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Matthew Nelson

IBM to Build, Test Neural Inference Processor Under $60M Air Force Contract

IBM (NYSE: IBM) has won a potential $60M cost reimbursement contract from the U.S. Air Force to design, verify, fabricate and test a prototype neural inference processor. The Air Force Research Laboratory received two offers for the project via a competitive acquisition process.

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Honeywell Awarded $111M to Provide Hardware for Army Tank Engine Overhaul

Honeywell (NYSE: HON) has received a potential $110.9M contract modification to provide hardware required to overhaul engines that power the U.S. Army's Abrams tanks. Services under the contract are intended to address Advanced Gas Turbine 1500 production requirements at Anniston Army Depot and support field repair efforts under the Total Integrated Engine Revitalization program, the Department of Defense said Thursday.

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Air Force Picks Seven Firms for $95M Kirtland AF Base Facility Upgrade, Maintenance IDIQ

The U.S. Air Force has awarded seven companies spots on a potential five-year, $95M contract to modernize, repair, maintain or build facilities at Kirtland AF Base in New Mexico. The AF Installation Contracting Center received 16 bids for the multiple-award IDIQ and obligated $1.6M at the time of award, the Department of Defense said Tuesday.

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