tech:

taffy

Lockheed Martin Gets $980M Follow-On Contract For Missile Program

[Techtaffy Newsdesk]

Lockheed Martin, as prime contractor leading a consortium of five major defense contractors, has been awarded a follow-on contract with an estimated value of $980 million to continue work on the Command, Control, Battle Management and Communications program for the Missile Defense Agency. The contractors, known as the Missile Defense National Team, will continue development, operations, and sustainment work.

The C2BMC program is the “integrating element” for the Ballistic Missile Defense System and links the various sensors and weapon systems. The system is the force multiplier providing capabilities to integrate and globally synchronize missile defense systems and operations. The majority of the work is conducted in Arlington, Va., Huntsville, Ala., and Colorado Springs, Colo.

 

[Original Upload Date: 01-20-12]

Just in

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.

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.

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.

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. 

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.