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SAIC Wins $90 Million of ENCORE II Work

SAIC (NYSE: SAI) won a task order from the Defense Information Systems Agency to provide technical and operations support to the Defense Enterprise Computing Center, under the ENCORE II ID/IQ. The deal carries a one-year base term, four one-year options and a total value of more than $90 million, if …

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Lockheed Martin Books DoD Deal

According to the Department of Defense, “Lockheed Martin (NYSE: LMT) was awarded a $49, 107, 559 cost-plus-fixed-fee contract.  The award will provide for the operational support services for the Joint Improvised Explosive Device Defeat Organization.  Work will be performed in Arlington, Va.; Afghanistan; and Iraq, with an estimated completion date …

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Northrop Grumman Wins Army Work

According to the Department of Defense, “Northrop Grumman (NYSE: NOC) was awarded a $16, 732, 693 firm-fixed-price contract.  The award will provide for the procurement of vehicle intercom communication, vehicle testing, ten percent spares, and a contractor-provided field service representative for the Saudi Arabian National Guard.  Work will be performed …

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ATK Declares Dividend

ATK’s (NYSE: ATK) board of directors declared a quarterly cash dividend of $0.20 per share. The dividend will be payable June 30 to stockholders of record as of June 6.

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Harris Sees Revenue Jump; CEO Howard Lance Comments

Harris (NYSE: HRS) announced third quarter fiscal 2011 revenue of $1.41 billion, a six-percent jump over the $1.33 billion in the prior-year quarter. “Harris continued to deliver solid results in the fiscal third quarter, in spite of slowing U.S. Government spending and a difficult comparison to the prior-year third quarter, …

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Honeywell Moves Forward with FAA Deal

Honeywell (NYSE: HON) picked up a $38 million, five-year contract with the Federal Aviation Administration “to maintain security systems at more than 1, 000 locations in the agency’s Air Traffic Organization Air Traffic Systems Branch.” “Maintaining critical security systems is a key component to protecting the safety of the national …

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ATK Picks Up $488 Million in Ammo Orders Via ID/IQ

ATK (NYSE: ATK) has received orders totaling more than $488 million for small caliber ammunition pursuant to an ID/IQ contract with the U.S. Army Contracting Command, Rock Island. According to the firm, “this order includes a mix of 5.56mm, 7.62mm and .50 caliber military ammunition.” “This latest set of orders …

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Financial News from SAIC

SAIC (NYSE: SAI) is set to release first quarter fiscal year 2012 earnings press release after close of market on June 2. According to the firm, management will discuss the financial results in a conference call beginning at 5 p.m. eastern time.

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Boeing Secures Navy Work

According to the Department of Defense, “Boeing (NYSE: BA) is being awarded a $12, 592, 123 cost-plus-fixed-fee order against a previously issued basic ordering agreement (N00019-11-G-0001) for non-recurring engineering associated with Engineering Change Proposal 6381 for the F/A-18 and EA-18G AN/APG-79 Active Electronically Scanned Array Radio Detection and Ranging General …

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L-3 Books Enterprise IT Work

L-3 Communications’ (NYSE: LLL) STRATIS division won a one-year, $84.9 million firm-fixed price, ID/IQ contract under the U.S. Special Operations Forces Information Technology Enterprise Contract Distributed Computing Management Services program. “The hard work and dedication of every individual on STRATIS’ USSOCOM mission support team made the difference in our selection …

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