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 A

Tembo raises $14M

Cincinnati, Ohio-based Tembo, a Postgres managed service provider, has raised $14 million in a Series A funding round.
Around the web

Raspberry Pi is now a public company — TC

Raspberry Pi priced its IPO on the London Stock Exchange on Tuesday morning at £2.80 per share, valuing it at £542 million, or $690 million at today’s exchange rate, writes Romain Dillet. 
Fundings

AlphaSense raises $650M

AlphaSense, a market intelligence and search platform, has raised $650 million in funding, co-led by Viking Global Investors and BDT & MSD Partners.
Around the web

Elon Musk’s xAI raises $6B to take on OpenAI — VentureBeat

Confirming reports from April, the series B investment comes from the participation of multiple known venture capital firms and investors, including Valor Equity Partners, Vy Capital, Andreessen Horowitz (A16z), Sequoia Capital, Fidelity Management & Research Company, Prince Alwaleed Bin Talal and Kingdom Holding, writes Shubham Sharma. 
IT

Capgemini partners with DARPA to explore quantum computing for carbon capture

Capgemini Government Solutions has launched a new initiative with the Defense Advanced Research Projects Agency (DARPA) to investigate quantum computing's potential in carbon capture.