November 21 Market Close: GovCon Index Up as Investors React to China, Europe Moves

GovConIndex
The GovCon Index ended the last full trading week before this year’s Thanksgiving holiday with a modest gain of 0.687 percent Friday to close at 69.600. According to the Wall Street Journal, U.S. stocks made gains that reflected how investors reacted to comments from the European Central Bank’s chief that its stimulus program could grow in an effort to jump-start growth. China’s...

Engility to Help Navy Engineer Air Warfare Systems; Tony Smeraglinolo Comments

Tony Smeraglinolo
Tony Smeraglinolo Engility Holdings (NYSE: EGL) has won a three-year, $61 million contract to perform research, development and engineering services for the Naval Air Warfare Center’s weapons division. The company said Friday it will also help NAWCWD evaluate systems design, manage technical activities and field new technology. Tony Smeraglinolo, Engility president and CEO, said the contract...

Air Force Awards 9 Spots on $800M Advisory Services IDIQ

Contract
Nine companies have won positions $800 million contract to jointly advise and assist the U.S. Strategic Command in the organization’s mission areas. Awardees will perform work at Offutt Air Force Base inNebraska through Nov. 30, 2019 under the indefinite-delivery/indefinite-quantity contract, the Defense Department said Thursday. The Air Force received 11 offers for the Systems and Mission...

Orbital Sciences to Support NASA Ionosphere Monitoring Spacecraft Launch

Orbital1
Orbital Sciences Corp. (NYSE: ORB) has won a $56.3 million task order to help NASA launch a satellite intended to study the boundary region between Earth’s upper atmosphere and space. The company will process the Ionospheric Connection Explorer satellite as well as integrate payloads and install telemetry, data and tracking systems in the spacecraft, NASA said Thursday. ICON is scheduled for...

InfoReliance to Help HHS Move to Microsoft Office 365; Eric Olson Comments

Cloud
InfoReliance has received a potential five-year, $92 million blanket purchase agreement to support the Department of Human and Health Services‘ migration of email and enterprise collaboration systems to the cloud-based Microsoft Office 365. The company said Thursday it will provide HHS with email-as-a-service as the agency aims to transition to the Microsoft (NASDAQ: MSFT) government community...

Randa Newsome to Succeed Keith Peden as Raytheon HR, Security VP; Thomas Kennedy Comments

Randa Newsome
Randa Newsome Randa Newsome, formerly a vice president at Raytheon‘s (NYSE: RTN) integrated defense systems unit, will serve as the company’s VP of human resources and global security beginning on Jan. 1. The 13-year company veteran succeeds Keith Peden, who will retire from the company after a 21-year career, Raytheon announced Thursday. “Randa is well positioned to lead the progression...

November 20 Market Close: GovCon Index Stays Flat, US Stocks Rise

GovConIndex
The GovCon Index recorded a nominal increase Thursday to close at 69.118 — 0.005 percent up from Wednesday. Bloomberg reported that energy and small-cap shares drove gains across the U.S. stock market Tuesday, increases that offset investors’ worries over weak growth worldwide. A purchasing managers’ index for factories and services activity in the Eurozone reached its lowest...

Louis Addeo, ManTech EVP, to Retire at Year’s End

Louis Addeo
Louis Addeo Louis Addeo, executive vice president of corporate development and strategic acquisitions at ManTech International (NASDAQ: MANT), plans to retire from the company on Dec. 31. He informed the company of his plans Monday, according to a Securities and Exchange Commission filing. The news was first reported by Jill Aitoro of the Washington Business Journal. Addeo has held his current role...

Patrick Antkowiak Promoted to CTO, Corporate VP at Northrop

Patrick Antkowiak
Patrick Antkowiak Patrick Antkowiak, formerly a vice president and general manager at Northrop Grumman‘s (NYSE: NOC) electronic systems sector, has been promoted to chief technology officer and a corporate VP by the company’s board of directors with immediate effect. The company said Thursday that Antkowiak, a 33-year Northrop veteran, will develop and oversee the company’s technology...

CACI Lands $182M NAVSEA Procurement, Logistics Support Contract; Ken Asbury Comments

Ken Asbury
Ken Asbury CACI International (NYSE: CACI) will provide acquisition and logistics support services to the U.S. Navy‘s Naval Sea Systems Command under a potential five-year, $182 million contract. The contract contains one base year, two option years and two award term years and was awarded through the SeaPort Enhanced vehicle, CACI said Thursday. Ken Asbury, CACI president and CEO, said the company...