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Financial Report

IBM to Provide Application Delivery and On-Site IT Support to W.R. Grace & Co.

IBM Corp. has negotiated a long-term contract to provide application management services to W.R. Grace & Co., a specialty chemicals company.  Financial terms of the deal were not disclosed. IBM Global Business Services will build a technology platform to allow W.R. Grace & Co. to update and standardize application delivery across its …

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ICF International Wins $7.4M Energy Efficiency Contract

ICF International, Inc. (NASDAQ:ICFI), has won a new contract with a U.S. based utility to design and implement energy efficiency programs for residential and commercial customers.  The three-year contract is worth $7.4 million. Mike Mernick, ICF senior VP and energy efficiency expert, said of the contract “We have established strong working relationships …

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Moore’s Law Could be Preserved Due to DNA

IBM researchers in conjunction with Paul W. K . Rothemund of the California Institute of Technology are working on a new technology that is will allow them to arrange DNA origami structures on surfaces that are compatible with current semiconductor manufacturing equipment capabilities.

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ISO 9001/AS9100 Re-Certification Awarded to Northrop Grumman Business Unit

The Navigation Systems Division (NSD) under Northrop Grumman Corp. has been re-certified in the International Organization for Standardization (ISO) 9001/AS9100. It was awarded to the Woodland Hills, California; Salt Lake City and Norfolk, VA locations.

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Perot Systems Wins 5-Year Extension to Old Mutual U.S. Life Contract

Perot Systems Corporation has won a five-year extension to its ongoing administrative services agreement with Old Mutual U.S. Life. The agreement extends the current seven-year relationship between the companies until 2014. Under terms of the agreement, Perot Systems will continue to provide ongoing insurance policy administration and IT solutions. Peter Altabef, Perot …

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CACI Wins $900 Million Army Contract

The U.S. Army’s Communications-Electronics Research Development Center has awarded a contract worth $900 million to CACI International Inc. for scientific and engineering support.  Under the contract, CACI will research, develop, and prototype systems for intelligence collection.  The award is an extension of a previous contract that CACI has held since 2006.

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USDA Awards $30 Million Contract To CSC and Six Others

A one year contract with four one-year options was awarded to six companies, among them is Falls Church based CSC. The contract calls for the firms to provide security support and has a $30 Million ceiling value for the six combined. CSC will compete with the other firms to implement …

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