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December 17 Market Close: GovCon Index Follows Commodity Markets Downward

The markets closed down today on the heels of weak commodity prices. Precious metals, oil and natural gas all closed down on the day. The GovCon Index market gainers for the day were CACI closing at $99…
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Elbit Systems to Build Infrared Countermeasures Systems for Asia Pacific Customer; Elad Aharonson Comments

Elbit Systems Ltd. has received a two-year, $26.5 million contract to produce multi-spectral infrared countermeasures systems for installation in an Asia Pacific client’s aircraft. The infrared countermeasures system works to protect airliners from man portable air defense systems using a fiber laser-directed infrared countermeasure technology, Elbit said Wednesday
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Congress Allots $573B for Defense, $163B for VA in FY2016

The U.S. Congress has reached an omnibus appropriations deal that allocates $573 billion for defense operations and $163 billion for the Department of Veterans Affairs in fiscal year 2016, Marine Times reported Wednesday
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NATO Inks Defense Cooperation Deal with Ukraine

NATO and Ukraine have inked a roadmap to carry out a number of activities related to defense cooperation. Patrick Auroy, NATO assistant secretary general for defense investment, and Oleg Gladkovskyi, deputy secretary of the National Security and Defense Council of Ukraine, signed the agreement on Wednesday
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Adm. Michael Rogers: NSA to Undergo Reorganization in January

Navy Adm. Michael Rogers, director of the National Security Agency, has said NSA will launch a reorganization of its workforce in January following a 10-month evaluation of the agency’s structure, Government Executive reported Wednesday
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Ashton Carter: Pentagon Seeks New Ways to Expedite Anti-Islamic State Group Campaign

Defense Secretary Ashton Carter has said the Defense Department is in search of new approaches on how to speed up the campaign against the Islamic State militant group, DoD News reported Wednesday. Jim Garamone writes Carter told uniformed personnel at Incirlik Air Base in Turkey that U…
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FCW: Omnibus Bill Includes IT Oversight Exemption Language for Nat’l Labs

Congress unveiled a fiscal 2016 appropriations bill that contains language to exempt Energy Department-funded research centers from a spending oversight requirement stated in the Federal Information Technology Acquisition Reform Act, FCW reportedWednesday
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Trevor Rudolph: OMB, OPM to Release Cyber HR Strategy in April 2016

Trevor Rudolph, chief of cyber and national security unit at the Office of Management and Budget, has said the White House will require federal agencies to identify cybersecurity-related career areas that face talent shortages by Dec…
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