Rewind
Westinghouse Electric Corp. and Airship Industries Inc. teamed to compete against Loral Systems Group, which had acquired Goodyear Aerospace Corp., for a $200 million contract to build and test missile defense airships.
Westinghouse Electric Corp. and Airship Industries Inc. teamed to compete against Loral Systems Group, which had acquired Goodyear Aerospace Corp., for a $200 million contract to build and test missile defense airships. The blimps ? plans called for eventually building 50 of them at a cost of $3 billion ? were to be used to defend against sea skimmer missiles and submarine-launched cruise missiles.Federal Sources Inc., McLean, Va., predicted that information technology spending by the federal government would rise from $23.4 billion in 1992 to $24.2 billion in 1993. The research firm also identified the growing trend toward aggregating spending into larger contracts.
March 14
1987
Blimps: The Navy's billion-dollar missile defense
Apparently, the blimp program was easier to shoot down than the missiles.
May 7
1992
Big IT spending
Federal IT spending has more than doubled since then, to a projected $48.5 billion in fiscal 2002 and $53.1 billion in 2003, according to FSI's most recent market report.
1987
Blimps: The Navy's billion-dollar missile defense
Apparently, the blimp program was easier to shoot down than the missiles.
May 7
1992
Big IT spending
Federal IT spending has more than doubled since then, to a projected $48.5 billion in fiscal 2002 and $53.1 billion in 2003, according to FSI's most recent market report.
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