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Tag Archives: Commerce Department

April 29 Market Close: GovCon Index Falls, Economic Growth Report Sends Stocks Down

GovConIndexDOWN

The GovCon Index mirrored across-the-board losses in U.S. stock markets Wednesday with a decline of 0.678 points to end the day at 74.831. General Dynamics (NYSE: GD), the index’s biggest gainer, saw its stock price jump 3.78 percent after the company reported a 7-percent increase in first quarter 2015 revenue from ...

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Accenture Closes Agilex Buy; David Moskovitz Comments

David Moskovitz

Accenture’s (NYSE: ACN) federal services subsidiary has wrapped up the purchase of Agilex Technologies in a move to grow its analytics, cloud and mobility offerings for federal agency clients. David Moskovitz, Accenture Federal Services CEO, said Thursday the company intends for the acquisition to help “federal clients make the digital transformation ...

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March 25 Market Close: GovCon Index Nosedives After Durable Goods Report Shows Decline

GovConIndexDOWN

The GovCon Index closed in negative territory for the third consecutive day this week with a loss of 2.271 percent to end up at 68.195. Engility Holdings (NYSE: EGL) and Navistar (NYSE: NAV) were the only Index companies to see their stock prices rise Wednesday. U.S. stock markets largely went into selloff mode after the Commerce Department said durable ...

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March 24 Market Close: GovCon Index Dips as Dollar, Oil Figures Rise

GovConIndexDOWN

The GovCon Index closed at a coss for a second consecutive day Tuesday as it recorded a decline of 0.318 points to 69.709. A 6-cent increase in crude oil and another increase in the U.S. dollar against other currencies drove U.S. trading activity Tuesday on a day that saw stocks decline, according to CNBC. Stocks traded ...

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February 27 Market Close: GovCon Index Ends February With Loss

GovConIndexDOWN

The GovCon Index closed the last trading day of February with a loss of 0.677 points to 69.615. ICF International (NASDAQ: ICFI) was the biggest gainer after the company reported an 11-percent increase in revenue for its full 2014 fiscal year. Commerce Department data released Friday said the country’s gross domestic ...

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NTIA Vet Karl Nebbia to Lead Alion’s Wireless Spectrum Services Business; Rob Hirt Comments

Karl Nebbia

Karl Nebbia, former head of the National Telecommunications and Information Administration‘s spectrum management office, has joined Alion Science and Technology to lead the firm’s wireless spectrum services unit. He led NTIA’s spectrum management office between 2007 and 2014 as associate administrator and joins the company as it pushes to build its spectrum ...

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Simon Szykman Joins Attain as Federal Services Division CTO; Manish Agarwal Comments

Simon-Szykman

Simon Szykman, former chief information officer at the Commerce Department, has joined Attain LLC as chief technology officer of the company’s federal services division. Szykman will oversee Attain’s strategic corporate partnerships and go-to-market strategies, Attain said Friday. “As federal services CTO, Simon will play an integral role in Attain’s mission to deliver market leading results to our ...

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DigitalGlobe Targets $400M Hi-Res Satellite Imagery Market; Yancey Spruill Comments

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DigitalGlobe Inc. (NYSE: DGI) is seeking to enter the higher-resolution satellite imagery global market which is worth around $400 million annually, Reuters reported Friday. Abhirup Roy and Mridhula Raghavan write DigitalGlobe last year applied with the Commerce Department for a permit to increase the resolution of its images from 50 ...

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Lisa Hook: Neustar Extends Deal to Run US Domain Name for Commerce Dept

Lisa Hook

Neustar (NYSE: NSR) will continue to administer the official domain name of the U.S. under a potential five-year contract extension with the Commerce Department. The company has managed the domain since 2001 and will be responsible for handling a network of registrars selling the .US domain names under the contract, Neustar ...

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OPM and SBA Pick Up New CIOs in Donna Seymour and Renee Macklin

Donna Seymour, OPM - ExecutiveMosaic

Renee Macklin has been named the new chief information officer of the Small Business Administration, Federal News Radio reports. Macklin joins SBA from the Commerce Department’s International Trade Administration. Jason Miller writes that her predecessor Chase Garwood will return to the Department of Homeland Security as part of the Science and Technology ...

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