MRAP-ATV Fallout Leads To Navistar Layoffs
July 13, 2009 by Matthew Potter · Comment
Filed under: Business Line, Companies, Contract Awards, Department of Defense, Events, Mississippi, Navistar, Restructuring, Services, production program
Filed under: Business Line, Companies, Contract Awards, Department of Defense, Events, Mississippi, Navistar, Restructuring, Services, production program
Oshkosh won the MRAP-ATV contract for a new vehicle for use in Afghanistan. One of the losing bidders was Navistar who had sold several thousand MRAP vehicles for use in Iraq to the U.S. Department of Defense.
Now with the fact that they did not win the contract to build the new vehicles for use in Afghanistan the company has announced layoffs at their Mississippi plant. This illustrates one of the problems with defense contracting. If you don’t continue to win contracts to provide systems or services you will eventually wither. Defense acquisition is normally for a certain number of units or for a period of time that will end. Companies win or lose contracts and that leads to contractions or expansions in work forces.
WidePoint Subsidiary iSYS Announces $10 Million in Contract Expansions and Renewals
March 16, 2010 by Business Wire Defense: Contracts News · Comment
Filed under: Syndicated Industry News
WASHINGTON--(BUSINESS WIRE)--WidePoint Corporation (NYSE AMEX:WYY), a leading provider of advanced information technology, identity assurance and protection and mobile telecom expense management (TEM) services, said today that it has received TEM service renewal orders and expansions for federal contracts representing approximately $10 million in business. The company said it has received renewal and expansion orders from Centers for Disease Control and Prevention (CDC), the Department of HomelaFiled under: Syndicated Industry News
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