Posts from GovConWire for 07/31/2015

Obama Signs Order to Encourage Public-Private Supercomputer R&D Efforts

President Barack Obama has ordered federal agencies to collaborate with companies and academic organizations to research, develop and implement high-performance computing technology. The White House said Wednesday the order establishes a government-wide initiative aimed at accelerating discovery and adoption of computers that would process data about 100 times faster than existing 10-petaflop systems…
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Wesley Kremer Named Raytheon’s Integrated Defense Systems President; Thomas Kennedy Comments

Wesley D. Kremer, formerly vice president of the air and missile defense systems portfolio at Raytheon (NYSE: RTN) Missile Systems, has been appointed to succeed Daniel J. Crowley as president of the firm’s integrated defense systems business…
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Vice Adm. Paul Grosklags to Lead Naval Air Systems Command

Vice Adm. Paul Grosklags, principal military deputy assistant secretary of the U.S. Navy for research, development and acquisition, has received appointment as commander of the Naval Air Systems Command…
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Pentagon Taps IBM for Finance System Integration Project

IBM has won a $23.1 million contract from the U.S. Defense Logistics Agency to help consolidate budget, accounting and finance management systems at the Defense Department. The company will provide technical and functional support services for the Defense Agencies Initiative under the cost-plus-incentive-fee and firm-fixed-price contract, DoD saidThursday
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Andrew McCabe Named FBI Associate Deputy Director

Andrew McCabe, formerly the FBI’s assistant director in charge of the Washington field office, has been appointed as the agency’s associate deputy director. FBI Director James Comey announced McCabe’s appointment on Thursday
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Exelis to Produce Jammer Systems for US Navy

Exelis has been awarded a $97,303,380 contract to manufacture onboard jammer systems for the U.S. Navy. The company will also repair test assets and field support for lot 12 of the integrated defensive electronic countermeasures AN/ALQ-214(V)4/5 systems, the Defense Department said Thursday
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July 30 Market Close: GovCon Index Drops, US Stocks Stuck in Neutral

The GovCon Index lost some ground from a two-point rise in the previous two trading days to record a decline of 0.556 points and close at 76.036 Thursday. Intelsat (NYSE: I) led all Index gainers at 26 percent after the Luxembourg-based satellite services company reported a second-quarter profit of $60…
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