Posts from GovConDaily for 08/14/2017

HIG Completes Tender Offer for NCI Shares, Eyes Close of Acquisition on Aug. 15

Private investment firm H.I.G. Capital has closed a tender offer of $20.00 per outstanding share of NCI (Nasdaq: NCIT) common stock Saturday as part of the former’s pending $283 million cash acquisition of the Virginia-based government information technology firm…
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DigitalGlobe Unveils Winning Algorithms in SpaceNet Challenge Round 2; Tony Frazier Comments

DigitalGlobe has released the results of the second round of its SpaceNet Challenge that aims to accelerate innovation in machine learning technologies. The company said Monday the SpaceNet Challenge Round 2, hosted by TopCoder, sought automated mapping algorithms that work to extract features of building footprints from overhead imagery…
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CBO: Fiscal 2017 Appropriation Actions Will Not Result in Sequestration

The Congressional Budget Office has said sequestration is not necessary for fiscal 2017 since appropriations for both defense and nondefense programs do not go beyond the caps on discretionary budget authority…
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DARPA Eyes Radio-Frequency Enabled Machine Learning System Under New Program

The Defense Advanced Research Projects Agency plans to develop a machine learning system that incorporates abilities to read, discern, automatically adjust and learn through radio frequencies as part of a new program…
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Air Force, SOFWERX to Collaborate on UAV Battle Experiment

The U.S. Air Force has partnered with SOFWERX to conduct a “rumble-style” battle experiment on unmanned aerial vehicles to collect information for potential drone operations, National Defense reported Thursday…
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Phebe Novakovic: General Dynamics On Track to Complete Design Work on Columbia-Class Submarine

General Dynamics CEO Phebe Novakovic has said the company is on schedule to complete design and development work on the U.S. Navy’s Columbia-class ballistic missile submarine, the Washington Business Journal reported Wednesday…
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NAVSEA Highlights Defense Contracting Processes at Small Biz Industry Event

The Naval Sea Systems Command drew more than 200 representatives from the small business community to an industry day held Tuesday at the Washington Navy Yard. The event aimed to increase small businesses’ awareness of the defense contracting processes and featured a discussion among multiple U…
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Lockheed Wins $8B Follow-On Contract for Global Logistics Support to US Special Forces

The U.S. Special Operations Command has awarded Lockheed Martin (NYSE: LMT) a potential 10-year, $8 billion contract to continue providing logistics support services to the country’s special operations forces…
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Bill Newhouse: NIST-Led Initiative Unveils Updated Cybersecurity Workforce Framework

A National Institute of Standards and Technology-led program has issued a special publication on the updated framework to label information technology and cyber positions ahead of a December deadline to comply with the Federal Cybersecurity Workforce Assessment Act of 2015, Federal News Radio reported Friday…
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James Mattis: DoD Should Leverage AI Tech Advancements

Defense Secretary James Mattis wants the Defense Department to further invest in artificial intelligence and harness the technology for military applications, Wired reported Friday. “It’s got to be better integrated by [DoD], because I see many of the greatest advances out here on the West Coast in private industry…
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DLA Orders Additional PCX Connecting Links for Army Apache Weapon System

PCX Aerostructures has received a five-year, $7.8 million indefinite-delivery/indefinite-quantity contract from the Defense Logistics Agency to provide additional right connecting links for the U.S. Army‘s Apache AH-64 weapon systems…
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Technavio Forecasts 15% Annual Growth for Low-Light-Level Imaging Sensor Market

A Technavio report predicts that the global market for low-light-level imaging sensors will experience a 15-percent compound annual growth rate from 2017 through 2021. Technavio reported Thursday it found that night-vision devices accounted for nearly 55 percent of the total market revenue last year, driven by defense organizations’ increased adoption of low-light-level imaging sensors…
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VIDEO: Stinger missiles with proximity fuzes destroy UAVs

In April 2017, a pair of Stinger missiles intercepted two unmanned airborne systems—an MQM-170C Outlaw and a smaller unspecified model—using proximity fuzes during a U. S. Army test at Eglin Air Force Base in Florida…
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