Business briefs

Dynamics Research wins FDIC contract

The Federal Deposit Insurance Corp. awarded Dynamics Research Corp. a contract worth nearly $29 million to provide business analysis and management support services. The contract calls for all systems development projects to adhere to specific development, quality assurance, process improvement and internal FDIC requirement guidelines.

“This award significantly expands our current work with the FDIC and underscores the successful business relationship we have developed supporting the FDIC with independent testing, software quality assurance, and configuration and release management services over the past three years,” said Jeanne LeFevre, senior vice president and general manager at DRC.

The seven-and-a-half-year contract has an 18-month base period and six one-year option periods, according to a company statement. The initial base-period task orders, worth nearly $5 million, have been awarded.

China approves Savi RFID tags

The Chinese government has certified Savi Technology’s family of radio frequency identification devices, the company announced. The ruling will allow Savi to use its RFID tags, readers and transmitters, which work with tags to collect data, throughout the world’s largest manufacturing country.

China’s State Radio Regulation Committee, a division of the Ministry of Information Industry, granted the approval. The certification applies to active RFID technology that meets the International Organization for Standardization’s (ISO) 18000-7 standard operating at 433 MHz.

The certification “further validates international recognition that active RFID technology standard ISO 18000-7 is the global standard,” said Fraser Jennings, Savi’s vice president for standards and regulatory affairs.

Hoover joins NDIA board

The National Defense Industrial Association, a defense industry advocacy group, has elected William Hoover to its board of trustees. Hoover, president and chief executive officer of information technology solutions provider American Systems, will provide oversight and strategic guidance to NDIA.

Hoover previously served as president and chief operating officer of Dynamics Research Corp. Hoover’s previous positions include president and chief executive officer of FutureNext Consulting, senior vice president of Oracle Service Industries, executive vice president of BDM International and president and chief operating officer of PRC.

“As a leader in the information systems and services market sector for more than 25 years, Bill brings a significant level of expertise and industry knowledge to this role,” said Lawrence Farrell, NDIA president and CEO, in a statement.

Hoover is a former Navy officer and graduate of the U.S. Naval Academy with a bachelor’s degree in aerospace engineering. He serves on several other professional and industry-related boards.


  • Defense
    Soldiers from the Old Guard test the second iteration of the Integrated Visual Augmentation System (IVAS) capability set during an exercise at Fort Belvoir, VA in Fall 2019. Photo by Courtney Bacon

    IVAS and the future of defense acquisition

    The Army’s Integrated Visual Augmentation System has been in the works for years, but the potentially multibillion deal could mark a paradigm shift in how the Defense Department buys and leverages technology.

  • Cybersecurity
    Deputy Secretary of Homeland Security Alejandro Mayorkas  (U.S. Coast Guard photo by Petty Officer 3rd Class Lora Ratliff)

    Mayorkas announces cyber 'sprints' on ransomware, ICS, workforce

    The Homeland Security secretary announced a series of focused efforts to address issues around ransomware, critical infrastructure and the agency's workforce that will all be launched in the coming weeks.

Stay Connected