Posts from GovConWire for 10/18/2017

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CSRA Inks $235M Cash Deal for Praxis Engineering in Intell Market Push

CSRA (NYSE: CSRA) has agreed to purchase Annapolis Junction, Maryland-based Praxis Engineering Technologies for approximately $235 million in cash in a move to expand its capabilities in mission applications development and broaden its market presence in the intelligence community…
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Aurora Flight Sciences Vet Mark Cherry Joins Boeing as Phantom Works VP; Leanne Caret Comments

Mark Cherry, president and chief operating officer at Manassas, Virginia-based autonomous systems maker Aurora Flight Sciences, has been appointed to succeed Darryl Davis as vice president of Boeing’s (NYSE: BA) Phantom Works technology arm…
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CNSI to Build CMS Medicaid Advantage Encounter Data Processing System; Adnan Ahmed Comments

CNSI has received a potential $35 million contract to help the Centers for Medicare and Medicaid Services develop, engineer and maintain a technology platform to process medical claims data on Medicare Advantage or Part C beneficiaries…
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State Dept OKs Potential $2.4B FMS Deal for Greek F-16 Upgrades

The State Department has approved a potential $2.40 billion foreign military sales transaction for Lockheed Martin (NYSE: LMT) to convert F-16 aircraft into a Block V configuration for the Greek air force…
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Telecom Industry Vet Diana Gowen Named MetTel Federal Program GM, SVP

Diana Gowen, a 30-year telecommunications and networking industry veteran, has joined New York-based communications firm MetTel as general manager and senior vice president of federal program. Gowen will work through the company’s Washington, D…
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House-Senate Conference Committee to Begin Negotiations on Fiscal 2018 NDAA Reconciliation

House and Senate conference members will begin to reconcile two versions of the fiscal 2018 National Defense Authorization Act after the upper chamber voted Tuesday to start formal negotiations on the bill, the Washington Examiner reported Tuesday…
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Lockheed to Develop Multimodal Sensor Fusion Testbed for Army Rotocraft

Lockheed Martin aims to build multimodal sensor fusion testbed for rotary-wing aircraft under a potential three-year, $12 million contract from U.S. Army‘s Night Vision and Electronic Sensors Directorate…
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Hughes to Offer Managed Network Services to Agencies Through Level 3 Partnership

Hughes Network Systems has received a subcontract from Level 3 Communications to offer a suite of managed network services to federal customers through the General Service Administration‘s Enterprise Infrastructure Solutions procurement vehicle…
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VIDEO: Mattis – the Origins of his Call Sign

Learn about the history behind Defense Secretary Jim Mattis’ call sign. For more on the Department of Defense, visit: https://www.defense.gov
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October 17th Market Close: GovConIndex Closes Down While Major Indices Close Mixed

The Executive Mosaic GovCon Index (GCI) closed down for the second consecutive day to settle at 108.763 off 0.460 percent.  Declining shares outpaced advancing 6 to 1. The three major indices closed mixed with the S&P500 and DJIA closing at new highs and the NASDAQ Composite ending the day in the negative The S&P500 closed up 0…
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