Posts from GovCon Daily for 04/23/2015

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April 23 Market Close: GovCon Index Stalls, Earnings Drive US Stocks Up

The GovCon Index dipped into negative territory Thursday to close down 0.103 points at 76.139. Investors reacted positively to financial reports from blue chip technology stocks such as IBM (NYSE: IBM) and Caterpillar (NYSE: CAT) after stocks traded lower in the morning session, according to CNBC…
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Heidi Shyu, Sean Stackley, William LaPlante Testify on Defense Acquisition Reform

Top acquisition officials from U.S. Air Force, Army and Navy have testified before a Senate panel on efforts to reform the military’s processes and drive effectivity and responsiveness to needs, DoD News reported Thursday…
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Chris Alexander on Parsons’ Cyber Market Push and Info Sharing’s Place in Network Security

Chris Alexander oversees Parsons’ efforts to pursue potential opportunities in the public sector market as senior vice president and director of global business development for the company’s government services segment…
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Mackenzie Eaglen: Bipartisan Budget Deal Could Offer ‘Modest’ 2016 Defense Funding Boost

The Defense Department can expect approximately $510 billion in fiscal 2016 base spending if Congress adopts a follow-on version of the 2013 Ryan-Murray budget deal, according to Mackenzie Eaglen, defense analyst at the American Enterprise Institute…
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Edward Sayadian: Exelis Releases UAV ‘Sense and Avoid’ Alerting Tech

Exelis has unveiled an airspace technology for U.S. unmanned aerial system and test range operators to monitor UAS flights from multiple locations. The Symphony RangeVue system is designed to help users access drone surveillance data through a web hosting service and alert them when a drone approaches boundary or another aircraft enters a UAS vicinity…
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Treasury’s Elaine Buckberg: Risk, Profit Sharing Key to Public-Private Infrastructure Investments

Elaine Buckberg, deputy assistant secretary for policy coordination at the Treasury Department, has highlighted the government’s work to build up public-private partnerships in infrastructure investments in order to drive U…
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