Tag Archives: Financial News

BAE Systems Grabs South Africa MRAP Deal

BAE Systems, Land Systems South Africa won a contract valued at $130 million to handle survivability and mobility upgrades to its RG31 Mine Resistant Ambush Protected vehicles. The company is teaming with General Dynamics (NYSE: GD) Land Systems Canada on the project. According to BAE Systems, “the upgrade kits will …

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Sikorsky Delivers Upgraded Aircraft to Customs & Border Protection

Sikorsky Aerospace Services delivered the second UH-60 aircraft that has undergone “A-A” to “L” recapitalization for use by the U.S. Customs & Border Protection Agency. According to the firm, “distinguished as the fifth helicopter off the original Black Hawk helicopter production line, this fully upgraded UH-60L model will execute national …

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CSC Rolls Out Solutions for IBM’s Lotus

CSC (NYSE: CSC) added “advanced collaboration solutions” for IBM Lotus to the firm’s portfolio of Business Collaboration Solutions. According to CSC, “this set of services provides business value, adoption and cost benefits through a CSC Business Consulting practice dedicated to IBM Lotus software, and a new Collaboration as a Service …

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BAE Systems Rolls with Bradley Modification Deal

BAE Systems secured a $47 million contract modification to enhance 95 Bradley vehicles, replacing old and damaged components with updated equipment and technology. “As the mission and combat environments for our soldiers are changing, we are working to provide a modernized Bradley Fighting Vehicle that continues to perform at an …

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Orbital to Work on Iridium Project; Matt Desch Comments

Orbital Sciences reached a deal on a systems integration and test contract with Thales Alenia Space, the prime contractor for Iridium Next, Iridium Communications’ new fleet of satellites. “We are delighted that Thales Alenia has selected Orbital as systems integrator, which represents another major step forward in the development and …

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Tuesday Defense Winners Include Raytheon, Lockheed, Digital Management

According to the Department of Defense, “Lockheed Martin (NYSE: LMT) was awarded a $69, 804, 474 contract modification to cover sustaining services including logistics support, program management support, engineering services, repairs, spares and technical data in support of the C-130J unique systems.  This modification will exercise option two, years six …

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SAIC, Northrop Grumman, Booz Allen Ink Defense Contracts; General Dynamics Wins Pair

According to the Department of Defense, “General Dynamics (NYSE: GD) is being awarded a $198, 711, 000 firm-fixed-price, indefinite-delivery/indefinite-quantity contract for the manufacture and delivery of 120mm mortar ammunition for the U.S. Marine Corps Expeditionary Fire Support System.  Work will be performed in La Ferte, Saint-Aubin, France (50 percent); St. …

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Boeing Wins Trio of Defense Deals

According to the Department of Defense, “Boeing (NYSE: BA) was awarded a $134, 000, 000 contract modification, which will provide for the heavy maintenance for 2011 VC-25 aircraft 9000.  The Special Air Mission aircraft provide air transportation for the president and is one of two assigned to the 89th Airlift …

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Booz Allen Locks Up Navy Medical Deal

Booz Allen Hamilton (NYSE: BAH) won a contract from the Navy Bureau of Medicine and Surgery. The deal carries a value at $10.7 million over 27 months. According to the firm, Booz Allen “will provide on-site primary support and technical services to the BUMED M6/Chief Information Officer (CIO) office. Additionally, …

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ATK to Roll Out Fiscal Stats Feb. 3

ATK (NYSE: ATK) released the following financial statement: The firm “will webcast its investor conference call on fiscal year 2011 third-quarter financial results, which will be announced Feb. 3, prior to the opening of the market. In addition to discussion of the quarterly results, the company may discuss its outlook …

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