The government's new program to squeeze more channels from its allotment of radio spectrum will generate up to $1 billion worth of opportunities for five companies.
Georgia officials this month will put out for bid a landmark communications outsourcing project that combines telecommunications and data services into a single contract, estimated to be worth more than $2 billion over 10 years.
Anteon has been awarded a contract by the U.S. Geological Survey to provide professional and technical services for the Biological Resources Division Western Regional Office, which includes Alaska, Hawaii, Guam, Washington, Oregon, California, Idaho, Nevada, Utah, and Arizona.
Most of the time, investor excitement and public-sector-oriented companies are mutually exclusive. But not now. The emergence of a strong appetite and intense interest in companies serving government and defense markets has been dramatic.
American Management Systems Inc. will receive $43 million in cash from National Union Fire Insurance Co. AMS had initiated a lawsuit against National Union last fall under Paul Brands, then-chairman and chief executive officer, who said the insurance company prevented AMS from reaching a reasonable settlement with the state of Mississippi over a failed tax system.
In the 10 months after Electronic Data Systems Corp. won the Navy-Marine Corps Intranet project, the company had installed only the first five seats in the program, as the Navy and Congress took a cautious approach to the massive outsourcing effort. But following the Sept. 11 attack on the Pentagon, the Navy used the NMCI program to quickly provide computer service to displaced personnel.
In the 10 months after Electronic Data Systems Corp. won the Navy-Marine Corps Intranet project, the company had installed only the first five seats in the program, as the Navy and Congress took a cautious approach to the massive outsourcing effort. But following the Sept. 11 attack on the Pentagon, the Navy used the NMCI program to quickly provide computer service to displaced personnel.
Satellite phone service providers such as Globalstar LP have long struggled to gain marketshare in a field glutted by cheaper cellular phone services. Last month, for instance, Globalstar laid off half its work force, reducing its ranks to 175 people.
Like many in the country that Tuesday morning, I arrived at work and watched in horror and disbelief as the terrorist attacks unfolded Sept. 11. Their effect on people and business around the world has been substantial, and it is not yet over.
SRA International Inc., Fairfax Va., has been awarded an eight-year contract worth up to $50 million to support a nationwide training telecommunications network for the National Guard Bureau.
American Management Systems Inc.'s third-quarter revenue will be about 5 percent less than predicted, and it will reduce its U.S. staff an additional 5 percent, the company has announced.
