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Stock Market & Financial Investment News

News Breaks
June 24, 2014
08:02 EDTXLSExelis awarded contract vehicle by GSA to provide professional services
Exelis has been awarded a contract vehicle by the General Services Administration to provide professional services to federal agencies under its One Acquisition Solutions for Integrated Services, or OASIS, program. Exelis will compete with other contractors for task orders under the multiple-award, indefinite-delivery, indefinite-quantity vehicle. OASIS enables customers to acquire professional services for integrated solutions efficiently and economically. Although the program has no ceiling value, it is a multibillion dollar vehicle. The contract has a five-year base and one five-year option allowing for long-term planning for complex program requirements.
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August 20, 2014
13:36 EDTXLSExelis awarded $517M U.S. Army contract
Exelis has been awarded a $517M contract for enterprise information management and information technology support services by the U.S. Army Corps of Engineer Research and Development Center, Vicksburg, Mississippi. The contract is a fixed-price incentive award and includes the base year, plus four one-year options that, if fully exercised, would extend the contract through August 2019. Exelis will provide information management and information technology support services to more than 37,000 USACE customers. Work will be performed in multiple locations that include USACE headquarters in Washington, D.C.; nine separate Engineer divisions, 44 Engineer districts -- and their associated field and area project offices -- and two data centers located in Mississippi and Oregon. The effort will also include rapid response and flexible support for emergency operations.

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