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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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Andrew Sullivan, Marty Fischer Take Director Roles at Intelligent Decisions; Rhett Butler Comments

Andrew Sullivan and Marty Fischer have joined Intelligent Decisions in director roles as the company aims to bring new technologies to the government market. Sullivan will lead sales to the Defense Department and Fischer will serve as director of federal enterprise solutions, ID said Tuesday. Rhett Butler, vice president of sales, said Sullivan …

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Larry Silver to Head DMI Federal Mobility Business Development; Jay Sunny Bajaj Comments

Larry Silver, formerly director of U.S. government sales at BlackBerry, has joined DMI as vice president of business development for federal mobility. Silver will work to oversee DMI’s mobile enterprise services for public sector clients, develop integration strategies and advise government partners on managing mobility infrastructures, the company said Thursday. Jay …

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Ben Fathi Named VMware CTO; Pat Gelsinger Comments

Ben Fathi, formerly senior vice president for research and development at VMware (NYSE: VMW), has been appointed to the role of chief technology officer. Fathi will report directly to CEO Pat Gelsinger and be responsible for the company’s product development and programs, academic partnerships and R&D community, VMware said Wednesday. Gelsinger …

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Rakesh Narasimhan Named Citrix Desktop Virtualization VP, GM

Rakesh Narasimhan has been appointed as the group vice president and general manager of Citrix‘s desktop virtualization business. The 25-year industry veteran Narasimhan will be responsible for helping the business strategize its approach and oversee products such as Citrix XenDesktop and Citrix XenApp, the company announced Monday. Narasimhan joins Citrix from …

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Amit Mital Joins Symantec as Chief Technology Officer; Steve Bennett Comments

Amit Mital, formerly corporate vice president for Microsoft’s (NASDAQ: MSFT) startup business group, has joined Symantec Corp. (NASDAQ: SYMC) as chief technology officer. Mital will report directly to CEO Steve Bennett with responsibility in Symantec’s technology strategy focusing on research and product development, Symantec said Wednesday. He will succeed Steve …

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