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Archive for the 'Contract' Category

IBM to provide tech services to W. R. Grace & Co.

August
20

IBM Corp. has signed a contract to provide technology services to W. R. Grace & Co., a specialty chemical and materials company with about 6,000 employees in more than 40 countries. IBM will provide Grace with a technology system that is designed to help the company support customers, integrate acquisitions and open new offices around the world. The financial details of the contract were not disclosed.

Posted by Jay Loomis on Thursday, August 20th, 2009 at 12:57 pm |
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ITT receives $43 million order for enhanced night vision goggles

August
12

ITT Corp., a White Plains-based defense contractor, said that it has received a $43 million order for enhanced night vision goggles and spare parts from the U.S. Army’s Research, Development and Engineering Command Acquisition Center. The order is a followup to an existing contract between the Army and ITT. The company’s night-vision goggle business is based in Roanoke, Va.

Posted by Jay Loomis on Wednesday, August 12th, 2009 at 3:47 pm |
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Orangeburg company awarded mobile hospital contract

August
4

DHS Systems LLC, a military contractor based in Orangeburg, and Brazilian medical supply distributor Oscar Iskin have been awarded a $1.2 million contract by the Brazilian state of Rio de Janeiro to provide two mobile field hospitals.

The hospitals are designed for use during major emergencies such as a flood, hurricane or disease outbreak.

DHS Systems and Oscar Iskin began working together in the fall of 2008 following a request by the Brazilian government. The mobile hospitals, offering more than 2,000 square feet of space, can be connected to create a single facility if needed.

Posted by Jay Loomis on Tuesday, August 4th, 2009 at 3:34 pm |
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MBIA names new board member

August
3

MBIA Inc., the Armonk-based bond insurer, said that Theodore “Ted” Shasta has joined the company’s board of directors. Shasta, 58, also was appointed to MBIA’s audit committee. Shasta is a former senior vice president and partner of Wellington Management Company, an investment advisor with more than $400 billion in client assets under management.

Posted by Jay Loomis on Monday, August 3rd, 2009 at 11:54 am |
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Sbarro extends beverage contract with PepsiCo

August
3

Sbarro Inc., the Italian fast food chain, said that it has signed a contract to keep Pepsi as its exclusive beverage supplier in over 600 locations nationally. Sbarro will continue to offer carbonated and non-carbonated beverages through fountains in its restaurants, including Pepsi, Diet Pepsi, Sierra Mist, Mountain Dew, Lipton and Tropicana. Purchase-based PepsiCo Inc. has been the beverage supplier to Melville-based Sbarro for the past 14 years.

Posted by Jay Loomis on Monday, August 3rd, 2009 at 11:48 am |
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Starwood sells San Francisco hotel for $90 million

July
31

Starwood Hotels & Resorts Worldwide Inc. of White Plains said that it sold its W hotel in San Francisco to Keck Seng Investments Limited in Hong Kong for $90 million. Starwood, whose network includes nearly 1,000 hotels in 100 countries, said that it also agreed to a management contract to continue operating the San Francisco hotel as a W.

Posted by Jay Loomis on Friday, July 31st, 2009 at 1:55 pm |
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IBM signs 5-year contract with Amtrak

July
31

IBM Corp. said that it has signed a five-year contract to provide information technology services to Amtrak, the passenger train operator.

Amtrak, which employs 19,000 workers and transports more than 28.7 million passengers annually, will receive help with data center services, including mainframes, servers and security, from Armonk-based IBM.

IBM also will support the infrastructure for Amtrak’s reservation system that handles ticket orders through the Web, telephone, and ticket counters. The contract continues a relationship between IBM and Amtrak that dates back to 1994. Financial details of the contract were not disclosed.

Posted by Jay Loomis on Friday, July 31st, 2009 at 1:20 pm |
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IBM signs technology contract with Dow Chemical

July
15

IBM Corp. said that a new five-year contract to provide information technology services to Dow Chemical Co. includes helping the chemical giant with the integration details of a recent buyout.

Under the agreement, Armonk-based IBM will help Dow integrate the computer systems of Rohm and Haas Co. into Dow’s technology network. Dow, a chemical giant with sales of $58 billion in 2008 and 46,000 employees, recently completed its acquisition of Rohm and Haas, a specialty materials company.

