Posts from GovConWire for 10/07/2014

October 7 Morning Report: GovConIndex Down on Mixed Day of Trading

The U.S. stock market closed Monday trading lower. The GovConIndex fell 0.289, or 0.450%, to 64.535. Many investors remain uncertain about the outlook for stocks as they wait for the beginning of the earnings season…

BAE Systems to Convert U.S. Army’s Recovery Vehicles to HERCULES Variant; Adam Zarfoss Comments

BAE Systems has won a $153.6 million contract to upgrade the U.S. Army‘s recovery vehicles to the Heavy Equipment Recovery Combat Utility Lift Evacuation System configuration. Under the project, the company will convert 53 M88A1 recovery vehicles to the M88A2 HERCULES variant, extending production of the M88 line through 2016, BAE Systems said Monday…

Inmarsat Unveils Military Satcom Service Offerings; Peter Hadinger Comments

Inmarsat has started offering wideband communications services to U.S. military customers through the company’s mobile satellite networks. The Inmarsat-5 Global Xpress satcom coverage has been expanded to deliver Ka-band connectivity for aeronautical and ground missions across the Indian Ocean, the company said Monday…

IARPA Issues $50K Automatic Speech Recognition Software Challenge

The Intelligence Advanced Research Projects Activity will award $50,000 in total for the winning participants to a prize challenge on automatic speech recognition software for single-microphone and multimicrophone recordings…

Raytheon to Produce 3D Long-Range Radars for Air Force

Raytheon (NYSE: RTN) has been awarded a potential $71.8 million contract to engineer, manufacture and develop the U.S. Air Force‘s three-dimensional expeditionary long-range radar systems. The 3DELRR EMD contract has a $19,502,764 base value and calls for the company to deliver up to six radar platforms, as well as product support to the military branch, the Defense Department said Monday…

Erik Buice: Northrop Grumman Continues Support for CMS’ Medicare Beneficiary DB Systems

Northrop Grumman (NYSE: NOC) will continue its support for the Centers for Medicare and Medicaid Services‘ Medicare Beneficiary Database Suite of Systems through November 2018 under a new $53.7 million contract…

Peter LaMontagne: Novetta Seeks Analytics Portfolio Growth with Twin Acquisitions

Novetta Solutions has sought to boost the market reach of its big data analytics portfolio with the acquisitions of Digital Results Group and Sentinel Applied Analytics for undisclosed amounts. The purchase includes Boston-based DRG’s data collecting and sharing software platform for multi-intelligence command and control applications and Sentinel’s applied statistical tools that aim to interpret patterns and relationships in data, Novetta saidFriday…

Unisys CEO J. Edward Coleman to Leave in December; Paul Weaver Comments

J. Edward Coleman, chairman of the board and CEO of Unisys (NYSE: UIS), will step down from both positions on Dec. 1after six years of service in these roles. “Joining Unisys in the depth of the 2008-2009 financial crisis, Ed led the turnaround of the company,” Paul Weaver, lead independent director of the Unisys board, said Monday…

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