- October
- 28
Blue Horse Digital in Croton said that it has signed an agreement with the U.S. Department of Labor in Washington to catalog, digitize and make thousands of the department’s videotapes accessible on the computer desktops of authorized users.
Blue Horse Digital said that the labor department joins a list of current and past clients that include Altria, Burlington Northern Santa Fe Railroad, The Hartford Insurance, Philip Morris International, the Naval Research Laboratory, Smucker’s and the U.S. Golf Association.
Posted by Jay Loomis on Tuesday, October 28th, 2008 at 4:42 pm |
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- October
- 27
ITT Corp. of White Plains said that it has been awarded a $206 million military contract to make equipment used by U.S. forces in Iraq and Afghanistan to thwart hostile attacks.
Troops mount the ITT devices on armored vehicles to prevent the detonation of roadside explosive devices.
“We greatly value the importance of this program and remain committed to producing the highest quality products that can be trusted by the men and women serving our nation,†Chris Bernhardt, president of ITT’s Electronic Systems business, said in a written statement.
Under the contract, ITT will make an additional 2,866 CREW 2.1 Vehicle Receiver Jammers. This the third option exercised under a $1.042 billion contract to build and deliver up to an additional 15,000 CREW 2.1 devices and spares. The contract was awarded by the U.S. Naval Sea Systems Command. ITT is building the systems at its plant in Thousand Oaks, Calif.
Posted by Jay Loomis on Monday, October 27th, 2008 at 12:02 pm |
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- October
- 23
IBM Corp., the computer services giant based in Armonk, has landed a contract that could be valued as much as $800 million from the biotech company Amgen Inc.
Under the five-year contract, IBM will provide computer services for Amgen, including assitance with electronic messaging systems, networks, helpdesk support and computer servers, according to an Amgen filing with the Securities and Exchange Commission.
The contract includes three one-year renewal options for Amgen, which is based in Thousand Oaks, Calif.
In another announcement, IBM said that it agreed to a five-year contract with Norddeutsche Landesbank Girozentrale, a major bank based in Hannover, Germany. The contract, which extends an agreement announced by the companies in 2004, calls for IBM to manage the technology infrastructure for more than 5,000 employees at the bank.
Posted by Jay Loomis on Thursday, October 23rd, 2008 at 12:41 pm |
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- October
- 21
Days after announcing third-quarter results, IBM has announced that it signed a seven-year deal in the fourth quarter with a bank in the Netherlands.
IBM was hired by Lanschot Bankiers to provide a variety of services, including help desk, network, telecommunications, mainframe, data center and transformation services. Van Lanschot Bankiers is the oldest independent bank in the Netherlands with a focus on high net-worth individuals and entrepreneurs. Financial terms of the deal, signed this month, were not disclosed.
Posted by Julie Moran Alterio on Tuesday, October 21st, 2008 at 1:36 pm |
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- October
- 9
ITT Corp. of White Plains will provide communications services for spacecraft under a NASA contract that could be valued as much as $1.26 billion.
Under the five-year contract, ITT will support a NASA program that provides most of the communications for a wide range of Earth-orbiting spacecrafts, including the International Space Station, the space shuttle, the Hubble Space Telescope and the Earth Observing System satellites.
In July, ITT said record revenue in all three of its divisions helped produce higher-than-expected profits in the second quarter.
Posted by Jay Loomis on Thursday, October 9th, 2008 at 10:41 am |
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- October
- 7
IBM Corp. of Armonk announced a four-year contract to supply mainframe management services to NV Energy, the electric utility for most of Nevada. NV Energy serves some 2.4 million Nevada residents, as well as millions of tourists visiting Las Vegas each year.
In another contract, IBM will build an energy-efficient data center for Tucson Electric Power, an Arizona-based subsidiary of Unisource Energy Corp. The value of the contracts was not disclosed.
Posted by Jay Loomis on Tuesday, October 7th, 2008 at 2:00 pm |
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- October
- 2
ITT Corp. of White Plains said that it has been awarded $41 million in contracts to provide equipment for a solar products factory under construction in China.
