BTG Announces $52 Million in New Engineering Services and Support Contracts.FAIRFAX, Va.--(BUSINESS WIRE)--Sept. 8, 1999-- BTG BTG BIT (Built-In Test) Target Generator BTG Bridging the Gap BTG British Technology Group BtG Betreuungsgesetz (Germany) BTG Biomass Technology Group BV BTG Begbies Traynor Group , Inc. (Nasdaq: BTGI), an information systems and technical services company, today announced that it has been awarded multiple new and extended contracts with combined estimated revenue to BTG of $52 million over a three-to-five year period. The company said the contracts are from U.S. defense and intelligence customers, and that specific agencies and details of the contracts may not be disclosed under the terms of agreement. BTG Executive Vice President and COO Paul Leslie said the company was selected for the work because of BTG's expertise in such areas as information assurance, modeling and simulation, software development, and surveillance and reconnaissance You can assist by [ editing it] now. applications. "BTG has been supporting the defense and intelligence communities for over 17 years. Our customers in this arena have always taken the lead in adapting and applying emerging technologies to strengthen the security of the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . We are pleased to continue supporting their missions with these new awards." BTG has 17 years of experience in providing intelligence systems, technical services, and operational support to U.S. defense and national intelligence agencies. The company offers a full range of information assurance (IA) services, which are in growing demand by government and commercial enterprises that require complete confidentiality, integrity and availability of their information resources (1) The data and information assets of an organization, department or unit. See data administration. (2) Another name for the Information Systems (IS) or Information Technology (IT) department. See IT. . BTG's suite of IA services includes vulnerability identification, threat assessment, and the recommendation and implementation of security solutions. BTG offers a broad spectrum of capabilities in modeling and simulation to customers who want to explore new processes without investing in expensive pilot programs or operations. BTG's activities in this area range from broad investigations into the changing nature of warfare to detailed engineering simulations of complex systems. The company also provides operational and development support to U.S. military simulation Military simulations, also known informally as war games, are simulations in which theories of warfare can be tested and refined without the need for actual hostilities. Many professional analysts object to the term wargames centers, as well as cost modeling services to clients in the commercial sector and state and local government. BTG is experienced in both ground-based and airborne surveillance and reconnaissance, with services ranging from data collection and processing to advanced correlation and fusion, dissemination dissemination Medtalk The spread of a pernicious process–eg, CA, acute infection Oncology Metastasis, see there and end-user applications. The company also develops custom software applications that allow users to more efficiently manage their information resources. BTG is an information systems and technical services firm that provides solutions to complex information technology issues for government and commercial clients. More information on the company is available on the Internet at http://www.btg.com, by e-mail at info@btg.com, or by calling 703-383-8000. "Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. " Statement under the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995: The statements contained in this release which discuss revenues from newly awarded contracts are subject to risks and uncertainties, most notably dependence on continued funding of U.S. government programs, government contract procurement The fancy word for "purchasing." The procurement department within an organization manages all the major purchases. and termination risks, including the risk of protest, as well as other risks described in the Company's Securities and Exchange Commission filings. |
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