Posts from GovConWire for 03/26/2015

US Navy Awards Data Link Systems Contracts to Three Firms

Computer Sciences Corp. (NYSE: CSC), Odyssey Systems Consulting Group and Tactical Engineering & Analysis Inc. have won multiple award contracts worth $17,844,438, $16,023,035 and $19,651,998, respectively, to engineer and configure the U…

USAF Taps 10 Small Businesses for Engineering, Tech Acquisition Support

The U.S. Air Force has awarded 10 small businesses spots on an $851 million indefinite-delivery/indefinite-quantity contract to provide engineering and technology acquisition support services through March 26, 2018…

Leidos Board Appoints CEO Roger Krone to Chairman to Consolidate Roles

Leidos (NYSE: LDOS) CEO Roger Krone has taken the additional role of chairman of the board of directors beginning March 20, less than a year after he joined the company from Boeing (NYSE: BA). The board designated Krone as the successor to former Chairman John Jumper, who also previously served as CEO before he retired from that role last year, Leidos said Wednesday…

SupplyCore to Repair, Maintain Logistics Support for US Military’s Northwest Region

SupplyCore Inc. has won a $157.5 million contract with the Defense Logistics Agency to maintain, repair and operate the U.S. military’s logistics support program for the northwest region. The contract contains a two-year base period and two 18-month options, the Defense Department said Wednesday…

House Approves $3.8T Budget Blueprint

The U.S. House voted 228-199 Wednesday to pass a fiscal 2016 budget plan that includes an extra $20 billion for overseas contingency operations spending, the New York Times reportedThursday. Jonathan Weisman writes the Republican-crafted budget would increase the OCO funding allocation to $96 billion without a requirement to offset the proposed $20 billion increase through cuts in other programs…

March 25 Market Close: GovCon Index Nosedives After Durable Goods Report Shows Decline

The GovCon Index closed in negative territory for the third consecutive day this week with a loss of 2.271 percent to end up at 68.195. Engility Holdings (NYSE: EGL) and Navistar (NYSE: NAV) were the only Index companies to see their stock prices riseWednesday…