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Tag Archives: govcon

In-Q-Tel Enters Investment Deal With Primer in Push for AI-Based Data Analysis

TYSONS CORNER, VA, Oct. 26, 2017 — In-Q-Tel has invested in artificial intelligence company Primer in efforts to deliver AI technologies that will work to support analysts in the government, financial and retail sectors, ExecutiveBiz reported Wednesday. IQT said Tuesday the strategic investment agreement aims to utilize Primer’s machine learning systems for processing …

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30-Year Seagate Vet Patrick O’Malley Joins Avaya as SVP, CFO

Patrick O’Malley, a three-decade veteran and former chief financial officer of Seagate Technology (Nasdaq: STX), has joined Avaya as senior vice president and CFO. He will oversee Avaya’s financial operations that include the controller’s organization as well as  investor relations, tax, treasury and financial planning functions, the company said Wednesday. Avaya President …

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Matt Donovan: USAF to Spend $2B Bomber Fund Request on Software Devt, Recruitment

Matt Donovan, Air Force undersecretary, has said the service’s $2 billion funding request for the B-21 bomber aircraft program for fiscal year 2018 would be spent on software development and staffing efforts at Northrop Grumman (NYSE: NOC), Bloomberg Technology reported Wednesday. The military branch will also allocate part of the …

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Lockheed Gets $131M Follow-On Contract for Paveway II Bomb Kit Production

Lockheed Martin (NYSE: LMT) has received a $131 million follow-on contract to continue to manufacture laser guided bomb kits for the U.S. Air Force. The company said Wednesday it will supply Paveway II Plus LGB kits for the ninth consecutive year to USAF and the contract includes funds meant to address …

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Reports: Northrop Ends Navy Stingray Tanker Drone Contract Pursuit

Northrop Grumman (NYSE: NOC) has decided to drop the company’s pursuit of the U.S. Navy’s carrier-based unmanned aerial refueling tanker program, Defense News reported Wednesday. The contractor’s decision came two weeks after the service issued the final request for proposals for the MQ-25A Stingray program. “Winning is great… but if you can’t …

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October 25th Market Close: GovConIndex and Major Indices Close Down

The Executive Mosaic GovCon Index (GCI) closed down for the third consecutive day to end at 109.566 off 0.129 percent with declining shares outpacing advancing 18 to 12. The three major indices all declined for the day as investors respond to less than positive earnings reports and uncertainty about the potential passing of the …

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EY, Partner to Advance Robotic Process Automation for Client Business Transformation

TYSONS CORNER, VA, Oct. 25, 2017 — EY will work to build robotic process automation capabilities for customer organizations in partnership with UiPath, ExecutiveBiz reported Tuesday. The collaboration involves the award of licensing to EY for UiPath’s RPA and intelligent automation software to help clients utilize robot-aware digital technologies in efforts to boost and …

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L3 Unit to Provide Laser Rangefinders for Raytheon’s Multi-Spectral Targeting System

TYSONS CORNER, VA, Oct. 25, 2017 — An L3 Technologies (NYSE: LLL) business unit will supply laser rangefinders for the Raytheon-built (NYSE: RTN) Multi-Spectral Targeting System aboard U.S. Navy aircraft under a potential $5.1 million contract, ExecutiveBiz reported Tuesday. L3 Advanced Laser Systems Technology will both provide and repair the rangefinders that are designed …

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Unisys to Support Cloud Migration of Nuclear Regulatory Commission Computing, Apps

TYSONS CORNER, VA, Oct. 25, 2017 — Unisys (NYSE: UIS) will assist the Nuclear Regulatory Commission in the migration of computing operations and applications to the cloud under a new task order from the Interior Department, ExecutiveBiz reported Tuesday. The company said Monday it will utilize its experience in government cloud …

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LMI Secures USMC Contract Modification for Work Under Infrastructure Reset Strategy

TYSONS CORNER, VA, Oct. 25, 2017 — LMI will provide facility planning, geospatial information support and data management services as part of the U.S. Marine Corps‘ Infrastructure Reset Strategy under a potential $46 million contract modification, ExecutiveBiz reported Tuesday. The company said Monday work at several Marine Corps bases under the contract modification could extend …

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