Article Excerpt: Thousand Oaks defense manufacturer ITT Exelis will shut its Willow Lane plant and lay off 170 employees, the company said Friday.
The maker of devices that jam cellphone signals used to set off explosive devices in Iraq and Afghanistan will close its 150,000-square-foot facility because the U.S. military — its primary customer — has bought all of the devices it needs now that the wars are winding down for the U.S., said Tim White, communications manager for the electronics division.
Full Article: http://goo.gl/nMWXG
Article Source: VCStar.com
Article Excerpt: All contractors’ salaries would be capped at $400,000, the president’s salary, under an amendment tacked on to the Senate’s version of the Defense authorization bill approved Thursday.
Currently, a contractor can charge the government up to $693,951 for the salaries of its top five executives, based on an executive compensation formula. That cap does not apply to other contract employees, who can earn more.
The amendment was sponsored by Sens. Barbara Boxer, D-Calif.; Chuck Grassley, R-Iowa; and Jay Rockefeller, D-W.Va.
Full Article: http://goo.gl/wnB2Y
Article Source: Federal Times
Article Excerpt: We had another recent death in Afghanistan.
This time, it was a Tulsa man who works as a military contractor.
Bob McCullough had a sudden heart attack at 55-years-old while working for DynCorp.
Some of our KRMG listeners may think that sounds sad, but wonder why his death is making news.
There’s one big reason.
Full Article: http://goo.gl/yE1Vh
Article Source: KRMG
Article Excerpt: Randy Lebolo is founder and owner of Lebolo Construction Management Inc. in Boynton Beach.
Lebolo started his career as a project engineer in Colombia working for his father before immigrating to the United States in 1999 to start his own construction firm.
The company, which employs 10 professionals, specializes in coordinating and controlling every aspect of a project, such as maintaining construction scheduling, quality and budget.
Full Article: http://goo.gl/H4dzb
Article Source: Orlando Sentinel
Article Excerpt: The Centers for Medicare and Medicaid Services is opening an $18 billion competition to provide it with a single avenue for buying a broad group of data center services.
Full Article: http://goo.gl/1Btv0
Article Source: The Washington Post