Navy needs sailors
Filed under: Bearing Point, Contract Awards, IT, U.S. Navy, training
Bearingpoint was awarded a contract by the US Navy to provide management tools for the Recruiting Command. See a press release here. The contract is worth over $12 M and is a continuation of Bearingpoint’s work over the last few years. As with many other types of corporations the military spends a great deal of money on custom software and database applications. This is actually a large business and is often subsumed within the SETA support contracts.
Some Analysis of SAIC’s Common Stock
As a recent GAO report highlighted the Department of Defense invests a great deal in Science, Engineering, Technical and Analysis (SETA) contracts. These contracts, and contractors, are most known as working with the military acquisition offices to provide necessary support. There are also SETA contracts with IT, testing, engineering, safety and pretty much any area that the DoD and Services are involved in. It is a large business employing thousands.





