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Technology Stocks : How high will Microsoft fly? -- Ignore unavailable to you. Want to Upgrade?

To: TTOSBT who wrote (47727)	7/14/2000 9:18:19 AM
From: johnd	Read Replies (1) \| Respond to of 74651

U.S. Navy & Lockheed picking Windows2000 is very impressive for Windows2000. What do you guys think? Doesn't that say a lot for confidence in that software if it can be used for such critical workloads as launching missiles or defense? ===== Microsoft designs weapons system By Tim Eaton, CBS MarketWatch.com Last Update: 9:45 PM ET Jul 13, 2000 NewsWatch Latest headlines MOORESTOWN, N.J. (CBS.MW) -- The naval electronics and surveillance systems division of Lockheed Martin said Thursday that Microsoft will help design and develop warfare systems for a future U.S. aircraft carrier. Microsoft Federal Systems, a D.C.-based division of Microsoft (MSFT: news, msgs), was contracted by Lockheed (LMT: news, msgs) to provide Windows 2000-based software for the defense contractor's deal with the U.S. Navy. Lockheed won a $500 million portion of a multibillion-dollar deal to build the CVN 77 nuclear-powered aircraft carrier and is subcontracting a portion to Microsoft. Newport News Shipbuilding (NNS: news, msgs) is the primary contractor for the CVN 77, the transition to the Navy's future class of aircraft carriers. Microsoft Federal Systems' role will be to define the architecture for information exchange for the carrier's warfare systems. It will help with improving interoperability among sensors, communications systems, ship network connectivity, aircraft control systems and other electronics on the ship. The Redmond, Wash.-based company worked with U.S. military in the past, but never as the designer of warfare systems, said Keith Hodson, a Microsoft spokesperson. Microsoft Federal Systems currently accounts for 10 percent of Microsoft's U.S. revenue, but Hodson said government contacts will make up as much as 20 percent of software giant's U.S revenue in the near future.