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Tag Archives: financial

July 18 Market Close: GovCon Index Slightly Down Ahead of Lockheed 2Q Earnings Report

GovConIndexDOWN

Executive Mosaic’s GovCon Index traded lower Monday and the U.S. stock bellwether S&P 500 composite index closed at a new all-time record as investors mulled new second quarter earnings reports as many GCI companies prepare to state their April-June results. The GovCon Index closed down 0.233 points to 81.586 with four of the GCI’s …

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April 14 Market Close: GovCon Index Descends to Loss in Afternoon Trade

GovConIndexDOWN

The GovCon Index descended into narrow range in a choppy afternoon trading session Thursday and closed at a nominal decline of 0.093 points to 75.306 as U.S. investors paused to gauge markets’ rally over Tuesday and Wednesday. Financial shares posted a fifth-straight positive day on earnings from banks that exceeded Wall Street’s expectations. …

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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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April 17 Market Close: GovCon Index Plummets 1%, Stocks Fall on Greece Reports

GovConIndexDOWN

The GovCon Index hit a 15-day low Friday as it closed with a decline of 1.439 percent — or 1.064 points — to end the day at 75.027. McKesson (NYSE: MCK) was the only Index company to see its stock price rise Friday. Investors showed concerns over reports that Greece could …

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Former IRS, VA Official Todd Grams Heads to Deloitte’s Federal Services Practice

Todd Grams

Todd Grams, former chief of staff at the Internal Revenue Service, has joined Deloitte Federal Government Services and will work with agencies on initiatives in areas such as enterprise risk management and financial management. Grams, also a former chief information officer and chief financial officer at the IRS, returned to the …

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Bonnie Cook Promoted to ManTech Mission Solutions, Services Group EVP Role

Bonnie Cook

Bonnie Cook, a 25-year veteran of ManTech International (NASDAQ: MANT), has been promoted to serve as executive vice president of business operations for the company’s mission solutions and services group. Her previous roles at ManTech included responsibility for helping manage financial operations and to integrate acquisitions, ManTech said Tuesday. As …

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Jason Aiken Appointed General Dynamics CFO, Hugh Redd to Retire

general dynamics logo

Jason Aiken, senior vice president and chief financial officer of General Dynamics‘ (NYSE: GD) Gulfstream subsidiary, has been elected by the board of directors to serve as CFO of General Dynamics starting Jan, 1. 2014. The 11-year company veteran will succeed Hugh Redd, who will retire from the company after …

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Acentia Purchases IT Firm InSysCo for Financial Services Market Push; Todd Stottlemyer Comments

acquisition

Acentia has acquired Fredericksburg, Va.-based information technology services provider InSysco for an undisclosed amount as part a strategy to grow financial services offerings to federal agencies. InSysCo holds a prime position on the Treasury Department‘s Treasury Information Processing Support Services 4 contract vehicle and provides software development services to clients, …

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David Keffer Named SRA Corporate Controller

SRA logo

David Keffer, a former business group chief financial officer at SRA International, has been promoted to corporate controller at the Fairfax, Va.-based technology services contractor. Keffer will be responsible for financial planning and analysis, treasury and corporate accounting in his new position, SRA said Wednesday. The 10-year company veteran will …

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TASC to Analyze SPAWAR Costs; Scott Heefner Comments

TASC

TASC has won a potential $40.5 million contract from the U.S. Navy to analyze and estimate costs for the Space and Naval Warfare Systems Command. The contract contains one base year, two option years and two award term years, TASC said Wednesday. Scott Heefner, vice president of TASC’s financial and …

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