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Tag Archives: government contracting

Raytheon Books $110 Million Missile Deal

According to the Department of Defense, “Raytheon (NYSE: RTN) is being awarded a cost-plus-award-fee modification under contract HQ0276-10-C-0005, P00011.  The total award value of this action is $110, 678, 886, resulting in a new cumulative contract value of $275, 967, 245.  The modification will extend CLIN 0001 period of performance …

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Lockheed Snaps Up Air Force Work

According to the Department of Defense, “Lockheed Martin (NYSE: LMT) is being awarded a $19, 586, 819 firm-fixed-price contract modification for square window paratroop door kits applicable to C-130 aircraft.  At this point, $7, 445, 909 has been obligated.  Work will be performed in Marietta, Ga.  Warner Robins Air Logistics …

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Cisco Release Financial Stats

Cisco reported third quarter results for the period ended April 30, 2011, with net sales of $10.9 billion and net income of $1.8 billion. “This quarter played out as we expected, ” CEO John Chambers said. “We have acknowledged our challenges. We know what we have to do. We have …

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Symantec Sees Positives in Financial Report

Symantec (NASDAQ: SYMC) reported results of its fourth quarter and the fiscal year 2011, ended April 1, 2011. According to the firm, “GAAP revenue for the fiscal fourth quarter was $1.67 billion, up 9 percent year-over-year and up 8 percent after adjusting for currency. For the fiscal year, GAAP revenue …

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Raytheon Professional Services Books Deal with NATO

Raytheon’s (NYSE: RTN) Professional Services business booked a contract with NATO contract to develop an electronic Individual Training and Education Program. “The system will allow near real-time visibility by users to ensure transparency and improve the communication of training requirements and opportunities, ” said Paul Swinscoe, RPS business development director.

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QinetiQ NA Hires John Sutton to Lead Business Development

QinetiQ North America has named John Sutton to the role of senior vice president, business development. Sutton will oversee the firm’s efforts to win new business.  He joins the firm from Global Crossing and also spent six years at ManTech (NASDAQ: MANT). “Sutton is a great addition to our leadership …

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Attain Leases Space at Picatinny Technology Innovation Center

Attain signed a five-year lease at Picatinny Technology Innovation Center at the Picatinny Arsenal in New Jersey. The firm will have a team of Enterprise Resource Planning subject matter experts available onsite at Picatinny Arsenal to support the Army’s Enterprise Systems Integration Program. “Attain’s residence at the Picatinny Technology Innovation …

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Vangent Names New HR VPs; CEO Mac Curtis Comments

Vangent promoted Jennifer Bailey and Emily Markmann to VP positions in the Human Resources function. “Ms. Bailey and Ms. Markmann have both been valuable leaders at Vangent and it’s especially rewarding to see them ascend in their new roles, ” CEO Mac Curtis said. “I’ve enjoyed watching Ms. Bailey’s career …

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Rolls-Royce Rolls to DoD Deal

According to the Department of Defense, “Rolls-Royce is being awarded a $7, 397, 169 modification to a previously awarded firm-fixed-price contract (N00019-10-C-0020) to exercise an option for low power repairs in support of the CV-22 AE1107 turboshaft engines for the Air Force.  Work will be performed in Oakland, Calif. (70 …

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ITT Sails to Navy Deal

According to the Department of Defense, “ITT (NYSE: ITT) is being awarded a $19, 553, 817 modification to previously awarded contract (N00024-09-C-5395) for AN/SPS-48G(V) radar modification kits to support the Recovery Obsolescence Availability Radar (ROAR).  AN/SPS-48’s are radars that are installed on Navy ships for volume air search and surveillance.  …

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