Posts from GovConWire for 10/20/2015

Thales to Buy Data Security Firm Vormetric for $400M; Patrice Caine Comments

Thales has agreed to purchase San Jose, California-based security firm Vormetric for approximately $400 million as the companies seek to further their enterprise data protection initiatives. The transaction is subject to customary closing terms and is scheduled to close in the first quarter of 2016, Thales saidMonday…

Iridium, Furuno Form Satcom Alliance for Japanese Clients; Bryan Hartin Comments

Iridium Communications and Furuno Electric have inked an agreement to offer Iridium’s satellite services to customers in Japan. Furuno Electric will incorporate Iridium Pilot antennas, Iridium GO! smartphone access device, Iridium Extreme handset and the Iridium Short Burst Data service into the company’s satellite communications portfolio, Iridium saidMonday…

Lockheed to Update US Military Airborne Asset Command System; Rob Smith Comments

Lockheed Martin (NYSE: LMT) has been selected to refresh the U.S. military’s battle command system for directing the flight of all airborne assets. Lockheed said Monday the company will update the air tasking order management system requirements for the U…

DOT, FAA Form Industry-Govt Task Force on UAS Registration, Safety

The Transportation Department and Federal Aviation Administration have formed a task force of up to 30 industry and government stakeholders to recommend requirements for the registration and safety of unmanned aircraft systems…

New York Times: Pentagon to Tap Boeing to Build 747-8 as Air Force One Replacement

The Defense Department plans to award Boeing a contract in the next few weeks to replace the current presidential aircraft with a new plane built on a Boeing 747-8 frame, the New York Times reported Sunday…

Reports: 101 GOP Lawmakers Back Obama’s $561B DoD Base Budget Request

Rep. Mike Turner (R-Ohio) leads a group of more than 100 House Republicans who call for Congress to lift the spending caps and put $561 billion in base funding for the Defense Department, The Hill reported Monday…

Sudeep Dharan Joins Acendre as CTO; Mike Giuffrida Comments

Sudeep Dharan, formerly senior vice president of product development at Razorsight, has joined cloud-based talent management software provider Acendre as chief technology officer. He will oversee the development and implementation of Acendre’s technology goals and product roadmap, Acendre saidMonday…

October 19 Market Close: GovCon Index Trades in Narrow Range as Earnings Season

The GovCon Index mirrored a narrow day of trading activity in U.S. markets Monday as it closed at a nominal gain of 0.049 points to 73.293. Large defense contractors in the Index are scheduled to report their third quarter earnings this week with Lockheed Martin (NYSE: LMT) set for Tuesday morning, Boeing (NYSE: BA) for Wednesday morning and Raytheon (NYSE: RTN) forThursday morning…