Recent Posts

October 26 Market Close: GovCon Index Gets Northrop & Boeing Lift Against Mixed US Stock Trade


Executive Mosaic’s GovCon Index traded higher against mixed activity in U.S. stock markets Wednesday for a second consecutive session on large contributions from Boeing (NYSE: BA) and Northrop Grumman (NYSE: NOC) after both aerospace-defense companies boosted their full-year outlooks. GovCon Index advancers edged laggers and nine of its S&P 500 companies gained as the latter U.S. stock bellwether …

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Bob Kipps: Large GovCon Players Return to Organic Growth in Year of ‘Non-Traditional’ M&A Buyers


For the government technology services sector, the third quarter was strong and a step up from the prior years’ flat or shrinking activity throughout the industry, according to Bob Kipps, managing director at Tysons Corner-based aerospace and defense investment bank KippsDeSanto & Co. “Operationally, 2016 has been the year where the ‘rubber …

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General Dynamics CEO: Census Bureau Support Win Part of IS&T Segment’s ‘Diving Board’ for Growth

general dynamics logo

General Dynamics (NYSE: GD) CEO Phebe Novakovic singled out to investors Wednesday the company’s potential five-year contract to support a Census Bureau contact center as part of what she referred to as a “diving board” for growth in the information systems and technology segment. That contract worth up to $430 million announced in September calls on General …

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Boeing & Northrop Boost 2016 Outlooks as General Dynamics Posts 3Q Earnings Beat


Three of the world’s largest government contractors listed in both Executive Mosaic’s GovCon Index and the U.S. stock bellwether S&P 500 composite index released third quarter financial results before markets opened Wednesday. Boeing (NYSE: BA), General Dynamics (NYSE: GD) and Northrop Grumman (NYSE: NOC) all posted earnings per share figures …

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Darin Powers Named Natl Security Division SVP at NT Concepts; Craig Reed Comments


Darin Powers, former chief operating officer of Toffler Associates, has joined NT Concepts as senior vice president for national security solutions at the Vienna, Virginia-based intelligence and investigative services provider. NT Concepts said Tuesday the 25-year government contracting and military service veteran will lead operations and strategic growth activities of the company’s …

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CSRA to Manage DIA’s Enterprise IT Support Center Under Potential $167M Task Order


CSRA (NYSE: CSRA) has received a potential $166.9 million task order to manage the enterprise service operations center of the Defense Intelligence Agency. The company said Wednesday it will also integrate and standardize remote and in-field customer support processes at ESOC. The center is comprised of self-help knowledge portals as well as remote service desk resolution support and …

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DigitalGlobe Buys Timbr to Add Data Science Tools in Extended Cloud & Analytics Push


Satellite imagery vendor DigitalGlobe (NYSE: DGI) has acquired data sciences services company Timbr in a continued push to expand cloud-based offerings and create new analytics techniques to manage large volumes of information, DigitalGlobe CEO Jeffrey Tarr told investors Tuesday. This deal comes nearly two weeks after Westminster, Colo.-based DigitalGlobe announced its $140 million …

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Bloomberg: GAO Issues Declassified Version of Air Force Bomber Contract Award Protest Decision

Air Force B-21

The Government Accountability Office has said that Northrop Grumman’s (NYSE: NOC) proposal for the U.S. Air Force’s Long Range Strike Bomber program held “significant structural advantages” over a bid by the team of Boeing (NYSE: BA) and Lockheed Martin (NYSE: LMT), Bloomberg reported Wednesday. Anthony Capaccio and Julie Johnsson write GAO made …

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Orbital ATK to Build Land Imaging Satellite for NASA Under $130M Contract; Steve Krein Comments


Orbital ATK (NYSE: OA) has received a potential five-year, $129.9 million contract from NASA to design and develop a satellite that works to provide images and measurements of the Earth’s land cover. NASA awarded the firm-fixed-price delivery order for the Landsat 9 spacecraft under the Rapid Spacecraft Acquisition III contract, the space …

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October 25 Market Close: GovCon Index Ends 2-Week Stay Below 80; Lockheed Posts Best Day in 7 Years on Upbeat Guidance


Executive Mosaic’s GovCon Index closed above 80 points Tuesday for the first time in two weeks despite declines in the larger U.S. stock market after Lockheed Martin (NYSE: LMT) posted its best one-day advance in seven years surged on upbeat financial outlooks for this year and 2017 to lead all GCI gainers. GovCon Index …

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