Under the contracts, ITT will sell pumps, valves and other products to the LDK Solar polysilicon factory in Xinyu City, China. LDK Solar is a leading manufacturer of solar wafers that are a key raw material used to produce solar cells.
Construction on the new factory began in August 2007 and is expected to be completed next year. The plant, which will have a production capacity of 15,000 tons per year, will use the ITT equipment for its cooling tower, wastewater treatment and the heating and air conditioning systems.
ITT received the contracts through Fluor China, the contractor responsible for the engineering and procurement on the project.
“We pulled resources from all of our business units in Asia and North America to support Fluor and the client in their design, and in the end showed that we are the strongest partner,†Carter Chan, vice president of ITT China sales and service, said in a written statement.
In July, ITT said record revenue in all three of its divisions helped produce higher-than-expected profits in the second quarter.
Posted by Jay Loomis on Thursday, October 2nd, 2008 at 11:33 am |
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- September
- 25
ITT Corp., a White Plains-based defense contractor, said that it has received a $153 million order for night-visision military gear from the U.S. Army.
The order covers equipment known as AN/PVS-14 night vision monocular that allows soldiers to adjust the system in varying light conditions in both urban and rural areas. The night-vision equipment can be hand-held, mounted on a weapon or fitted to a camera.
The Army order is the latest under a contract awarded to ITT in September 2005. ITT said it has received orders for more than 300,000 of the monocular devices and 3,000 night-vision goggles.
“ITT is well positioned to serve the military’s needs because it specializes in producing high-tech electronic warfare systems and equipment for the modern battlefield,†read a research report from Morningstar.
In July, ITT said that record revenues in all three of its divisions helped propel the company to higher-than-expected profits in the second quarter. The company also raised its profit forecast for 2008.
Posted by Jay Loomis on Thursday, September 25th, 2008 at 1:19 pm |
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- August
- 22
Pepsi Bottling Group of Somers will manufacture and distribute Orange Crush and its related brands at PBG operations nationally under a licensing deal the bottler announced yesterday with Crush’s owner, Dr Pepper Snapple Group in Plano, Texas.
Crush has been around since 1906, but it is not a large brand. It accounted for just 15 million cases out of 10 billion cases of soft drinks sold last year, said John Sicher, editor and publisher of Beverage Digest in Bedford Hills.
Distribution currently is spotty around the country, but that’s likely to change with yesterday’s announcement, he said. Pepsi Bottling Group has operations in all or part of 41 states and the District of Columbia. The licensing deal gives PBG a perpetual right to the brand in about 80 percent of its territories.
“They get a small but well-known flavored soda brand, which has good potential for growth,” Sicher said.
Crush is available in less than 40 percent of the U.S. market, but the deal will nearly double that penetration, Pepsi Bottling Group said. Distribution will start in 2009. Financial terms of the deal were not disclosed.
The company already makes and distributes Crush in Canada.
“Our success with the Crush brand in Canada makes us feel good about the outlook in the U.S.,” PBG spokesman Jeff Dahncke said.
Orange and grape flavors account for a 5 percent share of the U.S. carbonated soft drink market, the company said. PBG, the world’s largest distributor of PepsiCo Inc. soft drinks, also distributes Dr Pepper.
Posted by Jerry Gleeson on Friday, August 22nd, 2008 at 1:00 pm |
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- August
- 1
ConEdison Solutions has been awarded a contract by the New York Power Authority to provide upgrades and services to the nation’s largest state-owned power utility, ConEdison Solutions said today.
Under the contract, granted through competitive bids, ConEdison Solutions will provide efficiency upgrades, including lighting, motors and controls at NYPA plants in Westchester and New York City.
Services will include conducting feasibility studies, evaluating existing and proposed systems, developing designs, purchasing equipment, installation, supervision of installation and commissioning of equipment, said White Plains-based ConEdison Solutions, a subsidiary of Consolidated Edison Inc.
The amount of the contract will be based on costs associated with individual projects and has yet to be determined, said ConEdison Solutions spokeswoman Christine Nevin. However, the contract’s value is estimated to be in the “low millions,†she said.
Posted by David Schepp on Friday, August 1st, 2008 at 1:47 pm |
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