1.
Teen solves centuries-old math problem
CHICAGO, Aug. 19 (UPI) -- BAE Systems has signed a seven-year U.S. outsourcing procurement services agreement with Illinois company Xchanging.
As part of the arrangement, Xchanging will provide sourcing and supply base management services for $800 million of BAE's annual indirect procurement spread across most categories of indirect goods and services, including information technology and telecommunications, transportation, contract labor, industrial supplies and services and utilities.
Xchanging will also provide procurement management activities related to reporting, supplier and contract management.
The contract runs through July 2018 with an option to extend for an additional three years by mutual agreement.
"We are excited to be adding BAE Systems, Inc. to our broad customer portfolio and we are proud to be associated with such a high-performance, professional organization," said Scott Dever, managing director for Xchanging Procurement Services in the Americas.
"This agreement opens up tremendous opportunities for growth and establishes Xchanging as a strong provider of procurement services in the Americas."
Xchanging is a business process and technology services provide that helps customers with improvement in supplier costs and process efficiencies associated with the procurement process.
|
|
|
|
|
|
| Additional Security Industry Stories | |
HAVANA, May 25 (UPI) --
Cuba is reportedly sitting on vast underwater oil and gas reserves, but none came up in the latest exploration, a joint Chinese-Spanish undertaking.
|
LONDON, May 25 (UPI) --
Military pilot training and training aircraft were in the news this week, with European companies reaping more than $3 billion in contracts.
|
First-time buyers are driving the expectations that a recovery has begun. Their numbers and market share are growing despite financing roadblocks and competition with investors for entry-level homes. ...
|
The photos are familiar, but the captions are not, as economic tension skips across the continent of Europe.
|
View Caption
