Posts from ExecutiveBiz for 07/28/2016

Raytheon & L-3 Boost Earnings Guidance on 2Q Beat, Leidos Below Street Outlook

Three government contractors listed in Executive Mosaic’s GovCon Index reported second quarter financial results before U.S. markets opened Wednesday. Raytheon (NYSE: RTN) and L-3 Communications (NYSE: LLL) both lifted full-year earnings and revenue guidance Thursday on second quarter results that topped the consensus analyst outlooks for each figure…
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White House Issues Report on Quantum Information Science, Unveils Plan to Facilitate HPC Tech Development

The White House’s Office of Science and Technology Policy has released a report on the opportunities and challenges in quantum information science and a strategic plan on how to facilitate the development of high-performance computing platforms…
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Paul Smith: Red Hat Extends Subscription Program to Microsoft’s Azure Govt Cloud

Red Hat and Microsoft have expanded their partnership to help public sector clients adopt Microsoft’s cloud computing technology through their existing open-source Red Hat software subscriptions…
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Space News: SpaceX to Spend Approximately $300M on Red Dragon Mars Mission

Jim Reuter, deputy associate administrator for programs at NASA’s space technology mission directorate, has said SpaceX proposed to invest 10 times the funds NASA plans to allocate for an uncrewed Mars landing mission, Space News reported Thursday…
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Army Engineers Eye Industry Support for DoD’s Post-Chattanooga Building Security Initiative

The U.S. Army Corps of Engineers wants industry partners to support a potential $80 million Defense Department investment for physical security updates at close to 900 recruiting centers across 70 metropolitan areas, Military Times reported Wednesday…
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OMB Releases Federal Information Resources Mgmt Document Update

The Office of Management and Budget has updated a governing document created to establish policies such as procedural and analytic guidelines for federal information resources management functions. A White House blog entry posted Wednesday said the “Circular A-130, Managing Information as a Strategic Resource” update covers a wide range of federal agency policy modifications on cybersecurity, information governance, privacy, records management, open data and acquisitions…
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GTRI, Absio Forge Digital Info Security Alliance; Rob Kilgore, Greg Byles Comment

Global Technology Resources Inc. and Absio have agreed to combine their information technology consulting expertise and cybersecurity experience as the two companies aim to help clients protect and manage digital information…
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Carahsoft to Distribute AdvoLogix Legal Matter Mgmt Services Across Public Sector Markets

Carahsoft has teamed up with AdvoLogix to distribute the latter’s cloud-based law practice and legal matter management services in the local, city, state and federal government markets. AdvoLogix said Tuesday its software-as-a-service suite was designed to help legal departments in the government update matter management processes, prioritize workloads, focus legal capacity, simplify document/email management and streamline internal and external collaboration…
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Clint Green Named ViON Advanced Analytic Strategy, Dev’t Director; Tom Frana Comments

Clint Green, former chief technology officer at ViON subsidiary Ascolta, has been appointed director of advanced analytic strategy and development at the Herndon, Virginia-based information technology infrastructure services provider…
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Australian Army Picks BAE-Patria Team’s Bid for Combat Vehicle Program’s Risk Mitigation Activity

A joint bid by BAE Systems and its partner Patria has been selected as one of the two offers to participate in a one-year risk mitigation effort as part of the second phase of the Australian army’s combat reconnaissance vehicle program…
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Metova Selected as Air National Guard Cyber Range Provider; Bill Dunn Comments

Metova has been awarded a $3.8 million contract to provide a cyber range technology to the Air National Guard to aid in the service’s virtual training program. The Air National Guard will use the CyberCENTS platform to conduct tier 1, 2 and 3 exercises and training for its cyber mission forces, Metova said Tuesday…
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Jacobs Receives UK Rail Link Project Support Contract Extension

Jacobs Engineering Group has secured a contract from Network Rail to support the latter’s development consent order submission on a proposed rail link project in the U.K. Jacobs said Wednesday the project seeks to update rail links from the Great Western main line to Heathrow Airport to provide direct travel to the airport from Reading and Slough…
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BAE Chosen for $245M UK Combat Ship Fires System Contract

BAE Systems has received $245 million contract from the U.K.’s ministry of defense for the acquisition of a gun system to be integrated on the country’s global combat ship fleet. BAE said Thursday it will provide three Maritime Indirect Fires System integrated gunnery systems that includes a 62-caliber Mk 45 Mod 4 Naval Gun System as well as an automated handling system along with a gun fire control system and qualified ammunition…
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