GovCon Wire

Lockheed Wins $315M for 2 NOAA Weather Satellites

Ross Wilkers — Fri, 17 May 2013 13:53:19 +0000

Lockheed Martin (NYSE: LMT) has won two contract options worth approximately $315 million combined to build two weather monitoring satellites for the National Oceanic and Atmospheric Administration, Space News reports. John Leslie, an agency spokesman, told Space News the option for Geostationary-orbiting Operational Environmental Satellite-T is worth $175.9 million, while GOES-U carries a $139.7 million [...]

Northrop Board Approves New $4B Share Buyback Plan, Increases Dividend; Wes Bush Comments

Ross Wilkers — Fri, 17 May 2013 13:20:07 +0000

Northrop Grumman‘s (NYSE: NOC) board of directors has approved a plan to repurchase $4 billion of the company’s common stock with the goal of retiring nearly 25 percent of the company’s outstanding shares byBudget Year the end of 2015. Northrop has 235 million shares outstanding as of March 31 and will use available cash balances [...]

Dell Enterprise Solutions Group Revenue Jumps 10%

Ross Wilkers — Fri, 17 May 2013 12:58:06 +0000

Dell (NASDAQ: DELL) has announced financial results for the first quarter of its 2014 fiscal year, reporting 10 percent higher revenue in its enterprise solutions group from the prior year period. Revenue for the quarter $3.1 billion and operating income increased 71 percent from the previous year’s quarter to $136 million. Services revenue grew 2 percent [...]

Jacobs to Help AF Integrate Commercial Technology, Manage Data

Ross Wilkers — Fri, 17 May 2013 12:11:12 +0000

Jacobs Technology has won an $8,527,294 contract from the U.S. Air Force to help configure and manage data and integrate commercial offOffice Forms Facilitator-the-shelf technology, among other engineering and technology acquisition support services. The cost-plus-fixed-fee and cost-reimbursable contract also includes a foreign military sales component for the company to travel internationally and support host nations, the [...]

Boeing Wins $25M for Poseidon Logistics

Ross Wilkers — Fri, 17 May 2013 11:32:40 +0000

Boeing (NYSE: BA) has won a $27.5 million contract modificationTypes: Administrative Change : A unilateral contract change that does not affect the contractual rights of the parties. Change order: A written order, signed byBudget Year the COContracting Officer or Change Order, directing that the contractor to make a change authorized byBudget Year the "changes" clause. [...]

John Hillen Steps Down as Sotera CEO; William Cave, Laurie Villano Named Interim Co-Leads

Ross Wilkers — Thu, 16 May 2013 20:30:54 +0000

John Hillen has stepped down as CEO of Sotera Defense Solutions after five years at the helm and will serve as vice chairman of the company’s advisory board. William Cave and Laurie Villano will serve as interim coContracting Officer or Change Order-chief executives and will continue to lead defense and intelligence solutions and cyber systems [...]

Louis Berger Group Wins $100M to Design State Dept Construction Projects; Jeffery Willis Comments

Ross Wilkers — Thu, 16 May 2013 14:28:38 +0000

The Louis Berger Group has won a $100 million contract to design and engineer construction projects at embassies and consulate sites for the U.S. State Department. LBG signed the five-year task-order-based contract with the department’s bureau of overseas buildings operations in March, the company said Thursday. The company has worked with the bureau and its [...]

DRS Wins $200M to Service Coast Guard C-130s; Don Davis Comments

Ross Wilkers — Thu, 16 May 2013 13:32:55 +0000

DRS Technologies has won a potential $200 million contract to continue refurbishing and maintaining the U.S. Coast Guard‘s C-130 planes for at least one year. The contract includes four option years for maintenance, repair and overhaul services, DRS said Wednesday. DRS’ team has provided MRO services for the Coast Guard’s C-130 planes over the past [...]

CSC Subsidiary Wins $156M to Make Anti-Nerve Gas Agent

Ross Wilkers — Thu, 16 May 2013 12:58:23 +0000

A Computer Sciences Corp. (NYSE: CSC) subsidiary has won a $156.6 million contract from the U.S. Army to develop an agent that protects soldiers from different types of nerve gases, Nextgov reports. Bob Brewin writes DynPort Vaccine will seek Food and Drug Administration approval for the “Bioscavenger” nerve gas prophylaxis after developing and testing the [...]

SAIC Wins $380M Option on DLA Supplies IDIQ

Ross Wilkers — Thu, 16 May 2013 12:11:20 +0000

Science Application International Corp. (NYSE: SAI) has won a $380,962,639 contract modificationTypes: Administrative Change : A unilateral contract change that does not affect the contractual rights of the parties. Change order: A written order, signed byBudget Year the COContracting Officer or Change Order, directing that the contractor to make a change authorized byBudget Year the [...]