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Raytheon Posts 3Q Profit Decline on Websense Costs, Boosts Full-Year Revenue Guidance

Raytheon (NYSE: RTN) — one of 30 companies listed on Executive Mosaic’s GovCon Index — has reported third quarter earnings of $1.47 per share, a 10.9 percent decline from the same period in 2014 and 4 cents above Wall Street expectations…
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NCI Lands $211M Army Systems Engineering, Logistics Contract; Brian Clark Comments

NCI Inc. (Nasdaq: NCIT) has been awarded a five-year, $211 million contract to perform systems engineering and logistics services for the U.S. Army’s Program Executive Office Soldier headquarters. The company will extend its work in support of the PEO Soldier headquarters and project management offices’ efforts to equip U…
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Anne Rung, Tony Scott, Howard Shelanski: OMB Proposes Changes to Federal Info Mgmt Policy

The Office of Management and Budget has proposed changes to a federal guidance that details policies on how federal agencies can manage and protect information resources as well as promote use of electronic transactions…
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SAIC, Adacel Partner to Support FAA’s Controller Training Program

Science Applications International Corp. has partnered with Adacel to provide training services at 23 U.S. Federal Aviation Administration-run air traffic control centers under a potential five-year, $727 million contract SAIC holds with the FAA…
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Trend Micro Buys HP TippingPoint for $300M; Eva Chen Comments

Trend Micro International has acquired Hewlett-Packard’s TippingPoint business for nearly $300 million in a move to help customers address sophisticated attacks. The acquisition deal covers TippingPoint’s security technology, intellectual property, Digital Vaccine LABS threat insight and its enterprise customer base, Trend Micro said Wednesday…
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Energy Dept to Back MIT’s Critical Infrastructure Cybersecurity Research Efforts

The Massachusetts Institute of Technology’s Sloan School of Management has secured $3.5 million in Energy Department funds to help develop tools for the cybersecurity of U.S. electric power grids and oil and natural gas installations…
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Small Business LI2 Lands Contract for Admin Support at NASA Armstrong

Texas-based small business Logical Innovations Inc. will provide technical and administrative support to NASA‘s Armstrong Flight Research Center in California under a potential five-year, $26…
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Former DoD Secretary Robert Gates Testifies on 2016 Defense Authorization Bill

Robert Gates, a former U.S. defense secretary, has told the Senate Armed Services Committee that he believes Congress should not rely on war funds to circumvent defense spending limits for fiscal 2016, The Hill newspaper reported Wednesday…
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