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TOTE Services contracted for SBX-1 ballistic missile tracking radar

TOTE Services contracted for SBX-1 ballistic missile tracking radar

Business
Aug. 16 (UPI) -- TOTE Services of Jacksonville, Fla., has received an $ 11 million contract for operation and maintenance of the Sea-Based X-Band Radar vessel. The contract, announced Wednesday by the Department of Defense, will last one year with four-and-a-half years worth of possible options, which could bring the cumulative value of this contract to $ 65.3 million, the Pentagon said. Work will be conducted at sea-based positions across the world and is expected to be completed by September 2019. If the options are exercised, the program will continue through March 2024. Working capital funds will be issued for the contract depending on availability. The SBX-1 is a large sea-based radar system designed for mobile long-range detection of ballistic missiles by the Missile Defense Agency....
Brexit services plan will speed up relocation, says Lloyd's boss

Brexit services plan will speed up relocation, says Lloyd's boss

Business
Media playback is unsupported on your device The Lloyd's of London chief says the government's plan for relations with the EU after Brexit will speed up the departure of firms from the UK.Inga Beale told the BBC the White Paper would see the 300-year old insurance market go "full speed ahead" to set up its subsidiary in Brussels - and spur others on as well. Service sector groups say the plan will affect employment and is a "real blow".However, non-services groups were more positive.Services, including banks, insurance companies and investment firms, make up 80% of the UK economy and are one of its most successful exports to the EU.The government wants UK financial services in future to adopt a beefed-up version of a system already used by cer...
YouTube's paid music and video services come to UK

YouTube's paid music and video services come to UK

Technology
YouTube is expanding its subscription-based music and video services to the UK and a further 11 countries.The "premium" facilities strip ads from the platform's content and allow it to be downloaded rather than just streamed.The music service is priced at the same rate as Spotify, Apple Music and Tidal's basic service.However, the wider video content - which supersedes YouTube Red - is available only at an additional cost.It includes about 65 series - including several exclusives featuring popular YouTube video-creators - with the promise of a new addition on roughly a weekly basis.However, it costs £11.99 a month for individuals or £17.99 for a family plan, which is significantly more than either Netflix or Amazon Pr...
Northrop wins more than $81.2M for Hawkeye services

Northrop wins more than $81.2M for Hawkeye services

Business
June 8 (UPI) -- Northrop Grumman was awarded two contracts from the Department of Defense on Thursday for services in support of the E-2 Hawkeye aircraft. The contract award from Defense Logistics Agency Aviation is valued at more than $ 81.2 million between two contracts that enable Northrop Grumman to provide power amplifier modules and high-voltage power supplies to the E-2 Hawkeye aircraft, according to Defense Department contract announcements Thursday. Currently, the U.S. military uses the E-2D Advanced Hawkeye version of the aircraft, which is designed for all-weather, tactical airborne early warning detection that is capable of deploying from an aircraft carrier. Work on the contracts will occur in Florida and is expected to be complete in June 2023 for use by the U.S. Navy. Navy...
TSB takes down digital services after upgrade fail

TSB takes down digital services after upgrade fail

Business
TSB has taken down its mobile app and online banking service after a botched IT upgrade and apparent data breach.The meltdown left the lender, which has five million customers, and its chief executive Paul Pester, under intense scrutiny after days of disruption which has left account holders in the dark over their finances.Appearing on Sky's Ian King Live, Mr Pester said he apologised "profusely" to those affected but declined the opportunity, when asked, to offer to give up his bonus, saying that was a matter for the bank's remuneration committee.He also insisted that "for the vast majority of our customers things are running very smoothly".TSB's digital banking services were taken offline at 10.30am and were initially intended to be back later on Tuesday afternoon.But by that evening the...