Home / Tag Archives: SAIC

Tag Archives: SAIC

September 23 Market Close: GovCon Index Rally Halted, Posts Weekly Gain as Energy Weighs on US Stocks

GovConIndexDOWN

Executive Mosaic’s GovCon Index dropped Friday but registered a weekly gain as U.S. stocks took a break from their two-day surge after the Federal Reserve left interest rates unchanged Wednesday. The post-Fed decision rally helped the GCI add 2.57 percent over five days with its S&P 500-listed companies and other large defense platform makers among the drivers of gains as …

Read More »

Weekly Roundup September 19 – September 23 2016: KBR Becomes Major Govt Services Player & more

KBRlogo

September 19 – September 23 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson KBR’s expansion move into the U.S. and global government services markets became official on Monday when the Houston-based engineering company closed its $300 million purchase of the business known as …

Read More »

SOS International Names New VP for Business Development

SOS International

TYSONS CORNER, VA, Sept. 23, 2016 — SOS International has promoted Mike Franz, director of business development, to vice president for business development as Jim Edwards moves on to take a job with the U.S. government, GovCon Executive reported Thursday. The company said Thursday Franz has worked with Leidos (NYSE: LDOS) and Science Applications International Corp. …

Read More »

September 22 Market Close: GovCon Index Extends Post-Fed Rate Decision Gains, KBR Joins GCI After Govt Services Acquisitions

GovConIndexUP

Executive Mosaic’s GovCon Index rose for a second straight session Thursday to extend gains on the Federal Reserve‘s Wednesday decision to leave interest rates unchanged on a mix of contributions from large defense platform makers and services-oriented contractors. Thursday also represented the GovCon Index’s first day of activity with KBR (NYSE: KBR) …

Read More »

IT Industry Vet Sujey Edward Named Octo Consulting CTO; Mehul Sanghani Comments

Sujey Edward

Sujey Edward, formerly vice president of Salient CRGT’s Agile Innovation Center and Agile Center of Excellence, has joined Octo Consulting Group as chief technology officer. He will report directly to Octo founder and CEO Mehul Sanghani and be responsible for the Tysons Corner, Virginia-based contractor’s information technology programs and implementation teams that assist …

Read More »

September 19 Market Close: GovCon Index Lifts, US Stocks Mixed Ahead of Fed Policy Summit

GovConIndexUP

Executive Mosaic’s GovCon Index rose Monday in an attempt to close above the 80-point barrier for the first time since Sept. 12 on gains by large defense primes and services-oriented companies. The GCI’s positive movement contrasted activity in U.S. financial markets as stocks turned south in the final hour of trade and closed mixed ahead …

Read More »

SAIC Wins $700M Chemicals, Petroleum & Lubricants Supply Contract From DLA

SAIC logo

Science Applications International Corp. (NYSE: SAIC) has won a potential 10-year, $700M contract to help the Defense Logistics Agency to supply chemicals, packaged petroleum, oils and lubricants to military and government organizations. SAIC will deliver the products to the U.S. Army, U.S. Navy, U.S. Air Force, U.S. Marine Corps, as well as federal civilian agencies and foreign military …

Read More »

September 19 Morning Report: GovCon Index Posts Friday, Weekly Drop Ahead of Fed Reserve Meeting

GovConIndexDOWN

Executive Mosaic’s GovCon Index closed in the negative Friday with a 0.953-percent or 0.760-point drop to 78.957. The Index also recorded a weekly decline ahead of the Federal Reserve‘s two-day meeting on Sept. 20 and 21. All of GCI’s S&P 500 stocks posted losses in Friday’s session while four registered gains for the week, with Honeywell …

Read More »

September 16 Market Close: GovCon Index Down, Ends Week at Loss Ahead of Fed Rate Summit

GovConIndexDOWN

Executive Mosaic’s GovCon Index held negative Friday to end at a weekly decline as U.S. stock markets extended the current stretch of sharp swings between gains and losses as the Federal Reserve‘s next two-day meeting looms for Tuesday and Wednesday. Decliners outnumbered advancers 9-to-1 and all of the GovCon Index’s S&P …

Read More »

Weekly Roundup September 12 – September 16 2016: The Stock That Lifts During Rate Hike Chatter & more

SAIC logo

September 12 – September 16 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson For those of us who follow financial markets and in particular U.S. GovCon stocks, let’s take a deep breath during this slightly slower Friday session and take a brief look …

Read More »