Tag Archives: Computer Sciences

Business, Finance, Occupation & Industry

1 Big Winner in Pentagon's April 1 Payday

Leave a comment

By Rich Smith, The Motley Fool

Filed under:

One full month into a sequester that was supposed to gut U.S. defense spending, the Pentagon just awarded a few of its favorite contractors some $445 million in new defense contracts. And this being April Fool’s Day, let’s make this clear: No joke.

Among the contract recipients, the big winner today was United Technologies subsidiary Sikorsky Aircraft, which snagged a full third of the monies available when it won a $155.2 million modification to its firm-fixed-price, sole-source contract to supply spare parts for “various aircraft platforms” operated by the U.S. Army, Navy, Air Force, and Marine Corps. Sikorsky will be working on this contract through July 7, 2015. But while Sikorsky was the biggest winner, it wasn’t the only one. Also coming away with bags of Pentagon cash were:

  • Textron‘s Bell Helicopter division, which won a $13.1 million contract to make advance acquisitions of long-lead parts needed for the construction of 15 Lot 11 UH-1Y Super Huey utility helicopters, and 10 Lot 11 Viper attack helicopters for the Marine Corps. Completion date: September 2014.
  • Raytheon , with a $12 million contract to provide “sustainment services” to the Military Satellite Communications System’s Global Broadcast System through Oct. 31. 
  • Bringing up the rear was Computer Sciences . CSC won what’s characterized as a “maximum” of $7.2 million in the form of a firm-fixed-price, indefinite-delivery/indefinite-quantity contract to provide technical and engineering support to the Marine Corps Tactical Systems Support Activity’s Operating Forces Tactical Systems Support Center, and also to “operating forces worldwide.” Although valued at $7.2 million initially, this contract includes the possibility of three option-year-long extensions, which, if exercised, would bring the total value of the contract up to $29.9 million. Work on the base-year contract will be completed by May 6, 2014. If all three options are exercised, the contract could run through May 6, 2017.

The article 1 Big Winner in Pentagon’s April 1 Payday originally appeared on Fool.com.

Fool contributor Rich Smith has no position in any stocks mentioned. The Motley Fool owns shares of Raytheon and Textron. Try any of our Foolish newsletter services free for 30 days. We Fools don’t 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.

(function(c,a){window.mixpanel=a;var b,d,h,e;b=c.createElement(“script”);
b.type=”text/javascript”;b.async=!0;b.src=(“https:”===c.location.protocol?”https:”:”http:”)+
‘//cdn.mxpnl.com/libs/mixpanel-2.2.min.js’;d=c.getElementsByTagName(“script”)[0];
d.parentNode.insertBefore(b,d);a._i=[];a.init=function(b,c,f){function d(a,b){
var c=b.split(“.”);2==c.length&&(a=a[c[0]],b=c[1]);a[b]=function(){a.push([b].concat(
Array.prototype.slice.call(arguments,0)))}}var g=a;”undefined”!==typeof f?g=a[f]=[]:
f=”mixpanel”;g.people=g.people||[];h=[‘disable’,’track’,’track_pageview’,’track_links’,
‘track_forms’,’register’,’register_once’,’unregister’,’identify’,’alias’,’name_tag’,
‘set_config’,’people.set’,’people.increment’];for(e=0;e<h.length;e++)d(g,h[e]);
a._i.push([b,c,f])};a.__SV=1.2;})(document,window.mixpanel||[]);
mixpanel.init("9659875b92ba8fa639ba476aedbb73b9");

function addEvent(obj, evType, fn, useCapture){
…read more
Source: FULL ARTICLE at DailyFinance

Business, Finance, Occupation & Industry

Booz, Northrop, and CSC Win $123.2 Million in USAF Contracts

Leave a comment

By Rich Smith, The Motley Fool

Filed under:

The Department of Defense announced a series of new defense contracts benefiting the U.S. Air Force on Friday, with publicly traded companies reaping more than $123 million in awards, including:

  • Booz Allen Hamilton , which was awarded a $59.4 million contract modification to provide “additional systems engineering and integration support for launch test and range system programs” for the U.S. Air Force through Dec. 2.
  • Northrop Grumman , whose Technical Services division won a $47.8 million firm-fixed-price contract to provide follow-on support for DoD C-20 passenger aircraft operated by the Air Force. This work is expected to be completed by June 31.
  • Computer Sciences , whose DynCorp International subsidiary won a $16 million sole-source, short term bridge contract for unspecified “aircraft maintenance support services.” Completion date: July 31.

The article Booz, Northrop, and CSC Win $123.2 Million in USAF Contracts originally appeared on Fool.com.

Fool contributor Rich Smith has no position in any stocks mentioned. The Motley Fool owns shares of Northrop Grumman. Try any of our Foolish newsletter services free for 30 days. We Fools don’t 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.

