TechTaffy

tech:

taffy

Raytheon awarded up to $600 million U.S. Army strategic software systems contract

By TechTaffy Desk

Raytheon has been awarded a contract valued up to $600 million for software support and sustainment to modernize missile defense and other strategic systems. The work will be conducted at the Software Engineering Directorate, U.S. Army Aviation and Missile Research, Development and Engineering Center at Redstone Arsenal, says the company.

Rapid prototyping, hardware development, testing and validation will support Raytheon’s software engineering. Systems includes trategic missiles and launchers, radars, data mining and visualization tools, condition-based maintenance, intelligence, surveillance and reconnaissance, virtual operations centers, and cyber resiliency of fielded systems.

[Image courtesy: Raytheon]

Just in

IT

IBM to acquire HashiCorp for $6.4B

IBM and HashiCorp have entered into an agreement for IBM to acquire HashiCorp, a provider of infrastructure and security management products, for $6.4 billion.
AI

OpenAI introduces new enterprise features

OpenAI announced new features aimed at enterprise users on Tuesday, at the wake of Meta's recent LLama 3 announcement.
Around the web

Oracle is moving its world headquarters to Nashville to be closer to health-care industry — CNBC

Oracle Chairman Larry Ellison said Tuesday that the company is moving its world headquarters to Nashville, Tennessee, to be closer to a major health-care epicenter, writes Ashley Capoot.
Industry

Square expands offline payments globally

Payment processing company Square has announced the expansion of its offline payments feature to all hardware devices and countries.
Around the web

U.S. bans noncompete agreements for nearly all jobs — NPR

The Federal Trade Commission narrowly voted Tuesday to ban nearly all noncompetes, employment agreements that typically prevent workers from joining competing businesses or launching ones of their own, writes Andrea Hsu.