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EMThe New New Internet unveiled a number of timely and important news items this week geared toward the government contracting executive.
The GovCon technology website unveiled two stories this week with important industry news.
DRS Technologies has won a $15.5 million contract to design and build a new targeting system for the U.S. Army to locate and mark GPS and laser-guided munitions.
The technology is meant to provide forward observers and joint terminal attack controllers a tool to track munitions.
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In other technology news, both Intel and Samsung have invested in big data analytics firm Expect Labs.
Expect is developing a technology that aims to analyze data in real-time.
“We are entering an era where the computing devices in our lives will not only be able to understand what we say, but they will also do a much better job anticipating the information we may need,” Intel Capital’s Dave Flanagan said.
Other investors in the company include Telefonica, Google, KPG Ventures and Greylock.
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