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Tag Archives: News

General Dynamics Wins $60M to Upgrade Army Tank Displays, Thermal Vision

General Dynamics‘ (NYSE: GD) land systems business unit has won $60 million under an existing contract to upgrade Abrams tanks, according to a company announcement. The company said it will improve color displays, thermal vision,  a remote operated weapon station, a tank-infantry phone and a thermal management system. The company said the win …

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Army Dishes Out $250M to Contractors for Cloud Services

The U.S. Army has awarded a $249.8 million firm-fixed-price contract for cloud computing services to a group of contractors in support of the Army’s program executive office for enterprise information systems, the Pentagon announced Thursday. Winning companies include: Lockheed Martin Corp. (NYSE: LMT) IBM Corp. (NYSE: IBM) HP Enterprise Services …

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SAIC Wins Potential $55M Award to Deploy Army Training Device

SAIC Inc. (NYSE: SAI) will continue simulator and training device development work for the U.S. Army‘s program executive office for simulation, training and instrumentation on a potential $55 million task order, the company announced today. The task order has one base year with four one-year options. SAIC said it will implement One …

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General Dynamics Adds Division for Surveillance, Imaging Solutions

General Dynamics‘ (NYSE: GD) advanced information systems business unit has added a new global imaging technologies division, the company announced today. General Dynamics said it intends for the move to expand the company’s offerings for defense and homeland security customers, including its portfolio of electro-optical infrared cameras. “As we continue to expand on General Dynamics Global Imaging Technologies’ …

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Lockheed to Receive $1.96B in UAE Missile Interceptor Deal

Lockheed Martin (NYSE: LMT) has confirmed a foreign military sales agreement reported last week by Bloomberg, announcing it has won a $1.96 billion contract to supply two Terminal High Altitude Area Defense weapon systems to the U.S. Missile Defense Agency. Lockheed said in its release it will provide the THAAD weapon systems and …

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Raytheon Racks Up $50M in ISR, Electronic Warfare Awards

Raytheon Co.‘s (NYSE: RTN) electronic warfare business has capped a busy month that saw it place $50 million in contract awards under its belt, the company has announced. The company won work with the U.S. Navy, Air Force and international customers to provide airborne and shipboard jammers, radar warning receivers and towed decoys, among …

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Raytheon to Provide, Support NAVSEA Missile Systems with Potential $72M Deals

Raytheon Co. (NYSE: RTN) has been contracted by the Naval Sea Systems Command for work on sea and land that could total $72 million, according to a company announcement. The two separate awards are for work on the U.S. Navy‘s NATO SEASPARROW surface missile systems and the Phalanx, SeaRAM and land-based …

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General Dynamics Wins $191M Navy Award for Missile Design

General Dynamics‘ (NYSE: GD) Electric Boat subsidiary has won a $191.3 million contract modification with the U.S. Navy for continued common missile compartment concept studies, design and engineering. The modification is to an award from December 2008 and brings the total contact value to more than $708 million if all …

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BAE Gets $150M Deal to Provide Sweden, UAE with Armored Vehicles

BAE Systems‘ land and armaments unit has won two contracts worth a combined $150 million through which the company will provide RG31 and RG32M vehicles to Sweden and the United Arab Emirates. The company reported that over 2, 166 RG31 vehicles have been delivered. In addition, the RG32M is widely used …

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Terremark COO Nelson Fonseca to Succeed Kerry Bailey as Company President

Terremark, a Verizon (NYSE: VZ) company, has promoted its chief operating officer Nelson Fonseca to company president. Fonseca will succeed Kerry Bailey, who was recently named chief marketing officer of Verizon’s new organization that consolidated its enterprise operations for government and business customers. As COO, Fonseca was responsible for the company’s operational efficiency. He previously served …

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