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Tag Archives: CSC

Weekly Roundup Jan. 25 – Jan. 29 2016: Leidos The New ‘Big One’ After Lockheed IT Biz Merger & more

LeidosLogo

Jan. 25 – Jan. 29 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Needless to say, we have a lot to address here after a heavy news week that featured news of government contracting’s largest merger this decade, plus a batch of 2015 earnings reports from …

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Investment Firm Platinum Equity Inks Deal to Buy PAE

PAE logo

Los Angeles-based investment firm Platinum Equity has agreed to purchase Arlington, Va.-based government services contractor PAE from New York City-headquartered private equity firm Lindsay Goldberg for an undisclosed sum in a deal the parties expect to close by February 2016, the companies said Monday. Lindsay Goldberg purchased PAE for $350 …

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Kurt Tripp, Christian Alexander Take Parsons Federal Group Leadership Roles; Mary Ann Hopkins Comments

Parsons

Parsons has appointed Kurt Tripp and Christian Alexander to new leadership roles within its newly-formed federal government business unit as part of the Pasadena, Calif.-based engineering and construction company’s realignment. Tripp, who joined Parsons in 2011, has been appointed senior vice president and manager of business development for the defense and security division, Parsons …

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Weekly Roundup Jan 4 – Jan 8 2016: Slow Start for GovCon Stocks in 2016 & more

GovConIndex

Jan. 4 – Jan. 8 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Any thoughts that the start of 2016 would be smooth sailing for U.S. government contracting stocks and financial markets have quickly been cast aside as volatility from 2015’s second …

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Former SRA CEO Bill Ballhaus Appointed Chairman, President & CEO of Blackboard

Bill Ballhaus

TYSONS CORNER, VA, January 7, 2016 — Blackboard has hired Bill Ballhaus, formerly president and CEO of SRA International, to chair its board of directors and serve as president and CEO, GovCon Executive reported Tuesday. Ballhaus brings senior leadership experience from his previous work at SRA, DynCorp International, BAE Systems, Boeing …

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Roundup of 2015: A Year Defined by Deals Ends w/ One in Congress & more

acquisition

Roundup of 2015 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson (This is the last edition of the Roundup for 2015. Thank you for your readership and participation, have a great Christmas & New Year’s and see you again in 2016.) $15 …

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Mario Bazan Joins Abt Associates as Client Technology Center VP

Mario Bazan

Mario Bazan, formerly vice president for technology at ICF International (Nasdaq: ICFI), has been appointed VP of the client technology center at Abt Associates. “[We] look forward [to] Mario providing valuable insight and strategic direction as we assist clients in leveraging information technology and executing sophisticated analyses to further policy …

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L-3 Agrees on $550M Gov’t Services Segment Sale to CACI

Computer-Engineering

New York City-based defense contractor L-3 Communications (NYSE: LLL) has agreed to sell its government services business segment to Arlington, Virginia-headquartered public sector services company CACI International (NYSE: CACI) for $550 million cash, the companies said Tuesday. The companies expect the transaction to close by March 2016 pending regulatory approvals and CACI said in investor slides …

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Weekly Roundup Nov 30 – Dec 4 2015: Lockheed Presses Pause on IT Biz Separation & More

lockheed martin

Weekly Roundup Nov 30 – Dec 4 2015 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson The world’s largest aerospace and defense contractor’s message to investors and other GovCon industry observers this week on the future of its government services business can …

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November 30 Market Close: GovCon Index Down 2% on CSRA’s First NYSE Trading Day

GovConIndexDOWN

The GovCon Index registered a decline of 2.234 percent — or 1.784 points — to 78.070 Monday as U.S. markets returned to full activity and new federal technology services contractor CSRA (NYSE: CSRA) started regular-way trading on the New York Stock Exchange. Falls Church, Virginia-based CSRA opened at $29.39 and ended …

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