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Former Fluor Exec Kevin Leonard Joins Vectrus as Facility, Logistics Services SVP

Kevin Leonard, former vice president of contingency operations at Fluor‘s (NYSE: FLR) government group and a retired U.S. Army major general, has joined Vectrus (NYSE: VEC) as senior VP of the Colorado Springs-based company’s facility and logistics services business. Vectrus said that Leonard will oversee the unit’s efforts to develop and implement short- and long-term growth …

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General Dynamics Subsidiary to Produce Additional Columbia-Class Submarine Missile Tubes for $96M

General Dynamics‘ (NYSE: GD) Electric Boat subsidiary has secured a $95.6 million contract modification to manufacture 17 tactical missile tubes for the U.S. Navy‘s future Columbia-class nuclear submarines. The Defense Department said Friday the modification will support the joint U.S.-U.K. Common Missile Compartment program and includes foreign military sales to U.K. Work …

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Feds Spend $612.2 billion on Healthcare Halfway into 2017

So far through fiscal year 2017, the Federal government has spent $612.2 billion on contracts to the Department of Health and Human Services (HHS,) almost six times the amount spent on the Department of Defense, Department of Veterans Affairs, and the Department of Homeland Security. The majority of the money …

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HyTrust’s John De Santis: Agencies Should Adopt Platforms for Security Policy Enforcement

John De Santis, chairman and CEO of HyTrust, has said government agencies should adopt a strategic approach to security when moving to the cloud through the implementation of security platforms and controls that work to “enforce security policy” against cyber threats. “By deploying software to continuously enforce policies in real time, …

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Navy Awards Raytheon $79M Sidewinder Block II Sustainment Contract Modification

Raytheon‘s (NYSE: RTN) missile systems business has received a $78.7 million contract modification to provide sustainment and support services for AIM-9X Sidewinder Block II missiles of the U.S. Navy and the U.S. Air Force as well as 20 government clients under the Foreign Military Sales program. The Defense Department said Friday the modification covers repair, depot management, software …

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April 24 Morning Report: GovCon Index and Markets End The Week In the Positive

The Executive Mosaic GovCon Index ended the week on Friday at 91.565 up 1.7 points or 1.90 percent above the Monday morning open. The major markets closed the week in the positive with the NASDAQ leading the way, up almost two full percentage points. For the week the S&P500 was up 19.74 …

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April 21 Market Close:GovCon Index Up With Major Indices Slightly Down

The Executive Mosaic GovCon Index closed up for the third consecutive day to a weekly high of 91.565 positive 0.252 percent. Advancers and decliners split evenly on the day. The major markets declined slightly on the day as investors watch elections in France closely. However all U.S. market ended the week in …

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State Dept OKs $195M Follow-On C-17 Sustainment Support Deal for Canada

The State Department has approved a potential follow-on $195 million foreign military sale of sustainment support services to Canada’s fleet of C-17 military cargo aircraft. Canada requested aircraft maintenance, logistics, in-country field services, alternate mission, training and support equipment, software, spares, personnel training and engineering support for five C-17 planes, the Defense Security Cooperation …

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William LaPlante Appointed SVP, GM of Mitre’s National Security Center

William LaPlante, formerly a vice president of Mitre, has been appointed as senior vice president and general manager of the nonprofit research company’s Center for National Security. Mitre said Thursday LaPlante will lead efforts to increase the organization’s strategic value across its Defense Department, intelligence and cybersecurity portfolios. CNS is comprised of two Mitre-operated, federally …

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DLA Awards Potential $925M Contract to American Material Handling Equipment

American Material Handling Equipment has won a potential five-year, $925 million contract from the Defense Logistics Agency for the supply of material handling equipment to the U.S. Air Force, Army, Marine Corps and Navy as well as federal civilian agencies. DLA received 38 offers for the contract via a competitive acquisition process, the Defense Department said Thursday. …

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