tech:

taffy

Raytheon Gets $38.1M Missile System Contract

[Techtaffy Newsdesk]

Raytheon has been awarded a $38.1 million contract to provide engineering support to the Command, Control, Battle Management, and Communications (C2BMC) program for the Missile Defense Agency. Under the subcontract with Lockheed Martin, Raytheon’s Intelligence and Information Systems business will provide engineering support in the areas of communications, systems architecture, modeling and simulation, integration and test, system analysis and sensor netting.

The C2BMC program forms the critical integrating command and control function that enables the Ballistic Missile Defense System. The Missile Defense National Team leads the development and deployment of the C2BMC system for national missile defense. The National Team led by Lockheed Martin was awarded the C2BMC program originally in 2002, with most of the work conducted in Colorado Springs, Colo.; Huntsville, Ala.; and Arlington, Va.

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.