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HP to Increase Regular Quarterly Dividend 10%

Hewlett-Packard (NYSE: HPQ) announced today that its board of directors has authorized a regular quarterly dividend of 13.2 cents per share, which itInformation Technology expects to declare in May. The company said the payment represents a 1o percent increase over the previously announced dividend itInformation Technology will disburse on April 4, for... 

Navy Invites More Competition for NGEN Contract

The U.S. Navy has opened the door to more competition for the Navy’s Next Generation Enterprise Network contract, the Washington Post reported. Companies with experience managing a network of 40,000 computers or more will now be allowed to bid on the contract, according to the Post. The Navy previously required companies to have experience managing... 

HP Forms NGEN Contract Team with AT&T, Northrop, IBM

With nearly one month to go before the end of the Navy‘s request for proposals for the $4.5 billion Next Generation Enterprise Network contract, Hewlett-Packard Co. (NYSE: HPQ) has formed a comprehensive team of contractors in its effort to take home the NGEN deal. HP is teaming with AT&T (NYSE: ATT), Northrop Grumman (NYSE: NOC) and IBM (NYSE:... 

Boeing’s John Hinshaw Moves to HP as EVP of Global Tech, Business Process

John Hinshaw, HP HP (NYSE: HPQ) announced that John Hinshaw, former vice president and general manager of information solutions for Boeing (NYSE: BA), has been appointed to fill a new executive vice president of global technology and business processes position. He will join HP’s executive council on Nov. 15 and report directly to newly elected... 

GSA Awards Spots on $5B Telecom Contract to 21 Firms

The General Services Administration has awarded 21 companies positions on the $5 billion Connections II telecommunications and network support contract. The GSA calls the award a “one-stop shop for buying telecommunications, network and communications solutions”, which will support existing infrastructure and customized agency needs. The... 

Former Ebay CEO Meg Whitman Takes Over at Hewlett-Packard

Hewlett-Packard‘s (NYSE: HPQ) board of directors has appointed former Ebay CEO Meg Whitman as president and CEO, effective immediately. The appointment follows Léo Apotheker‘s resignation as president, CEO and as a director of the company. Whitman has served as a member on HP’s board for the past eight months. Ray Lane has also moved... 

HP to Provide Air Force with Workstations, PCs Equipped for Harsh Environments

Hewlett-Packard (NYSE: HPQ) will provide new workstations and desktop PCs to the U.S. Air Force as part of the branch’s enterprise ITInformation Technology purchase program. HP will include customized agency configurations that meet memory, audio and video standards and tests. The Air Force ITInformation Technology commodity council selects vendors... 
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