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May 7 Market Close: GovCon Index Stays Level, Jobs Report to Loom Over Markets

The GovCon Index ended Thursday’s trading session with a nominal gain of 0.015 points to 73.162 as U.S. stocks recorded slight gains ahead of Friday’s payrolls report. Richard Sichel, chief investment officer at Philadelphia Trust Co…
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QTS to Purchase Cloud Contractor Carpathia for $326M; Peter Weber Comments

Overland Park, Kan.-based data center operator QTS Realty Trust (NYSE: QTS) has agreed to acquire Dulles, Va.-headquartered cloud computing provider Carpathia Hosting for $326 million in an effort to grow both companies’ colocation and managed services market footprints…
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Allan McArtor: Airbus’ US Arm, Nexa Forge Commercial UAS Partnership

Airbus Group Inc. — the European conglomerate’s U.S. subsidiary — has signed a partnership agreement with Nexa Capital Partners to explore strategies to commercialize unmanned aerial systems…
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Karen DeSalvo to Receive HHS Assistant Secretary for Health Nomination

Karen DeSalvo, national coordinator for health information technology at the Department of Health and Human Services, will be nominated by President Barack Obama to the role of assistant secretary for health at HHS on a full-time basis…
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Ashton Carter: Pentagon Needs More Stable Funding

Defense Secretary Ashton Carter has told the Senate’s defense appropriations subcommittee that Pentagon and industry partners need a solid, long-term funding structure to innovate, DoD News reported Wednesday…
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Andrew Strampach Joins Leidos as Global Services BD VP

Andrew Strampach, a former division vice president at Parsons‘ government services business, has joined Leidos (NYSE: LDOS) as VP of business development for the global services group. Leidos said Thursday Strampach will help oversee the company’s business pursuits in the U…
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