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Tag Archives: featured

Gordon Foster, Former Northrop Exec, Named ASRC Federal CFO; Mark Gray Comments

Gordon Foster, formerly chief financial officer and director of business management at Northrop Grumman‘s (NYSE: NOC) civil systems unit, has joined ASRC Federal as CFO. ASRC Federal said Thursday Foster has nearly 20 years of finance and business strategy experience and will oversee the company’s financial performance. “Gordon’s successful track record of integrating finance …

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Accenture Closes Agilex Buy; David Moskovitz Comments

Accenture’s (NYSE: ACN) federal services subsidiary has wrapped up the purchase of Agilex Technologies in a move to grow its analytics, cloud and mobility offerings for federal agency clients. David Moskovitz, Accenture Federal Services CEO, said Thursday the company intends for the acquisition to help “federal clients make the digital transformation …

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March 26 Market Close: GovCon Index Snaps 3-Day Loss Streak, Yemen News Sends Oil Price Up

The GovCon Index  closed in positive territory Thursday for the first time in three days with a nominal gain of 0.280 points to 68.467. News that Saudi Arabia and its Middle East allies started a military operation in Yemen helped drive crude oil futures up 4 percent to $51.43 per barrel, CNBC reported. …

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NASA Issues 84 Awards for $20B Govt-Wide Enterprise IT Vehicle

NASA has awarded 84 contracts under the space agency’s potential 10-year, $20 billion government-wide information technology supplies and services acquisition vehicle. The Solutions for Enterprise-Wide Procurement V program has a five-year base period that covers work between May 1 and April 31, 2020 and a five-year option that would extend work …

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US Navy Awards Data Link Systems Contracts to Three Firms

Computer Sciences Corp. (NYSE: CSC), Odyssey Systems Consulting Group and Tactical Engineering & Analysis Inc. have each won contracts to engineer and configure tactical data link systems for the U.S. Navy. Each company will compete for task orders during the ordering period and each indefinite-delivery/indefinite-delivery contract covers up to five years of work through …

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USAF Taps 10 Small Businesses for $851M Engineering, Acquisition Services IDIQ

The U.S. Air Force has awarded 10 small businesses spots on a three-year,  $851 million indefinite-delivery/indefinite-quantity contract for engineering and technology acquisition support services. The Defense Department said Wednesday the contract covers products, services and support on disciplined systems, specialty engineering and information assurance. Companies that will compete for task orders under the contract include: Abacus …

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Leidos Board Appoints CEO Roger Krone Chairman

Leidos (NYSE: LDOS) CEO Roger Krone officially became chairman of the board of directors on March 20, less than a year after he joined the company from Boeing (NYSE: BA). The board designated Krone as the successor to former Chairman John Jumper, who served as CEO until he retired from that role last year, Leidos …

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SupplyCore Wins $157M for Logistics Work in US Military’s Northwest Region

SupplyCore Inc. has won a potential five-year, $157.5 million contract with the Defense Logistics Agency to maintain, repair and operate the U.S. military’s logistics support program for the northwest region. The contract contains a two-year base period and two 18-month options, the Defense Department said Wednesday. Rockford, Illinois-based SupplyCore will …

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Marci Kaminsky Appointed Chief Comms Officer at Grant Thornton; J. Michael McGuire Comments

Marci Kaminsky, formerly senior vice president of corporate relations at The Allstate Group, has joined Grant Thornton as chief communications officer and will oversee the company’s reputation management and communications strategies. “Marci brings three decades of strategic communications skills to our firm, including Fortune 500 leadership experience in corporate communications, …

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March 25 Market Close: GovCon Index Nosedives After Durable Goods Report Shows Decline

The GovCon Index closed in negative territory for the third consecutive day this week with a loss of 2.271 percent to end up at 68.195. Engility Holdings (NYSE: EGL) and Navistar (NYSE: NAV) were the only Index companies to see their stock prices rise Wednesday. U.S. stock markets largely went into selloff mode after the Commerce Department said durable …

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