IBM’s responsibilities under the contract will include operating a global service desk to assist 50,000 computer users, offering audio conferencing services and supporting the technology systems at Dow’s offices in 53 countries. The new agreement, signed in June, continues a decades-long relationship between IBM and Dow and expands an outsourcing services contract signed in 2004.

Posted by Jay Loomis on Wednesday, July 15th, 2009 at 12:02 pm |
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IBM extends outsourcing contract with Allied

July
13

IBM Corp. said that it has signed a contract extension to provide outsourcing services to Allied Systems Holdings Inc. for five additional years. Allied, an automobile-hauling company, originally signed a contract with IBM in 2001. Financial term of the contract were not disclosed.

Posted by Jay Loomis on Monday, July 13th, 2009 at 1:24 pm |
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ITT awarded $22.9 million military contract

July
9

ITT Corp., the White Plains-based defense contractor, has been awarded a $22.9 million contract to provide software support for military radios. The contract was issued by the the Joint Tactical Radio System Joint Program Executive Office. ITT said that the value of the contract could reach $62 million if all options are exercised. Thales of Clarksburg, Md., will be a partner with ITT on the contract.

Posted by Jay Loomis on Thursday, July 9th, 2009 at 3:45 pm |
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IBM lands five-year contract with Applied Materials

June
30

IBM Corp. today said that it has signed a five-year agreement to provide technolgoy services to Applied Materials Inc., a maker of semiconductor manufacturing equipment. Under the agreement, Armonk-based IBM will be responsible for software development, support and deployment. Financial terms of the contract were not disclosed.

Posted by Jay Loomis on Tuesday, June 30th, 2009 at 2:18 pm |
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IBM signs technology contracts

June
22

IBM Corp. announced that it has signed a contract to provide information technology services to TSYS, a major payment services company in Brazil. In a separate announcement, Armonk-based IBM said that it will provide tech services to Cobra Automotive Technologies, an Italian company that specializes in security products for the automotive industry. Financial terms of the contracts were not disclosed.

Posted by Jay Loomis on Monday, June 22nd, 2009 at 3:41 pm |
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IBM awarded $97 million contract by ACE Group

June
18

IBM Corp. will provide technology services to insurance giant ACE Group under a $97 million contract announced today. Under the seven-year contract, Armonk-based IBM will provide services for various computer systems used by ACE, including mainframes, servers and storage.

Posted by Jay Loomis on Thursday, June 18th, 2009 at 2:19 pm |
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ITT to supply radios under British contract

June
17

ITT Corp., the White Plains defense contractor, said that it has been awarded a $16 million contract from General Dynamics United Kingdom Limited for additional VHF radios and related equipment. ITT said the order is in addition to the 35,000 units that it has already supplied General Dynamics UK as part of the United Kingdom’s tactical communications program.

Posted by Jay Loomis on Wednesday, June 17th, 2009 at 2:10 pm |
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ITT systems to be used on NASA mission

June
16

An upcoming NASA mission to detect greenhouse gases will rely heavily on equipment made by ITT Corp., the White Plains-based defense and aerospace contractor.

ITT said that it has been selected by the space agency to develop instruments that will measure carbon dioxide during NASA’s Active Sensing of CO2 Emissions over Nights, Days and Season (ASCENDS) mission scheduled for 2015.

Many scientists blame rising concentrations of carbon dioxide for global warming, the rise in global temperatures that may contribute to climate change.

Work in advance of the mission is planned this summer when teams of ITT and NASA personnel will be deployed to Virginia, Oklahoma and Wisconsin to conduct flights that will identify sources and concentrations of carbon dioxide.

“We are extremely pleased NASA chose us to help develop this crucial mission,” said Rob Mitrevski, vice president and director for commercial and space sciences at ITT’s Space Systems business. “Increasing amounts of CO2 and its effect on the Earth has become an important topic for policy makers. Our ASCENDS technology now puts ITT front and center in efforts to monitor and measure carbon dioxide.”

Posted by Jay Loomis on Tuesday, June 16th, 2009 at 2:28 pm |
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ITT to supply Army radios under $363 million contract

June
10

ITT Corp., the White Plains-based defense contractor, will continue supplying military handheld radios for U.S. Army troops after winning a $363 million contract.

