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December 12 Market Close: GovCon Index Ends Week With Steep Slide

The GovCon Index erased two days of gains to end the week as it declined 2.414 percent — or 1.600 points — to close at 67.878 Friday. All companies in the index recorded losses. A report that showed a slowdown in Chinese factory production weighed on markets around the world and oil shares continued to fall as the price of crude oil-per-barrel on the New York Mercantile exchange slid to its lowest figure in five years, according to Bloomberg…
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Bill Sullivan on Informatica’s NA Public Sector ‘Building Out,’ Cloud Tech’s Role in Storage

Bill Sullivan leads Informatica‘s public sector business in North America as vice president and general manager. Sullivan’s more than two-decade career includes stops at Lockheed Martin, where he led that company’s Savi Technology business, and a VP and GM role for North American state and local markets at PeopleSoft, which was acquired by Oracle…
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Vince Menzione: SADA Systems to Offer Microsoft Cloud Support Services in Govt Market

Microsoft has partnered with SADA Systems to provide technology consulting and implementation services to government customers of Microsoft’s cloud computing platforms. SADA Systems showcased its offerings for the public sector during the Microsoft One Government Cloud Summit in Washington, SADA Systems said Thursday
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IDC Predicts IoT, Cloud, Big Data Roles for World’s Governments in 2015

International Data Corporation has revealed its 2015 predictions for the world’s governments based on the results of its FutureScape survey on the industry. The market analyst, which launched the forecast report at a recent web conference, saidThursday that public sector communities in many regions may be on the verge of an important change, and highlighted technology’s role in their transformation…
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Lockheed Opens MUOS Terminal Development, Certification Hub; Glenn Ladue Comments

Lockheed Martin has opened a new development and certification facility for developers to test the Mobile User Objective System’s radio terminal applications. The 3,400-square-foot Test Radio Access Facility is located at Lockheed’s Sunnyvale, California-based campus, Lockheed said Friday…
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John Zangardi to Emphasize IT Acquisition Oversight as Navy’s Acting CIO

John Zangardi, acting Department of the Navy chief information officer, plans to review the agency’s information technology acquisition policies and strategies with an eye toward streamlining the process…
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