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CACI FY 2017 Guidance Below Street Outlook

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CACI International (NYSE: CACI) issued earnings and revenue guidance below analyst expectations Wednesday for the government services contractor’s next fiscal year that starts July 1 on higher indirect costs and selling expenses in conjunction with a forecasted seasonal sales decline in the summer. An additional seven months of the National Security Solutions business acquired …

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DHS Issues RFI on Biometric Exit Program


The Department of Homeland Security has begun to solicit industry information on biometric systems designed to screen foreign visitors exiting the U.S. under a potential $7.2 billion program, Nextgov reported Wednesday. Aliya Sternstein writes DHS said in a notice that it plans to field biometric exit systems at airports in 2018 …

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Harris’ $1.7B Radio Systems FMS Contract Takes Effect


A $1.7 billion contract between the U.S. Army and Harris Corp. (NYSE: HRS) for the supply of company-built tactical radios to Afghanistan took effect Wednesday. The Defense Department said Wednesday it “inadvertently” announced the service branch’s award of the foreign military sales contract to Harris on June 16. The contract will run …

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Curtiss-Wright Lands $80M in Contracts to Provide Ship Valves for Navy; David Adams Comments

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Curtiss-Wright (NYSE: CW) has secured approximately $80 million in contracts to provide various valves for the U.S. Navy‘s Virginia-class submarines and Ford-class aircraft carriers. The company said Wednesday it received the contracts from business units of Bechtel and General Dynamics (NYSE: GD) as part of a ship construction support and spare parts procurement agreement. Curtiss-Wright …

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Labor Dept Taps Booz Allen For $74M Shared Service Transition Support Task Order


The Labor Department plans to award a $74.2 million task order to Booz Allen Hamilton (NYSE: BAH) through the General Services Administration’s IT schedule to support DoL’s transition efforts to a shared service provider for financial management services, Federal News Radio reported Tuesday. Jason Miller writes that a DoL will contract directly with Booz Allen to help …

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June 22 Market Close: GCI, US Stocks End in Narrow Range on Last Pre-Brexit Vote Trading Day


The GovCon Index hit choppy trade in the afternoon after a strong open Wednesday and recorded a nominal gain of 0.004 points to 79.194 to mark its second straight day with a close in narrow negative range in the final full trading session for U.S. investors before Thursday’s Brexit vote. British citizens will head to the polls for …

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Chris Deegan Promoted to CEO at Maritime Engineering Contractor Gibbs & Cox

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Maritime engineering and design company Gibbs & Cox has appointed Chris Deegan, former vice president of the company’s engineering group, to the roles of president and CEO. The Arlington, Virginia-based contractor said Tuesday Deegan will succeed Rick Biben, who will continue to serve on G&C’s board of directors. “Chris has delivered exceptional results in every …

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Northrop Lands $203M Option on Air Force Global Hawk Logistics, Sustainment Contract


The U.S. Air Force has awarded Northrop Grumman (NYSE: NOC) a potential one-year, $203.5 million contract modification to continue to provide sustainment and logistics support for the service branch’s Global Hawk unmanned aerial systems. The company will supply additional materials and provide maintenance, planning and operations services to exercise an option …

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Air Force Taps M1 Support Services For $194M T-38 Aircraft Maintenance Contract


M1 Support Services has won a $193.8 million contract from the U.S. Air Force for the operations and maintenance of the Northrop Grumman-built (NYSE: NOC) T-38 Talon trainer aircraft. The Defense Department said Tuesday the contract requires M1 to provide support on companion training services for B-2 and U-2 pilots and adversary air assets …

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Former FBI Exec J. Kevin Reid Joins KeyLogic as National Security VP, CIO

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J. Kevin Reid, former assistant director of FBI‘s IT infrastructure division, has joined KeyLogic Systems as its new national security vice president and chief information officer. KeyLogic said Tuesday Reid will be responsible for the company’s national security practice that works to provide clients with strategic information technology and support services. “Kevin combines a …

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