Posts from GovConWire for 09/22/2016

Air Force Exercises $395M Lockheed Contract Option for 9th & 10th GPS III Satellites

Lockheed Martin (NYSE: LMT) has received a potential $395 million contract modification to build the ninth and 10th Global Positioning System III space vehicles for the U.S. Air Force. The Air Force exercised an option in a previously awarded GPS III production contract and obligated $373…
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Navy Awards Raytheon $255M Contract to Build Joint Precision Approach, Landing System

Raytheon (NYSE: RTN) has received a potential six-year, $254.6 million contract to design, build, integrate and test a Joint Precision Approach and Landing System for the U.S. Navy. The Defense Department said Wednesday that Raytheon will continue to develop eight existing JPALS engineering development models and build two additional models to help the Navy fulfill operational capability requirements for F-35B/C and MQ-25 tests as well as nuclear aircraft carriers and amphibious assault ships…
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L-3 to Produce Submarine Passive Sonar Receivers Under Potential $238M Navy Contract

L-3 Communications (NYSE: LLL) has been awarded a potential $238.2 million contract by the U.S. Navy to develop and manufacture passive sonar receiver technology for installation on submarines. The Defense Department said Wednesday the company will provide a first article TB-29X towed array receiver unit, production towed array assemblies and receiver units, test sets, shipping reels, technical manual and curriculum and provisioned items to the service branch…
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IT Industry Vet Sujey Edward Named Octo Consulting CTO; Mehul Sanghani Comments

Sujey Edward, formerly vice president of Salient CRGT’s Agile Innovation Center and Agile Center of Excellence, has joined Octo Consulting Group as chief technology officer. He will report directly to Octo founder and CEO Mehul Sanghani and be responsible for the Tysons Corner, Virginia-based contractor’s information technology programs and implementation teams that assist government clients in innovation efforts, the company said Thursday…
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Rep. Ralph Abraham Proposes Bill to Hold Federal Agency Heads Accountable for Cyber Breaches

Rep. Ralph Abraham (R-Louisiana) has introduced a bill that seeks to help federal agencies build up their cybersecurity procedures and hold agency heads accountable for failure to enforce measures needed to prevent cyber attacks…
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BlackBerry, Zimperium Combine Mobile Threat Protection Offerings; Dave Kleidermacher, Shridhar Mittal Comment

BlackBerry and Zimperium have partnered to integrate the companies’ mobile security platforms in an effort to help government and other enterprise customers protect Android and iOS devices against threats…
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BAE’s US Arm Lands $85M Navy Data Link System Development Contract

BAE Systems’ U.S. subsidiary has won a potential six-year, $84.7 million contract to design and develop Network Tactical Common Data Link systems for the U.S. Navy. The service branch awarded the firm-fixed-price, cost-plus-incentive-fee contract to BAE Systems Inc…
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Sprint Federal Operations to Extend Fiber Telecom Support for DISA

The Defense Information Systems Agency has exercised an option to extend Sprint Federal Operations‘ fiber telecommunications operation and maintenance services in Europe under a potential $215…
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Reports: COO Charles Woodburn to Take Charge of BAE’s UK Defense, Cyber Businesses

BAE Systems Chief Operating Officer Charles Woodburn will assume responsibility for the British contractor’s defense operations and cybersecurity subsidiary in the U.K., Reuters reported Wednesday…
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September 21 Market Close: GovCon Index Returns Above 80 After Fed Holds on Rate Hike & Signals December Move

Executive Mosaic’s GovCon Index added 1 percent Wednesday to record its best session in two months and close above 80 points for the first time since Sept. 12 with 29 out of 30 stocks in positive after the Federal Reserve left benchmark interest rates unchanged and signaled a potential move in December…
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