tech:

taffy

U.S. Navy awards Lockheed Martin $79.5M combat management system contract

The U.S. Navy has selected Lockheed Martin’s COMBATSS-21 (COMponent-BAsed Total-Ship System—21st Century) as the combat management system for the Navy’s frigate ship program. COMBATSS-21 is the combat management system in operation on the Freedom variant Littoral Combat Ship (LCS). The five-year contract, which is worth up to $79.5 million, covers fiscal years 2016-2021.

COMBATSS-21 is built from the Aegis Common Source Library (CSL), and shares a pedigree with the Aegis Baseline 9 software developed for the Aegis cruiser and destroyer fleet, as well as international ships, the Aegis Ashore system, LCS and the Coast Guard National Security Cutters.

The CSL allows surface combatants to integrate new capabilities across the fleet. This means that ships using a CSL-derived combat system can incorporate new sensors, weapons and capability upgrades, says Lockheed Martin.

Lockheed Martin has delivered and integrated Aegis and Aegis-based products on 126 platforms in eight nations, with an additional 23 under construction or planned. Aegis and Aegis-derived systems are in service in U.S. Navy cruisers, destroyers, Littoral Combat Ships, Coast Guard National Security Cutters and Aegis Ashore sites. The navies of Japan, Spain, Norway, the Republic of Korea, and Australia have also chosen Aegis, according to the company.

[Image courtesy: Lockheed Martin]

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.