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Press Room: Second Quarter
Indiana High-Tech Communication Network
Transforms Military, Civilian Operations
THURSDAY, JUNE 19, 2008 _ The 9/11 terrorist attack, the aftermath of Hurricane Katrina and military urban operations in Iraq all manifested critical lessons. Key among these was this: when military and civilian authorities can't talk to each other and execute a coordinated response, bad things happen. Really bad things. When authorities can actually talk to each other, the delivery of bad or incomplete information can be just as deadly as an undetected truckload of propane tanks in a raging fire or a division of hidden hostile troops. [Read More...]
Pentagon spending increases in region
FRIDAY, JUNE 13, 2008 _ When Mark Thrasher's small Angola business was making parts for the automotive business, there was always a question about what would happen next."The automotive industry is just so volatile," he said. But since Thrasher Welding and Machine Shop began selling to the Pentagon in 2005, work has been steady and reliable. [Read More...]
Business of Health: Fritz French, CEO, Marcadia
SATURDAY, JUNE 7, 2008 _ An Indianapolis Life Sciences company is quickly growing its fan base among venture capitalists. The biotech company, Marcadia, is becoming a model of success for Indiana's Life Sciences industry. Silicon Valley venture capitalists and the pharmaceutical giant Merck have signed on to help Marcadia fulfill its promise. Barbara Lewis talks with CEO Fritz French. Learn more about Marcadia. [Read More...]
Marcadia Biotech's Success Underscores Indiana
Life Sciences Potential
THURSDAY, MAY 29, 2008 _ The red flags are up and gently fluttering today for Big Pharma companies across the nation. Why? In about 36 months, many of the patents for profitable superstar drugs from Pfizer, Merck, Eli Lilly and others will start expiring. [Read More...]
Inside Indiana Business: Crane Awards Multi-Million
Dollar Contract
THURSDAY, MAY 22, 2008 _ Science Applications International Corporation (NYSE: SAI) today announced it has been awarded a task order by Naval Surface Warfare Center (NSWC) Crane, Ind. Under the task order, SAIC will provide technical, engineering and data management services in support of the Missile Defense Agency. The task order has a two- year base period of performance, three one-year options and a maximum value of more than $34 million if all options are exercised. The task order was awarded under the Seaport-e contract. Work will be performed in Huntsville, Ala and at NSWC Crane. [Read More...]