tech:

taffy

Lockheed Martin Gets $4.6B GSM-O Contract

[Techtaffy Newsdesk]

The Defense Information Systems Agency (DISA) has chosen Lockheed Martin to work on the Department of Defense’s global data network.  The work will take place under a seven-year Global Systems Management Operations (GSM-O) contract. The contract would run for three years and includes two two−year options, with a total contract ceiling of $4.6 billion. The contract includes a mix of firm-fixed-price, fixed-price with incentive, cost-plus-incentive-fee, cost-plus and fixed-fee pricing plans. GSM-O is headquartered at Fort Meade, Md., with multiple support locations worldwide.

GSM-O is the largest of three DISA Global Systems Management contracts. It provides programmatic, operations, and engineering services; material; equipment; and facilities to support the lifecycle management of the network. Lockheed Martin teammates include AT&T, ACS, Serco, BAE Systems, ManTech, and other specialized and small businesses.

Upload: 06-23-12

Just in

Island raises $175M

Dallas, Texas-based enterprise browser company Island raised $175 million in Series D funding, raising the company's valuation to $3 billion.

Binance founder Changpeng ‘CZ’ Zhao sentenced to 4 months in prison — Gizmodo

Zhao pleaded guilty to money laundering violations as part of Binance’s agreement with the United States Department of Justice, writes Maxwell Zeff in Gizmodo. 

StepSecurity raises $3M

Seattle, WA-based cybersecurity startup StepSecurity has closed a $3 million seed funding round.

Microsoft’s latest Windows update breaks VPNs, and there’s no fix — PCWorld

Microsoft said this week that the most recent Windows security update for Windows 10 and Windows 11 may break VPN connections, writes Mark Hachman in PCWorld.