Posts from GovCon Daily for 3/2/2015

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March 2 Market Close: GovCon Index Rises 1%, NASDAQ Breaks 5K Mark

The GovCon Index closed up on the first day of trading in March with a gain of 0.77 points — or 1.083 percent — to close at 70.385. U.S. stocks rose and the NASDAQ composite index closed above the 5,000-point barrier for the first time since March 9 and 10 in 2010 on a day that saw traders react to data on gains in U…
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Deborah Lee James: Air Force Seeks $10B Boost for Personnel, Modernization, Stewardship Programs

U.S. Air Force Secretary Deborah Lee James has told the House Appropriations Committee’s defense panel that the service faces challenges in its goals to meet global demand and combatant commander requirements, DoD News reported Friday…
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BAE Gets DoD Approval to Export IR Countermeasures System; Bill Staib Comments

BAE Systems‘ U.S. subsidiary has received the Defense Department‘s approval to export its Advanced Threat Infrared Countermeasures system to U.S. allies. The company said Monday the system, which was jointly developed by U…
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Terry Halvorsen: DoD Continues Work on JRSS, Cyber, Cloud

Defense Department Acting CIO Terry Halvorsen outlined his information technology priorities for the department during a Feb. 25 hearing with the House Armed Services Committee’s emerging threats and capabilities subcommittee, DoD News reported Thursday…
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Engility’s Tony Smeraglinolo: Customer-Focused Approach Key in Pursuit of Federal Programs

Engility Holdings aims to step up pursuit of federal government contracts with its acquisition of TASC, the Washington Post reported Sunday. “We now have the gravitas to go after any bid,” Tony Smeraglinolo, Engility CEO and an inductee into Executive Mosaic’s Wash100 list for 2015, told The Post…
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STRATCOM Chief Adm. Cecil Haney Urges Investment in Long-Range Stealth Bomber

U.S. Navy Adm. Cecil Haney, commander of U.S. Strategic Command, has told a House Armed Services Committee hearing that the Air Force needs to replace the ageing B-2 and the B-52 aircraft with new aircraft, the Air Force Times reported Thursday…
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