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Tag Archives: CSC

May 20 Market Close: GovCon Index, US Stocks Rise After Fed Minutes Release

GovConIndexUP

The GovCon Index closed in positive territory Wednesday with a gain of 0.108 points to 75.543 on a day that saw investors react to the release of the Federal Reserve‘s April meeting minutes. Fed leaders expressed doubt over the possibility of an interest rate hike by June and U.S. stocks traded after those minutes went public but ...

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CSC Board Approves Plan for Separate Commercial-, US Public Sector-Focused Companies

CSC-logo_GovConWire

The board of directors at Computer Sciences Corp. (NYSE: CSC) has approved a plan to divide the Falls Church, Va.-based technology and services contractor into two separate publicly-traded companies: one solely focused on the U.S. public sector, with another for commercial enterprises and non-U.S. government agencies. CSC said Tuesday it expects to complete the ...

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20 Companies Win Spots on $8B NETCENTS-2 Infrastructure Services IDIQ

data center

Twenty companies have landed spots on a potential $7.9 billion contract to provide network operations and infrastructure support services across the U.S. Air Force enterprise. Contractors will compete to perform work during the three-year ordering period for this portion of the Network-Centric Solutions-2 program, the Defense Department said Friday. The ...

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May 18 Morning Report: GovCon Index Down on Friday’s Close

GovConIndexDOWN

The GovCon Index closed slightly down Friday to 75.148 for a change of 0.078 percent. The Dow Jones Industrial Average rose 0.11 percent to 18,272.56, the Standard & Poor’s 500 composite index gained 0.04 percent to 2,122.02 and the NASDAQ composite index lost 0.05 percent to 5,048.29. Top Percentage Gainers   Company   Stock Price   ...

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May 15 Market Close: GovCon Index Down in a Mixed Market

GovConIndexDOWN

The GovCon Index closed slightly down Friday to 75.148 off 0.079 percent. The S&P 500 Index reached a second day of record closing in spite of consumer confidence falling reported Bloomberg. US Markets closed mixed with minor changes from the day prior. The Dow Jones Industrial Average increased 0.11 percent to ...

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PAE Signs Deal to Buy A-T Solutions in Nat’l Security Growth Push; John Heller Comments

John Heller

Arlington, Va.-based infrastructure and logistics services contractor PAE has agreed to purchase counterterrorism services provider A‑T Solutions from owners CI Capital and CoVant for an undisclosed sum. PAE said Thursday it expects to close the transaction, which is subject to regulatory approvals, by the end of May and intends to build up its national ...

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ManTech Buys Welkin Associates From CSC; George Pedersen Comments

George Pedersen

ManTech International (NASDAQ: MANT) has acquired former Computer Sciences Corp. (NYSE: CSC) subsidiary Welkin Associates under a $34 million cash transaction as ManTech eyes engineering opportunities with the defense and intelligence sectors. ManTech said Tuesday Welkin will be part of its mission, cyber and intelligence solutions group under the leadership of Bill Varner. “This ...

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Philippe Houssiau: CSC Enters Patient Care Coordination Contract in North U.K.

CSC-logo_GovConWire

TYSONS CORNER, VA April 24, 2015 — Executive Mosaic — ExecutiveBiz reported Thursday on Computer Science Corp. (NYSE: CSC) being selected to help the British National Health Service manage patient communications, provide clinical workflow and analyze care delivery in Trafford, north of England. Philippe Houssiau, vice president for U.K. healthcare at ...

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April 23 Market Close: GovCon Index Stalls, Earnings Drive US Stocks Up

GovConIndexDOWN

The GovCon Index dipped into negative territory Thursday to close down 0.103 points at 76.139. Investors reacted positively to financial reports from blue chip technology stocks such as IBM (NYSE: IBM) and Caterpillar (NYSE: CAT) after stocks traded lower in the morning session, according to CNBC. The Dow Jones Industrial Average gained 20.42 points to 18,059.69, the S&P ...

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April 22 Market Close: GovCon Index Stretches Gain Streak to 3 Days

GovConIndexUP

The GovCon Index rose for a third consecutive day Wednesday as it recorded a gain of 0.164 points to close at 76.242. U.S. stock markets traded in positive territory Wednesday after a new report showed sales of existing homes grew 6.1 percent in March from February to hit the highest level in 18 ...

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