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Defense civilian furloughs cut to six days

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Civilian employees inside the Department of Defense are getting a reprieve from the furloughs in place since July 8. In a statement released Tuesday, the DoD announced it was reducing furloughs from 11 days to six. Locally, more than 6,000 people have been affected by the furlough days – civilian employees at the Air Force… Continue Reading Defense civilian furloughs cut to six days

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TechWise CEO places focus on Middle East

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TechWise CEO places  focus on Middle East

The leader of Springs-based defense contractor TechWise plans to move her family and a large portion of her executive staff overseas to focus on the global arm of her business. TechWise President and CEO Shawnee Huckstep said that she will be moving in late August to Abu Dhabi, United Arab Emirates, with her husband, Chief… Continue Reading TechWise CEO places focus on Middle East

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Colorado Springs-based defense contractor Intecon won  the Prime Contractor of the Year award from the Colorado District Office of the U.S. Small Business Administration. Intecon LLC received the National and Region VII Prime Contractor of the Year award, which the SBA gives to “small businesses that have provided the government with outstanding goods and services as… Continue Reading Defense contractor wins national SBA award

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Forbes ranks AFA as one of nation’s top schools

The United States Air Force Academy was named one of the top U.S. universities in a list compiled by Forbes magazine. The academy ranked 31st, with the United States Military Academy at West Point, N.Y., coming in seventh and the United States Naval Academy in Annapolis, Md, coming in 28th in the nation. “The U.S.… Continue Reading Forbes ranks AFA as one of nation’s top schools

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SIFCO Industries is acquiring MW General Inc, which operates as General Aluminum Forgings in Colorado Springs. The company is an aerospace component supplier that provides precision aluminum materials to the commercial aerospace industry, military and to medical device companies. The transaction closed Tuesday, and specific terms were not disclosed. SIFCO is also a component supplier… Continue Reading SIFCO acquires Springs aluminum forging company

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AFA reports $898 million economic impact

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AFA reports $898 million economic impact

  Budget cuts have taken their toll on the Air Force Academy and its overall economic impact to the community. Last year at this time, the Academy trumpeted its largest economic impact – $999 million, very close to $1 billion. This year, the AFA reports an economic impact of $898.8 million, still an impressive number.… Continue Reading AFA reports $898 million economic impact

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Federal law to widen state aerospace trade

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Local aerospace experts are discussing the enforcement of a new federal export law that some say will profoundly affect Colorado’s trade and production of space technology and research. Industry experts and representatives delivered public comments about the new law and its implementation at a recent forum organized by the Rocky Mountain District Export Council. The… Continue Reading Federal law to widen state aerospace trade

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Lockheed Martin delivers antennas for next-generation GPS satellites

Lockheed Martin is preparing to install the navigation, communication and hosted payload antenna assemblies for the first satellite for the next-generation Global Positioning System. Lockheed Martin is currently under contract for production of the first four GPS III satellites, and has received advanced procurement funding for long-lead components for four additional satellites. The GPS III… Continue Reading Lockheed Martin delivers antennas for next-generation GPS satellites

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Eight local businesses have teamed with the Colorado Springs Regional Business Alliance to offer discounts on Fridays through the end of the fiscal year to the federal civilian employees who are currently being furloughed. The furloughs were part of the Budget Control Act, which requires nearly every federal worker to take 11 days of unpaid… Continue Reading Local businesses ease furlough’s financial pinch

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Knapp to exit PTAC, executive director search begins

The Colorado Procurement Technical Assistance Center is looking for a new executive director. Ken Knapp, who’s served as executive director of the contracting assistance office since March 2012, is moving to Pennsylvania, where he took a job as the executive director of an educational nonprofit. He’s been at the PTAC since its beginning in 2009… Continue Reading Knapp to exit PTAC, executive director search begins

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