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Tag Archives: infrastructure

November 30 Market Close: GovCon Index Retreats, Ends Best Month Since July as US Stocks Stay in Tight Range


Executive Mosaic’s GovCon Index retreated Wednesday on declines by large prime and middle-tier services contractors that offset a surge by McKesson Corp. (NYSE: MCK) in a session that saw U.S. stocks trade in narrow range to close the month of November. U.S. market activity was dominated by the agreement among OPEC countries to reduce …

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Former Honeywell Defense & Space Chief Carey Smith Joins Parsons as Federal Unit Head

Carey Smith

Carey Smith, former president of Honeywell‘s (NYSE: HON) defense and space business, has joined Parsons Corp. as president of the Pasadena, Calif.-based engineering and infrastructure services contractor’s U.S. federal business unit. Parsons said Tuesday Tom Roell will return to his full-time post as vice chairman and chief risk adviser after …

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November 18 Market Close: GovCon Index Narrowly Green to Close 2nd Straight Weekly Gain


Executive Mosaic’s GovCon Index posted a small gain Friday to register its second consecutive weekly gain on continued positive sentiment among investors toward defense stocks compared to other sectors. U.S. stocks traded lower Friday on healthcare sector declines to continue the slowdown in markets from the post-election rally but the S&P 500 …

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November 14 Market Close: GovCon Index Posts 4th Straight 1%-Plus Gain, AECOM Surges on CEO’s Infrastructure Comments


Executive Mosaic’s GovCon Index added at least 1 full percent for a fourth consecutive session Monday to new all-time high as defense primes continued to lead gainers and construction company AECOM (NYSE: ACM) also climbed after its CEO offered investors a positive outlook on U.S. infrastructure spending. GovCon Index gainers outnumbered …

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Parsons-CH2M JV to Support Water Infrastructure Program in Washington


TYSONS CORNER, VA, Aug. 25, 2016 — A joint venture of Parsons and CH2M will provide services for the repair of underground water infrastructure in Washington, D.C., and surrounding areas under a five-year contract from the District of Columbia Water and Sewer Authority, ExecutiveBiz reported Wednesday. CH2M said Wednesday the contract covers program management support …

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Parsons Names Vice Chairman Tom Roell to Interim Federal Leadership Post

Tom Roell

Thomas “Tom” Roell, vice chairman and chief risk adviser at Parsons Corp., has been appointed interim president of the Pasadena, California-based engineering and construction services contractor’s federal business unit and will maintain his other current roles for the company. Parsons said Wednesday Roell will continue to be based at the company’s …

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Parsons’ Biff Lyons Named to Critical Infrastructure Tech Institute Fellows Program

Biff Lyons

TYSONS CORNER, VA, June 14, 2016 — Biff Lyons, executive vice president and manager of Parsons‘ federal defense and security division, has been named a fellow in the Institute for Critical Infrastructure Technology’s Fellows Program along with other company officials, ExecutiveBiz reported Friday. Parsons said Thursday the other new ICIT fellows are Josh Salmanson and Juan …

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Aleut Awarded $395M Air Force Contract for Cape Canaveral Infrastructure Support

Air Force

Colorado Springs, Colorado-based engineering consultant firm Aleut O&M Services has landed a $395 million contract to provide launch operations and infrastructure support to the U.S. Air Force. The indefinite-delivery/indefinite-quantity contract calls for Aleut O&M to provide facility and system operations, maintenance and engineering services at Cape Canaveral Air Force Station, the Defense Department said …

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AT&T, Partners Use Internet of Things to Create More Connected Communities


TYSONS CORNER, VA, January 7, 2016 — AT&T (NYSE: T), Cisco (Nasdaq: CSCO), Deloitte, IBM (NYSE: IBM), Intel (Nasdaq: INTC), General Electric, Ericsson and Qualcomm Technologies have tied up in support of AT&T’s strategy to help local governments create more connected communities, ExecutiveBiz reported Wednesday. AT&T said Tuesday it will provide Internet of Things platforms …

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Parsons Eyes Growth Through Reorganization, Names Mary Ann Hopkins Federal Unit Head

Mary Ann Hopkins

TYSONS CORNER, VA, January 6, 2016 — Parsons has reorganized its business structure into five units that will work to drive growth opportunities as part of the company’s Forward initiative, ExecutiveBiz reported Tuesday. Parsons said Monday Mary Ann Hopkins, president of its government services group, will head the new federal unit …

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