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Dynetics Appoints Ronnie Chronister as Contracts VP

Ronnie Chronister, formerly director of Army, cyber and missile defense programs at Dynetics, has been named vice president of contracts at the Huntsville, Alabama-based engineering, applied science and information technology contractor. He will succeed Sallie Patterson, who will retire from Dynetics after a 19-year career there, the company said Wednesday. Chronister has a more than 32-year …

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Joe Kopfman: American Systems Eyes Business Dev’t, M&A Initiatives in Push for Growth

TYSONS CORNER, VA, Jan. 27, 2017 — Joe Kopfman, American Systems‘ chief compliance officer and executive vice president for contracts and administration, has stated that the company will work to drive growth through its business development and mergers and acquisitions initiatives. The company’s business development efforts will target large prime opportunities that …

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Lynn Dugle: Engility Shifts to Organic Growth Focus, Seeks $5B in New Bids

Engility Holdings (NYSE: EGL) expects to start seeing some organic sales growth in the second half of this year as the company has finished the integration of fellow government services contractor TASC one year out from that acquisition’s closure, CEO Lynn Dugle told investors Thursday. Chantilly, Virginia-based Engility has nearly $3.5 billion …

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Engility Issues FY 2016 Guidance Below Wall Street Forecasts

Engility Holdings (NYSE: EGL) — one of 30 companies listed on Executive Mosaic’s GovCon Index — issued its fiscal year 2016 earnings and revenue guidance Thursday below the consensus Wall Street analyst estimates for both figures. The Chantilly, Virginia-based government services contractor said it sees earnings of between $1.00 and …

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May 21 Market Close: GovCon Index Dips, US Stocks Rise on Uneven Economic Reports

The GovCon Index closed with an even mix of gainers and laggers for Thursday’s trading session to record a loss of 0.149 points and close at 75.394. Major U.S. stock indices closed up Thursday after positive earnings reports from Salesforce and Best Buy and gains in energy shares offset economic reports …

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Health Net Gov’t Contract Revenue Jumps 7% in 1Q, Total Sales Up 28%

Health Net (NYSE: HNT) — one of 30 companies listed in Executive Mosaic’s GovCon Index — has announced financial results for the first quarter of its 2015 fiscal year ended March 31, 2015. The Los Angeles-based managed healthcare services company said its revenue from government contracts increased 7.37 percent from the prior year period …

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Lockheed Lands USAF C-130 Aircrew, Weapon Training Contracts; Jim Weitzel Comments

Lockheed Martin (NYSE: LMT) has been awarded more than $80 million in contracts to provide C-130 flight training systems and services to the U.S. Air Force. The company said Monday it will deliver a weapon systems trainer and a loadmaster part-task trainer for the C-130J transport aircraft at a U.S. …

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SAIC Posts 1% 4Q Revenue Increase; Tony Moraco Comments

Science Applications International Corp. (NYSE: SAIC) has announced financial results for its fourth quarter and full 2015 fiscal year ended Jan. 30, 2015. The McLean, Va.-based engineering and technical services contractor said revenue increased 1 percent for the quarter to $941 million from the prior year period, a figure that excludes …

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SAIC, Lafayette Group Awarded Navy Comms Interoperability Support Contracts

The U.S. Navy has awarded a $92.7 million contract to Lafayette Group and an $83.8 million contract to Science Applications International Corp. (NYSE: SAIC) to support interoperable communications of government and non-governmental organizations. Each cost-plus-fixed-fee contract will run through March 22, 2019, and covers communications interoperability technical assistance and research …

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Sudhakar Kesavan: ICF Sets Contract Booking Record in FY 2014 as Firm Reports 11% FY 2014 Revenue Bump

ICF International (NASDAQ: ICFI) has announced financial results for the fourth quarter and its 2014 fiscal year ended Dec. 31, 2014. The Fairfax, Va.-based consulting firm said its revenue for the year increased 11 percent to $1.05 billion and profit rose 10 percent to $43.8 million. Profit figures exclude acquisition …

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