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July 19th Market Close: GovConIndex, S&P500, and NASDAQ Composite All Set New Highs

The Executive Mosaic GovCon Index (GCI) reversed it’s previous two slide to break through 98.00 to close at a new high of 98.178. Advancers outpaced decliners 5 to 1. All the major indices closed positive on the day with the S&P500 and NASDAQ Composite setting new record highs. Stocks were boosted by …

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Army Multiplies Laser Weapons Power to 100kW

Army lasers, which previously had between 5 to 10 kilowatt strength, will be amplified to 50 to 100 kW weapons that could char helicopters and even small, fixed-wing aircraft, reports Breaking Defense. A truck-fired 50 kW weapon, an upgrade of the 10 kW HEL-MTT, will be tested next-year, while an …

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Pentagon’s Defense Innovation Unit DIUx to get Emergency Funds

Defense Innovation Unit Experimental (DIUx,) the Department of Defense’s outreach office to Silicon Valley, needs emergency funding to keep key programs operating, and DoD is poised to grant their request, Defense News reports. The vice chairman of the Joint Chiefs of Staff, Gen. Paul Selva, said Tuesday that DIUx chief Raj …

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DoD Rolls Out E-Health Record System at Second Facility

The Naval Hospital Oak Harbor in Washington state became the second facility to utilize the Department of Defense’s new electronic health record system, MHS Genesis. The Naval Hospital is the first inpatient facility to use the system, which incorporates Cerner’s commercial health records system. Naval Hospital Oak Harbor’s new system …

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SAIC Lands Potential $621M Alliant Task Order for Centcom IT Support Services

Science Applications International Corp. (NYSE: SAIC) has received a potential seven-year, $621 million task order to provide a range of information technology support services to the U.S. Central Command‘s J6 directorate. SAIC said Wednesday work covers IT training, help desk, desktop and executive communications support, inventory and knowledge management, network operations and …

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U.S. Digital Service Details Progress on 10 Federal Cyber Modernization Projects

The U.S. Digital Service released its first report to Congress under the Trump administration, detailing its progress on 10 projects to modernize digital functionality within Federal departments. Projects include the General Services Administration’s common identity project login.gov, modernizing the Small Business Administration’s certify site, simplifying the Department of Veterans Affairs’s Vets.gov, sponsoring …

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SAIC, Northrop Vet Randy James Named ICF Cyber & Resilience Business Head

Randy James, formerly vice president of cyber at Science Applications International Corp. (NYSE: SAIC), has joined ICF (Nasdaq: ICFI) as senior VP and general manager of the enterprise cybersecurity and resilience business. James will oversee ICF’s strategy to help organizations counter cyber threats without causing disruption to growth efforts, the company …

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The Potomac Officers Club Adds Randall Conway to 2017 Army Forum Panel, Reschedules Forum

TYSONS CORNER, VA, July 19, 2017 – The Potomac Officers Club — a division of Executive Mosaic — has added Randall Conway as a panelist for the 2017 Army Forum. The Forum has also been rescheduled to August 30th (was previously scheduled for August 10th). As the Department of Defense moves to …

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Cubic Eyes Wireless Comms Capability Expansion Via Deltenna Purchase; Bradley Feldman Comments

Cubic (NYSE: CUB) has wrapped up its purchase of U.K.-based radio and antenna communication platforms provider Deltenna for an undisclosed sum in a push to build up wireless communications capabilities for training and tactical applications. Deltenna designs and produces rugged antennas, broadband range extensions, Long Term Evolution base stations and other …

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Air Force Taps Booz Allen for Potential $140M Business Area Process Support IDIQ

Booz Allen Hamilton (NYSE: BAH) has received a potential five-year, $140 million contract to provide business area process re-engineering, change management and performance improvement services to the U.S. Air Force. The company will support projects with shared interest across the service branch and the Defense Department under the indefinite-delivery/indefinite-quantity contract, DoD said …

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