Business/Financial
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Business/FinancialEarnings, Sales Tumble At Exelis In First Quarter
ITT Exelis [XLS] on Friday reported double-digit dips in both its profits and sales amid tightening defense budgets and corporate restructuring charges that lopped $49 million off the bottom line. […]
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Business/FinancialGSA’s OASIS Contract Vehicle Still Has Quirks To Work Out, Soloway Says
There are still plenty of wrinkles to be ironed out if the General Services Administration (GSA) wants to get the most out of its One Acquisition Solution for Integrated Services […]
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Business/FinancialATK Ends Fiscal Year With Strong Earnings Despite Sales Drop
ATK [ATK] yesterday closed its fiscal year on a solid note as net income was up in the double-digits despite a double-digit decline in sales. Net income in the fourth […]
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Business/FinancialRaytheon Establishes Headquarters For Realigned Business Segments
Raytheon [RTN] yesterday announced new headquarters locations for two newly realigned operating segments, with the Intelligence, Information and Services (IIS) business to be located in Northern Virginia and the Space […]
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Business/FinancialCBP Seeks Proposals For Mobile Video Surveillance System
Customs and Border Protection (CBP) this week issued a Request for Proposals from small businesses for the Mobile Video Surveillance System (MVSS), which would consist of a day/night surveillance capability […]
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Business/FinancialRolls-Royce Acquires High Temperature Composites Manufacturer
Britain’s Rolls-Royce yesterday said it has acquired California-based Hyper-Therm High Temperature Composites Inc., a producer of ceramic matrix composites (CMCs), which are expected to become the industry standard in the […]
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Business/FinancialCACI’s Earnings, Sales Down In Third Quarter
CACI International [CACI] yesterday posted lower net income and sales in its third quarter due to the draw down of war operations in Afghanistan, the effects of sequestration, and higher […]
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Business/FinancialCoast Guard Awards Huntington Ingalls Contract For Sixth Security Cutter
The Coast Guard yesterday said it has awarded Huntington Ingalls Industries [HII] a $487.1 million contract for construction of the sixth National Security Cutter, which will be built at the […]
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ArmySRA To Support Army’s Passive RFID Project
SRA International yesterday said it has received a potential five-year, $30 million contract to support an Army program that tracks the shipments of Defense Department assets using radio frequency identification […]
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Business/FinancialRaytheon Nabs Contract To Further Secure Jordanian Border
Raytheon [RTN] recently won a three-year, $35.6 million contract from the Pentagon’s Defense Threat Reduction Agency (DTRA) to provide an integrated surveillance solution for about 250 kilometers of Jordan’s land […]