Tag Archives: News

Army Makes $5B IT Solutions 2 Contract Exclusive

The U.S. Army has excluded non-Army users in the Information Technology Enterprise Solutions 2 Hardware contract, Washington Technology reports. The ITES-2H contract is now restricted to Army users due to an extension through August 2013 that was approved on January 27. The follow-on contract has a ceiling value of $5 …

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Boeing Awards DRS Intel Broadcast Receiver Contract

DRS Defense Solutions has won a contract from Boeing Co. (NYSE: BA) to install a intelligence broadcast receiver onto refueling tanker planes, the company announced Thursday. Seattle-based Boeing awarded the contract through its defense, space and security business unit. Rockville, Md.-based DRS Defense Solutions will provide the Intelligence Broadcast Receiver Block …

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Raytheon Raises Annual Dividend by 16%

Raytheon Co. (NYSE: RTN) announced Wednesday that its board of directors voted to increase the company’s annual dividend. The Waltham, Mass.-based company said it raised the annual cash pay out 16 percent from $1.72 to $2.00 per share. William H. Swanson, Raytheon chairman and CEO said the move marks the …

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BAE to Develop DARPA Helicopter Radio, Sensor Systems

BAE Systems won a $34 million Defense Advanced Research Projects Agency contract to develop helicopter radio and sensor systems, the company announced Wednesday. The company will lead a research team that will develop sensor systems for helicopters to use in environments with reduced visibility. Dave Logan, a vice president and general …

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Catapult Names 25-Year Vet Adam Wieder Chief Marketing Officer

Catapult Technology Ltd. has appointed Adam L. Wieder chief marketing officer, the company announced Tuesday. The federal information technology provider said he will work closely with corporate and new business development. He will also focus on market intelligence, research and customer service. The 25-year industry veteran will report to Mark …

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Northrop Wins $96M Missile Defense Team Follow-On

Northrop Grumman Corp. (NYSE: NOC) won a $96 million follow-on contract to support the Missile Defense Agency’s ballistic missile defense operational systems, the company announced Tuesday. The Falls Church, Va.-based company is one of 5 contractors in the Missile Defense National Team. The team supports the MDA’s command, control, battle …

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Exelis to Build GPS III Payloads for Lockheed

ITT Exelis (NYSE: XLS) won a $32 million contract from Lockheed Martin Corp. (NYSE: LMT) to build satellite navigation payloads. The McLean, Va. based communications and contracting firm will develop the payloads for Global Positioning System III space vehicles three and four. Mark Pisani, a vice president and general manager …

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CNSI Appoints Stephen Walker Chief Medical Officer

CNSI has appointed Dr. Stephen B. Walker as chief medical officer, the company announced Wednesday. The 27-year healthcare veteran will manage the company’s clinical affairs unit, including its evidence-based medical policies. CNSI President Adnan Ahmed said Walker will help clients with issues involving healthcare costs, population health and experience of …

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ICF Credit Facility Borrowing Limit Raised to $500M

ICF International (NYSE: ICF) signed an amendment to allow its credit facility to borrow up to $500 million, the company announced Thursday. The five-year senior credit agreement will allow revolver borrowings of up to $400 million. The agreement also has an additional accordion feature to allow expansion by an additional …

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ManTech Team Wins $94M NASA Admin Support Contract; Terry Ryan Comments

A ManTech International Corp. (NASDAQ: MANT) and Genex Systems joint venture won a prime contract potentially worth $94 million to provide administrative and professional support to NASA’s Langley Research Center. The contract is a single-award, indefinite-delivery/indefinite-quantity contract with a five-year ordering period, according to a Wednesday announcement. Terry Ryan, president and …

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