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Ross Wilkers

CMS Picks 80 Companies for Potential $25B IT Services IDIQ

The Centers for Medicare and Medicaid Services has awarded 80 companies positions on a potential 10-year, $25 billion contract vehicle the agency intends to use as its primary mechanism for acquisitions of information technology services via task orders. CMS released the list of awardees in a Wednesday FedBizOpps notice and said all operational divisions of its Cabinet parent Department …

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June 15 Market Close: GovCon Index, US Stocks Choppy as Fed Holds Line on Interest Rates

The GovCon Index hit choppy trade in the late afternoon session Wednesday and closed at a narrow loss of 0.094 points to 78.850 as investors examined the Federal Reserve‘s latest policy statement that left current interest rates unchanged. Central bank leaders held the federal funds rate at between one-quarter and one-half …

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Cybercom’s Kevin McLaughlin: Human Capital Key to Partnerships With Industry

U.S. Cyber Command‘s efforts to build greater partnerships with the private sector should include a human capital component to build up skill sets and experience in both the public and private sectors, Cybercom’s second-ranked officer told the Potomac Officers Club Wednesday. Air Force Lt. Gen. Kevin McLaughlin, Cybercom’s deputy leader since August …

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June 14 Market Close: GCI Barely Nudges Up as Britain EU Vote, Central Banks Mute Markets

The GovCon Index rallied late Tuesday afternoon and ended at a narrow gain of 0.033 points to 78.945 as global investors held back over the U.K.’s potential European Union exit and also started to watch world central bank meetings. CACI International (NYSE: CACI) rose after the Air Force announced the services provider as the …

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CACI Wins Potential $446M Air Force Satellite Control Net Consolidation Contract

CACI International (NYSE: CACI) has won a potential seven-year, $445, 900, 944 contract that consolidates maintenance services for the U.S. Air Force‘s main Satellite Control Network into a single purchasing mechanism in an effort to reduce the service branch’s operation and sustainment costs. A Monday contracting notice on FedBizOpps says the Consolidated Air Force Satellite Control …

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June 13 Market Close: GovCon Index in Deep Red, SAIC Lifts After 1Q Earnings Beat

The GovCon Index was dragged Monday by the across-the-board selloff in U.S. stocks and closed at a steep decline of 1.288 percent to 78.912. McLean, Virginia-based Science Applications International Corp. (NYSE: SAIC) was the GCI’s lone gainer at 2.16 percent after the contractor reported first-quarter earnings and revenue above analyst forecasts. Losses …

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SAIC 1Q Earnings, Revenue Beat Street Forecasts

Science Applications International Corp. (NYSE: SAIC) — one of 3 companies listed in Executive Mosaic’s GovCon Index — has reported first quarter earnings and revenue figures above the consensus Wall Street forecasts with sales contributions from the Scitor business acquired a year ago. The McLean, Virginia-based government services contractor said earnings for the …

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June 9 Market Close: GovCon Index Flat, US Stocks Post Little Change in Investor Outlook Reset

The GovCon Index attempted an afternoon reversal from its morning decline Thursday and closed at a nominal loss of 0.004 points to 80.493 as U.S. investors paused their recent stretch of optimism before the Federal Reserve‘s policy meeting next week and other key events to gauge the global economy. Thursday ends the …

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IBM Vet Jennifer Chronis Joins Amazon Web Services to Lead DoD Business

Jennifer Chronis, a former vice president in IBM‘s (NYSE: IBM) federal business and 15-year “Big Blue” veteran, has joined cloud computing services contractor Amazon Web Services as general manager for the Defense Department market, AWS has confirmed to GovCon Wire. Chronis will oversee accounts related to the four U.S. service branches and all DoD organizations …

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June 8 Market Close: GCI Hits 80, Extends Gain Streak to 6th Day as HII & L-3 Hit 52-Week Highs

The GovCon Index held positive for a sixth consecutive full trading session Wednesday with a gain of 0.751 points to 80.497 and achieved its first close above 80 points in 16 months. A weakening dollar helped lift U.S. stocks and multinational corporations in particular as commodities such as copper, gold and …

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