Connect with us

Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website. .

Top Stories

TeraThink acquires Defense Logistics Agency J6 Enterprise Technology Services (JETS) Contract

TeraThink acquires Defense Logistics Agency J6 Enterprise Technology Services (JETS) Contract

TeraThink, an information technology and management consulting firm, has completed an asset purchase agreement to support the Defense Logistics Agency’s J6 Enterprise Technology Services (JETS) contract vehicle from a third-party.

The multiple-award firm-fixed-price quantity contract has a five-year base period of performance, one three-year option, and a total contract ceiling of up to $6 billion including the option period. The DLA has purchased over $500M in IT services through the vehicle since March 2017.

The DLA is the Department of Defense’s combat logistics support agency, providing worldwide logistics support in both peacetime and wartime to the military services as well as several civilian agencies and foreign countries. The DLA JETS program offers DLA a consolidated vehicle for all of its enterprise information technology needs, including development, sustainment, and modernization of applications, infrastructure, hardware, software, and systems. TeraThink will compete for task orders related to 21 Task Areas ranging from network and technology services, to application development and sustainment, including information assurance and cybersecurity, systems engineering and enterprise architecture support, and other technology and program support services under the contract.

“TeraThink believes our Digital Transformation, Enterprise Applications and Information Management capabilities are a great fit for DLA’s needs, and clearly align to the recently released 2018-2026 DLA Strategic Plan,” said TeraThink’s CEO, Dan Maguire. “TeraThink welcomes the opportunity to assist DLA Information Operations (J6) in realization of its vision of a ‘global presence, agile and innovative, and focused on the warfighter first.’ We look forward to expanding on over ten years of exemplary mission support to DLA through the acquisition of this vehicle.”

Work under the vehicle will take place at DLA installations worldwide, including Columbus, OH, Philadelphia and New Cumberland, PA, Richmond, VA, Battle Creek, MI, Ogden, UT, Honolulu, HI, and Kaiserslautern, GE, as well as the National Capital Region.

Global Banking & Finance Review

 

Why waste money on news and opinions when you can access them for free?

Take advantage of our newsletter subscription and stay informed on the go!


By submitting this form, you are consenting to receive marketing emails from: Global Banking & Finance Review │ Banking │ Finance │ Technology. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

Recent Post