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Tag Archives: market news

Big Time Stocking Stuffers for Raytheon, General Dynamics

According to the Department of Defense, “General Dynamics (NYSE: GD) was awarded an $8, 309, 718 contract.  This award will provide for one Troposcatter System, contractor furnished test equipment, contractor furnished spares kit, contractor support service, and contractor training.  Work will be performed in San Jose, Calif., with an estimated …

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Boeing Closes Summitt Purchase

Boeing (NYSE: BA) has finalized its purchase of Mont.-based Summit Aeronautics Group. Terms of the deal were not disclosed. According to the firm, “the newly acquired business will be named Boeing Helena. It will become part of Boeing Fabrication, a division of Boeing Commercial Airplanes. Boeing Helena will manufacture titanium …

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Harris Healthcare Lead Jim Traficant Breaks Down New Florida Deal

Harris (NYSE:HRS) has reached a four-year, $19 million agreement with Florida’s Agency for Health Care Administration (AHCA) to put a statewide health information exchange (HIE) infrastructure in place aimed at improving the delivery and coordination of health care. According to the firm, “the Harris solution will connect health entities across …

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$486 Million Deal for Northrop Grumman; Raytheon Wins, Too

According to the Department of Defense, “Northrop Grumman (NYSE: NOC) is being awarded a $486, 045, 178 firm-fixed-price modification to a previously awarded indefinite-delivery/indefinite quantity contract (N00019-09-D-0025) for the procurement of up to 99 litening pods; and 241 upgrade kits and associated repair support for AV-8B (domestic and allied), F/A-18A+/C/D, …

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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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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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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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Lockheed Martin, BAE Systems, Boeing Find DoD Deals Under the Tree

According to the Department of Defense, “Lockheed Martin (NYSE: LMT) was awarded a $48, 766, 679 firm-fixed-price contract.  This award will provide logistical support for the AH-64 Apache modernized and legacy target acquisition designation sight assembly and pilot night vision sensor assembly system. This includes repair and maintenance of line …

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$250 Million Deal for Boeing; General Dynamics, EADS, SAIC Book Thursday Defense Deals

According to the Department of Defense, “Boeing (NYSE: BA) was awarded a $258, 335, 790 contract modification, which will exercise fiscal 2011 Quarter II option contract line items in the basic C-17 Globemaster III sustainment partnership contract which provides total system support responsibility to Boeing for the C-17 weapon system.  …

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