The Pentagon said that the two-year contract calls for ITT to supply 58,000 radios and related equipment that are critical communications gear for American troops in the field.

ITT will build the radios at a plant in Fort Wayne, Ind. The expected completion date for the contract is June 2011.

In addition to combat radios, ITT’s sizable defense business include night-vision goggles used by U.S. soldiers and jamming devices that stop the explosion of enemy bombs. Other ITT products include satellite imaging systems for hurricane forecasting and controls for commercial aircraft and helicopters.

Revenue for ITT’s defense electronics and services totaled $1.5 billion in the first quarter, nearly flat compared to a year earlier.

Posted by Jay Loomis on Wednesday, June 10th, 2009 at 3:29 pm |
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IBM lands $597 million contract with telecom company

June
9

IBM Corp. has landed a $597 million contract extension to supply technology services to Telstra, the largest telecommunications company in Australia.

Telstra, which has 9.4 million traditional telephone lines and 9.2 million mobile phone accounts in Australia, uses IBM to handle a variety of tech services. For instance, IBM builds and manages more than 3,000 computer servers, software and tech systems for Telstra — the largest tech network in the country after the Australian government.

Under the renewed contract, IBM will simplify Telstra’s tech infrastructure and improve its performance.

“This is a significant agreement for IBM as it builds on our strong relationship of more than 20 years,” said David Burns, IBM Managing Director for Telstra.

The five-year contract, an extension of an existing agreement between the two companies, is the latest example of how Armonk-based IBM has used such services contract to hold up better in the recession than some competing tech companies.

“As a testament to its ongoing strength, IBM has gained market share compared with its top rivals in enterprise software and services and maintained its share in servers while improving profitability in each business segment during the past five years,” Morningstar analyst Rick Hanna said in a research report.

Posted by Jay Loomis on Tuesday, June 9th, 2009 at 1:06 pm |
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APS Healthcare awarded Medicaid contract in Oregon

May
29

APS Healthcare, a White Plains-based provider of specialty healthcare services, has been awarded a contract to manage Oregon’s statewide Medicaid disease and medical care management programs.

The program is designed to help Medicaid recipients gain access to health care and improve their health outlook. The services will initially be available to more than 66,000 Oregon residents. Financial details of the contract were not disclosed.

Posted by Jay Loomis on Friday, May 29th, 2009 at 1:16 pm |
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Bidding for government contracts is topic of workshop

May
27

Rockland Economic Development Corp. will hold a free program on how small businesses can obtain contracts with the Hudson Valley Municipal Purchasing Group.
The program starts at 9:30 a.m. on Thursday, June 11 at the Ellipse Room of the Technology Center of Rockland Community College at 145 College Road in Suffern. The program will discuss the local procurement process, what local governments buy, the laws governing the process, and the purchasing group itself and its on-line bidder notification system.
Representatives from Rockland, Orange, Dutchess, Putnam, and Westchester counties and representatives from the cities of Yonkers and Poughkeepsie will be present to speak with local business owners. To learn more, contact Pauline Drakopoulos at 845-735-7040 or paulined@redc.org.

Posted by Jerry Gleeson on Wednesday, May 27th, 2009 at 10:48 am |
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ITT lands $11.4 million contract for night-vision technology

May
20

ITT Corp., a White Plains-based defense contractor, said that it has received an $11.4 million contract to provide specialzed tubes for existing night vision goggles to the U.S. Special Operations Command.

The image intensification tubes are designed to provide the clearest, sharpest night vision image for U.S. personnel conducting critical nightime missions, according to ITT. Night vision goggles with the tubes have the ability to detect available light with more than 10 times the power of previous versions.

“We are committed to supplying U.S. and allied warfighters with the world’s best night vision technology, and we are particularly honored to be the supplier of choice for our special operating forces,” said Mike Hayman, president of ITT’s night vision business.

Posted by Jay Loomis on Wednesday, May 20th, 2009 at 11:57 am |
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About this blog
Business in the Burbs is our online news blog about businesses based or operating in the Lower Hudson Valley. Visitors here will also find items of interest to consumers in the region. Most contributions are from business reporters and editors covering Westchester, Rockland and Putnam counties.

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