Archive: Business/Financial

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. […]

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, […]

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 […]

NSSC Acquires Perimeter Intrusion Detection Technology from Siemens

Nuclear Security Services Corp. (NSSC), a provider of critical infrastructure protection solutions to various industries, has acquired a volumetric-based perimeter alarm system from Siemens Building Technologies (SBT), in an effort to improve its competitive advantages with the technology in new markets. Terms of the deal weren’t disclosed. NSSC, a private company based in Illinois, previously […]

Briefing

*General Dynamics [GD] received a potential five-year, $48.2 million contract from the Department of Homeland Security to provide cyber situational awareness support, analysis and technical and infrastructure support to the U.S. Computer Emergency Readiness Team (US-CERT). US-CERT is the operational arm of DHS’ National Cyber Security Division and is a partnership between DHS and the […]

Army, Opus East LLC., Close Deal For Aberdeen Proving Ground Development

Construction begins next week on Government and Technology Enterprise (G.A.T.E.), a 200-acre development at Aberdeen Proving Ground, Aberdeen, Md., officials from the Army and Opus East LLC said. "We are thrilled to have signed the G.A.T.E. deal and look forward to holding a ground-breaking ceremony on Dec. 17," James Lee, president and CEO of Opus […]

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 […]