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Tag Archives: ManTech

June 20 Market Close: GCI Soars 1%, Stocks With UK Presence Lift as Markets View Britain’s EU Exit as Unlikely

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The GovCon Index started the week of Britain’s vote on whether to stay in the European Union on the front foot with a Monday gain of 1.192 percent to 79.289 as global investors took positions that the U.K. public will vote against the “Brexit.” BAE Systems PLC‘s over-the-counter listing in the U.S. closed …

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Weekly Roundup June 13 – June 17 2016: ManTech’s Cyber Buy, CACI’s Satcom Win & more

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June 13 – June 17 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson   We shift our focus this week back to GovCon’s merger-and-acquisition environment with one new deal to digest and a second that has brought the purchaser a new landmark contract …

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CMS Picks 80 Companies for Potential $25B IT Services IDIQ

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The Centers for Medicare and Medicaid Services has awarded 80 companies positions on a potential 10-year, $25 billion contract vehicle the agency intends to use as its primary mechanism for acquisitions of information technology services via task orders. CMS released the list of awardees in a Wednesday FedBizOpps notice and said all operational divisions of its Cabinet parent Department …

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June 13 Morning Report: GCI Posts 4th Straight Weekly Gain on Strong Defense Contractor Stocks

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The GovCon Index closed Friday with a decline of 0.551 points to 79.942 but ended with its fourth consecutive weekly gain with a 1.20-percent increase. Upgrades to prime defense contractor stocks including L-3 Communications (NYSE: LLL) and strong performances from Boeing (NYSE: BA), General Dynamics (NYSE: GD) and Northrop Grumman (NYSE: NOC) helped drive the Index’s …

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May 24 Market Close: GovCon Index Posts 1% Rally as Services Providers Lead Gains

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The GovCon Index rallied 1.197 percent to 78.192 on gains led by the GCI’s services-focused contractors and defense prime Northrop Grumman (NYSE: NOC) on news that the U.S. lifted its embargo on weapons sales to Vietnam. Science Applications International Corp. (NYSE: SAIC) added 4.01 percent — or $2.10  — after analysts at Jefferies listed SAIC as one of …

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ManTech Secures Army Software Maintenance Contract; Daniel Keefe Comments

Daniel Keefe

TYSONS CORNER, VA, May 18, 2016 — ManTech International (Nasdaq: MANT) will provide biometrics software maintenance services to the U.S. Army under a $44.2 million contract, ExecutiveBiz reported Tuesday. The company said Monday the contract covers support to the Army’s Product Manager for Joint Personnel Identification – Quick Reaction Capability. “ManTech …

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May 16 Market Close: GovCon Index Posts 1% Gain as Markets Welcome Buffett’s Apple Stake

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The GovCon Index posted its second gain of more than a full point in three weeks Monday to close up 1.052 points — or 1.366 percent — to 78.090. Contractor stocks rode the wave of positivity in U.S. markets after Warren Buffett’s Berkshire Hathaway investment arm disclosed its now-$1 billion stake in Apple as of the first quarter’s …

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ManTech Lands MDA Contract for Advisory Support to Counterintelligence Programs

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TYSONS CORNER, VA, May 12, 2016 — ManTech International (Nasdaq: MANT) will provide advisory services in support of the Missile Defense Agency‘s counterintelligence programs under a potential $32.1 million contract, ExecutiveBiz reported Wednesday. The Defense Department said Tuesday the company will support MDA programs that work to detect, identify and neutralize …

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May 2 Market Close: GovCon Index Up on L-3 Upgrade as Defense Primes Follow

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The GovCon Index started the first week of May with a gain of 0.493 points to 76.854 in an attempt at a recovery from two days of sharp losses incurred Thursday and Friday for the final days of April trade. Cubic Corp. (NYSE: CUB) closed up 6 cents to $41.63 with 309,200 shares traded …

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April 28 Market Close: GovCon Index Reverses Course, Plunges 1% on CACI Guidance Cut

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The GovCon Index had all of its Wednesday gains wiped out in Thursday trade with a sharp decline of 1.482 percent to 76.842 after a third-quarter revenue miss and guidance cut from government services contractor CACI International (NYSE: CACI). Arlington, Virginia-based CACI brought down the high ends of both its full-year …

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