Posts from GovCon Daily for 04/10/2015

April 10 Market Close: GovCon Index Moves Up, GE Restructure News Drives US Gains

The GovCon Index ended the week with a gain of 0.173 points to close at 69.436. U.S. markets traded in positive territory after General Electric (NYSE: GE) said it would exit most of its lending business and announced it would repurchase up to $50 bilion of its stock, Bloomberg reported…
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Deltek: Obama’s Budget Package Shows Support for Higher Contract Spending

A new Deltek report says that President Barack Obama’s proposed fiscal 2016 budget reflects the administration’s efforts to increase spending on priority programs across the government. The company has estimated that overall contractor-addressable spending will grow 2 percent to $660 billion in FY 2016 if Congress approves the budget plan, Deltek said Wednesday…
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Bluestone Capital Partners: Defense Sector to Start Recovery in 2015

A new report by Bluestone Capital Partners indicates an improving market performance for the defense industry in 2015 after almost five years of being outperformed by the aerospace industry. The company said that businesses in the aerospace and defense sector with significant defense exposure have achieved a median trading multiple of at least 10-times earnings before interest, taxes, depreciation and amortization this year compared to the previous five years…
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Robert Work: Future Conflicts to Be ‘Informationalized,’ Tech-Driven

Deputy Defense Secretary Robert Work has the future of war will involve a cross-domain and multidimensional “informationalized” effort driven by advanced technologiesin areas such as cyber, electronic warfare and precision-guided weapons…
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Hitachi’s Liz Heiston: Agencies Must Consider Automation, System Mgmt to Drive Cloud Migration

Liz Heiston, national account manager at Hitachi Data Systems Federal, said that agencies using the Federal Risk and Authorization Management Program should consider applying system management and automation tools to manage cloud migration efforts…
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James Jones: Iran Nuclear Deal May Escalate Middle East Cyber War

Some U.S. national security analysts have forecast that an international agreement to stop Iran’s nuclear development program will heighten cyber threats against U.S.’ Middle East allies, the Christian Science Monitor reported Thursday…
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