The U.S. Air Force has awarded Northrop Grumman Corporation (NYSE:NOC) a contract to demonstrate information interoperability among different implementations of service-oriented architecture (NYSE:SOA) information technology (NYSE:IT) systems across the air and space command and control domains.
Under the contract awarded by the Air Force Research Laboratory, Rome Research Site, Rome, N.Y., Northrop Grumman will conduct technology experiments to show methods that allow distributed SOA-based IT infrastructures to operate as a larger, virtually integrated command and control (C2) system. The company will explore community of interest-based data models, information protocols and message exchange standards so that specified services can be best accessed and managed across the enterprise. Northrop Grumman will also examine evolving information technologies and common integrated C2 operational threads within and across the air and space warfighting domains.
"This research will enable coordination and synchronization of information and application services to meet the demands of warfighting missions," said Mike Twyman, vice president of integrated command, control, communications and intelligence systems for Northrop Grumman's Information Systems sector. "By partnering with Air Force Research Laboratory, Rome Research Site, we will jointly recommend and demonstrate novel strategies to manage and orchestrate data flow and content delivery across the realms of air and space command and control."
Northrop Grumman is a leading provider of command, control, communications, computers, intelligence, surveillance and reconnaissance systems for the U.S. Department of Defense. The company has extensive experience with tactical air operations, command and control systems and interoperable communications systems. Northrop Grumman has pioneered open systems standards for 30 years including the development of Defense Information Infrastructure Common Operating Environment and the Modular Open Systems Approach -- CompetitiveTM model.
Northrop Grumman Corporation provides products, services, and integrated solutions in the aerospace, electronics, information and services, and shipbuilding sectors. Northrop was founded in 1939 and is based in Los Angeles, California.
Proper Power & Energy, Inc. (OTC:PPWE)
Over the past five years, earnings for the oil and natural gas industry have been aligned with U.S. manufacturing – averaging just 7 cents for every dollar of sales. Contrary to popular opinion and what some critics have said, America’s oil companies are not owned by a small group of wealthy investors.
- Only 1.5% of industry shares are owned by management of corporations. The remaining amount is owned by millions of Americans.
- Since 2000, the oil and natural gas industry has put around $1.7 trillion in U.S. capital projects to help all forms of energy move forward, including alternatives, while minimizing the industry’s environmental footprint.
- Between 2000 and 2008, the industry put in more than $58 billion.
Proper Power & Energy, Inc. announced this month that the next stage of its Western U.S. operations. Proper Power met with the executives of Thrust Resources Inc. and EQ Resources Inc. in Dallas, Texas on January 20, 2011. The meeting focused on a joint venture for the Central Utah Prospect between the Companies. This was the initial meeting between Clint Brower, CEO and Chairman of EQ Resources, and Andrew Kacic, the newly named President of Proper Power.
The next steps will be circulating a memorandum of understanding followed upon definitive agreements. "We look forward to expedite future discussions of both Companies working together to mutually reach our Utah objectives," stated Andrew Kacic.
About Proper Power & Energy:
Proper Power & Energy, Inc. is an independent exploration and production company. Proper Power's operations are in Kentucky, which provides for low risk developmental drilling and production, and Utah, which Proper Power controls over 11,000 acres for its exploratory prospect. Renowned geophysicist and consultant to Proper Power, Robert Dunbar, believes the Utah prospect could hold up to one billion barrels of recoverable oil.
To learn more about PPWE visit: http://properpower.com
eHealth, Inc. (Nasdaq:EHTH) the leading online source of health insurance for individuals, families, and small businesses, announced that the company plans to release fourth quarter and full year 2010 financial results on February 16, 2011. Chief Executive Officer Gary Lauer and Chief Financial Officer Stuart Huizinga will host the earnings conference call beginning at 5 p.m. Eastern Time on February 16th to discuss these results.
eHealth, Inc. offers Internet-based insurance agency services for individuals, families, and small businesses in the United States and China. It operates an ecommerce platform, which organizes and presents health insurance information; and enables customers to research, analyze, compare, and purchase health insurance products.
LoopNet, Inc. (Nasdaq:LOOP) the leading online marketplace for commercial real estate and businesses for sale in the United States, will report fourth quarter 2010 financial results on Wednesday, February 9, 2011, following the market close. The Company will hold a conference call to discuss these results at 1:30 p.m. PDT / 4:30 p.m. EDT on that same day. To participate in the conference call, please dial (866) 800-8648 within the United States, or (617) 614-2702 from outside the United States, and enter pass code number 39580784. Please dial-in five minutes early to avoid excess holding. Investors may also access a live audio web cast of this conference call on the investor relations section of the Company's website at http://investor.loopnet.com/events.cfm.
LoopNet, Inc. operates an online marketplace for commercial real estate in the United States.*****
NewStar Financial, Inc. (Nasdaq:NEWS) announced that it has formed a team of leasing industry veterans to launch a new equipment finance division of the company and closed a new $75 million credit facility with Wells Fargo Bank, National Association to provide funding for new lease origination. Wells Fargo Securities acted as deal agent.
NewStar Financial, Inc., a commercial finance company, provides customized debt financing solutions in the United States.
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