CACI) announced third quarter fiscal year 2011 revenue of $913.4 million, up more than 16 percent from the third quarter of fiscal year 2010. The firm cited gains in growth areas like C4ISR as a major driver of the returns. “We delivered a very strong quarter, exceeding our …

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SAIC Wins $90 Million of ENCORE II Work

SAIC (NYSE: SAI) won a task order from the Defense Information Systems Agency to provide technical and operations support to the Defense Enterprise Computing Center, under the ENCORE II ID/IQ. The deal carries a one-year base term, four one-year options and a total value of more than $90 million, if …

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Sikorsky Inks Army Contract

According to the Department of Defense, “Sikorsky Aircraft was awarded an $84, 599, 548 firm-fixed-price contract.  The award will provide for the conversion of seven aircraft to the Colombian Ministry of Defense to include publications and aircraft warranty.  Work will be performed in Stratford, Conn., with an estimated completion date …

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Lockheed Martin Books DoD Deal

According to the Department of Defense, “Lockheed Martin (NYSE: LMT) was awarded a $49, 107, 559 cost-plus-fixed-fee contract.  The award will provide for the operational support services for the Joint Improvised Explosive Device Defeat Organization.  Work will be performed in Arlington, Va.; Afghanistan; and Iraq, with an estimated completion date …

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Northrop Grumman Wins Army Work

According to the Department of Defense, “Northrop Grumman (NYSE: NOC) was awarded a $16, 732, 693 firm-fixed-price contract.  The award will provide for the procurement of vehicle intercom communication, vehicle testing, ten percent spares, and a contractor-provided field service representative for the Saudi Arabian National Guard.  Work will be performed …

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ATK Declares Dividend

ATK’s (NYSE: ATK) board of directors declared a quarterly cash dividend of $0.20 per share. The dividend will be payable June 30 to stockholders of record as of June 6.

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ManTech Lands on Energy Dept.’s ‘SunShot’ Project

The U.S. Department of Energy (DOE) has selected ManTech (NASDAQ: MANT) secured a prime contract from the Department of Energy to “provide scientific, engineering and technical support assistance services for the department’s SunShot Initiative.” The 17-month contract is valued at about $4 million. Terry M. Ryan, president and chief operating …

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Wyle Works with Navy on Energy Conservation Project

Wyle is teaming with the Navy on an environmentally friendly energy conservation project by “performing a test and evaluation proof of concept effort that uses small wind turbine power as an alternative, renewable power source for use on military installations.” “Wyle is focusing on small wind energy because it is …

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Harris Sees Revenue Jump; CEO Howard Lance Comments

Harris (NYSE: HRS) announced third quarter fiscal 2011 revenue of $1.41 billion, a six-percent jump over the $1.33 billion in the prior-year quarter. “Harris continued to deliver solid results in the fiscal third quarter, in spite of slowing U.S. Government spending and a difficult comparison to the prior-year third quarter, …

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Honeywell Moves Forward with FAA Deal

Honeywell (NYSE: HON) picked up a $38 million, five-year contract with the Federal Aviation Administration “to maintain security systems at more than 1, 000 locations in the agency’s Air Traffic Organization Air Traffic Systems Branch.” “Maintaining critical security systems is a key component to protecting the safety of the national …

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