Posts from GovConDaily for 05/29/2015

May 29 Market Close: GovCon Index Dips, GDP Data Pushes US Stocks Down

The GovCon Index ended the week with a close in negative territory Friday by 0.453 points to finish at 74.308. As of Monday, Rockwell Collins (NYSE: COL) will take the place formerly held by Exelis on the GovCon Index now that Harris Corp…

Senate Committee Tells DoD to Standardize Drone Pilot Training

Senate Armed Services Committee Chairman John McCain (R-Ariz.) and Ranking Member Jack Reed (D-R.I.) have urged the Defense Department to establish a standardized training program for military unmanned aerial vehicle pilots…

Michael Strianese: L-3 Wraps Up Marine Systems Business Sale

Wartsila Corp. has completed its acquisition of L-3 Communications‘ (NYSE: LLL) Marine Systems International business for approximately $324 million. Michael Strianese, L-3 chairman, president and CEO, said Friday the company aims to reshape its portfolio and focus on core business areas…

Army Kicks Off Flight Test of Northrop C2 Missile Defense System; Dan Verwiel Comments

The U.S. Army has conducted an initial flight test of a Northrop Grumman-built integrated air and missile defense battle command system designed to intercept and destroy ballistic missiles. The IBCS has mission control software that aims to help engagement center operators intercept missile threats, the company said Thursday…

Thermopylae Sciences’ AJ Clark Calls for Cultural Shift in Defense Industry’s IT Acquisitions

A.J. Clark, president of Thermopylae Sciences and Technology, believes that a cultural shift is needed in the defense industry to update its acquisition process for information technologies and stimulate government IT development…

GAO Calls for Improvements in Human Capital Management

The Government Accountability Office has called on the Office of Personnel Management and other federal agencies to make some improvements to the General Schedule classification system and other key areas of human resource management…