GovCon Wire Your Direct Source for Government Contracting News

The Executive Mosaic GovCon Index closed up for the fourth consecutive with the advancers outpacing the decliners 3 to 1. The GovCon Index reached 30 day high of 94.234, up 0.367 percent. All the U.S. indices were up on the day as the S&P500 came within 2 points of breaking 2,400. Markets …

The Trump administration revealed its budget Tuesday, which would add almost half a trillion dollars to defense spending while cutting $1.5 trillion from nondefense spending and $1.4 trillion in Medicaid over the course of a decade. Trump’s plan, titled “A New Foundation for American Greatness,” leaves Medicare and the retirement portion of  Social …

At Yuma Proving Ground earlier this year, the U.S. Army selected Northrop Grumman Corporation’s (NYSE: NOC) Highly Adaptable Multi-Mission Radar (HAMMR) to demonstrate the multi-mission capability of the 2017 counter-rocket, artillery and mortar (C-RAM.) HAMMR incorporates an Active Electronically Scanned Array fighter radar mounted on a ground vehicle or towable …

DeEtte Gray, formerly president of the intelligence and security sector at BAE Systems’ U.S. subsidiary, has joined CACI International (NYSE: CACI) as president of U.S. operations. CACI said Monday that she succeeds John Mengucci and will oversee the Arlington, Virginia-based government services contractor’s operations business groups in the U.S. with a focus on organic growth …

Deputy Defense Secretary Bob Work announced the creation of the Algorithmic Warfare Cross Functional Team (AWCFT) which will manage the masses of data currently collected by drone surveillance. Known as Project Maven, the team will accelerate the Defense Department’s integration of big data and machine learning, reports GCN. Masses of data have been …

Raytheon (NYSE: RTN) has secured a potential $300 million contract to design and build an anti-submarine technology for U.S. Navy personnel to locate and track enemy submarines from littoral combat ships. The Navy awarded the contract following the completion of a study and production assessment of Raytheon’s Variable Depth Sonar system, the company said Tuesday. …

CGI‘s (NYSE: GIB) federal business has received a potential $133.9 million contract to develop an enterprise-wide software platform for the U.S. Army to write, manage, execute or close out a contract. The Army Contracting Command announced the contract award in a FedBizOpps notice posted Monday. The service branch needs a contract writing and management system to …

Rafael Lopez, a former division commissioner at the Department of Health and Human Services, has been named managing director of Accenture‘s (NYSE: ACN) health and public service practice in North America. Accenture said Tuesday Lopez will help develop strategy and offerings across the company’s child support, child welfare, public assistance and public health practices in his …

John Mengucci, chief operating officer and president of U.S. operations at CACI International (NYSE: CACI), will assume additional responsibilities as COO in an effort to advance the company’s strategic growth initiatives. Mengucci will continue to report to CACI President and CEO Ken Asbury and will oversee the company’s mergers and acquisitions, …

Boeing (NYSE: BA) has received a potential five-year, $1.1 billion contract modification from the Missile Defense Agency to continue to provide development support for the Redesigned Kill Vehicle program. The modification increases the total value of a previously awarded contract from $4.7 billion to $5.8 billion, the Defense Department said …