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Stock impact report

ECS Awarded $190M AI/ML Contract from DEVCOM Army Research Lab [Yahoo! Finance]

ASGN Incorporated (ASGN) 
Last asgn incorporated earnings: 4/30 04:15 pm Check Earnings Report
Company Research Source: Yahoo! Finance
FAIRFAX, Va., March 05, 2024 BUSINESS WIRE )--ECS, a leader in advanced technology, science, and engineering solutions and an ASGN (NYSE: ASGN) brand, received a three-year, $190 million contract from the United States Army Combat Capabilities Development Command (DEVCOM) Army Research Lab (ARL). As prime contractor, ECS will serve as a system integrator for DEVCOM ARL, delivering and integrating artificial intelligence (AI) capabilities for Department of Defense (DoD) services and combatant commands. The contract, awarded in Q3 of 2023, is a new initiative helping aid DoD objectives through the expansion and extension of key AI research. ECS will help develop, experiment with, and demonstrate advanced capabilities that provide new AI mobility and AI agility, at theater/field-level, across multiple critical DoD programs and domains. "ECS has a long history of providing mission solutions to the DoD including cloud, cyber, data, and AI solutions," said Marshall Thames , senior vice Show less Read more
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