:

Business/Financial

Lockheed Martin Nabs FBI Contract To Develop Multi-Modal Biometric Database

DDN

Wednesday, February 13th, 2008

SHARE:

By Calvin Biesecker The FBI yesterday selected Lockheed Martin [LMT] as the systems integrator for an award potentially worth nearly $1 billion to design, develop and deploy its Next Generation Identification (NGI) System, which will expand its current electronic fingerprint-based database to include multiple biometrics to better improve the identification and capture of criminals and terrorists. The initial value of the contract, which includes a base year and nine option years, is nearly $40 million for the first year and…

Congress

SASC’s FY ‘27 NDAA Sticks With Army’s Plan For Legacy Aviation Procurement Cuts

The Senate Armed Services Committee’s (SASC) version of the next defense policy sticks to the Army’s proposed plan to cut procurement of its legacy aviation fleet, and does not authorize […]

Congress

SASC Approves $1.14 Trillion FY ‘27 NDAA With ‘Right to Repair’ Reform, Stock Buyback Restriction

The Senate Armed Services Committee (SASC) has approved its $1.14 trillion version of the next defense policy bill, adopting “right to repair” reform to provide the military services’ greater ability […]

Congress

House Appropriators Unveil $1.07 Trillion FY ‘27 Defense Bill, Restore Funds For E-7, Army Aviation

House appropriators on Wednesday released their $1.07 trillion fiscal year 2027 defense spending bill, with the legislation reversing Army aviation cuts, restoring funding for the Air Force’s E-7 Wedgetail program […]

Congress

MOSA Implementation By Pentagon Lagging, GAO Official Says

While the Modular Open Systems Approach (MOSA) has been a requirement for major defense acquisition programs since January 2019 and other Defense Department acquisitions since January 2021, few programs are […]