Tag Archives: industry news

SAIC Charts Fiscal Growth; CEO Walt Havenstein Comments

SAIC (NYSE: SAI) released financial figures for the fourth quarter and fiscal year 2011, ending Jan. 31. The firm’s revenue for the year was listed at $11.1 billion, a 2 percent raise from the previous year, and at $2.77 billion for the quarter, a 2 percent uptick. “While market conditions …

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NetWitness CEO Amit Yoran on Firm’s ‘Fast Grower’ Status

NetWitness has been selected to SmartCEO’s Fast 50 list, a breakdown of the fastest-growing firms around the Beltway. The Fast 50 distinction is the latest for a firm enjoying a wave of success. “NetWitness is a global company with strong growth across all regions.  While more than half of our …

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CSC Scores Half-Billion Dollar NOAA Deal; Jim Sheaffer Comments

CSC (NYSE: CSC), alongside team leader Riverside Technology, won an ID/IQ contract for scientific and technical support services to the National Oceanic and Atmospheric Administration (NOAA). As one of three teams, the group has access to the deal that includes a five-year period of performance and a potential value of …

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Lockheed Martin Honored with ‘Top 5 DoD Program’ Award

Lockheed Martin (NYSE: LMT) was selected by the Department of Defense (DoD) and the National Defense Industrial Association (NDIA) for a “Top 5 DoD Program Awards” for excellence in systems engineering. According to the firm, “Lockheed Martin’s Defense Readiness Reporting System-Army (DRRS-A) program was honored for its illustrated engineering excellence, …

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VMware Products Claim Important Certification; Aileen Black Comments

VMware (NYSE: VMW) announced the firm’s Sphere 4.0 and vCenter Server 4.0 products have picked up Common Criteria certification at Evaluation Assurance Level 4 (EAL4+) under the Common Criteria Evaluation and Certification Scheme (CCS). According to the firm, “Common Criteria is an international set of guidelines (ISO 15408) that provides …

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Northrop Grumman Moves to Separate from Legendary Shipbuilding Business

Northrop Grumman (NYSE: NOC) issued a statement today indicating the firm is taking concrete steps to separate from its famed shipbuilding business. The company has filed a Form 10 registration statement with the U. S. Securities and Exchange Commission “in connection with the exploration of strategic alternatives for its shipbuilding …

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ITT Makes Strides as a ‘Global Citizen’

ITT Corporation (NYSE:ITT) released its 2009-2010 Global Citizenship Report, which sees the firm making progress in the realms of environmental, social and governance areas. “Our strong focus on global citizenship is vital to both our stakeholders and our long-term business strategy, ” said Steve Loranger, ITT’s chairman, president and chief …

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Alion Science, Boeing Book Defense Contracts

According to the Department of Defense, “Alion Science and Technology was awarded a $9, 380, 531 contract, which will provide research and development on countermine detection, neutralization, and clearance to mitigate landmine and improvised explosive device threats.  At this time, $426, 587 has been obligated.  55 CONS/LGCD, Offutt Air Force …

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BAE Systems Wins Four DoD Contracts

According to the Department of Defense, “BAE Systems was awarded a $21, 428, 920 contract, which will design a new computer system that is highly resistant to cyber attack, is resilient in that it continues to render useful services in the face of attacks and faults, and can repair itself.  …

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Booz Allen’s Air Force Streak Continues; Four More Deals to Cap Successful Week

According to the Department of Defense, “Booz Allen Hamilton was awarded a $23, 601, 745 contract, which will provide Marine Corps international affairs, security cooperation, program development, technical analysis, and operations integration.  At this time, $587, 778 has been obligated.  55 CONS/LGCD, Offutt Air Force Base, Neb., is the contracting …

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