Anne Rung, administrator of the Office of Management and Budget™s Office of Federal Procurement Policy, will step down from her position by the end of September after two years on the job, Federal News Radio reported Friday. Jason Miller writes Rung will serve as head of Amazon Business (Nasdaq: AMZN) and will be responsible for...
Executive Mosaic’s GovCon Index held negative Friday to end at a weekly decline as U.S. stock markets extended the current stretch of sharp swings between gains and losses as the Federal Reserve‘s next two-day meeting looms for Tuesday and Wednesday. Decliners outnumbered advancers 9-to-1 and all of the GovCon Index’s S&P ...
TYSONS CORNER, VA, Sept. 16, 2016 ” Lockheed Martin (NYSE: LMT) has found an issue with a component of the U.S. Air Force‘s GPS III satellites and has postponed the first satellite delivery by four months in an effort to address the matter, ExecutiveBiz reported Thursday. Space News reported Wednesday that the company ...
TYSONS CORNER, VA, Sept. 16, 2016 ” CyrusOne (Nasdaq: CONE) has moved to expand its colocation infrastructure with a new 23-acre property in Aurora, Illinois, that it aims to develop into a facility to operate alongside an existing data center, ExecutiveBiz reported Thursday. The company said Thursday the future c...
Boeing (NYSE: BA) has raised concerns about a decision of Denmark to choose the Lockheed Martin-built (NYSE: LMT) F-35 over the former’s F/A-18 to serve as the next fighter aircraft platform for the Danish military, the Wall Street Journal reported Thursday. Robert Wall and Doug Cameron write that Denmark’s defense ministry sa...
The GovCon Index rallied Thursday to extend its current stretch of volatility into a fifth straight session as large primes and S&P 500-listed contractors led advancers in conjunction with gains in the larger U.S. stock market on economic data traders view as a factor against a September interest rate hike. The GovCon Index has ad...
TYSONS CORNER, VA, Sept. 15, 2016 ” Hughes Network Systems and Airbus‘ defense and space segment have expanded their partnership to offer the HM System satellite networking technology and Skynet satellite communications service in the defense market, ExecutiveBiz said Wednesday. The companies aim to help global military customer...
David Clark, vice president of business operations at SC3, has been promoted to chief financial officer at the Alexandria, Virginia-based federal technology and consulting services contractor. Clark will oversee SC3™s financial and corporate functions in the areas of procurement, accounting, pricing, financial analysis and contracts, the c...
TYSONS CORNER, VA, Sept. 15, 2016 ” The Defense Information Systems Agency has issued a Security Technical Implementation Guide for VMware‘s (NYSE: VMW) NSX software-defined networking system to validate its compliance with Defense Department cybersecurity policies, standards, architectures, security controls and valid...
Accenture™s federal services business has hired Gus Hunt, formerly chief architect for hedge fund company Bridgewater Associates, to lead the company™s federal cybersecurity practice. Hunt, who has also served as chief technology officer of CIA, will be in charge of Accenture’s portfolio of cyber hunting, incident resp...
