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Dave Cole Joins Tenable Network Security as Chief Product Officer

Dave Cole

Dave Cole, former chief product officer at cybersecurity firm CrowdStrike, has been appointed to the same role at Columbia, Maryland-based security monitoring technology developer Tenable Network Security. He previously led CrowdStrike’s efforts to design and develop cloud-based endpoint security technology, Tenable Network Security said Monday. Before that, he managed the Norton antivirus software product at Symantec …

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July 25 Market Close: GovCon Index Down on Prime Declines & Oil Fall, Engility Surges on Debt Refinance Plan

GovConIndexDOWN

Executive Mosaic’s GovCon Index held in slight negative range Monday as gains by services contractors Engility Holdings (NYSE: EGL) and CACI International (NYSE: CACI) failed to offset declines by defense primes and platform makers. The GovCon Index declined 0.110 points to 81.678 and only two of the GCI’s 11 S&P 500-listed stocks closed in green …

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IBM Vet David McOmber Joins QTS as Public Sector, Federal Sales Head

David McComber

David McOmber, a two-decade IBM (NYSE: IBM) veteran and a former vice president in Big Blue’s federal business, has joined data center and cloud computing services contractor QTS Realty Trust (NYSE: QTS) as executive VP of public sector and federal sales. QTS said Monday McOmber will also work to build relationships across its …

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Rockwell Collins Narrows 2016 Outlook, Posts 3Q Earnings Beat With 5% Govt Segment Sales Increase

Rockwells Collins logo_GovConWire

Rockwell Collins (NYSE: COL) has narrowed full-year earnings and revenue guidance for its 2016 fiscal year as the avionics maker expects declines in production rates of commercial airplanes such as the Airbus A330 and business jets to impact sales in the commercial systems segment. Cedar Rapids, Iowa-based Rockwell Collins now anticipates earnings for …

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Cubic Awarded $73M Marine Corps Aviation Training Task Order; Dave Buss Comments

CubicLogo

Cubic Corp. (NYSE: CUB) global defense business unit has received a five-year, $73 million task order from the U.S. Navy to operate and maintain the aviation training devices and simulators at six U.S. Marine Corps locations. Cubic will also provide simulator and classroom training for Marine Corps pilots and other aircrew under …

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Huntington Ingalls Gets $195M Modification to Continue Planning for USS Washington Carrier Modernization

USS George Washington

The U.S. Navy has awarded Huntington Ingalls Industries (NYSE: HII) an 18-month, $194.8 million contract modification to continue advance planning for the refueling and complex overhaul of the USS George Washington nuclear-powered aircraft carrier. The modification extends the company’s services through August 2017 and seeks to address  engineering and production …

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Air Force Awards 4 Spots on $90M Design, Construction Support IDIQ

construction

Four companies have won positions on a potential five-year, $90 million contract to provide performance-based design and construction support services to the U.S. Air Force. Gideon Contracting, SP-JV, Weldin Construction and Pro-Mark Services will compete to perform the services at Offutt Air Force Base in Nebraska through July 21, 2021, the …

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Juergen Mueller Named SAP Chief Innovation Officer

Juergen Mueller

Juergen Mueller, who joined SAP (NYSE: SAP) in 2013, has been appointed as chief innovation officer at the Walldorf, Germany-based enterprise software maker. He will also continue to oversee the SAP Innovation Center Network and serve as managing director of SAP Labs Berlin to help grow the company’s presence in the German capital, SAP …

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July 25 Morning Report: GovCon Index Posts Friday Gain, Nominal 5-Day Decline Ahead of Q2 Reports

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Executive Mosaic’s GovCon Index closed Friday with a gain of 0.289 points to 81.788 but remained in the negative with a nominal five-day 0.031-point drop. The decline comes amid the large selloff of stocks in the defense and GovCon sectors Thursday as reports on second-quarter earnings among government contracting companies start coming in. GCI second-quarter reports Friday came …

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July 22 Market Close: GovCon Index Shakes Off Weak Open, Honeywell Plummets on Sales Outlook Cut

GovConIndexUP

Executive Mosaic’s GovCon Index reversed an initial weak open to register a gain Friday that was not enough to push the GCI to positive for the week as second quarter earnings reports started for government contracting companies. The GovCon Index added 0.289 points to 81.788 Friday but ended at a nominal five-day decline of 0.031 points with …

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