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Tag Archives: Financial News

ATK Picks Up $488 Million in Ammo Orders Via ID/IQ

ATK (NYSE: ATK) has received orders totaling more than $488 million for small caliber ammunition pursuant to an ID/IQ contract with the U.S. Army Contracting Command, Rock Island. According to the firm, “this order includes a mix of 5.56mm, 7.62mm and .50 caliber military ammunition.” “This latest set of orders …

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Financial News from SAIC

SAIC (NYSE: SAI) is set to release first quarter fiscal year 2012 earnings press release after close of market on June 2. According to the firm, management will discuss the financial results in a conference call beginning at 5 p.m. eastern time.

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Rolls-Royce Wins DoD Deal

According to the Department of Defense, “Rolls-Royce is being awarded a $6, 867, 154 modification to a previously awarded indefinite-delivery/indefinite-quantity contract (N00019-09-D-0006) for the repair of up to 10 T56-A-427 Series IV engines for the E-2C and C-2 aircraft.  Work will be performed in Oakland, Calif., and is expected to …

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Boeing Secures Navy Work

According to the Department of Defense, “Boeing (NYSE: BA) is being awarded a $12, 592, 123 cost-plus-fixed-fee order against a previously issued basic ordering agreement (N00019-11-G-0001) for non-recurring engineering associated with Engineering Change Proposal 6381 for the F/A-18 and EA-18G AN/APG-79 Active Electronically Scanned Array Radio Detection and Ranging General …

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BAE Systems Pins Down Software Contract

BAE Systems has been awarded a $9.4 million contract for Link-16 Software in-service support for the Joint Tactical Radio System. According to the firm, “the work will include technical support, enhancements, maintenance and upgrades to the JTRS Link-16 waveform software. The total program value could reach $24.3 million if all …

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Alion Claims Navy Deal

Alion Science and Technology booked a three-year, $4.6 million task order from the Naval Air Warfare Center Training Systems Division “to design a high-fidelity serious game to train sailors for the Littoral Combat Ship-2 Readiness Control Officer position.” “Alion is continuing its support of the VMPA Readiness Control Trainer program …

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L-3 Books Enterprise IT Work

L-3 Communications’ (NYSE: LLL) STRATIS division won a one-year, $84.9 million firm-fixed price, ID/IQ contract under the U.S. Special Operations Forces Information Technology Enterprise Contract Distributed Computing Management Services program. “The hard work and dedication of every individual on STRATIS’ USSOCOM mission support team made the difference in our selection …

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VSE Buys Wheeler Bros. for $180 Million

VSE Corporation (NASDAQ: VSEC) has a deal in place to purchase Wheeler Bros., Inc., a supply chain management company headquartered in Somerset, PA. WBI supplies vehicle parts to the U.S. Postal Service (USPS) and the Department of Defense. The deal is worth $180 million in cash. “Over the past 50 years, WBI …

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Harris Opens New Tampa Office

Harris (NYSE: HRS) opened its new facility in Tampa, Fla. in support of its customers within the U.S. Department of Defense and national intelligence programs in the region. “This facility demonstrates Harris’ commitment and long-term dedication to our customers in the Tampa region and support to our military around the …

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