L-3 Gets $216M Modification on Aircraft Logistics Support Contract With US Army The U.S. Army has awarded L-3 Communications (NYSE: LLL) a 12-month, $216.4 million contract modification to continue to provide aircraft logistics support services to the military branch. L-3 will perform the task in Madison, Mississippi and is scheduled to finish work by July 31 next year, the Defense Department said Tuesday…

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12 Firms Receive $88M in Contract Modifications Under NETCENTS-2 Application Services Vehicle The U.S. Air Force has awarded contract modifications worth a combined $88 million to 12 companies to provide information technology application services through the service branch’s Network-Centric Solutions-2 vehicle…

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Raytheon Missile Defense Support Modification Increases Contract Value to $1B Raytheon (NYSE: RTN) has received a $132.4 million modification from the Missile Defense Agency that raises the potential ceiling value of a previously awarded contract for software maintenance, simulation and engineering support to approximately $1…

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Dynamis Buys DGI’s Emergency & Security Mgmt Solutions Unit for IT Market Push Dynamis has purchased Defense Group Inc.’s Emergency & Security Management Solutions subsidiary for an undisclosed sum in an effort to expand the delivery of technology platforms to federal government and industry clients both in the U…

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Consumer Financial Protection Bureau Seeks Feedback on Technical Requirements of Cloud Migration The Consumer Financial Protection Bureau has requested information on potential industry sources of cloud-based technology platforms as CFPB plans to migrate its data workloads to the cloud in fiscal year 2017…

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White House Issues Cyber Incident Coordination Policy President Barack Obama has issued a new directive to establish principles that will govern the federal government’s response to malicious cyber activities in the public and private sectors. The Presidential Policy Directive-41 designates the departments of Justice and Homeland Security as well as the Office of the Director of National Intelligence as federal lead agencies for threat response, asset response and intelligence support, respectively, the White House said Tuesday…

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DoD Opens DIUx 2.0 Facility to Increase Collaboration With Tech Industry The Defense Department has unveiled its new Defense Innovation Unit-Experimental office in Boston as part of efforts to increase DoD’s connections with the innovation community and accelerate integration of new technology into military operations…

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Defense Innovation Advisory Board Appoints New Members; Ashton Carter Comments The Defense Innovation Advisory Board has added new members who will work to help the Defense Department stay up-to-date with innovation. Defense Secretary Ashton Carter named the additional members during an opening ceremony in Boston for the Defense Innovation Unit Experimental, a new DoD initiative meant to help the department forge ties with America’s innovators in order to bring new technologies to warfighter, DoD said Tuesday…

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July 26 Market Close: GovCon Index Holds Higher Against Flat US Market Ahead of Prime Defense Earnings Executive Mosaic’s GovCon Index traded higher Tuesday against choppy trade in the larger U.S. stock market as defense-oriented investors prepare to examine a large batch of earnings reports from major sector players due Wednesday…

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