Posts from GovConWire for 07/13/2015

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UTC, Lockheed in Advanced Talks for Potential $8B Deal on Sikorsky

United Technologies Corp. (NYSE: UTX) and Lockheed Martin (NYSE: LMT) are nearing a potential deal for the sale of UTC’s Sikorsky Aircraft business to Lockheed for at least $8 billion, the Wall Street Journal reported Friday…
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Report: Global Aviation Cybersecurity Market Worth $1B in 2015

A new Visiongain report released by Reportbuyer indicates that the global aviation cybersecurity market will reach a value of $1.8 billion this year as the sector works to protect its information and computer technologies…
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Mike Gilpin Joins Siteworx as CTO; Ken Quaglio Comments

Mike Gilpin, formerly chief customer officer at DigitalML, has joined Siteworx LLC as chief technical officer. Gilpin will oversee the company’s effort to define its technology roadmap with the goal of sustaining business development, Siteworx saidWednesday…
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Lockheed Martin Lands $154M Electronic Warfare Upgrade Contract with US Navy

Lockheed Martin (NYSE: LMT) has received a $153,947,183 contract modification to update electronic warfare systems on U.S. Navy ships. The new systems are meant to upgrade the Navy’s existing AN/SLQ-32(V) EW technology under the surface electronic warfare improvement program, the Defense Department said Friday…
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Robert Ferrell: JIE Framework Crucial to Army’s Network Security Operations

Lt. Gen. Robert Ferrell, the U.S. Army‘s chief information officer, has said he believes a common protected data infrastructure is an “operational imperative” for all four U.S. military branches, the Army News Service reported Thursday…
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July 13 Morning Report: GovCon Index Up on Friday’s Close

The GovCon Index continued its rally for the second straight day with a gain of 1.246 percent in Friday’s trading session to close at 75.617. The Dow Jones Industrial Average rose 1.21 percent to 17,760…
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Lawmakers Seek to Change Federal Security Clearance System Stewardship

Reps. Ted Lieu (D-Calif.) and Steve Russell (R-Okla.) plan to introduce a bill to transfer stewardship of federal security clearance records from the Office of Personnel Management to another agency. The two House lawmakers crafted the legislation in response to massive breaches that have compromised OPM-managed federal employee and contractor records, Lieu’s office said Thursday…
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