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Tech Industry

BroadVision lands deal with Lockheed

Struggling software company BroadVision said Tuesday that Lockheed Martin is using its Internet portal software to help coordinate its 15-year, $1.5 billion contract with the U.S. Air Force. Hundreds of Lockheed Martin engineers and project managers involved in the project, which aims to integrate and modernize the Air Force's air, missile and space defense systems, are already using the system to share documents and project plans electronically. BroadVision, whose revenues and stock price have plummeted over the last year amid a technology downturn, inked the Lockheed Martin deal last fall.

Struggling software company BroadVision said Tuesday that Lockheed Martin is using its Internet portal software to help coordinate its 15-year, $1.5 billion contract with the U.S. Air Force. Hundreds of Lockheed Martin engineers and project managers involved in the project, which aims to integrate and modernize the Air Force's air, missile and space defense systems, are already using the system to share documents and project plans electronically. BroadVision, whose revenues and stock price have plummeted over the last year amid a technology downturn, inked the Lockheed Martin deal last fall.