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Tag Archives: energy

Army Awards Black & Veatch $70M Ballistic Missile Defense Program Support IDIQ

MissileDefense

Black & Veatch has won a potential five-year, $70 million contract to perform architectural and engineering services for the U.S. Army’s ballistic missile defense program. The Defense Department said Thursday that Black & Veatch’s special projects business will carry out work through May 18, 2021, with funding and location based on each individual task order. The …

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Siemens’ Alan Bloodgood: Gov’t Eyes Renewable Energy, Distributed Energy Systems, Energy Security

Alan Bloodgood

TYSONS CORNER, VA, May 19, 2016 — Alan Bloodgood, a senior vice president at Siemens‘ U.S. federal government subsidiary, believes the federal sector will see an uptick in focus on renewable energy, distributed energy systems and energy security, ExecutiveBiz reported Tuesday. Bloodgood, who oversees energy and infrastructure business development at Siemens Government …

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AECOM 2Q Revenue Below Street Forecast on Energy Market Downturn, Earnings Top Analyst Outlook

AECOM

AECOM Technology (NYSE: ACM) — one of 30 companies listed in Executive Mosaic’s GovCon Index — has reported second quarter revenue below Wall Street’s forecasts on a downturn in construction sales to energy sector customers as earnings topped analyst expectations. The Los Angeles-based engineering and construction contractor said revenue for the January-March period …

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Blank Rome Names Former DOE Execs Spencer Abraham, Joseph McMonigle as Principals

Blank Rome logo

Spencer Abraham, former Energy secretary, and Joseph McMonigle, former vice chairman of the International Energy Agency, have joined Blank Rome Government Relations as principals. The Pennsylvania-based law firm said Monday Abraham and McMonigle’s new roles entail client assistance across a variety of areas including policy and political law, energy, energy financial services, maritime …

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May 9 Market Close: GovCon Index Turns Around Late AM & Noon Dip, Health Shares Lead Rally

GovConIndexUP

The GovCon Index hit negative twice during the late morning and noon hours of trade Monday but closed up 0.153 points to 77.359 on gains by healthcare stocks to help offset declines from energy and utility shares on lower oil prices. McKesson Corp. (NYSE: MCK) ended Monday as the GovCon Index’s largest net …

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May 3 Market Close: GovCon Index Sinks on Harris Guidance Cut, CACI’s Extended Slide as Northrop Gets Upgrade

GovConIndexDOWN

The GovCon Index held negative throughout Tuesday trade and closed at a decline of 0.489 points to 76.365 with Harris Corp. (NYSE: HRS) as the largest lagger after another full-year guidance cut by the military radio maker. Melbourne, Florida-based Harris fell 5.48 percent — or $4.43 — after the company reduced the 12-month revenue forecast in its …

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April 18 Morning Report: GovCon Index Caps Positive Week Amid Energy Shares Decline

GovConIndexUP

The GovCon Index closed Friday with a 0.386-point increase to 75.69, capping GCI’s third week in positive territory over the past four weeks. Energy shares saw a decline of at least 1 percent ahead of a meeting between the world’s largest oil producers Sunday to discuss measures to address a potential surplus in the global oil supply, CNBC …

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April 11 Morning Report: GovCon Index Posts Nominal Gain Friday on Energy Shares

GovConIndexUP

The GovCon Index closed Friday with a nominal gain of 0.197 points to 74.227, which gives the GCI a nominal 0.103-point decline from the previous week. While biotechnology stocks posted losses, energy shares saw a 6.6-percent climb in U.S. crude oil futures to $39.72 a barrel. Four of the five largest U.S. government contractors will …

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March 14 Market Close: GovCon Index Declines as US Stock Markets Hover Ahead of Fed 2-Day Meeting

GovConIndexDOWN

The GovCon Index failed to turnaround declines incurred during morning trade Monday and ended at a loss of 0.237 points to 73.743 as U.S. stocks hovered in and out of positive territory throughout the afternoon session. Investors have turned their attention to the Federal Reserve‘s two-day meeting Wednesday and Thursday with the priced-in odds …

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March 7 Market Close: GovCon Index Posts Decline, US Stocks Mixed on Tech Losses

GovConIndexDOWN

The GovCon Index failed to hold onto positive momentum from a midday spike barely above the gain line Monday and ended at a decline of 0.573 points to 73.385 in a mixed day for U.S. financial markets. Declines among defense product and platform manufacturers in the Index lagged compared to …

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