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Executive Mosaic’s GovCon Index reversed course mid-week with a 1.03% jump to $4,906.86. Wall Street’s major indexes outperformed following a tech rally and renewed rate cut hopes. The Nasdaq Composite (+1.18%) and S&P 500 (+1.02%) posted new record highs, while the Dow Jones Industrial Average (+1.09%) advanced nearly 430 points.

Leidos and Permion will work to accelerate the use of artificial intelligence in critical national security mission sets under a strategic collaboration. The collaboration will involve the use of Permion's X-Machines Instruction Set Architecture and Leidos' technology capabilities. The XVM-ISA platform will improve applications and capabilities that can be deployed on the tactical edge, on-premises or in the cloud, Leidos said Monday.

Information technology solutions provider NextGen Federal Systems has received the Analytics Solution to Establish Real-Time Operational Information Dominance contract. Granted under the General Services Administration's One Acquisition Solution for Integrated Services Small Business Pool 3 contract, the $170 million task order will see NextGen work toward advancing the U.S. Army's analytic capabilities in C5ISR domains. It will provide several support services, including prototype development, software engineering and the application of artificial intelligence and machine learning, Intelligence Community News reported.

Balyasny Asset Management is looking to hire a product management associate who will be part of its equity product management team. The associate will support product management efforts for quantitative tools and systems. He or she will conduct quantitative investigations into issues that arise with said platforms and roadmap solutions to increase the reliability of such platforms, BAM said in a job ad posted on LinkedIn.

U.S. Air Force airmen from the 86th Maintenance Squadron have painted liberation stripes and added decals to six C-130J Super Hercules aircraft stationed at Ramstein Air Base to commemorate the 80th anniversary of D-Day in Normandy, France. The United States and its allies used the stripes and designations on June 6, 1944, for coordination between the ground and the air parties. According to Tech. Sgt. Garrett Magnie, maintenance officer for the 86th Maintenance Squadron, the 37th Troop Carrier Squadron, now known as the 37th Airlift Squadron, was part of the Normandy liberation, AF .mil reported.

The U.S. Air Force has awarded California-based electric vertical take-off and landing aircraft manufacturer Archer Aviation $142 million in contracts to provide up to six Midnight eVTOL aircraft. The Air Force will use the Midnight platform for personnel transport, logistics support and rescue operations. Adam Goldstein, founder and CEO of Archer, said the Midnight aircraft can carry up to 1,000 pounds of cargo and is powered by a proprietary, low-noise electric powertrain that enables low-cost operations. Archer will also provide flight test data, certification test reports, pilot training and maintenance and repair operations, Defence Connect reported.