Siemens the large European electronic manufacturer will pay the U.S. and German governments fines totaling over $1.4 billion. CNNMoney.com reports on the settlement. The fines are due to an ongoing investigation into the practice of bribing foreign officials to win contracts. As we discussed earlier with the CA Inc story the U.S. has made illegal these practices. Siemens is accused of...
Government Industry Archive
December 2008
Verizon’s Government Network Operations and Security Center earned the ISO/IEC 2000 Certification for IT Service Management. Web Host Industry News has the story. The website for this certification is here. It lays out a set of business practices for service delivery. Verizon is the first company in the United States to get this international certification. Verizon provides IT and...
Update - I have removed this post at the request of people involved in the program as there were some errors in the original story. When a correction is made I will update the post again.
The government of Scotland, like most governments, buys advertising in local media about social programs and issues. Now as reported in The Sunday Herald they are looking at expanding their use of this advertising to include tourism, development and health services. This is not even a broad expansion of that as a lot of U.S. government entities already do things like that. One of the...
The State of Texas and Accenture negotiated an early end to a contract that had out sourced the state’s work signing eligible citizens up for food stamps and health programs for the poor. The Austin Statesman reports on the details of the deal. The original contract had been worth almost $900 million but in the end the state spent about $250 million. The goal was to have a centralized...
CA has directed the removal of the leadership of its Israeli subsidiary CA Israel reports the Globes Online. The issue resolves the use of local consultants to get contracts with the Israel’s Ministry of Defense. Much of the business that US companies do with the Israeli military utilizes U.S. aid thus guaranteeing the return of the dollars to the U.S. This means that the various U.S....
We wrote earlier this week of Raytheon’s and Northrop Grumman’s contribution to the recent successful missile defense test. Boeing is the prime contractor on the development and production of that system. Now Arizona State University has conducted a study that documents how much work the program brings to Arizona through Boeing’s efforts. The press release is at...
This case from Connecticut illustrates another way that government spending can cause crime and corruption. According to The Hartford Courant a Mr. Breen pleaded no contest to two felony charges of larceny. Mr. Breen had set up a company to help other businesses get federal contracts. He took payments totaling over $70 thousand from two people but failed to do any work. There are plenty of...
The State of Maryland Board of Public Works awarded a team led by Accenture an $87 million contract to upgrade the tax collection system. The goal as reported at WashingtonTechnology.com is to improve tax collections such that the initial investment in the new system will be made up in three years. The team includes SAP, Teradata and some local Maryland small businesses. The program will...
SAIC is one of the largest defense contractors in the U.S. Yesterday it announced its third-quarter results. The San Diego Union-Tribune states that earnings were up by 14 percent mainly due to government contracts. The commercial part of their business showed little or no growth. Like many other in the industry SAIC is taking the hold over of Secretary Gates as a positive sign for defense...
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BNET Government provides daily industry trends and global news coverage with insights for managers and executives within the world wide business of government contracting. We analyze new and interesting contract awards, government policy changes, and the trends in procurements and spending. There will also be discussions of the sector with a focus on small and innovative companies and business lines. The world's governments spend billions each year on a variety of hardware and services and the site will discuss how the money is being allocated.