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    Mitre, Simudyne Partner to Market Financial Modeling Tech; Jay Schnitzer Quoted

    Mitre and Simudyne have teamed up to offer a modeling tool for central banks and other financial institutions to analyze market trends. The agent-based model uses data analytics and seeks to help organizations predict fault lines in the global financial system and gain insight for decision-making, Mitre said Tuesday. The nonprofit company granted Simudyne rights to commercialize […] More

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    Boeing Delivers Final Updated AWACS Aircraft to NATO

    Boeing has handed an updated airborne warning-and-control system aircraft over to NATO, the 14th and final platform the company modernized to help the international alliance comply with Europe’s navigation and air traffic management standards. NATO received the E-3A AWACS unit equipped with five digital displays for the flight crew to view data on the plane’s engine, […] More

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    GSA Seeks Cloud-Based Audit, Risk Management Tool

    The General Services Administration has issued a request for information on ideas intended for the development of a risk management and single audit tool. GSA said in a FedBizOpps notice posted Monday that it seeks to incorporate decision management, interagency award trend analysis, financial audit and storage capabilities through a single cloud-based platform with mobile […] More

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    Paul Colonna to Head Lockheed Investment Mgmt Subsidiary

    Paul Colonna, former executive vice president and chief investment officer of the fundamental equities group at State Street Global Advisors, will join Lockheed Martin on Jan. 7 as president and CIO of its investment management arm. Lockheed said Monday Colonna will succeed Chris Li and oversee the subsidiary’s portfolio, investment strategies, manager selection, risk management and retirement trust assets […] More

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    HII Launches Navy’s 18th Virginia-Class Submarine; Dave Bolcar Quoted

    Huntington Ingalls Industries has launched the U.S. Navy‘s 18th Virginia-class nuclear-powered fast attack submarine into the water at a company facility in Newport News, Va. HII said Monday it used a transfer car system in order to put USS Delaware into a floating dry platform that was submerged to discharge the submarine into the James River. Dave Bolcar, vice president of […] More

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    Center for Digital Government Survey Finds State, Local Agencies Face Cloud Migration Challenges

    A Center for Digital Government survey of more than 170 public-sector information technology professionals showed that four key factors affect cloud transition efforts at state and local agencies. CDG found that many agency IT leaders reported have trouble figuring out how much their agencies will save when they use cloud services, according to an Amazon Web […] More

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    Rite-Solutions to Help Engineer Navy Submarine Combat Control Systems

    Rite -Solutions will provide engineering, program and technical support services for the U.S. Navy‘s submarine combat control systems under a potential five-year, $20.3M contract from the Naval Undersea Warfare Center Division Newport. The company said Monday it will help the service branch further develop new tools for those platforms. Contract work covers systems integration and evaluation, hardware […] More

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    Unisys’ Mark Forman: Government IT Acquisition Oversight Needs Different Approach

    Mark Forman, global head of Unisys‘ public sector business, told Government Matters in an interview published Sunday that agency chief information officers should adopt a new approach to monitor federal information technology investments. He cited a Government Accountability Office report indicating that CIOs oversaw nearly 78K IT procurement transactions that accounted for only $14B out […] More

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    Austal USA to Build Two Additional Littoral Combat Ships for Navy

    Austal USA has secured a contract of an undisclosed value to construct two more Independence-variant littoral combat ships for the U.S. Navy. The service did not disclose the contract amount for industry competition reasons and reported the price of the new orders was under a $584M cost cap set by Congress per LCS ship, the company said […] More

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    Charles River Analytics Seeks Patent for Cyber Defense Tool

    Charles River Analytics has filed a patent application for a tool that works to predict cyber attacks and defend networks from security breaches. The Cyber Vaccine platform is designed to help users come up with defense measures against potential attacks before they reach data systems and computers, the company said Friday. Avi Pfeffer, chief scientist […] More

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    Raytheon Gets Two Navy Contracts for FY 2019 Evolved Seasparrow Missile Production Support

    Raytheon has secured two contracts worth $56.9M combined from the U.S. Navy to support low-rate initial production of Evolved Seasparrow Missile systems during fiscal 2019. The company will obtain long lead materials required to manufacture ESSMs and spares in Block 2 configuration under a four-year, $32.2M contract, the Department of Defense said Friday. The deal includes foreign […] More

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    L3 to Offer Intelsat Broadband Service to Gov’t Aviation Clients

    Intelsat and L3 Technologies have teamed up to bring a satellite-based broadband service to U.S. government aviation users. L3 will integrate Intelsat’s FlexAir broadband service into its portfolio to provide in-flight communications capability for warfighters, government officials and cargo aircraft as well as support intelligence, surveillance and reconnaissance operations, Intelsat said Friday. “FlexAir will provide our government customers with […] More