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Tag Archives: featured

Deltek: Pentagon Puts IT at Center of Cost-Reduction Efforts

The Defense Department is working to allocate its budget and focus on eight key information technology initiatives, the Washington Post reported Sunday. Deniece Peterson, director of research at Deltek, writes DoD wants the IT programs to reduce costs in an environment of changing regulations, budgets and workforces.. Peterson highlighted areas …

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Report: Google Buys Artificial Intell Firm DeepMind for $400M

Google Inc. (NASDAQ: GOOG) has acquired artificial intelligence company DeepMind for $400 million in an effort to grow its machine learning technology, CNET reported Sunday. Steven Musil writes DeepMind develops algorithms for various applications such as simulations, e-commerce and games by gathering techniques from machine learning systems. Google CEO Larry …

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Lockheed to Provide MDA Missile Targets for $32M

Lockheed Martin (NYSE: LMT) will provide missile defense targets and support flight test activities for the U.S. Missile Defense Agency under a $32 million contract modification. MDA will obligate $6, 582, 845 at the time of award from its fiscal year 2014 research, development, test and evaluation funds, the agency said in …

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BAE to Maintain, Update USS Chung Hoon

BAE Systems will perform maintenance and repair wors on the U.S. Navy’s USS Chung Hoon (DDG 93) vessel under a $37.4 million contract, Navaltoday.com reported Friday. The company’s Hawaii Shipyards facility was chosen for the dry-docking selected restricted availability work on the Arleigh Burke-class Aegis destroyer during fiscal year 2014. …

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Susan Miller: Inmarsat Targets Global Xpress Service for US Govt Clients

An Inmarsat Plc subsidiary will act as a value added reseller of the parent company’s Global Xpress satellite communications offering to U.S. government customers. Inmarsat Government will build and maintain that technology and provide bandwidth leases on the GX system, Inmarsat said Thursday. Susan Miller, Inmarsat Government president and CEO, said the subsidiary …

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State Taps Parsons for Disaster Recovery Bridge Project Two Years Post-Irene; Garry Higdem Comments

Parsons will build the planned Pea Island Bridge in Dare County, N.C. under a $79.6 million contract with the North Carolina Department of Transportation, the company said Thursday. “Parsons is excited to be chosen by NCDOT to construct this important project, ” said Garry Higdem, a Parsons group president, noting …

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Raytheon to Help BAE Refresh South Korea F-16 Radars; Jim Hvizd Comments

BAE Systems and Raytheon (NYSE: RTN) have signed a contract that calls for Raytheon to supply an integrated tactical radar and electronic warfare system to BAE, the prime contractor for the South Korea F-16 modernization program. Raytheon will provide its Advanced Combat Radar, ALR-69A digital warning receiver, weapon technology and …

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Raytheon Wins $1.3B Oman Missile Sale

Raytheon (NYSE: RTN) has been awarded a $1.28 billion contract to provide a ground-based air defense system to Oman under a direct commercial sale transaction. The order was booked during the fourth quarter of 2013 and includes training, support equipment and technical services, Raytheon said Thursday. Raytheon has partnered with …

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Qualcomm Buys Several Thousand Granted and Pending Patents from HP

Qualcomm (NASDAQ: QCOM) has purchased 1, 400 granted patents and pending patent applications in the U.S. from Hewlett-Packard for an undisclosed amount. The purchase also includes 1, 000 granted patents and pending patent applications from other countries and covers technologies such as the Palm, IPAQ and Bitfone mobile operating systems, Qualcomm said Thursday. Qualcomm …

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Phil Nolan Joins Capgemini Government Solutions’ Board of Directors; Tim Bridges Comments

Phil Nolan, chairman and CEO at Galeos Group, has been appointed to the board of directors at Capgemini Government Solutions where he will serve as an outside director, Capgemini said Thursday. He joined McLean, Va.-based Galeos Group in 2012 and was chairman, president and CEO of Stanley Inc. prior to Galeos. Tim Bridges, CEO …

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