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Weekly Roundup June 27 – July 1 2016: Defense Prime Stocks Soar Post-Brexit & more

June 27 – July 1 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson   As massive the selloff was in global financial markets in the wake of June 23’s “Brexit” vote in the U.K., so was the reversal in equities after investors took a deep breath …

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FLIR Systems Buys Night Vision Tools Provider Armasight for $41M; Andy Teich Comments

FLIR Systems (Nasdaq: FLIR) has purchased San Francisco-based night vision and thermal imaging equipment supplier Armasight through a cash transaction valued at approximately $41 million. Andy Teich, president and CEO of FLIR, said in a statement released Tuesday the acquisition aims to expand the company’s portfolio of thermal weapon sights and scopes in support of …

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Lookout Names Former DISA Chief Ronnie Hawkins to Federal Advisory Board

Ronnie Hawkins, a retired U.S. Air Force lieutenant general and former director of the Defense Information Systems Agency, has joined the federal advisory board of San Francisco-based mobile security provider Lookout. Hawkins will work with the Lookout executive team to inform public sector customers about potential security risks from authorized and unauthorized …

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Spaceflight Industries Buys OpenWhere in Satellite Imaging Market Push

Seattle, Washington-based space technology and services provider Spaceflight Industries has bought Herndon, Virginia-based geospatial analytics company OpenWhere for an undisclosed sum as part of efforts to accelerate the deployment of Spaceflight’s BlackSky satellite imaging platform. Spaceflight said Tuesday it aims to build a constellation of up to 60 satellites through 2020 to provide near-real-time images of the planet …

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Report Names 10 Key Companies in Growing UCaaS Market

TYSONS CORNER, VA, June 17, 2016 — Research and Markets predicts that the unified communications-as-a-service market will post a compound annual growth rate of 11.2 percent through 2022 due to increased investments, ExecutiveBiz reported Thursday. The market research firm said May 26 the rise of business process outsourcing in the banking, financial services, insurance and …

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May 23 Market Close: GovCon Index Slides, US Markets Mixed on Apple Bounce & Rate Hike Chatter

The GovCon Index consistently traded lower for the entirety of Monday trade and closed at a decline of 0.509 points to 77.267 with U.S. financial markets choppy in light of a sharp gain by Apple and speculation among investors about potential interest rate hikes this year. Boeing (NYSE: BA) nudged out …

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May 17 Market Close: GovCon Index Swings Negative on Investor Rate Hike Sentiment

The GovCon Index mirrored losses by U.S. stocks Tuesday with a decline of 0.669 point to 77.421 as investors weighed the prospects of more than one interest rate hike by the Federal Reserve this year. Dennis Lockhart and John Williams, respective Fed presidents for Atlanta and San Francisco, indicated the central bank could move in …

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Steve Rubley Elected Into 2016 Wash100 List for Court System Tech Leadership

Steve Rubley, CEO of Thomson Reuters subsidiary Thomson Reuters Special Services, has been inducted into Executive Mosaic’s Wash100 list of the most influential leaders in GovCon for his contributions in court processes technology. The Wash100 is the premier group of private and public sector leaders selected by Executive Mosaic’s organizational and …

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Tony Frazier Makes 2016 Wash100 List for Leadership With Agency & Open Source Project

Executive Mosaic, Tysons Corner, VA March 16, 2016 — Tony Frazier,  DigitalGlobe senior vice president for government solutions business, has been inducted into Executive Mosaic’s Wash100 list of most influential leaders for his work in open source partnership. The Wash100 is the premier group of private and public sector leaders selected …

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February 11 Market Close: GovCon Index, S&P 500 Fall to 10% YTD Plunges on Growth Fears & Boeing SEC Probe Report

The GovCon Index fell victim to across-the-board selloffs in global financial markets Thursday with a decline of 2.113 percent to 68.747, a figure that puts the Index at a decline of 11.34 percent from the start of the year. Still in a correction, Thursday’s plunge sent the GCI below 70 …

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