Posts from GovConDaily for 01/08/2015

January 8 Market Close: GovCon Index Jumps 1.7%, Investors Await Payroll Report

The GovCon Index continued to recover lost ground from its most recent stretch of losses with a gain of 1.744 percent — or 1.265 points — to close at 71.301 on Thursday. U.S. stocks recorded gains across the board as investors reacted to comments from Charles Evans, president of the Federal Reserve Bank in Chicago, who said he would not recommend an interest rate hike until 2016, the Wall Street Journal reported…

Peter Smith: American Systems Not ‘To a Place’ for IPO, Eyes Health IT Market

American Systems CEO Peter Smith has not closed the doors on the 100-percent employee-owned company going public but said current conditions are not yet ripe for a stock market launch, the Washington Business Journal reportedWednesday…

PMC, Oceus, Fujitsu to Build NJ First Responder Net; Randy Fuerst on Broadband Tech

Oceus Networks, PMC Associates and Fujitsu‘s network communications business have partnered to build New Jersey’s 4G LTE broadband network for first responders — called JerseyNet — to facilitate public safety communications during emergencies, disasters and similar incidents…

Day & Zimmermann Takes Full Ownership of Security Firm SOC; Hal Yoh Comments

Day & Zimmermann has acquired the remaining stake in security technology and infrastructure services company SOC for an undisclosed amount. Steve Selfridge, a 30-year public and private sector veteran, will lead SOC as president, D&Z said Tuesday…

BAE’s Scott McVicar: Companies Seek to Boost Cyber Measures Against New Tactics

BAE Systems predicts that 2015 will see developments in technology, regulation and other cybersecurity aspects as cyber threats continue to evolve and impact efforts to combat digital crime. The company said Wednesday that Scott McVicar, managing director for cybersecurity at BAE’s applied intelligence unit, noted that cyber crime will use fragmentation and deception tools to challenge investigation and detection…

Xerox’s Chuck Brooks: Preparation, Commitment Key for Govt-Industry Cyber Partnerships

A new level of public-private collaboration is needed to implement data sharing, incident response and detection strategies to prevent future cyber attacks, Xerox executive Chuck Brooks writes in a Federal Times opinion piece published Tuesday…

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