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.
ACS announced that it has signed a contract with the Defense Finance and Accounting Service (DFAS) to provide a wide range of pay-related services and support to 2.5 million Defense Department retirees and annuitants with a monthly payroll of more than $2.6 billion.
Increasingly, the major players in federal information technology and defense technology services, or government tech services, are the aerospace and defense primes.
Hewlett-Packard Co.'s plan to buy Compaq Computer Corp. is good news for GTSI Corp., according to GTSI's chief executive Dendy Young. The merger, said Young, would help his company better compete against what he called "the Dell threat."
A controversial $2 billion outsourcing contract being let by the National Imagery and Mapping Agency has been postponed in the aftermath of the terrrorist attacks on the Pentagon and the World Trade Center.
Government information technology sellers responded to the recovery efforts of the Sept. 11 terrorist attacks in the best way they knew how: by offering the services and equipment that are their mainstays. In the days following the attacks on the World Trade Center and the Pentagon, many IT companies set up relief funds and made donations to the Red Cross. But many also freely gave of their core services.
Electronic Data Systems Corp. announced the first end-user seat connection between the Washington Naval Air Facility and network operations centers in Norfolk, Va. and San Diego was established.
While the new concept of grid computing has started to flourish in the academic community, officials with IBM Corp. already are eyeing corporate and government applications that could follow recent experimental projects the company has won.
