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April 24 Market Close: GovCon Index Dips, Tech Earnings News Lifts US Stocks

The GovCon Index fell for the second consecutive day Friday to close down 0.238 points at 75.901 and end the week with a 1.16 percent gain from the previous five-day trading period. Corporate financial reports from Microsoft (NASDAQ: MSFT), Google (NASDAQ: GOOG) and Amazon.com (NASDAQ: AMZN) helped send U.S. markets into nominal positive territory despite continued concern …

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EMC Buys Encryption Provider CloudLink; Chad Sakac Comments

EMC (NYSE: EMC) has bought security provider CloudLink for an undisclosed amount in a move to address data security requirements of clients, CRN reported Friday. Matt Brown writes Ottawa, Canada-based CloudLink will form part of EMC’s federation enterprise hybrid cloud and continue its membership in the Microsoft Azure ecosystem. Chad …

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Potomac Officers Club Talks Information Security, Public-Private Collaborations at 2015 Cyber Summit

The state of federal cybersecurity, policies and programs either currently in place or under development and potential points of collaboration for government and business in computer network defense were the key points of discussion at the Potomac Officers Club‘s “2015 Cyber Summit” Thursday in McLean, Va. More than 200 executives from …

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Wes Anderson Chosen to Wash100 for Global IT Leadership

Executive Mosaic, Tysons Corner, VA March 13, 2015 – Wes Anderson, vice president of worldwide public sector services at Microsoft, has been elected into Executive Mosaic’s Wash100 list of the most influential leaders in GovCon for his global leadership in the information technology sector. The Wash100 is the premier group of …

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January 27 Market Close: GovCon Index Sinks 1%, Durable Goods Orders Fall in December

The GovCon Index reflected a sell-off in U.S. stock markets to record a decline of 1.301 percent — or 0.918 points — to close at 75.529. Orbital Sciences (NYSE: ORB) — the index’s largest gainer for the day — saw its stock price jump 2.36 percent to 30.32 per share after it said its merger with …

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Tarik Reyes Appointed Business Development VP for Northrop’s Integrated AMD Org

Tarik Reyes, a group director at Northrop Grumman‘s (NYSE: NOC) information systems sector, has been promoted to vice president of business development for the organization’s integrated air and missile defense division. The appointment takes effect immediately and he will oversee pipeline development, customer engagement and growth strategies for IAMD product offerings …

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Cryptzone Buys HiSoftware, Kurt Mueffelmann to Lead Combined Firm

Cryptzone has bought compliance and security provider HiSoftware Inc. for an undisclosed amount in a move to grow security offerings for data stored in cloud computing platforms, mobile devices and data centers. Kurt Mueffelmann,  HiSoftware’s CEO, will serve as chief executive at the combined company,   Cryptzone said Friday. “Through this acquisition, we believe …

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Patrick Gallagher: Advisory Panel to Review NIST’s Cryptographic Guidance

The National Institute of Standards and Technology has formed a new advisory committee to review the agency’s cryptographic guidance, Fedscoop reported Wednesday. Billy Mitchell writes the committee includes Vint Cerf of Google (NASDAQ: GOOG), Steve Lipner of Microsoft (NASDAQ: MSFT), Ellen Richey of Visa (NASDAQ: V) and Ron Rivest of the Massachusetts …

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Langley Proctor Named Savage IO Sales Team Director

Langley Proctor, formerly director of business development and sales at Cisco Systems (NASDAQ: CSCO), has joined Savage IO as sales director for the data center technology provider. The two-decade industry veteran aims to help the company grow its converged enterprise storage portfolio and partnerships with software application vendors, Savage IO …

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