by Joe Katzman | Jun 9, 2005 | Contracts - Awards, Other Corporation, Support Functions - Other, USA
MPRI in Alexandria, VA won an $18.7 million firm-fixed-price contract for Staff Recruiter Services. Work will be performed at Fort Knox, KY and is expected to be complete by Jan. 6, 2006. There were two bids solicited on May 2, 2003, and two bids were received. The...
by Joe Katzman | Jun 8, 2005 | L3 Communications, Lockheed Martin, Mergers & Acquisitions, Other Corporation, Scandals & Investigations, USA
L-3 Communications announced has agreed to acquire The Titan Corp. for $23.10 per share of Titan common stock, in an acquisition worth an estimated $2.65 billion including assumed debt. Titan’s board of directors is unanimously recommending that shareholders...
by Joe Katzman | Jun 8, 2005 | Britain/U.K., Delivery & Task Orders, Forces - Marines, Lockheed Martin, Middle East - Other, Missiles - Anti-Armor, New Systems Tech, Other Corporation, Project Successes, USA
Predator/ SRAW-MPV Responding to an urgent request from warfighters, Lockheed Martin expanded the capabilities of its Predator anti-tank weapon and delivered 400 rounds to the U.S. Marine Corps in less than six months, prompting praise from, SRAW project officer...
by Joe Katzman | Jun 8, 2005 | C4ISR, Contracts - Awards, Design Innovations, Forces - Air, Forces - Naval, Interoperability, IT - Software & Integration, New Systems Tech, Northrop-Grumman, Procurement Innovations, Project Methodologies, Transformation, USA
Northrop Grumman Defense Mission Systems in Reston, VA has won a $25.4 million hybrid cost-plus-incentive fee/cost-plus-award fee common link integration processing (CLIP) contract. This contract includes options, which if exercised, would bring the cumulative value...
by Joe Katzman | Jun 8, 2005 | Asia - Central, Budgets
Pakistan recently unveiled a 1.09 trillion rupee (USD $18.16 billion) national budget for 2005-2006. The budget increased defense expenditures from 194 billion rupees in 2004-2005 to 223 billion rupees, a rise of more than 15%. Spending on development will also rise,...
