TechTaffy

tech:

taffy

Wyle Among Winners Of DESP III Contract

By TechTaffy Desk

[Techtaffy Newsdesk]

Wyle has been selected as one of multiple winners to supply a range of engineering, technical and support services to the U.S. Air Force Materiel Command under the Design Engineering Support Program, also known as DESP III contract.

DESP III has a five-year ordering period with a seven-year execution period, and a contract ceiling of $1.9 billion. While the DESP III contract is specifically established within the Air Force Materiel Command, this contract vehicle may be used by all other Air Force and other DOD agencies.

The objectives of the DESP III program focus on improving system life cycle cost, operational life, performance, sustainment including maintainability and support, and safety and environmental friendliness. Engineering services are in the areas of new design, technical documentation, diminishing material and manufacturing sources, environmental improvement issues, reliability, productivity, efficiency, and cost saving.

Wyle is a provider of high tech aerospace engineering and information technology services to the federal government on long-term outsourcing contracts. The company also provides test and evaluation of aircraft, weapon systems, networks, and other government assets; and other engineering services to the aerospace, defense, and nuclear power industries.

Upload: 02-19-12

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.