Tag Archives: Computer Sciences Corp

Pentagon Issues Navy Contract Worth Up to $900 Million

By Rich Smith, The Motley Fool

Filed under:

On Wednesday, the Department of Defense awarded a series of indefinite-delivery/indefinite-quantity contracts to 15 separate companies, giving each the right to compete for future task orders valued at $180 million initially.

The awards have been issued to the following companies, which will compete on a case-by-case basis as task orders are issued: 

  • Booz Allen Hamilton Engineering Services and Booz Allen Hamilton, — both subsidiaries of McLean, Va.-based Booz Allen Hamilton Holding Corporation
  • CACI
  • Computer Sciences Corp. 
  • Engility Corp. 
  • Honeywell 
  • Lockheed Martin (NYSE: LMT)
  • ManTech
  • Science Applications International
  • Britain’s Qinetiq North America
  • Privately held Centurum Information Technology, Glotech, M.C. Dean, Scientific Research Corp, Sotera Defense Solutions.

These contracts provide for the procurement of “Decision Superiority support services” to the Navy’s Space and Naval Warfare Systems Center Atlantic, which services will encompass an “entire spectrum of non-inherently governmental services and solutions.”

The contracts contain provisions for extending them in four, successive, one-year “option year” increments. If all options are exercised, the contracts could ultimately reach $899.8 million in total value, and could run through March 2018.

The article Pentagon Issues Navy Contract Worth Up to $900 Million originally appeared on Fool.com.

Fool contributor Rich Smith has no position in any stocks mentioned. The Motley Fool owns shares of Lockheed Martin and ManTech International. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 – 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

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Source: FULL ARTICLE at DailyFinance

SAIC, Textron Among Those Getting Pentagon Contracts

By Rich Smith, The Motley Fool

Filed under:

Over the past two in-sequester days, the Pentagon has awarded a total of 42 separate contracts to various contractors, worth well over $4 billion in aggregate. Among them:

  • Privately held Marine Hydraulics International won a $7 million contract modification, under which the company will perform maintenance, alterations, and modernizations on the guided missile destroyer USS Cole. Work on the ship should be completed by June 2013.
  • Science Applications International Corp. was awarded a $21.2 million firm-fixed-price contract to perform “preventive and corrective maintenance” on software and equipment used by the Anti-Terrorism Force Protection Ashore Program Systems at 66 military installations worldwide. Initial work on the project should be complete by March of next year, but the contract contains the possibility of up to five one-year options for extension which, if exercised, would increase the contract’s value to $74.4 million in aggregate.
  • Alliant Techsystems won a $9.2 million firm-fixed-price contract modification for the company to upgrade the TS-04 control units on its Spider munitions to the TS-09 version. This contract will be complete by Jan. 31, 2014.
  • Computer Sciences Corp subsidiary DynCorp International will be paid $14.2 million on a cost-plus-award-fee incrementally funded contract to extend logistics support services to the U.S. Army’s Directorate of Logistics through Sept. 30, 2013.
  • Textron‘s Marine & Land Systems unit scored a huge win — a $113.4 million firm-fixed-price contract to supply Mobile Strike Force vehicles to the Afghan National Security Forces. Completion date: Feb. 28, 2014.

link

The article SAIC, Textron Among Those Getting Pentagon Contracts originally appeared on Fool.com.

Fool contributor Rich Smith has no position in any stocks mentioned. The Motley Fool owns shares of Textron. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 – 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

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Source: FULL ARTICLE at DailyFinance

PWC, WDC, CSC, STX: ETF Inflow Alert

By ETFChannel.com

Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Dynamic Market Portfolio (AMEX: PWC) where we have detected an approximate $55.9 million dollar inflow — that’s a 41.2% increase week over week in outstanding units (from 2,550,000 to 3,600,000). Among the largest underlying components of PWC, in trading today Western Digital Corp. (NASD: WDC) is up about 0.3%, Computer Sciences Corp. (NYSE: CSC) is up about 0.1%, and Seagate Technology Plc (NASD: STX) is higher by about 0.5%. For a complete list of holdings, visit the PWC Holdings page » …read more
Source: FULL ARTICLE at Forbes Markets