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Court Sides With Government, Orders UTC To Pay $473M

2013-06-21 10:44:58| Industrial Machines - Topix.net

United Technologies Corporation said it would appeal the decision from a U.S. District Court in the Southern District of Ohio, which found the company is liable for more than $473 million in damages and penalties for making false claims about the price of fighter jet engines it sold the Air Force.

Tags: pay government orders court

 

Chevron Signs Exploration Deal With Kurdish Government

2013-06-19 01:25:17| Oil & Gas - Topix.net

Chevron becomes the second major US energy company to sign an oil exploration deal with Iraq's Kurdish regional government, following Exxon Mobil into the region.

Tags: government deal signs exploration

 
 

B&W-Led Team Files New Protest with Government Accountability Office

2013-06-18 23:00:00| Industrial Machines - Topix.net

The Babcock & Wilcox Company announced today that Nuclear Production Partners, LLC filed a new protest with the Government Accountability Office related to the combined management and operating contract at the Y-12 National Security Complex and Pantex Plant.

Tags: office team government files

 

ANSYS and US Army Partner to Increase Efficiency of Simulating Government Defense Technology

2013-06-18 06:00:00| Industrial Newsroom - All News for Today

Team develops flexible platform to host complex government code<br /> <br /> PITTSBURGH - The US Army's Armament Research, Development and Engineering Center (ARDEC) can now increase the access to and scalability of complex government simulation code that is often used to design and analyze defense-related technology thanks to the customizability of the ANSYS (NASDAQ: ANSS) Application Customization Toolkit.<br /> <br /> As a joint project pursued under a cooperative research and development ...This story is related to the following:Software Development Tools | Simulation Software

Tags: technology increase partner government

 

Yahoo reveals U.S. government requests for user data

2013-06-18 04:52:21| CNET News.com

Web pioneer says it received more than 12,000 requests in the past six months for user information, most of which were related to criminal investigations such as fraud and homicide. [Read more]    

Tags: user data yahoo government

 

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