Posts from GovConDaily for 12/11/2014

December 11 Market Close: GovCon Index Rebounds, Retail Sales Report Drives Stocks Up

The GovCon Index regained some ground Thursday with an increase of 0.379 percent — or 0.264 points — to close at 69.478. Stocks recovered some losses from the week after the release of data on an increase in consumer spending during the month of November and a report that indicates fewer Americans applied for first-time jobless benefits that month last week, according to the Wall Street Journal…

Steven Shugart on GardaWorld’s US Gov’t Market Aims, the Global Security Sector’s Future

Steven Shugart joined GardaWorld Government Services — a U.S.-based subsidiary of global security services contractor GardaWorld — in October of this year as president. Shugart’s GovCon career includes time at DynCorp International, where his roles included senior vice president of business development, VP of operations at International RAM Associates and 10 years in law enforcement…

Mike Petters: Huntington Ingalls Eyes Energy Sector

Mike Petters, CEO of Huntington Ingalls Industries, identified the energy market as a potential area of growth for the shipbuilding giant in an address to the Atlantic Council, Reuters reported Wednesday…

Visiongain: Military Electro-Optical IR Systems Market Hit $8B in 2014

Visiongain has released a new report that indicates the military electro-optical infrared systems market reached $8.38 billion in 2014. The report also predicts an increase in demand for military EO/IR systems through 2024, with North America and Europe slated to lead the market in technology and research and development, Reportlinker said Wednesday…

Transparency Market Research: Global Military Radar Market to Reach $8.4B in 2019

Transparency Market Research has released a report that predicts the global military radar market will reach $8.44 billion in worth in 2019. The increase represents a 2.9 percent compound annual growth rate from the $6…

Airbus EVP Domingo Urena Raso: Industry Collaboration, Public-Private Cooperation Could Advance Cybersecurity

Domingo Urena Raso, executive vice president for military aircraft at Airbus Defense and Space, has indicated how industry has started to come together and collectively look at new ways to defend intellectual property against cyber threats, Defense News reported Monday…

Rob Smith: Lockheed Updates Missile Defense Integration, Ops Center for Tests

Lockheed Martin has updated a command and control system for the Missile Defense Agency to evaluate at MDA’s missile defense integration and operations center. The Command Control, Battle Management and Communications System is designed to help commanders view missile threats, Lockheed said Wednesday…