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Tag Archives: featured

December 9 Market Close: GovCon Index Stalls as Concerns Over Greece, China Weigh on Market

The GovCon Index stayed largely flat Tuesday and recorded a tiny increase of 0.112 percent — or 0.079 points — to close a 70.609 on Tuesday in a mixed day across the major stock indices. Investors reacted to China’s decision to limit use of some bonds for loans and Greece’s new …

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SAIC Reports Slight 3Q Revenue, Profit Bumps

Science Applications International Corp. (NYSE: SAI) has reported financial results for the third quarter of the company’s 2015 fiscal year ended Oct. 31, 2014, almost a year after SAIC completed its separation from the company now known as Leidos (NYSE: LDOS). McLean, Virginia-based SAIC officially became an independent company on Sept. 27, 2013 …

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Roger Wiederkehr Appointed Wyle CEO, George Melton to Stay as Chair

Roger Wiederkehr, chief operating officer at Wyle Laboratories for two years, will succeed George Melton as president and CEO of the engineering and scientific services contractor at the end of this year. Wyle said Tuesday Melton, who has held the president and CEO titles for nine years, will continue to serve as …

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Former USPS Official Charles McGann Joins CRGT as Chief Cyber Strategist; Tom Ferrando Comments

Charles McGann, formerly corporate information security officer at the U.S. Postal Service, has been named chief cyber strategist at CRGT and will focus on cybersecurity protection offerings for the federal market. “Chuck’s expertise will guide CRGT’s cyber strategy and assist in providing information assurance expertise to address our client’s mission …

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CenturyLink Buys Disaster Recovery Provider DataGardens

CenturyLink (NYSE: CTL) has acquired DataGardens, a provider of disaster recovery services, for an undisclosed amount in an effort to grow its cloud-based and on-premise offerings, Forbes reported Monday. Ben Kepes writes CenturyLink began to incorporate DataGardens into its cloud products and services in early 2014 and the acquisition wraps up that partnership. DataGardens was established in …

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Lee Aber Named ID.me Security, Risk Management VP

Lee Aber, a former director at cloud software firm Opower, has joined ID.me as vice president of security and risk management at the McLean, Virginia-based digital identity verification services company. The 20-year industry veteran will oversee incident response, security, vulnerability management and compliance programs in his new position, ID.me said …

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Nine Firms to Vie for State Dept’s Architecture, Engineering IDIQ

The State Department has released a shortlist of companies that seek to provide architecture and engineering services for U.S. operations worldwide. The nine companies will proceed to the evaluations stage after they submit additional information to the department’s Bureau of Overseas Buildings Operations, the State Department said Monday. Up to five contractors will be selected …

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Lockheed Promotes Robert Rangel to SVP for Washington Ops; Marillyn Hewson Comments

Robert Rangel, vice president of Lockheed Martin (NYSE: LMT) programs and global security policy, will succeed Greg Dahlberg as the company’s senior vice president for Washington operations effective January 2015. Lockheed said Monday Rangel will lead engagement efforts with Congress, the Defense Department and other Washington-based federal agencies as well …

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Ken Bedingfield to Succeed James Palmer as CFO, Corporate VP

Ken Bedingfield, currently vice president of corporate finance at Northrop Grumman (NYSE: NOC), has been elected by the board of directors to serve as corporate VP and chief financial officer. Bedingfield will assume his new positions following the company’s 2014 annual report and oversee financial planning, accounting, internal audit, treasury, …

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December 8 Market Close: GovCon Index Falls, Crude Oil Prices Drag Market Down

The GovCon Index started the week of Dec. 8 with a decline of 0.761 percent — or 0.533 points — to close at 70.530 on Monday. Crude oil prices fell to below $63 per barrel for the first time in five years and investors reacted to other data that showed a shrinking economy in Japan, …

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