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May 21 Market Close: GovCon Index Dips, US Stocks Rise on Uneven Economic Reports

The GovCon Index closed with an even mix of gainers and laggers for Thursday’s trading session to record a loss of 0.149 points and close at 75.394. Major U.S. stock indices closed up Thursdayafter positive earnings reports from Salesforce and Best Buy and gains in energy shares offset economic reports that showed purchases of previously-owned homes declined in April and contract closings fell 3…
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ITU Takes Iridium Satellite Phone Donation for Emergency Communications; Matt Desch Comments

Iridium Communications has donated 25 satellite phones and batteries to the International Telecommunication Union as part of efforts to increase the organization’s emergency communications capacity for disaster response and recovery activities…
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Leidos, Exelis Continue Work on DARPA’s Counter-Radar Program; Mitch Friedman Comments

Exelis will continue to provide technology development support to Leidos for the second phase of the Defense Advanced Research Projects Agency‘s Adaptive Radar Countermeasures program as part of a potential $15…
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IDC: Digital Signage to Drive ‘Internet of Things’ Market

International Data Corp. has projected the global Internet of Things market to grow 19 percent in 2015 and highlighted the digital signage area as a trend to watch in IoT. IDC saidTuesday the forecast indicates an increase of IoT applications in consumer, retail, healthcare, government, manufacturing, transportation and other industries…
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Rick Holgate: Gov’t-Industry Dialogue Evolved After 2013 Sequestration, Shutdown

Rick Holgate, outgoing president of the American Council of Technology, believes dialogue between government and industry has evolved beyond fiscal year 2013’s sequestration and government shutdown events, Federal News Radio reportedTuesday…
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USSOCOM’s Matt Atkins: ISR Sensor Demand Poised to Grow

The U.S. Special Operations Command has developed an intelligence, surveillance and reconnaissance roadmap as part of efforts to improve how the command gathers, transmits and exploits sensor data, Defense News reported Wednesday…
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By Ross Wilkers