29 Nov '12, 5pm

SAIC's creepily named "Global Harvest" contract for DIA is outlined here. W/O, DIA "puts at risk" natl level decisions.

For months, the Pentagon has been trying to put in place a new contract to support a “vital” program that gathers intelligence on high-value terror targets and on terrorist finance, according to contracting records released Wednesday. Called Global Harvest, the little-known program has for years been run by defense contractor SAIC on behalf of the Air Force Intelligence, Surveillance and Reconnaissance Agency. Now it is being placed under the Defense Intelligence Agency. Global Harvest, according to a contracting document posted online, “is currently going through a Secretary of Defense-directed consolidation with the Defense Intelligence Agency’s counterterrorism and counter threat finance activities.” That shift evidently will come with a fresh contract, which is being prepared. On Wednesday, the Air Force announced that SAIC would get a month-by-month sole-source contra...

Full article: http://www.defensenews.com/article/20121129/DEFREG02/3112...

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Verisign drops 15% on contract change

domainnamewire.com 30 Nov '12, 2pm

Verisign stock nosedives on news of new contract without price increases. Shares of Verisign (NASDAQ: VRSN) are down 15% i...