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January 20 Market Close: GovCon Index Holds Up, Investors Await Euro Bank Move

The GovCon Index recorded a 50-50 split of gainers and laggersTuesday to reach a nominal gain of 0.237 points — or 0.170 percent — to close at 71.291. A reduction in the International Monetary Fund’s worldwide growth forecasts for 2015 and 2016 was balanced by technology sector gains willingness among investors to hold back from more aggressive moves until the European Central Bank’s meeting Thursday, according to the Wall Street Journal…
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Michael Isman on Booz Allen’s Management Consulting Community, IT Shifts in Gov’t

Michael Isman oversees strategic consulting services for many of Booz Allen Hamilton’s federal customers in his vice president role at the firm. Isman last spoke to ExecutiveBiz in March 2013 to discuss Booz Allen’s strategic technology and innovation center of excellence and trends in information technology transformation…
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Lockheed, Navy to Launch MUOS Satellite; Iris Bombelyn Comments

Lockheed Martin and the U.S. Navy are set to launch the third Mobile User Objective System satellite on Tuesday from the Cape Canaveral Air Force Station in Florida. The satellite system will take off on board a United Launch Alliance Atlas V rocket, Lockheed said Monday
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Stu Fleagle: DISA to ‘Piecemeal’ Security Restriction Rollback

The Defense Information Systems Agency has eased security restrictions on certain data classes in order to shorten the period of cloud services procurements, Federal Times reportedMonday. Gregory Garcia, executive director of the Army Information Technology Agency, expects Defense Department to migrate its applications to the cloud five years from now, Aaron Boyd reports…
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Deborah Lee James: Air Force to Renew Base Closure, Aircraft Retirement Campaigns

The U.S. Air Force will ask the new Congress for authority to shed excess infrastructure and divest aging aircraft in its fiscal 2016 budget request, Federal News Radio reported Monday. Jared Serbu writes Air Force Secretary Deborah Lee James told reporters last week that the branch wants to free up funds for its older fleets in order to reinvest in manpower, readiness and modernization programs…
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