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Tag Archives: featured

FedCentric to Build Postal Service Supercomputing System; Gerry Kolosvary Comments

Chevy Chase, Md.-based big data company FedCentric Technologies has won a contract to build a high density supercomputing system for the U.S. Postal Service. FedCentric uses Silicon Graphics International‘s high density systems to help the Postal Service process mail data as the agency handles nearly 160 billion pieces of mail per …

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TCC Wins Radio Encryption Tech Order

Communications systems supplier Technical Communications Corp. (Nasdaq: TCCO) has won an estimated $870, 000 order for a radio encryption tool from Datron World Communications. TCC will provide its DSP 9000 Handset and DSP 9000 Implant Board systems to Datron under an original equipment manufacturer relationship and Afghanistan’s military is acquiring the technology, TCC …

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Army Research Lab Approves Alcoa Vehicle Armor; Mark Vrablec Comments

The U.S. Army Research Laboratory has approved an Alcoa (NYSE: AA) armor plate for use in U.S. military vehicles after being tested on a prototype ground vehicle demonstrator intended to be fuel efficient. ArmX® 5456-H151 armor plates are designed to absorb blasts and resist ballistic weapons,  Alcoa said Thursday. “Alcoa’s military-grade aluminum alloys …

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Microsoft to Roll Out Government-Focused Cloud For U.S. Agencies; Susie Adams Comments

As part of a larger company release of cloud computing-based products, programs and partnerships, Microsoft announced this week it will roll out a public cloud environment for data, applications and infrastructure designed exclusively for use by U.S. federal, state and local government agencies. In a blog post entitled “Coming soon: Government-focused …

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Report: Lockheed, Air Force Close to $2.2B Satellite Contract Signature

Lockheed Martin (NYSE: LMT) is close to signing a $2.2 billion contract with the U.S. Air Force for the fifth and sixth Advanced Extremely High Frequency satellites, according to a Reuters report. Andrea Shalal-Esa writes a preliminary deal for the satellites was agreed upon in December and another handshake agreement was made …

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Draft RFP Details $6B Defense, Intell Community IT Program

The office responsible for the Defense Intelligence Agency‘s contracting functions has released a draft request for proposals for a potential five-year, $6 billion contract covering information technology services for defense and intelligence agencies. Large and small businesses will be considered for the Enhanced Solutions for the Information Technology Enterprise program and …

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Roderick Day Named Acting Iron Mountain CFO, Brian McKeon to Step Down

Brian McKeon, executive vice president and chief financial officer at Iron Mountain, will step down from both roles on Oct. 31 and Senior Vice President Roderick Day will assume the CFO role on an acting basis. The company will consider both internal and external candidates for the full-time CFO post and …

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Exelis to Pay Shareholders 10-Cent Dividend

Exelis‘ (NYSE: XLS) board of directors has approved a 10.33-cent cash dividend for the fourth quarter of its 2013 fiscal year. Shareholders of record on Nov. 15 will receive the payment on Jan. 2, 2014, the company said Wednesday.

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CAE USA Books $85M in 2Q Military Contracts; Gene Colabatistto Comments

CAE USA, a subsidiary of the Montreal-based aerospace and defense contractor, won approximately $85 million in contracts from military customers during the second quarter, including up to $50 million in option awards over the next five years. The contracts include an option for the fourth year of a training services contract the …

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