(function(c,a){window.mixpanel=a;var b,d,h,e;b=c.createElement(“script”);
b.type=”text/javascript”;b.async=!0;b.src=(“https:”===c.location.protocol?”https:”:”http:”)+
‘//cdn.mxpnl.com/libs/mixpanel-2.2.min.js’;d=c.getElementsByTagName(“script”)[0];
d.parentNode.insertBefore(b,d);a._i=[];a.init=function(b,c,f){function d(a,b){
var c=b.split(“.”);2==c.length&&(a=a[c[0]],b=c[1]);a[b]=function(){a.push([b].concat(
Array.prototype.slice.call(arguments,0)))}}var g=a;”undefined”!==typeof f?g=a[f]=[]:
f=”mixpanel”;g.people=g.people||[];h=[‘disable’,’track’,’track_pageview’,’track_links’,
‘track_forms’,’register’,’register_once’,’unregister’,’identify’,’alias’,’name_tag’,
‘set_config’,’people.set’,’people.increment’];for(e=0;e<h.length;e++)d(g,h[e]);
a._i.push([b,c,f])};a.__SV=1.2;})(document,window.mixpanel||[]);
mixpanel.init("9659875b92ba8fa639ba476aedbb73b9");

function addEvent(obj, evType, fn, useCapture){
if (obj.addEventListener){
obj.addEventListener(evType, fn, useCapture);
return true;
} else if (obj.attachEvent){
var r = obj.attachEvent("on"+evType, fn);
return r;
}
}

addEvent(window, "load", function(){new FoolVisualSciences();})
addEvent(window, "load", function(){new PickAd();})

var themeName = 'dailyfinance.com';
var _gaq = _gaq || [];
_gaq.push(['_setAccount', 'UA-24928199-1']);
_gaq.push(['_trackPageview']);

(function () {

var ga = document.createElement('script');
ga.type = 'text/javascript';
ga.async = true;
ga.src = ('https:' == document.location.protocol ? 'https://ssl' : 'http://www') + '.google-analytics.com/ga.js';

var s = document.getElementsByTagName('script')[0];
s.parentNode.insertBefore(ga, s);
})();

Read | Permalink | Email this | Linking Blogs | Comments

…read more
Source: FULL ARTICLE at DailyFinance

Business, Finance, Occupation & Industry

Here's What This "Market-Destroying" Investor Is Buying

Leave a comment

By Selena Maranjian, The Motley Fool

Filed under:

Every quarter, many money managers have to disclose what they’ve bought and sold, via “13F” filings. Their latest moves can shine a bright light on smart stock picks.

Today, let’s look at Joel Greenblatt’s Gotham Asset Management. It’s of great interest to many investors because Greenblatt is the author of the well-regarded bestseller “The Little Book That Beats the Market” and because his system of seeking out companies with high returns on capital and hefty earnings yields. His “Magic Formula” has many fans. As my colleague Morgan Housel has noted, “The simple formula absolutely destroys market averages over time. Greenblatt backs this up with considerable statistical evidence.”

The company’s reportable stock portfolio totaled $1.7 billion in value as of Dec. 31, 2012.

Interesting developments
So what does Gotham’s latest quarterly 13F filing tell us? Here are a few interesting details:

The biggest new holdings are Wells Fargo and Computer Sciences. Other new holdings of interest include American Capital , a business development company (BDC) that’s also involved in mortgage-backed securities. It was recently upgraded by analysts at Zacks who liked its expense and debt reduction and better-than-expected earnings. Some are hoping that the company will reinstate its dividend in the near future, as management has said it would like to do, but my colleague John Maxfield has warned that the company may be too inscrutable for most investors.

Among holdings in which Gotham increased its stake were R.R. Donnelley & Sons and InterDigital . Commercial printer Donnelley provides labels, packaging, and more to the private and public sector. It also prints many thousands of forms for the SEC, and bought Edgar Online. The company took some flack recently when it released Google’s earnings report early last year. Bears worry about its debt and fear a dividend cut. The dividend recently yielded a whopping 10%.

InterDigital may have disappointed investors by not being acquired, but it’s otherwise been busy raking in licensing revenue from its many patents (generally focused on mobile telecommunications), selling many of its patents, and also winning some significant legal battles. Also boding well for the company is its last earnings report, in which it handily topped expectations.

Gotham reduced its stake in lots of companies, including Sirius XM Radio . Heavily shorted, Sirius has faced threats from automakers offering their own entertainment products, but for now they are still offering Sirius radio as well. Growing sales of vehicles is also a plus for Sirius, as is Pandora’s recent decision to start charging its heaviest users. Despite the pessimism of bears, the stock recently hit a 52-week high.

Finally, Gotham’s biggest closed positions included Herbalife and Advanced Micro Devices . Advanced Micro hasn’t been kind to many investors, averaging an annual loss of about 7% over the past 20 years and down 66% over the past year. It’s fighting a struggling PC market and has suffered some heavy free cash flow losses in recent years. …read more
Source: FULL ARTICLE at DailyFinance