Here is an army contract. Could it have anything to do with Ancor? It might because I see Ancor reaches $5 again.
Thursday January 22, 11:01 am Eastern Time
Company Press Release
TASC Awarded U.S. Army Information Warfare Contract - Will Provide Information Operations and Information Warfare Support - - One of Four Winning Teams on $75 Million Program -
READING, Mass.--(BUSINESS WIRE)--Jan. 22, 1998--TASC Inc., a subsidiary of Primark Corp. (NYSE/PSE: PMK), has won a five-year ID/IQ (indefinite delivery, indefinite quantity) contract to provide comprehensive information operations and information warfare support to the U.S. Army's Land Information Warfare Activity (LIWA) at Fort Belvoir, Va.
Four winning contractor teams will compete for work under this multiple-award program, valued at $75 million. TASC and its team will supply engineering, integration, and operational support to a broad range of information operations activities.
''This contract award reinforces TASC's reputation as a leader in the information operations arena,'' said John C. Holt, TASC president and CEO. ''TASC is strategically pursuing growth in information operations and, as prime contractor on the LIWA support program, will be able to better leverage its credentials and expertise to other defense organizations and commercial enterprises having the same critical needs. When you are dealing with the security of our nation's information resources, you've got to have the cutting-edge of technology on your side,'' Holt added.
The military's widening dependence on commercial products, networks and telecommunications services has created a tremendous reliance on these technologies, not only to operate numerous weapons systems, but to support the troops and supplies that are essential to those systems.
While information technology gives the military a clear force multiplier, it also creates vulnerabilities that could allow adversaries to disrupt or deny the operations and effectiveness of weapons systems through technical means, such as network penetration and compromise.
With this contract in place, the Army will be able to access the technical expertise on the TASC team to counter threats to the Army's computing and telecommunications infrastructure.
In winning the LIWA contract, TASC was able to build on its existing support to the Army Computer Emergency Response Team, a critical information operations function provided by TASC since August 1996. In establishing its team, TASC sought to provide the Army with access to a proven, highly skilled, and comprehensive set of information operations capabilities.
''In the complex and dynamic area of information operations, the most significant challenge is to stay ahead of those who present a threat,'' said Noel Widdifield, TASC senior vice president and director of Integrated Technologies. ''Our team covers the spectrum of information operations with people, laboratories and corporate capabilities that are second to none. We're pleased to be helping the Army perform such a vital and essential function.''
The TASC team is made up of BBN, TRW, Hughes, Litton-PRC, Raytheon, SRI International, Bellcore, Beta Analytics International, Georgia Tech Research Institute, Quantum Research International, Systems Technology Associates and Advanced Concepts Inc.
Program assignments will cover 13 contract statement of work areas, including: developing automated decision aids and battlefield visualization systems to support the time-critical dynamics of information operations; establishing and operating an information operations support center from which the Army can coordinate its information operations activities; establishing field support teams to directly assist deployed theater operations; and providing comprehensive protection to the Army's computing and telecommunications infrastructure.
The contract win follows the formation in late 1996 of TASC's Information Operations Business Unit, a group drawing on decades of TASC experience protecting vital enterprise-level information for national security customers. The unit is leveraging this expertise to provide solutions for a wider range of government clients and Fortune 500 companies. Over the past year, its business has grown 65 percent.
TASC Inc. is a subsidiary of Primark Corp., a global information services organization. TASC provides advanced information technology solutions for government and business worldwide in areas such as information operations, systems engineering and integration, program management, research and analysis, modeling and simulation, management consulting, weather information services, and advanced imaging solutions.
With headquarters in Reading, Mass., TASC has more than 25 offices throughout the United States and the United Kingdom. Revenues in 1996 exceeded $385 million, marking 30 straight years of revenue growth.
TASC is currently under agreement to be acquired by Litton Industries Inc [NYSE:LIT - news].
More information about TASC can be found on the World Wide Web at www.tasc.com .
Contact:
TASC Drexel Ace, 781/942-2000, dmace@tasc.com or Fleishman-Hillard Walt Sharp, 314/982-0567, sharpw@fleishman.com
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