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Raytheon-Vista JV Forcepoint Appoints Matthew Moynahan as CEO


Forcepoint, a cybersecurity product joint venture of Raytheon (NYSE: RTN) and Vista Equity Partners, has appointed Matthew Moynahan as CEO effective May 9. Forcepoint said Wednesday Moynahan will bring 20 years of experience in information technology, cloud services and security intelligence, as well as a background in sales and management. Moynahan will succeed …

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USRA Lands $193M NASA Contract to Support Ames Research Center


Universities Space Research Association has secured a two-year, $193 million contract from NASA to provide academic and university-based program and project support for Ames Research Center’s science and engineering teams. The nonprofit research company will aid the center’s efforts to meet mission requirements for research and development, technology deployments and operational science …

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Former ICF SVP Dave Cogar Joins DRT Strategies as President; Susan Kidd Comments


Virginia-based management consulting company DRT Strategies has appointed Dave Cogar as its new president. Cogar joined the company in February and has brought more than 25 years of experience as a P&L executive in line with CEO Susan Kidd’s goals to recruit and position senior leaders to support the company’s growth strategy, DRT said …

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Air Force Awards SpaceX $83M GPS III Satellite Launch Service Contract


Elon Musk’s SpaceX has won a two-year, $82.7 million contract to help the U.S. Air Force build and launch a rocket to send a Global Positioning System III satellite into orbit. The Air Force Space and Missile Systems Center received two bids for the firm-fixed-price contract that covers GPS III launch vehicle production, mission integration and operational …

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April 27 Market Close: GovCon Index Boosted By Defense Prime Gains After 1Q Earnings Reports


The GovCon Index soared 1.396 percent to 77.998 Wednesday on a series of pre-market earnings reports from several large defense prime contractors as Boeing (NYSE: BA) overcame an early morning decline to close in positive. GovCon Wire posted a summary of all six GovCon Index-related earnings figures plus that of United Technologies Corp. (NYSE: UTX) …

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ManTech Tops Wall Street 1Q Earnings & Revenue Forecast; CACI Misses Analyst 3Q Sales Outlook


Fairfax, Virginia-based government services contractor ManTech International (NASDAQ: MANT) exceeded the consensus analyst estimate for first quarter earnings and revenue, while Arlington-headquartered CACI International (NYSE: CACI) missed Wall Street’s sales outlook for its fiscal third quarter. Both companies are listed in Executive Mosaic’s GovCon Index of 30 publicly-traded government contractor stocks. ManTech reported January-March earnings at 35 …

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Roger Krone: SETA Service Contracts Minimal in Leidos-Lockheed IS&GS Combination


The merger of Leidos Holdings (NYSE: LDOS) with Lockheed Martin‘s (NYSE: LMT) information systems and global solutions business involves “one or two” contracts for systems engineering and technical assistance service work that has largely been spun out of the latter company, Leidos CEO Roger Krone told investors Tuesday. Krone said Lockheed shifted …

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Robert Hahn Joins LexisNexis Reed Tech Subsidiary as Govt Solutions President

Reed Tech (1)

Robert Hahn, formerly vice president of citizen and defense services at Serco Group‘s subsidiary in North America, has been named president of government solutions at LexisNexis’ Reed Technology and Information Services subsidiary. Hahn will work to provide strategic direction for Reed Tech and help the company expand its business with …

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GovCon Index Defense & Services Primes Report Mixed 1Q Earnings; Boeing Misses


Six companies listed in Executive Mosaic’s GovCon Index plus another large non-GCI government contractor reported their latest quarterly earnings statements before U.S. financial markets opened Wednesday. Of those seven total, six posted results for the first quarter of their respective fiscal years that run on a calendar basis, with one for the second …

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3 Companies Win Spots on $809M Navy Business Process, Data Services IDIQ


Science Applications International Corp. (NYSE: SAIC), Herdt Consulting and PSI Pax have been selected to compete for business process and data support orders from the U.S. Navy under a potential five-year, $809.5 million indefinite-delivery/indefinite-quantity contract. The Defense Department said Tuesday the contract includes enterprise resource planning program support to the Naval Supply Systems Command Business Systems …

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