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Tag Archives: Financial News

ManTech Locks Down $488 Million MRAP Deal

ManTech (NASDAQ:MANT) signed a deal with the Army’s TACOM Contracting Center for continued logistics sustainment and support for the U.S. military’s MRAP Vehicles. The award is valued at $488 million and a potential duration of 11 months. “The MRAP program is an important facet of the U.S. military’s effort to …

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Harris Secures Int’l Comm System Deal

Harris (NYSE: HRS) won a $10 million deal to provide a secure tactical networked communication system to an unnamed international government to support security. According to the firm, “the system integrates technology from the company’s tactical radio and public safety and professional communications businesses.” “Harris leveraged its traditional defense communications …

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Monday DoD Winners Include Northrop Grumman, ITT

According to the Department of Defense, “Northrop Grumman (NYSE: NOC) was awarded a $14, 762, 658 cost-plus-award-fee contract.  The award will provide for engineering changes to the Army – Defense Integrated Human Resource System, Personal and Pay System contract for information technology services.  Work will be performed in Alexandria, Va., …

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Boeing Pins Down Pair of Army Deals

According to the Department of Defense, “Boeing (NYSE: BA) was awarded a $69, 875, 696 firm-fixed-price contract.  The award will provide for 14 new build AH-64D war replacement aircraft.  Work will be performed in Mesa, Ariz., with an estimated completion date of Dec. 31, 2012.  One bid was solicited with …

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General Dynamics, HP, BAE Systems Book Defense Deals

According to the Department of Defense, “General Dynamics (NYSE: GD) is being awarded a single $83, 587, 512 firm-fixed-price contract for Special Operations Forces information technology enterprise contracts enterprise network services in support of U.S. Special Operations Command (USSOCOM).  Under the enterprise network services contract, the selected contractor will provide …

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ATK CEO Mark DeYoung Joins Conference Lineup

ATK (NYSE: ATK) will webcast CEO Mark DeYoung’s presentation at the Cowen & Company’s 32nd Annual Aerospace & Defense Conference. DeYoung will speak Wed., Feb. 9, 2011 in New York City at 10:35 a.m. According to the firm, “access to the audio-only webcast will be available at: http://www.atk.com/InvestorRelations/investrelate_investorinfo.asp.  A replay …

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Citizant Books New Contracts; Plans to Expand Workforce

Citizant expects to add some 40 new employees in 2011 after booking eight contracts worth $61 million. The firm booked work with the departments of Justice, Homeland Security, and Housing and Urban Development. “It’s a tremendous honor to be able to help government organizations tackle significant challenges in areas that …

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Minotaur I Rocket Launches with NRO Payload

Orbital Sciences (NYSE: ORB) successfully launched a U.S. Government payload aboard a Minotaur I rocket in a mission that originated from Vandenberg Air Force Base, Calif. on Feb. 6. Saturday’s launch marked the 20th for the Minotaur launch vehicles line since 2000.  All 20 missions were deemed successful. “For just …

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ThalesRaytheonSystems Books USMC Prototype Deal

ThalesRaytheonSystems was picked to demonstrate a prototype system for the Marine Corps’ Common Aviation Command and Control System. The prototype agreement is valued at $5 million. The firm will present its proposed CAC2S system later this year at Camp Pendleton, Calif. “We are reaching across industry to offer the Marines …

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Powerwave Releases Financial Stats, Sees Growth

Powerwave Technologies (Nasdaq: PWAV) released preliminary financial results for the fourth quarter ended Jan. 2, 2011. The firm reported net sales in the fourth quarter of fiscal 2010 worth $175.6 million, compared with $142.6 million during the same timeframe in fiscal 2009.  Total revenue for fiscal 2010 was $591.5 million …

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