Sprint Nextel Corp. (NYSE: S) said it has priced an underwritten public offering of $2.28 billion aggregate principal amount of 6 percent notes due 2022. The sale of the notes is expected to close on Nov.14, 2012.
ITT Exelis (NYSE: XLS) has been selected as an awardee on the GTACS (Global Tactical Advanced Communication Systems and Services) indefinite-delivery, indefinite-quantity contract with a potential ceiling of $10 billion.
Infinite Group, Inc. (OTC: IMCI) said it has been added to the team supporting CGI Group Inc. (NYSE: GIB) subsidiary CGI Federal Inc. on the indefinite-delivery, indefinite-quantity (ID/IQ), multiple-award contract for the Chief Information Officer Solutions and Partners 3 (CIO-SP3).
Harris Corp. (NYSE: HRS) said it has received $7 million in orders to deliver public safety and tactical communications systems to the U.S. Department of Homeland Security and its component agencies, the Federal Emergency Management Agency and the U.S. Coast Guard.
The board of directors for Epiq Systems, Inc. (NASDAQ: EPIQ) has declared a quarterly cash dividend of $0.09 per share of outstanding common stock. The quarterly cash dividend will be payable February 15, 2013, to shareholders of record at the close of business on January 14, 2013.