Archive: Business/Financial

NASA Gives Boeing $799.5 Million Contract For Ares I Rocket Avionics

Boeing [BA] beat out Ball Aerospace & Technologies Corp. [BLL] to win a $799.5 million avionics instrument unit for the Ares I upper stage rocket that someday will lift the Orion crew exploration vehicle into space, NASA leaders announced in a news conference yesterday. That completes the major contract awards for the Constellation Program effort […]

Air Force F-22 Raptor Stealth Fighter Reaches Full-Operation-Capability Milestone

By Michael Sirak The Air Force yesterday declared that its F-22A stealth multirole fighter aircraft has fulfilled all of its performance and operational requirements as a weapon system, and its pilots and maintainers are ready for operations, including combat employment, thereby achieving the major programmatic milestone known as full operational capability (FOC). "After years of […]

Despite Directed-Energy Weapons’ Allure, Many Issues Remain Before Fielding

By Michael Sirak Directed-energy weapons like lasers and high-powered microwaves (HPMs) still hold great promise in the eyes of Pentagon weapons designers for dramatically impacting the battlespace and how an adversary operates, but many issues remain along the path to fielding them and integrating them into mainstream military operations, a senior Pentagon official said earlier […]

Leading Service Associations To Merge

By Calvin Biesecker The Professional Services Council (PSC) and the Contract Services Association of America (CSA), the two leading trade groups that lobby in support of companies that provide a range of base support, consulting, information technology and technical services to the federal government, will merge at the start of 2008. The combined entity will […]

Northrop Grumman, Boeing, And Raytheon Will Respond To Missile Defense Follow-on RFI

By Ann Roosevelt Northrop Grumman [NOC], Raytheon [RTN] and incumbent Boeing [BA] say they will respond to the Missile Defense Agency’s (MDA) Request for Information (RFI) for the Ground-based Midcourse Defense (GMD) Segment Follow-on Effort. MDA is working on a follow-on acquisition strategy to the GMD effort now under way with Boeing as prime contractor. […]

Accenture Completes Purchase of MAXIM

Accenture [ACN] yesterday said it has completed its acquisition of defense consulting firm MAXIM Systems, Inc., giving it new capabilities in designing, developing, installing and supporting C4ISR systems for military and intelligence agencies. "C4ISR is a key strategic growth area for Accenture," Eric Stange, managing director of Accenture’s United States Defense practice, said in a […]

National Interest Security Company’s Acquisitions Enhance Intelligence Capabilities

The National Interest Security Company, LLC (NISC), controlled by DC Capital Partners LLC, announced the separate acquisitions of Athenyx and Information Manufacturing Corp. (IMC), moves expected to improve the company’s capabilities. NISC has completed acquisition of Columbia, Md.-based Athenyx, which provides expert level engineering and computer systems, support for the design, acquisition, development, integration, deployment, […]

Cross Match Takes Stake In Document Authentication Firm

Cross Match Technologies yesterday said it has acquired a minority stake in document authentication software developer AssureTec Systems to position itself to be able to offer more complete identity management solutions. Financial terms of the investment weren’t disclosed. Cross Match does get one seat on AssureTec’s four member board of directors. Cross Match’s main sales […]

The Tauri Group Awarded Potential $85M to Support DTRA

The consulting firm The Tauri Group received a potential five-year, $85 million task order as part of an indefinite delivery, indefinite quantity contract to provide advisory and assistance services to the Defense Threat Reduction Agency’s (DTRA) Chemical and Biological Technologies Directorate. The directorate provides science and technology support to DTRA and the Defense Department’s Chemical […]

EDS Gets $11.6M VA Award for HSPD-12 Smart Cards

EDS Corp. [EDS] received an $11.6 million contract from the Department of Veterans Affairs (VA) to support the implementation and deployment of Personal Identity Verification cards to all VA employees, affiliates and contractors in compliance with HSPD-12. EDS says it has worked with the VA on previous identity management projects such as the Authentication and […]