TechTaffy

tech:

taffy

General Dynamics awarded $200M U.S. Army geospatial technology contract

By TechTaffy Desk

The U.S. Army Corps of Engineers Army Geospatial Center has awarded General Dynamics the Geospatial, Research, Integration, Development and Support (GRIDS) III contract. The multiple-award, indefinite delivery, indefinite quantity contract has a potential value of approximately $200 million for one base year with four option years.

General Dynamics will provide technical services to help coordinate, integrate and synchronize geospatial information requirements and standards across the U.S. Army, said the company in a statement. Additionally, the company will develop geospatial enterprise enabled systems to provide direct support to the warfighter. Work on this contract will be performed worldwide.

The contract was awarded to General Dynamics One Source, a joint venture of two General Dynamics companies: General Dynamics Information Technology and General Dynamics Mission Systems.

[Image courtesy: U.S. Army Geospatial Center]

Just in

Series E

Vercel raises $250M

San Francisco-based Vercel, a frontend cloud platform provider, has secured $250 million in Series E funding, bringing the company's valuation to $3.25 billion.
Series A

Worky raises $6M (Mexico)

Mexico City-based Worky, a provider of HR and payroll software solutions for Mexican companies, has closed a $6 million Series A financing round.
Industry

Amazon announces $1.31B investment in France

Amazon has announced a new investment of about $1.31 billion (€1.2 billion) in France, which the company says will lead to the creation of over 3,000 permanent jobs in the country.
Around the web

Amazon Web Services CEO Adam Selipsky to step down — CNBC

Adam Selipsky, CEO of Amazon’s cloud computing business, will step down from his role next month. Matt Garman, senior vice president of sales and marketing at Amazon Web Services, will succeed Mr. Selipsky after he exits the company June 3, writes Annie Palmer. 
AI

Palo Alto Networks, Accenture expand alliance to offer generative AI services

Palo Alto Networks and Accenture have announced the expansion of their strategic alliance to provide new offerings that combine Palo Alto Networks' Precision AI technology with Accenture's secure generative AI services.