Posts from GovCon Daily 08/03/2016

Cubic Cuts FY 2016 Earnings Outlook, Holds Revenue Guidance as 3Q Results Below Street Consensus

Cubic Corp. (NYSE: CUB) cut its full-year earnings outlook in fiscal third quarter financial results released Wednesday as the defense and transportation contractor expects increases to interest and financing costs on a new credit facility, tax expenses and a partial pension settlement plan in the fourth quarter…
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FAA Seeks New Air Traffic Control Specialists

The Federal Aviation Administration seeks an estimated 1,400 new air traffic control specialists and will accept entry-level candidate applications for the position from Aug. 8 to 15. The new ATCS will undergo an intensive training program in their first months of employment at the FAA Academy in Oklahoma to prepare them for their future tasks of managing air traffic across the U…
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VA Dept Orders AM General’s Wheelchair-Accessible Vehicles

AM General‘s Mobility Ventures subsidiary has received an order from the Department of Veteran Affairs for five wheelchair-accessible vehicles through bus distributor Master’s Transportation…
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DoD Issues Final Rule on Selection of Electronic Parts Sources

The Defense Department has issued a final rule that will amend the Defense Federal Acquisition Regulation Supplement to implement a National Defense Authorization Act of Fiscal Year 2012 requirement on the purchase of electronic parts for military systems…
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NASA Issues RFP for Novel Aerospace Tech Platforms Under NIAC Program Phase 1

NASA has asked industry to submit proposals for the initial phase of a program that seeks to develop novel platforms designed for future aerospace missions. The space agency said Wednesday it will award $125,000 in grants over a nine-month period to selected projects under Phase 1 of the NASA Innovative Advanced Concepts program…
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Carahsoft’s John Lee: SEWP Contract Vehicle Key to Agencies’ Cloud Tech Adoption

John Lee, vice president of cloud services at Carahsoft Technology, has said federal agencies should use NASA’s Solutions for Enterprise-Wide Procurement vehicle to buy information technology products and services in order to facilitate their transition to cloud computing environments…
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Navy Explores Options to Continue MUOS-5 Satellite Transfer Process

The U.S. Navy will consider alternate orbit adjustment options, calculate mission impact and investigate options to address a propulsion system failure that occurred on the service branch’s communications satellite launch, Space News reported Tuesday…
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CBO: Pension Benefit Guaranty Corp.’s Multiemployer Program Faces Insolvency in 2025

A new Congressional Budget Office report projects the Pension Benefit Guaranty Corporation’s multiemployer program to become bankrupt by 2025 under current law. CBO said Tuesday PBGC would be unable to pay $3 billion of the total $9 billion worth of projected claims for financial aid filed with the multiemployer program from 2017 through 2026…
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Grant Thornton Joins HITRUST Network to Implement Healthcare Industry Standards

The nonprofit Health Information Trust Alliance has designated Grant Thornton as a HITRUST CSF Assessor to help promote information security and privacy standards for the healthcare industry. Grant Thornton said Tuesday that designation grants the firm authority to offer services through the HITRUST CSF privacy and security framework designed to help address healthcare organizations’ security, privacy and regulatory challenges…
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