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HPE Strikes $1.3B Cash Deal for Cray; Antonio Neri, Peter Ungaro Quoted

Hewlett Packard Enterprise (NYSE: HPE) has agreed to acquire Cray (Nasdaq: CRAY) for approximately $1.3B in cash, or $35 per share, in a move to expand high-performance computing technology offerings. HPE said Friday it expects the deal to conclude by the first quarter of its fiscal year 2020 and to …

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Siemens, DOE, Other Partners to Build Energy Mgmt System for Autonomous, Resilient Ops

TYSONS CORNER, VA, May 17, 2019 — Siemens‘ New Jersey-based central research and development unit will collaborate with the Department of Energy to develop a system that will work to manage distributed energy resources under a $6.4M contract, ExecutiveBiz reported Thursday. Ulrich Muenz and Sindhu Suresh of Siemens Corporate Technology, …

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Cray Secures $600M DOE Contract to Build AI-Based Supercomputer

Cray (Nasdaq: CRAY) has received a potential $600M contract from the Department of Energy to develop an artificial intelligence-based computing machine that can offer analytics and machine learning for national security, energy, healthcare and manufacturing applications. DOE said Tuesday it expects the “Frontier” supercomputer to roll out at the Oak …

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DHS Awards LMI $25M Task Order to Provide Program Management and Technical Support Services

The Department of Homeland Security Science and Technology Directorate Office of National Laboratories awarded LMI a $25 million task order with options for multiple years to provide program management and technical support services with two additional one-year options to extend the task order, LMI announced on Tuesday.  LMI will provide …

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AECOM-Led Team Gets $750M DOE Liquid Waste Mgmt Contract Extension; John Vollmer Quoted

An industry team led by AECOM (NYSE: ACM) received a $750M contract extension to continue liquid waste management efforts at the Department of Energy’s Savannah River Site in South Carolina. AECOM said Tuesday that Savannah River Remediation will operate saltstone production and defense waste processing facilities as part of the extended …

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Intel-Cray Team to Build First Exascale Supercomputer for DOE Lab Under $500M Contract

The Department of Energy selected a team of Intel (Nasdaq: INTC) and Cray (Nasdaq: CRAY) to build and deliver a supercomputing system to DOE’s Argonne National Laboratory in Chicago by 2021 under a contract worth more than $500M. DOE said Monday the Aurora machine is designed to integrate exaFLOP computational capacity …

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GE, Framatome, Westinghouse Secure $111M in DOE Fuel Dev’t Funds

General Electric (NYSE: GE), Westinghouse and Framatome have secured $111.2M in financial assistance awards from the Department of Energy to develop accident tolerant fuels. ATFs are designed to increase the heat tolerance of nuclear reactors and ensure the safety, security, reliability and economy of nuclear fuel activities, DOE said Thursday. GE will …

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Craig Reed Named Serco Inc. SVP, Chief Growth Officer; Dave Dacquino Quoted

Craig Reed, a 35-year GovCon veteran, has joined Serco Group’s North American subsidiary as a senior vice president and chief growth officer. He will report to Dave Dacquino, chairman and CEO of Serco Inc., and lead business development and corporate strategy efforts such as mergers and acquisitions, market intelligence and …

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HPM Awarded $152M DOE Occupational Medical Service Contract

HPM Corp. has won a potential seven-year, $152M contract from the Department of Energy to help manage the safety and health of workers at a former nuclear production complex in Washington state. DOE said Monday the Kennewick, Wash.-based contractor will implement an occupational medical services program for the Hanford Site’s more than …

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