Posts from GovConWire for 03/26/2015

US Navy Awards Data Link Systems Contracts to Three Firms

Computer Sciences Corp. (NYSE: CSC), Odyssey Systems Consulting Group and Tactical Engineering & Analysis Inc. have won multiple award contracts worth $17,844,438, $16,023,035 and $19,651,998, respectively, to engineer and configure the U…
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USAF Taps 10 Small Businesses for Engineering, Tech Acquisition Support

The U.S. Air Force has awarded 10 small businesses spots on an $851 million indefinite-delivery/indefinite-quantity contract to provide engineering and technology acquisition support services through March 26, 2018
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Leidos Board Appoints CEO Roger Krone to Chairman to Consolidate Roles

Leidos (NYSE: LDOS) CEO Roger Krone has taken the additional role of chairman of the board of directors beginning March 20, less than a year after he joined the company from Boeing (NYSE: BA). The board designated Krone as the successor to former Chairman John Jumper, who also previously served as CEO before he retired from that role last year, Leidos said Wednesday
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SupplyCore to Repair, Maintain Logistics Support for US Military’s Northwest Region

SupplyCore Inc. has won a $157.5 million contract with the Defense Logistics Agency to maintain, repair and operate the U.S. military’s logistics support program for the northwest region. The contract contains a two-year base period and two 18-month options, the Defense Department said Wednesday
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House Approves $3.8T Budget Blueprint

The U.S. House voted 228-199 Wednesday to pass a fiscal 2016 budget plan that includes an extra $20 billion for overseas contingency operations spending, the New York Times reportedThursday. Jonathan Weisman writes the Republican-crafted budget would increase the OCO funding allocation to $96 billion without a requirement to offset the proposed $20 billion increase through cuts in other programs…
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March 25 Market Close: GovCon Index Nosedives After Durable Goods Report Shows Decline

The GovCon Index closed in negative territory for the third consecutive day this week with a loss of 2.271 percent to end up at 68.195. Engility Holdings (NYSE: EGL) and Navistar (NYSE: NAV) were the only Index companies to see their stock prices riseWednesday
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