Executive Mosaic Unveils 2014-2015 Wash100 Inductees: The GovCon Sector’s Most Influential Voices

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The 2014 GovCon market experienced an active year that saw several of its major players either combine forces or make acquisitions, realign their organizations in an effort to adjust to new realities and reorganize the executive teams that steer their companies in an evolving market. Sequestration and budget shifts in agencies toward technology-focused areas such as cybersecurity and healthcare were...

WBB, SAIC, Metron Win Spots on $180M Navy Contract

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The U.S. Navy has awarded Whitney Bradley & Brown, Science Applications International Corp. (NYSE: SAIC) and Metron positions to compete for task orders under an indefinite-delivery/indefinite-quantity contract worth $180.5 million. The Defense Department said Dec. 29 that the contract includes warfare, campaign and mission-level analyses and assessments, modeling and simulation, and support...

SAIC Founder Robert Beyster Dies at Age 90

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Dr. Robert Beyster, the iconic founder of Science Applications International Corp. (NYSE: SAI) and a legend in the GovCon sector, died Monday morning of natural causes at age 90, the family said on Beyster’s personal blog Monday. Beyster founded SAIC in 1969 as an employee-owned company and it has since grown to a company with $11 billion in annual revenue prior to its 2013 split into Leidos (NYSE:...

December 10 Market Close: GovCon Index Tumbles, SAIC Jumps for 2nd Straight Day

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The GovCon Index tumbled 2.055 percent — or 1.394 points — to close at 69.214 on a Wednesday that saw only two out of 30 companies on the index show gains: Science Applications International Corp. (NYSE: SAI) and Serco Inc. SAIC’s stock price increased for a second consecutive day after the company said its third-quarter revenue increased 2 percent year-over-year when excluding...

SAIC Reports Slight 3Q Revenue, Profit Bumps

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Science Applications International Corp. (NYSE: SAI) has reported financial results for the third quarter of the company’s 2015 fiscal year ended Oct. 31, 2014, almost a year after SAIC completed its separation from the company now known as Leidos (NYSE: LDOS). McLean, Virginia-based SAIC officially became an independent company on Sept. 27, 2013 during the first quarter of the 2014 fiscal...

DLA Issues 5-Month, $58M Maintenance IDIQ to SAIC

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The Defense Logistics Agency has awarded a five-month, $58 million contract to Science Applications International Corp. (NYSE: SAI) for continued maintenance, repair and operations services. SAIC will perform work in New Jersey through March 2015 under the firm-fixed-price, indefinite-delivery/indefinite-quantity, prime vendor contract, the Defense Department said Friday. Federal civilian agencies,...

Mark Escobar: SAIC Continues Defense Logistics Agency Support with $282M Contract

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Science Applications International Corp. (NYSE: SAIC) has been awarded a $282 million contract to continue helping the U.S. Defense Logistics Agency deliver maintenance, repair and operational services at military bases in Hawaii. SAIC and DLA will also work to provide MRO services to defense and federally-run facilities across Guam and Kwajalein Atoll in the western Pacific under the five-year contract,...

Mark Escobar: SAIC to Help Manage Supply Chain, Logistics at Navy Fleet Readiness Hubs

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Science Applications International Corp. (NYSE: SAIC) has won a potential 10-year, $240 million contract to provide supply chain management and logistics services to the U.S. Navy‘s fleet readiness centers. The FRCs work to maintain and repair naval aircraft, as well as build airframes, engines, components and support equipment for the Naval Aviation Enterprise, SAIC said Monday. The indefinite-delivery/indefinite-quantity...

Executive Mosaic Launches GovConIndex

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Executive Mosaic Inc. has launched the Executive Mosaic GovConIndex; a composite index that tracks 30 of the leading publicly traded Government Contracting (GovCon) Companies. The goal of the index is to measure the health and performance of the GovCon industry through changes in the aggregate price of the component stocks. The represented companies are many of the industry’s largest and most prestigious...

SAIC Lands $424M Defense Logistics Agency Maintenance, Operations Contract

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Science Application International Corp. (NYSE: SAIC) has won a $423.8 million contract with the Defense Logistics Agency to provide maintenance, repair and operations services to the U.S. military. The contract contains a two-year base period and two 18-month options, the Defense Department said Monday. The Fairfield, New Jersey-based company will perform the services for the U.S. Army, Navy,...