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FBI Selects Accenture for Potential $100M HR Application Services BPA

The FBI has awarded a potential seven-year, $100 million blanket purchase agreement to Accenture‘s (NYSE: ACN) federal business for services to modernize existing applications in the bureau’s human resources systems as part of an ongoing digital transformation initiative. Accenture Federal Services said Thursday it will collaborate with the FBI to update the agency’s Oracle-based (NYSE: …

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OST Wins $248M Army Systems Engineering, Technical Support Contract

Optimal Solutions and Technologies has won a potential $248 million firm-fixed-price contract from the U.S. Army for systems engineering and technical assistance support services. The Defense Department said Wednesday OST will provide the services to the Army’s program executive office for simulation, training and instrumentation as well as limited customers related to …

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Retired Navy Adm. James Winnefeld Joins Raytheon Board; Thomas Kennedy Comments

James Winnefeld Jr., a retired U.S. Navy admiral and former vice chairman of the Joint Chiefs of Staff, has been elected to Raytheon‘s (NYSE: RTN) board of directors. The 37-year Navy veteran previously led the North American Aerospace Defense Command and the U.S. Northern Command, Raytheon said Wednesday. “Sandy brings significant expertise …

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Polaris Alpha Subsidiary to Offer R&D, Technical Services Through Navy IDIQ Contract

Polaris Alpha‘s EOIR Technologies subsidiary has secured a position on a five-year, $48 million contract that covers research, development and technical support services for the U.S. Navy‘s corporate laboratory. The company said Wednesday the contract encompasses seven research fields and EOIR will vie for task orders under the optoelectronics category to support the Naval Research Laboratory’s …

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January 18 Market Close: GovCon Index Higher, US Stocks Mixed After Fed Chair Speech

Executive Mosaic’s GovCon Index traded higher Wednesday on help from its large-cap components against mixed U.S. stock movements as investors awaited Federal Reserve chair Janet Yellen’s speech on the U.S. economy during the last hour of trade. GovCon Index gainers slightly edged decliners each and nine of its 11 S&P 500 companies advanced with co-listed Raytheon (NYSE: …

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NASA Vet William Parsons Joins PAE-BWXT JV S3 as President

William “Bill” Parsons, an 18-year NASA veteran, has been named president of Syncom Space Services, a joint venture of PAE and BWX Technologies (NYSE: BWXT). Parsons will oversee S3’s operations at NASA that include management of facility operations, test and manufacturing services and maintenance requirements at Stennis Space Center in …

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Northrop to Support Air Force’s Battlefield Comms Relay Under $140M Contract Modification

The U.S. Air Force has awarded Northrop Grumman (NYSE: NOC) a one-year, $140 million contract modification to provide payload and operations support for an airborne communications relay that works to help warfighters transmit data and gain situational awareness. Northrop will perform support work on the Battlefield Airborne Communications Node in San Diego, California, and various …

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DLA Awards GE $98M Delivery Order to Reproduce F110 Military Jet Engines

General Electric (NYSE: GE) will remanufacture F110 military aircraft engines for the U.S. Air Force under a $98.1 million firm-fixed-priced delivery order from the Defense Logistics Agency. The Defense Department said Tuesday that GE will perform work through through Oct. 30, 2018, in Ohio and Kansas. DLA’s aviation unit is the contracting activity and will obligate fiscal 2017 …

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Reuters: Airbus Defense Chief Anticipates EU Military Spending Changes by 2018

Dirk Hoke, CEO of Airbus‘ defense and space segment, has said he expects to see changes to military spending in Europe next year and anticipates “intensive” discussions among European countries about the future of NATO, Reuters reported Tuesday. “This discussion is long overdue when you consider that only five countries in Europe meet …

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January 17 Market Close: GovCon Index Down on Shipbuilder Declines, Financials Drive S&P 500 Lower

Executive Mosaic’s GovCon Index tumbled Tuesday on declines from major military shipbuilders and defense technology makers as U.S. stocks traded lower with a 2.28-percent decline by financial shares the main contributor after a three-day weekend for equity markets. GovCon Index laggards outnumbered advancers by an 9-to-1 ratio and overall top performer McKesson Corp. (NYSE: MCK) was the …

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