KBR to Get IT Consulting Designation Under Global Industry Classification Standard

KBR to Get IT Consulting Designation Under Global Industry Classification Standard - top government contractors - best government contracting event

MSCI will shift KBR to the information technology consulting code under the Global Industry Classification Standard by April 30.

KBR said Thursday its new 45102010 code, designated for IT consulting and other services, aligns with the firm's partners in the government services market and reflects a transformation where at least 60 percent of its consolidated results come from the government sector.

A company is listed under the GICS sub-industry that best aligns with at least 60 percent of the firm's revenue-generating activities. There are 158 sub-industries within GICS.

MSCI and S&P Dow Jones Indices developed GICS to serve as an investment tool through classification of industry sectors.

You may also be interested in...

Gray Eagle ER UAS

General Atomics Demos Gray Eagle UAS for JTAC Operations

General Atomics’ aeronautical systems business assessed how the Gray Eagle Extended Range unmanned aircraft system could help advance sensor-to-shooter capabilities during a technology demonstration in late April at Yuma Proving Grounds in Arizona. A joint terminal attack controller captured the sensor field of regard, video and aircraft location using an Android Team Awareness Kit and digitally transmitted ‘call for fires’ on various targets by controlling the electro-optical/infrared sensor aboard the Gray Eagle platform during the April 23 demo.

Booz Allen Hamilton

Booz Allen Signs Up for Global Radio Network Access Consortium

Booz Allen Hamilton has become one of the industry members of the O-RAN Alliance, which promotes interoperability and openness in radio access network architectures. The company said Thursday it will support the RAN industry's efforts to integrate and secure networks through membership in the global consortium.

Box

Box to Provide HHS With Cloud Content Management Platform

The Department of Health and Human Services will use a Box Inc.-developed cloud content management technology in an effort to ensure security and privacy of sensitive information during health services delivery and to identify new ways to work in the cloud.