Search Results for: LMI

IBM Elects SVP Virginia Rometty as President, CEO as of Jan. 1, 2012

IBM‘s (NYSE: IBM) board of directors has elected 31-year company veteran Virginia M. Rometty to succeed Samuel Palmisano as president and CEO, effective Jan. 1, 2012. Palmisano will retain his position as chairman of the board. Rometty has joined the board effective of the announcement. Rometty currently serves as IBM’s senior vice president …

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Lockheed to Provide IT Architecture and Data Services on $26M Army IDIQ Order

Lockheed Martin (NYSE: LMT) information systems and global solutions has won a $26.1 million U.S. Army contract for a variety of new enterprise architecture services. The company will develop and integrate operational architecture, manage data and support data visualization for the U.S. Army Training and Doctrine Command. The award is under the ITES-2 contract vehicle and has one base …

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CMS to Award Up to $500M in Healthcare Contracts to Improve Hospital Care

The Center for Medicare & Medicaid Services will award up to $500 million of Affordable Care Act funding to ‘hospital engagement contractors’ for technology-backed programs, training and monitoring to help hospitals and providers improve care. The CMS’s Innovation Center will administer the funding, which is part of the public-private Partnership …

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General Dynamics Books $1.2 Billion in Sub Funding

General Dynamics (NYSE: GD) Electric Boat secured $1.2 billion in funding from the Navy to cover the construction of the 14th Virginia-class submarine, SSN-787. According to the firm, “the release of the funding allows procurement of long lead-time components that will support the planned official construction start later this year …

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IBM Makes Financial Moves

IBM’s (NYSE: IBM) board of directors has announced a regular quarterly cash dividend of $0.75 per common share, payable June 10 to stockholders of record May 10. According to the firm, “the board today also authorized $8 billion in additional funds for use in the company’s stock repurchase program. IBM …

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BAE Systems Weapon Solution to Expand Under New Deal

BAE Systems signed a $19.7 million deal with the Navy to expand the firm’s Advanced Precision Kill Weapon System to fixed-wing aircraft platforms for the U.S. Air Force and Navy. According to the firm, “APKWS provides aviators with a highly precise weapon that is effective against soft and lightly armored …

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Minotaur I Rocket Launches with NRO Payload

Orbital Sciences (NYSE: ORB) successfully launched a U.S. Government payload aboard a Minotaur I rocket in a mission that originated from Vandenberg Air Force Base, Calif. on Feb. 6. Saturday’s launch marked the 20th for the Minotaur launch vehicles line since 2000.  All 20 missions were deemed successful. “For just …

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ACS, A Xerox Co. to Overhaul Arkansas Court Document Management; Joe Doherty Comments

ACS, A Xerox Company (NYSE: XRX) has a deal in place with the state of Arkansas to overhaul court system with technology to electronically file and manage court documents. The process would save the state time and money, the firm reports. “Arkansas will have a solution to a problem that …

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USDA Moves to Cloud with Microsoft

The United States Department of Agriculture (USDA) is set to make a technological step forward to the cloud with help from Microsoft. USDA will become the first cabinet-level agency to move its email and collaboration applications to the cloud. The move comes on the heels of the news that GSA …

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Boeing Snaps up 5 Defense Deals; ManTech, Booz Allen Also Claim Work

According to the Department of Defense, “Boeing (NYSE: BA) was awarded a $88, 101, 000 firm-fixed-price contract for enhanced medium altitude reconnaissance and surveillance system contract which encompasses a 24-month engineering and manufacturing development (EMD) base effort for four EMD units with an option for an additional to EMD units.  …

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