Posts from ExecutiveBiz for 12/03/2015

ManTech Awarded $407M Air Force Security Services Contract; Bill Varner Comments

ManTech International (Nasdaq: MANT) has received $407 million contract to provide security services for U.S. Air Force programs. The contract contains a one-year base period and nine option years, ManTech said Thursday…

John Trezza: UTC Adds to Tactical Imaging Tech Portfolio With N2 Buy

United Technologies Corp. (NYSE: UTX) has purchased infrared imaging technology developer N2 Imaging Systems for an undisclosed sum in a move to complement UTC’s intelligence, surveillance and reconnaissance portfolio…

James Reagan: Leidos Eyes SOCOM Logistics Support Contract

James Reagan, chief financial officer at Leidos, has said the Reston, Virginia-based company plans to submit a bid for a contract to provide logistics support to the U.S. Special Operations Command, the Washington Business Journal reported Wednesday…

Siemens’ Federal Arm Lands $200M Army Building Automation Systems Contract

A subsidiary of global industrial conglomerate Siemens has received a $200 million contract to update the U.S. Army‘s building automation systems that use the Desigo for Apogee software product. Siemens Government Technologies is scheduled to complete the task by Dec…

Deborah Lee James: Air Force Seeks Full 100-Plane Buy for LRS Bomber Program

Air Force Secretary Deborah Lee James has said the service branch desires to purchase 100 Long Range Strike Bomber planes under that multi-year program, Defense News reported Wednesday. Lara Seligman writes the figure James cited at a National Press Club event Wednesday corresponds to the ceiling the Air Force put on the number of bombers it would purchase under a contract it awarded to Northrop Grumman in October…

General Dynamics Board OKs Plan to Repurchase 10M Shares

The board of directors at General Dynamics (NYSE: GD) has approved a plan to buy back up to 10 million additional shares of company stock in the open market, according to a press statement released Wednesday…

State Department Seeks Sources for Email Management

The State Department has called on industry to submit ideas for the management of the agency’s email in compliance with federal requirements. The department released a request for information Monday as part of market research for commercial off-the-shelf systems and modification of existing hardware and software tools for email management…

Lockheed-Cubic-PULAU Team to Pursue Army Training Devices Maintenance Contract; Cubic’s Bill Toti Comments

Lockheed Martin has teamed up with Cubic Corp. and PULAU Corp. to pursue a U.S. Army contract for maintenance, life cycle management and sustainment work on training devices the service branch plans to deploy around the world…