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Textron's aviation business will manufacture and deliver 14 Textron's Multi-Engine Training System aircraft to the U.S. Navy under a $121.3 million contract modification. The Navy, Marine Corps and Coast Guard will use the aircraft as an intermediate and advanced training platform for the service branches\' P-8, EP-3, KC-130, E-6, E-2, CMV-22 and MV-22 aircraft, the Department of Defense said Thursday.
MoreOracle has unveiled a new cloud-based financial management tool designed to address business, reporting and audit requirements of U.S. federal government agencies. Built on Oracle's cloud-based enterprise resource planning software, the Oracle Cloud Federal Financials has embedded artificial intelligence and machine learning capabilities that work to enable federal agencies to gain insights into their financial data to inform decision-making and business optimization initiatives, Oracle said Thursday.
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