Posts from GovConDaily for 05/04/2015

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May 4 Market Close: GovCon Index Extends Rebound as Europe, China Gains Lift US Stocks

The GovCon Index closed in positive territory for the second consecutive day Tuesday with a gain of 0.263 to close at 74.324. Gains in European and Chinese markets helped U.S. stocks to a second straight day of gains and eight out of 10 sectors in the S&P 500 composite index ended the day in positive territory, according to the Wall Street Journal…
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GAO: Pentagon Competed 58% of FY 2014 Contracts, Task Orders

A new Government Accountability Office report says the Defense Department used competitive procedures for 58.2 percent of the $284.4 billion the Pentagon obligated for contracts and task orders in fiscal year 2014…
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BAE Awarded $434M to Produce Army Night Vision, Targeting Systems

BAE Systems has been awarded a potential five-year, $434 million contract to integrate night vision and thermal targeting technology into head-worn goggles for the U.S. Army. The contract has a $35 million initial value and was awarded through the military branch’s Enhanced Night Vision Goggle III and Family of Weapon Sight-Individual program, BAE said Monday…
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Cisco’s Steve Steinhiber: Internet of Things Can Increase Multipartner Deals, Close Skills Gap

Cisco executive Steve Steinhiber has said business opportunities in the Internet of Things are creating new partner types and changing current channel partners for the company, IT World Canada News reported Friday…
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Bruce Caswell: Maximus Aims to Help States Manage Medicaid Programs with DecisionPoint Tool

Maximus has developed a pharmacy benefits management platform designed to help state governments manage Medicaid prescription drug programs and comply with Affordable Care Act. DecisionPoint is comprised of tools for state Medicaid administrators to monitor PBM requirements, benefits and beneficiaries, prescriber populations, member pharmacies and prior authorizations, Maximus said Monday…
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Engility, Vencore Among 2015 Corporate Growth Awards Winners for Washington M&A Deals

Engility, Vencore, Maximus and Raytheon are among the 2015 winners of ACG National Capital‘s annual Corporate Growth Awards for mergers and acquisitions and other strategic corporate deals for companies with a presence in the Washington metropolitan area…
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