Raytheon wins big defense contract
Raytheon Co. beat out Lockheed Martin Corp. and Northrop Grumman Corp. for a contract that could be worth as much as $1.6 billion to design and build air and missile defense radars for the Navy's newest DDG-51 destroyers, the service announced.
Raytheon was awarded a $386 million contract to build and test engineering development models, with an option for procurement of as many as nine radars that would bring the contract's total to $1.6 billion, the Navy said in a statement.
Intelligent.ly to move to Seaport
Intelligent.ly, a professional development firm for startups, is the latest company to announce a move to Boston's Innovation District.
Intelligent.ly, which offers classes to entrepreneurs to increase their skills, will move from Harrison Avenue in the South End to the headquarters of Communispace on Congress Street in South Boston, calling it a more central location.
"We definitely believe that it's going to help us draw more learners to our classes," said co-founder Sarah Hodges.
The company will move Oct. 15.
AT&T cuts options on data share plan
AT&T Inc. plans to only sell its new customers Mobile Share plans, which involve higher data fees but allow subscribers to share their data allowance among multiple devices.
The No. 2 U.S. mobile operator said yesterday that the elimination of its older plans for new customers would take effect on Oct. 25. It said it was streamlining its offerings because the data-share plans are its most popular.
TV cos. petition Supreme Court to shut down Aereo from streaming
The nation's biggest television companies including ABC, CBS, NBC and Fox are asking the Supreme Court to shut down Aereo Inc., a startup distribution service that they view as a threat to their business.
Launched in 2012 and available in a handful of markets including Boston, Aereo transmits the signals of local broadcast stations to consumers via the Internet. Aereo charges its subscribers between $8 and $12 a month for the service, which includes a small antenna to receive the signals and access to a cloud-based digital video recorder that can hold up to 40 hours of programming.
THE SHUFFLE
- Goodwin Proctor announced that Gregg L. Katz, left, has been made partner. His practice centers on securities offerings, mergers and acquisitions, SEC compliance and general corporate representation.
- Schneider Associates, a Boston-based public relations agency, announced the promotion of Tom Ryan to vice president and director of integrated marketing and creative for the InGROUP.
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