Tag Archives: Financial News

Boeing Books Four Defense Deals Heading into Holidays

According to the Department of Defense, “Boeing (NYSE: BA) is being awarded a $13, 359, 590 firm-fixed-price delivery order #0012 under previously awarded contract (N00383-07-G-005H) for Avionics Repair Facility support for repairs of various components of the F/A-18 aircraft.  Work will be performed in Lemoore, Calif. (49 percent); Cecil Field, …

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Clouds Continue to Roll In: IBM Looks at Cloud Solutions for NATO

IBM (NYSE: IBM) was selected by NATO’s Allied Command Transformation to look at ways the organization might use cloud computing to improve communications between its 28 member nations. The project supports NATO’s “efforts to restructure the alliance to meet 21st century technology challenges.” “We are pleased to share IBM’s expertise …

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ManTech Wins Deal to Support National Drug Intelligence Center

ManTech (NASDAQ:MANT) picked up a task order under to provide program support services to the National Drug Intelligence Center (NDIC). The deal has a year-long base term, a pair of 12-month options and is valued at $32 million. According to the firm, “the NDIC coordinates and consolidates drug intelligence from …

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SAIC Unwraps SPAWAR Contract

SAIC (NYSE: SAI) won prime contract by the Space and Naval Warfare (SPAWAR) Systems Center Pacific to support of “ashore and afloat networks and information systems” with engineering services. The ID/IQ contract has a three year base term and a pair of one-year options and a $45 million ceiling value. …

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Good News for Unisys, Part 2: PV Puvvada Breaks Down $30 Billion FBI Vehicle Position

Unisys (NYSE: UIS) has won a position on the FBI’s lucrative IT overhaul contract. 45 other firms have won the right to bid for work under the $30 billion ID/IQ. The vehicle has a eight-year term. “This contract represents an opportunity for Unisys to work with the FBI to provide …

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Good News for Unisys, Part 1: CDC Data Center Reaches High-Level Certification; Ted Davies Comments

The Unisys (NYSE: UIS) -backed CDC Mid-Tier Data Center in Atlanta, is now one of the first government data centers deemed compliant with the ISO/IEC 20000 standard “for best practices related to delivering managed services that meet business and customer requirements.” Unisys has helped the CDC run the center since …

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Deloitte’s Robin Lineberger: One to Watch in ’11

ExecutiveBiz singled out Deloitte Federal CEO Robin Lineberger as a “Person to Watch in 2011.”  Here’s why: “It’s been a little more than a year since Robin Lineberger was named CEO of Deloitte’s $1.5 billion Federal Government Services business. “‘I look forward to leading the combined team through the final …

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L-3 Grabs Aircraft Maintenance Deal from AF

L-3 Communications (NYSE: LLL) is moving forward with a deal from the U.S. Air Force Air Education and Training Command (AETC) to support trainer maintenance and precision measurement and equipment laboratory (PMEL) support. The total value of the contract with options is approximately $53 million over five years. According to …

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Ball Caps Credit Facility

Ball Corporation (NYSE: BLL) released the following financial announcement: “[The firm] has completed the closing of its new senior secured credit facility. The new $1.4 billion senior secured credit facility extends bank maturities through 2015 and provides greater flexibility for share repurchases and other corporate actions. “The new credit facility …

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4th Time’s the Charm: ITT Picks Up $1.26 Billion NASA Deal… Again

ITT Corporation (NYSE: ITT)  was awarded the Space Communications Network Services (SCNS) contract by NASA Goddard Space Flight Center worth a maximum $1.26 billion. ITT previously won the contract in 2008, 2009 and earlier this year, but the deal had been protested by incumbent Honeywell (NYSE: HON). The firm will …

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