Tag Archives: market news

Lockheed’s Dr. Ray Johnson Named to Board at NMSI

The National Math and Science Initiative (NMSI) named Dr. Ray O Johnson, Senior Vice President and Chief Technology Officer of the Lockheed Martin (NYSE: LMT) to its Board of Directors. “It is an honor to join this distinguished group and represent Lockheed Martin on the NMSI board, ” Johnson said. …

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Lockheed Martin, Raytheon Notch DoD Wins, General Dynamics Turns Two

According to the Department of Defense, “Lockheed Martin (NYSE: LMT) was awarded a $9, 356, 234 firm-fixed-price contract.  This procurement is for the definitization of an undefinitized contract action issued on contract W58RZ-06-C-0169, modification P00107.  The total not-to-exceed for modification P00107 was $19, 867, 129.  This definitization action further adds …

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ITT Rolls Out Fiscal Figures

ITT Corporation (NYSE: ITT) announced “2010 second-quarter revenue of $2.7 billion and income from continuing operations of $226 million, or $1.22 per share. Excluding special items, income from continuing operations for the quarter was $211 million, or $1.14 per share, representing 9 percent year-over-year growth. Special items resulted from the …

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Cyber Chief Keith Alexander, ManTech’s Scott Goldstein to Speak at Conference

ManTech’s (NASDAQ:MANT) senior vice president and CTO of Systems Engineering and Advanced Technology will serve as a panelist at the LandWarNet 2010 Conference. The conference will be held August 3 – 5 in Tampa, Fla. According to the firm, “Goldstein will participate in a panel discussion that will provide perspective …

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Harris Acquisition of CapRock a Done Deal

Harris (NYSE:HRS) has finalized its planned acquisition of CapRock Communications. According to Harris, “privately held CapRock was purchased for $525 million in cash, subject to post-closing adjustments. Private equity firm ABRY Partners was the majority owner of CapRock.  The firm’s CEO Peter Shaper will serve as president of the business, …

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Wes Bush Dissects Northrop’s Fiscal Figures

Northrop Grumman (NYSE:NOC) reported the following financial information: “second quarter 2010 earnings from continuing operations increased to $711 million, or $2.34 per diluted share, from $368 million, or $1.13 per diluted share, in the second quarter of 2009. The 2010 second quarter included a tax benefit of $296 million, or …

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Boeing’s Narus Acquisition a Done Deal

Boeing (NYSE: BA) has finalized its planned acquisition of Narus, “a provider of real-time network traffic and analytics software used to protect against cyber attacks and persistent threats aimed at large Internet Protocol networks.” Narus will operate within Boeing’s Network & Space Systems business as a wholly owned subsidiary. Terms …

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Deltek’s Kevin Parker on Pleasing Financial Figures

Deltek, Inc. (Nasdaq: PROJ) released the following financial results for its second quarter which ended June 30, 2010: “Q2 license revenue was $14.5 million, compared with $15.8 million in the second quarter of 2009. Maintenance and support revenue in the second quarter was $32.7 million, compared with $31.0 million in …

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SAIC, Northrop Grumman Split DoD Deal, NGC Picks Up One More

According to the Department of Defense, “Northrop Grumman (NYSE: NOC) and SAIC (NYSE: SAI) are each being awarded an indefinite-delivery/indefinite-quantity, cost-plus-fixed-fee performance-based multiple award contract for support services for Enhanced Tactical Automated Security System surveillance, detection and assessment equipment, site surveys, integration, installation and technical support.  Each contractor will be …

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General Dynamics Presents Fiscal Numbers

General Dynamics (NYSE: GD) issued the following financial statement: “General Dynamics had second-quarter 2010 earnings from continuing operations of $651 million, or $1.68 per share on a fully diluted basis, compared to 2009 second-quarter earnings from continuing operations of $621 million, or $1.61 per share fully diluted. Revenues in the …

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