Titan Corporation
The Titan Corporation was founded in 1981 in San Diego, California. They have specialized in providing information and communications products, solutions and services for intelligence agencies and the Department of Homeland Security. They are a large company with 12,000 employees worldwide, annual revenues in the neighborhood of $2 billion and they are traded on the NYSE as TTN.[1]
Lockheed Martin had dropped a $1.6 billion bid for Titan in 2004 due to settling a foreign-bribery charge in 2004 for $28.5 million.
The New York Times reported on May 19, 2005, that L-3 Communications, parent company of MPRI, is in advanced talks to buy Titan for roughly $1.8 billion. [2]. L-3 bought Titan on June 3, 2005, for $1.97 billion, pay $23.10 per share and assuming $680 million of Titan's debt. (WSJ June 3, 2005)
- Former President - Eric M. DeMarco
Contents
Contracts
- They were hired by the US military to provided translation services receiving $112.1 million in 2003. They are currently a part of a six company, $3 billion contract to provide communications equipment to the Secret Service, DEA and FBI.
- They have a $54.8 million contract with the Airbourne Warning and Control System to support the development of spy planes. They also have an $18 million to design war games for the US Navy. [3]
- Titan received a competitive contract with a potential value of $163.9 million from the US Army Space and Missle Defense Command on behalf of the U.S. Northern Command for the US Joint Task Force Civil Support on January 12, 2005. The contract is "to provide a full range of planning, analysis, exercise, and information technology services for Chemical, Biological, Radiological, Nuclear, and High-Yield Explosive (CBRNE) Consequence Management operations," a Titan press release announced. [4]
- Titan announced on February 14, 2006, they had received a "$350 million, five-year, multiple award, indefinite-delivery, indefinite-quantity (ID/IQ) task-based contract" from the Department of Homeland Security to support the National Excercise Program. [5]
Abu Ghraib
- Titan had two employees, John Israel and Adel Nakhia[6], in the Abu Ghraib mess [7] which led to discussions and lawsuits in regards to the role and accountability of contractors on the battlefield.[8]
- Titan is involved in two court cases involving their participation at Abu Ghraib
Board of Directors
- Gene W. Ray: Chairman of the Board and chief executive officer
- Peter A. Cohen: Lead director
- Michael B. Alexander
- Dr. Edward H. Bersoff
- Joseph F. Caligiuri
- Daniel J. Fink
- Susan Golding (former mayor of San Diego)
- Robert Hanisee
- Robert E. La Blanc
- Jim Roth
- Joseph R. Wright, Jr.
Sector Presidents
- Lawrence J. Delaney: Executive Vice President of Operations and President of Advanced Systems Development Sector
- Allen D. Branch: Senior Vice President and President of Maritime and Intelligence Sector
- Thomas Brennan: President Sea and Air Sector
- A. Anton Frederickson: Senior Vice President and President of Applied Technologies Sector
- Ron Gorda: Senior Vice President and President of Informationa Products Sector
- Robert Osterloh: Senior Vice President and President of Systems Integration Sector
- Earl Pontius: Senior Vice President and President of Resources Sector
- Leslie A. Rose: Senior Vice President and President of Technical Resources Sector
Lobbying Expenditures
| Year | Amount | Firm |
|---|---|---|
| 1998 | $100,000 | PMA Group ($80K); Collins Group International ($20K) |
| 1999 | $240,000 | PMA Group |
| 2000 | $100,000 | PMA Group ($220K) |
| 2001 | $460,000 | Carmen Group ($160,000); PMA Group ($120K) |
| 2002 | $300,000 | PMA Group ($120K) |
| 2003 | $500,000 | Northpoint Strategies ($240K); Copeland Lowery & Jacquez ($100K); PMA Group ($20K) |
| 2004 | $340,000 | Copeland Lowery & Jacquez ($140K); Northpoint Strategies ($140K) |
| 2005 | $220,000 | Titan Corp |
Contact Information
The Titan Corporation
3033 Science Park Road
San Diego, California 92121
Phone: (858) 552-9500
Fax: (858) 552-9645
