Northrop CEO Details Cost Reduction Focus of Customers & Industry After GAO Bomber Contract Review Goes Public Northrop Grumman (NYSE: NOC) CEO Wes Bush described to investors Wednesday the aerospace and defense contractor’s moves to focus on affordability and make corporate-level investments to take costs out of programs such as the B-21 bomber in response to slower-growing budgets…

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CACI Lowers Earnings Outlook as 1Q Results Top Street CACI International (NYSE: CACI) lowered full-year earnings per share guidance Wednesday as first quarter EPS and revenue exceeded Wall Street analyst forecasts on continued contributions from the National Security Solutions business acquired in February from L-3 Communications (NYSE: LLL)…

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Tony Frazier: DigitalGlobe Seeks to Grow Services Business Through Radiant Group Purchase Tony Frazier, senior vice president of government solutions at DigitalGlobe, has said the addition of geospatial information services contractor The Radiant Group to DigitalGlobe would help the latter build up its services business…

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Cray, SGI Federal to Modernize DoD High-Performance Computing Systems The U.S. Army has awarded Cray and Silicon Graphics International‘s federal business contract modifications worth $26.6 million each to support the Defense Department‘s high-performance computing modernization program…

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ReadyOne Gets $75M Protective Coveralls, Ensembles Order From DLA ReadyOne Industries has won a potential $74.9 million contract to manufacture protective coveralls and ensembles and expedient repair kits for the U.S. Air Force. The company is scheduled to complete production work under the contract with the Defense Logistics Agency by April 30, 2019, the Defense Department said Wednesday…

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CACI Names Jennifer Mehall Background Investigations Team SVP Jennifer Mehall, formerly vice president of operations at Alaska Native government services contractor Chenega Corp., has been named senior vice president of background investigation services group at CACI International (NYSE: CACI)…

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G-W Management Services to Construct Marine Corps Ammunition Supply Point Facility G-W Management Services has been awarded a potential $9.7 million contract by the U.S. Navy to design and build an ammunition supply point facility at the Marine Corps Base Quantico. The company will construct a new ammunition issue and segregation building as well as provide associated site work under the firm-fixed-price contract, the Defense Department said Wednesday…

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Harris Unveils Night Vision Binocular Tech for Warfighters; Erik Fox Comments Harris has launched a new night vision binocular the company designed to boost warfighters’ capacity to perform missions at night or under low-light conditions. The F5032 night vision goggle consists of fixed and adjustable diopter lenses that will work to help military users adjust lenses to minimize eye fatigue during a mission, Harris said Wednesday…

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GSA Creates Digital Registry Portal and AI, Virtual Reality Communities for Federal Managers The General Services Administration has introduced three initiatives under GSA’s Digital Communities that aim to increase the adoption of digital public services across the federal government…

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Douglas Loverro: DoD Should Integrate Commercial Space Tech Into Military Architecture Douglas Loverro, deputy assistant secretary for space policy at the Defense Department, has said he believes commercial space services should be integrated into the overall architecture for warfighters, DoD News reported Wednesday…

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October 26 Market Close: GovCon Index Gets Northrop & Boeing Lift Against Mixed US Stock Trade Executive Mosaic’s GovCon Index traded higher against mixed activity in U.S. stock markets Wednesday for a second consecutive session on large contributions from Boeing (NYSE: BA) and Northrop Grumman (NYSE: NOC) after both aerospace-defense companies boosted their full-year outlooks…

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