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Tag Archives: Commerce Department

Report: OFPP Administrator Anne Rung to Join Amazon Business

Anne Rung

Anne Rung, administrator of the Office of Management and Budget’s Office of Federal Procurement Policy, will step down from her position by the end of September after two years on the job, Federal News Radio reported Friday. Jason Miller writes Rung will serve as head of Amazon Business (Nasdaq: AMZN) and will be …

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Weekly Roundup Mar. 21 – Mar. 24 2016: NIST-Backed Cyber Council Adds New Private Sector Leader & more

security-lock-chip

Mar. 21 – Mar. 24 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson A White House-mandated cybersecurity organization created to combine knowledge and experience from the public and private sectors added a new leader this week whose background includes stops on both sides. …

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Sevatec to Support NOAA Cybersecurity Center Under Sole-Source Contract

Sevatec

Sevatec will provide support to the National Oceanic and Atmospheric Administration Cyber Security Center under a $9.9 million sole-source contract from the Commerce Department, Federal Times reported Thursday. Aaron Boyd writes that the office of the Commerce chief information officer indicated the award as a follow-on to a previous contract, with support services …

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Johnson Controls Awarded $120M NIST Energy Savings Performance Contract

environment

Johnson Controls will support the National Institute of Standards and Technology‘s energy conservation efforts under a $120 million energy savings performance contract awarded by the Census Bureau‘s national processing center. The Commerce Department said Monday the 25-year contract’s goal is to cut down the environmental impact of NIST’s Central Utility Plant and the future 4,100-square-foot …

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June 3 Market Close: GovCon Index, US Stocks Climb on Trade Deficit Data

GovConIndexUP

The GovCon Index mirrored the U.S. stock market’s rebound Wednesday to record a gain of 0.379 points and close at 77.048. Investors reacted to the latest Commerce Department report that showed the U.S. trade deficit shrunk 19.2 percent in April to represent the figure’s largest fall in more than six years, according …

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May 29 Market Close: GovCon Index Dips, GDP Data Pushes US Stocks Down

GovConIndexDOWN

The GovCon Index ended the week with a close in negative territory Friday by 0.453 points to finish at 74.308. As of Monday, Rockwell Collins (NYSE: COL) will take the place formerly held by Exelis on the GovCon Index now that Harris Corp. (NYSE: HRS) has closed its $4.75 billion cash-and-stock purchase of Exelis. U.S. …

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May 26 Market Close: GovCon Index, US Stocks Fall After Durable Good Report’s Release

GovConIndexDOWN

The GovCon Index recorded a sharp decline Monday with a loss of 1.184 percent to close at 74.199 on a day that saw Engility Holdings (NYSE: EGL) and Serco Inc. as the only Index companies to end the day in positive territory. U.S. markets traded lower Monday after the Commerce Department said …

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April 29 Market Close: GovCon Index Falls, Economic Growth Report Sends Stocks Down

GovConIndexDOWN

The GovCon Index mirrored across-the-board losses in U.S. stock markets Wednesday with a decline of 0.678 points to end the day at 74.831. General Dynamics (NYSE: GD), the index’s biggest gainer, saw its stock price jump 3.78 percent after the company reported a 7-percent increase in first quarter 2015 revenue from …

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Accenture Closes Agilex Buy; David Moskovitz Comments

David Moskovitz

Accenture’s (NYSE: ACN) federal services subsidiary has wrapped up the purchase of Agilex Technologies in a move to grow its analytics, cloud and mobility offerings for federal agency clients. David Moskovitz, Accenture Federal Services CEO, said Thursday the company intends for the acquisition to help “federal clients make the digital transformation …

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March 25 Market Close: GovCon Index Nosedives After Durable Goods Report Shows Decline

GovConIndexDOWN

The GovCon Index closed in negative territory for the third consecutive day this week with a loss of 2.271 percent to end up at 68.195. Engility Holdings (NYSE: EGL) and Navistar (NYSE: NAV) were the only Index companies to see their stock prices rise Wednesday. U.S. stock markets largely went into selloff mode after the Commerce Department said durable …

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