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From Jim Garrettson, Executive Mosaic President & Founder
The federal government entered its 2015 fiscal year Tuesday without the backdrop of a potential shutdown as lawmakers made moves in late September to ensure normal operations.
With nearly a week and a half to spare, both chambers of Congress approved legislationto continue funding the government at current levels and set aside an aid package intended to help Syrian rebels fight the Islamic State group.
Senate lawmakers approved the bill in a 78-22 votenearly a day after the House passed the bill 319-108.
The legislation also includes measures to extend the authority of the Export-Import Bank and funding to help combat the spread of Ebola in West Africa.
Attention now shifts to the progress of legislators on the next defense authorization bill, which congressional leaders want to see passed during the lame-duck session of Congress.
Sen. Carl Levin, chairman of the Senate Armed Services Committee, predicted that lawmakers will use the same approach as they did last year to pass last year’s version of the National Defense Authorization Act.
Under that process, both the House and Senate Armed Services committees met behind closed doors to put together a “pre-conferenced,” compromised defense spending bill.
“Our staff [is] going through the process of identifying all the differences … and making recommendations to members of the House,” Levin said.
In conjunction with the new fiscal year’s arrival, Executive Mosaic has unveiled a new analytics tool for readers to follow the short- and long-term performance of several of the GovCon industry’s top players in the stock market.
The GovConIndex displays the stock prices of 30 contractors and calculates a composite index of those companies on each trading day.
With this tool, readers can view an aggregate price of component stocks and view the index’s performance on a monthly basis compared to the S&P 500.
For more of the week’s leading executive activity in the GovCon space, continue to read below.
Michael Morell to Head SAP NS2 Advisory Board
Michael Morrell will leadSAP National Security Services’ new advisory board, which comprises of several national security and technology veterans.
The 33-year CIA veteran most recently served as deputy director of the agency and was acting director twice during his career.
We are honored to have the support and assistance of these great American leaders,” Mark Testoni, SAP NS2 president and chief executive officer.
Morrell has also served as deputy director of the National Counterterrorism Center.
JR Reagan Elevates to Global CISO Position at Deloitte
JR Reagan has beennamed global chief info security officer at Deloitte, where he most recently served as an enterprise risk services principal at the auditing practice.
The more than two-decade industry veteran formerly managed the company’s HIVE analytics technology development and demonstration center in Arlington, Virginia.
“I look forward to working to implement an innovative program that expands Deloitte’s security capabilities globally and minimizes the risk of external threats to our most important resources — client and proprietary data,” he said.
He is on the faculty at Columbia University, Johns Hopkins University and Cornell University.
James Bahel Appointed to BD VP Role at Leidos
James Bahel has beennamed VP of business development for Leidos’ integrated systems group and will oversee the group’s entire BD portfolio.
The NSA veteran most recently served as a senior business development officer at Lockheed Martin.
“James has had a very successful career and this is a great opportunity for him to take on the next level of challenges,” said Sam Gordy, a Leidos group president.
Bahel helped to secure more than $1.2 billion in new business over a two-year period at Lockheed, according to that company.
Christopher Young to Head Intel’s Security Organization
Christopher Young has been named SVP and general manager of Intel Security and will also be a member of the management committee.
Renee James, Intel president, said there are great opportunities for growth and Young will be a major driver of the company’s trajectory.
Young most recently was an SVP at Cisco’s global security and government group.
He has worked at VMware, RSA and is a co-founder of Cyveillance.
Rudy DeLeon Joins General Dynamics Board of Directors
Rudy DeLeon has beennamed to the General Dynamics’ board of directors.
He currently serves as a senior fellow at the Center for American Progress and previously served as undersecretary for personnel and readiness and undersecretary of the U.S. Air Force.
“Rudy brings a wealth of experience and his insights on defense policy make him a valuable addition to our board,” said Phebe Novakovic, chairman and CEO of General Dynamics.
Deleon began his public sector career at Boeing.