Tag Archives: wireless

TCS Reports 19% Jump in 4Q Revenue, 30% Bump in Gov’t Segment; Maurice Tose Comments

TeleCommunication Systems (NASDAQ: TSYS) has announced financial results for its fourth quarter and full 2014 fiscal year ended Dec. 31, 2014. The Annapolis, Md.-based wireless technology contractor said its revenue for the quarter grew 19 percent from the prior year period to $93.3 million and total revenue for the year was …

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Cobham Completes $1B Aeroflex Buy; Bob Murphy Comments

Cobham plc has finalized its approximately $1.46 billion acquisition of Aeroflex (NYSE: ARX) after shareholders and regulatory bodies approved the transaction. Following the completed transaction, the Aeroflex business will be consolidated with the British defense contractor’s advanced electronic solutions division and communications and connectivity business group. Cobham said Monday it expects the acquisition to boost the company’s current …

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Raytheon to Build Army Wireless-Guided Missiles

Raytheon (NYSE: RTN) has been awarded a $57, 849, 999 contract for to develop missiles for the U.S. Army that are intended to be wireless-guided missiles. The Army is obligating $19, 886, 000 in fiscal year 2014 funds in the amount of $19, 886, 000 were obligated at the time of …

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Verizon Wireless Receives 6-Month Federal Protective Service Contract Extension

Verizon Wireless (NYSE: Z) has received a six-month, $787, 000 extension on its contract with the Federal Protective Service to continue providing the agency with mobile devices and services, GSN reported Tuesday. Jacob Goodwin writes the extension period covers three base months and a three-month option period to continue the contract …

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Raytheon Wins $349M for US Wireless-Guided Missiles; Scott Speet Comments

Raytheon (NYSE: RTN) has won a $349 million contract to provide the U.S. government heavy anti-tank, wireless precision-assault missiles, the company announced Monday. The company will provide 6, 676 of the new wireless tube-launched, optically tracked, wireless-guided missiles, which gunners direct via a wireless connection. “TOW remains the U.S. Army …

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General Dynamics To Buy Military, First Responder Broadband Firm IPWireless

General Dynamics (NYSE: GD) has agreed to acquire wireless broadband provider IPWireless Inc. in a cash transaction, General Dynamics announced Monday. The Falls Church, Va.-based defense contractor did not announce the value of the transaction and expects to complete the deal in the third quarter of 2012. IPWireless will be …

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World Wide Technology’s Geek Day Visiting DC in April

World Wide Technology‘s annual information and education technology event Geek Day will be in Washington for the first time. Geek Day will take place from April 10 to 11 at the Washington Convention Center. The event will feature hands on demonstrations and information sessions from wireless, security, data center, and virtualization …

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New $4.6B Global Information Grid Program to Launch; DISA to Award Most Funds

The Defense Information Systems Agency will soon award an operations contract, which will draw the majority of $4.6 billion in funds set aside for a global information grid management services program. DISA’s current global support contracts are held by Science Applications International Corp. (NYSE: SAIC), Northrop Grumman (NYSE: NOC) and …

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Dell Expands Federal Cybersecurity, Wireless Offerings by Signing Service Agreement with Telos

Dell (NASDAQ: DELL) has signed a master service agreement with federal IT services firm Telos Corp. Government agencies can now procure Telos’ cybersecurity consulting and secure wireless services through Dell’s contract vehicles. The agreement expands an exisitng partnership between the firms. “Dell is proud to have fostered such a long and productive …

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