Posts from GovConWire for 06/12/2015

Tony Scott: OMB Releases Federal IT Reform Implementation Guide

The Office of Management and Budget has issued a final guide to help federal agencies implement Federal IT Acquisition Reform Act requirements, U.S. Chief Information Officer Tony Scott wrote in a blog post published Wednesday
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MarketsandMarkets: Cybersecurity Market to Hit $170B by 2020 at 9.8% CAGR

A MarketsandMarkets study reports that the cybersecurity market will reach a value of $170.2 billion by 2020 due to the continued evolution of cyber threats and the corresponding increase in strictness of government cyber regulations…
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Senate Turns Down Cyber Data Sharing Bill

The Senate rejected a public-private cyber data sharing billThursday on a 56-40 vote, the National Journal reports. Dustin Volz writes Senate Majority Leader Mitch McConnell, R-Ky., planned to attach the Cybersecurity Information Sharing Act to a defense authorization bill as an amendment following the recent data breach at the Office of Personnel Management…
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Cubic to Exhibit Air Combat Training Systems at Paris Air Show; Bill Toti Comments

Cubic will showcase various air combat training technologies at the Paris Air Show set to take place in France from June 15to 18. Bill Toti, president of Cubic global defense and an inductee into Executive Mosaic’s Wash100 list for 2015, saidThursday the company’s air combat training systems are designed for use in “live training management, engagement adjudication [and] post mission analysis…
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House Approves 2016 Defense Spending Legislation, Senate Panel OKs Companion Bill

The House voted 278-149 Thursday to approve a $579 billion annual spending plan for the Defense Department, The Hill newspaper reported Thursday. Cristina Marcos and Rebecca Shabad write House Republican members allocated an additional $38 billion to finance DoD’s overseas contingency operations over the next fiscal year but they retained a sequestration budget cap for non-defense programs…
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June 11 Market Close: GovCon Index Advances, US Stocks Nudge Up After Greece News

The GovCon Index closed in positive territory for the second consecutive day Thursday with a gain of 0.485 points to 76.738. CNBC said U.S. stocks held onto gains made in the morning session despite investor worries over a Reuters report that quoted an International Monetary Fund spokesperson that said Greece and the IMF had “major differences” over the progress of debt negotiations between both parties…
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