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CACI Lifts FY 2016 Guidance on NSS Buy, Posts 23% Profit Jump for 2Q to Top Street Estimate

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CACI International (NYSE: CACI) — one of 30 companies listed in Executive Mosaic’s GovCon Index — has adjusted its fiscal year 2016 guidance to reflect the company’s $550 million acquisition of the former L-3 Communications (NYSE: LLL) national security solutions segment that closed Tuesday. The Arlington, Va.-based government services contractor …

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Karl Jensen Joins CH2M as SVP, Federal Portfolio Lead


Karl Jensen, formerly senior vice president of business development at CACI International (NYSE: CACI), has joined Colorado-based engineering firm CH2M as SVP and federal portfolio lead. In this capacity, Jensen oversees the development and delivery of engineering services and platforms to government agencies. At CACI, he was responsible for the …

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Leidos Hires Donald Kosiak as Chief Medical Officer; Jon Scholl Comments

Donald Kosiak

Donald Kosiak, vice president for medical development and eCARE executive medical director for Avera Health, will join Leidos (NYSE: LDOS) as chief medical officer on Feb. 8. Kosiak will oversee the company’s efforts to align its business strategy across the health solution group and the whole company, Leidos said Wednesday. “Don …

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X Corp Solutions Lands $50M DTRA Counterintelligence Support IDIQ

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X Corp Solutions has received a potential five-year, $50 million contract to provide counterintelligence and security support services to the Defense Threat Reduction Agency. DTRA awarded the indefinite-delivery/indefinite-quantity, firm-fixed-price contract through a competitive acquisition with nine proposals received, the Defense Department said Wednesday. Work will occur through Feb. 28, 2021, …

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February 3 Market Close: GovCon Index Holds in Correction Despite Gain, US Stocks Turn Around AM Decline


The GovCon Index turned around steep losses from morning trade Wednesday to end at a gain of 0.425 points to 70.769, a close that keeps the Index in a correction, or 10 percent off its most recent high. U.S. stocks rode a late increase in oil prices and gains by …

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Keith Block Adds COO Title at Salesforce; Marc Benioff Comments


Keith Block, president and vice chairman of Salesforce (NYSE: CRM), will serve in the additional role of chief operating officer at the San Francisco-based cloud computing company. He will lead day-to-day operations as well as global sales, partnerships, channels, strategy, customer service and consulting functions, Salesforce said Tuesday. Salesforce Chairman and …

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Steve Trieber Joins MTSI as Strategic Development VP; Kevin Robinson Comments

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Steve Trieber, formerly senior vice president of the analytic fusion and identity intelligence division at CACI International (NYSE: CACI), has joined Modern Technology Solutions Inc. as vice president of strategic development. MTSI President and CEO Kevin Robinson said Tuesday that Trieber will work to help the company grow its presence in the defense, intelligence and …

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FCi Federal Awarded Potential $416M DHS Contract to Support USCIS National Benefits Center


FCi Federal has received a potential five-year, $416 million contract from the Department of Homeland Security to provide processing, management and operations support for the U.S. Citizenship and Immigration Services’ national benefits center. The USCIS national benefits center conducts security and background checks and assesses documents that individuals file in …

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General Dynamics to Update US, UK Navy Subs’ Missile Fire Control Systems for $440M

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General Dynamics (NYSE: GD) has been awarded a seven-year, $440 million contract to update the fire control systems installed in the U.S. Navy and U.K. navy’s nuclear ballistic missile submarines. General Dynamics Mission Systems will work to install fire control subsystem and repair the navigation and launch subsystems as part …

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February 2 Market Close: GovCon Index Falls 2% on Harris Revenue Forecast Cut, Oil Declines Weigh on US Markets


The GovCon Index slumped back into a correction — at least 10 percent down from its most recent high — Tuesday with a decline of 2.124 percent to 70.226 spurred by Harris Corp.‘s (NYSE: HRS) move to cut projected revenue for the company’s 2016 fiscal year. Shares of Harris plummeted 9.78 percent after the …

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