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Tag Archives: SAIC

Navy Selects 5 Companies for Potential $156M Joint Staff C4, Cyber Support IDIQ

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The U.S. Navy has awarded five companies spots on a potential $155.8 million indefinite-delivery/indefinite-quantity contract to provide a range of support services for the Joint Staff J6 Directorate’s C4/Cyber program. The Defense Department said Tuesday contractors will vie for analytical, engineering and program management task orders over a 60-month ordering period. Work will occur at Eglin …

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August 22 Market Close: GovCon Index Rises Against Choppy US Stock Trade

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Executive Mosaic’s GovCon Index recovered from a slightly negative open Monday and held positive against choppy activity in U.S. stock markets as speculation over the next interest rate hike continued to dominate investors’ attention. GovCon Index gainers outnumbered laggers and unchanged stocks by a 2-to-1 ratio and eight of the GCI’s 11 …

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August 15 Market Close: GovCon Index Hits Record Close Again as Defense Primes Rise

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Executive Mosaic’s GovCon Index closed at another all-time high Monday with 28 out of 30 companies including all 11 S&P 500-listed stocks in green and middle- to large-tier defense contractors as the session’s top advancers. L-3 Communications (NYSE: LLL) led all net gainers after the military technology maker was selected by Drexel Hamilton …

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Former Army Centcom Chief James Terry Joins Cubic in Defense BD SVP Post, Eric Carr Gets Promotion

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Cubic Corp. (NYSE: CUB) has appointed former U.S. Army Central Command leader James Terry to a senior vice president role in the contractor’s global defense business segment and also promoted Eric Carr, formerly vice president and deputy general manager for integrated training services, to the SVP ranks also. Cubic said Monday that Terry, a retired Army lieutenant general, will …

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August 11 Market Close: GovCon Index Swings Positive on Orbital ATK Rebound & Lockheed Rise

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Executive Mosaic’s GovCon Index staged a rally Thursday to barely miss a new record close as Orbital ATK (NYSE: OA) regained some ground from a record plunge in the previous session and Lockheed Martin (NYSE: LMT) rose to a new 52-week high in intraday trade. The Index closed 0.179 points shy of the …

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August 9 Market Close: GovCon Index Rebounds, AECOM Down on 3Q Revenue Miss

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Executive Mosaic’s GovCon Index rebounded Tuesday with gainers outnumbering laggers by a roughly 4-to-1 ratio against a largely choppy day for U.S. stocks as the general financial markets continue to struggle for direction. Ten of the GCI’s 11 S&P 500-listed stocks closed in green with McKesson Corp. (NYSE: MCK) the best net …

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SAIC Develops Framework for Cloud Migration at Gov’t Agencies

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TYSONS CORNER, VA, Aug. 5, 2016 — Science Applications International Corp. (NYSE: SAIC) has created a multi-tiered cloud migration methodology for government agencies that plan to move their information systems to a cloud environment, ExecutiveBiz reported Thursday. The company said Thursday Cloud Migration Edge utilizes tools from partners such as Amazon Web …

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August 2 Market Close: GovCon Index Down on Boeing & Services Stock Losses, Harris Jumps 2% on Jana Partners Board Pact

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Executive Mosaic’s GovCon Index traded downward Tuesday on sharp declines in Boeing (NYSE: BA) and major services-oriented contractors while Harris Corp. (NYSE: HRS) soared 2.71 percent on news of its board of directors membership agreement with activist hedge fund Jana Partners. The GovCon Index declined 0.316 points to 82.184 and five of the GCI’s 11 S&P 500-listed stocks …

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July 27 Market Close: GovCon Index Gets Lift on CGI, GD & Boeing Earnings Beats

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Executive Mosaic’s GovCon Index advanced against choppy activity in the larger U.S. stock market Wednesday as five GCI stocks released quarterly financial results before the opening bell. The GovCon Index gained 0.223 points to 82.374 and four of the GCI’s 11 S&P 500-listed stocks moved higher as the latter stock market bellwether attempted a late charge into …

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July 25 Morning Report: GovCon Index Posts Friday Gain, Nominal 5-Day Decline Ahead of Q2 Reports

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Executive Mosaic’s GovCon Index closed Friday with a gain of 0.289 points to 81.788 but remained in the negative with a nominal five-day 0.031-point drop. The decline comes amid the large selloff of stocks in the defense and GovCon sectors Thursday as reports on second-quarter earnings among government contracting companies start coming in. GCI second-quarter reports Friday came …

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