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Tag Archives: SAIC

February 10 Market Close: GovCon Index Narrowly Up, US Stocks Mixed on Oil Pressure & Yellen Remarks

GovConIndexUP

The GovCon Index largely reversed its spike from morning trade Wednesday but held onto nominal gain/loss of 0.152 points to 70.231 in a choppy session for U.S. financial markets. The Index rose at least 0.75 percent in the first two hours of activity and mirrored gradual declines by U.S. stocks …

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February 9 Market Close: GovCon Index, US Stocks End Volatile Session in Neutral as Oil Hits $28

GovConIndexUP

The GovCon Index reversed a negative open of at least 1 percent as Tuesday’s trading day progressed but hit another dip in the final hour to end at a nominal gain of 0.044 points to 70.079. Gains in biotechnology and material shares helped U.S. stocks bounce back in Monday’s afternoon …

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Weekly Roundup Feb. 1 – Feb. 5 2016: The 9 Three-Time Wash100 Winners in 2016’s Class & more

2016Wash100

Feb. 1 – Feb. 5 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Last week in this space, we announced the 2016 edition of Executive Mosaic’s annual Wash100 list, our selection of the government contracting arena’s most influential leaders and voices from both the public …

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SAIC to Upgrade Marines’ AAVs for $194M; Tony Moraco Comments

Tony Moraco

TYSONS CORNER, VA, February 2, 2016 — Science Applications International Corp. (NYSE: SAIC) will equip 10 prototype amphibious assault vehicles with armor protection, new transmissions, blast-mitigating seats and upgraded suspension systems under a $194 million contract, ExecutiveBiz reported Monday. The Post and Courier reported Friday the U.S. Marine Corps will test the prototypes for …

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The 2016 Wash100’s Mix of Companies, Agencies & Trade/Research Groups

2016Wash100

As covered here yesterday, GovCon Wire’s parent company Executive Mosaic announced its inductions for the 2016 edition of the Wash 100 — EM’s annual selection of the government contracting arena’s most influential voices. These 100 individuals were chosen by EM’s editorial and organizational leadership as the executives and other leaders …

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Weekly Roundup Jan. 25 – Jan. 29 2016: Leidos The New ‘Big One’ After Lockheed IT Biz Merger & more

LeidosLogo

Jan. 25 – Jan. 29 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Needless to say, we have a lot to address here after a heavy news week that featured news of government contracting’s largest merger this decade, plus a batch of 2015 earnings reports from …

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Leidos to Merge With Lockheed IT, Gov’t Services Segments in $5B Tax-Free Deal

acquisition, merger

Reston, Virginia-based contractor Leidos Holdings (NYSE: LDOS) has agreed to a merger with the government information technology and services businesses of Lockheed Martin (NYSE: LMT) under a $5 billion, tax-free Reverse Morris Trust transaction to create the government services industry’s largest publicly-traded contractor by revenue, the companies said Tuesday. Both companies — …

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SAIC CEO Tony Moraco to Headline NVTC 2016 Titans Event

Tony Moraco

TYSONS CORNER, VA, January 22, 2016 — Tony Moraco, CEO of Science Applications International Corp. (NYSE: SAIC), will share his views on innovation and discuss his work at the company as a speaker at the 2016 Titans series of the Northern Virginia Technology Council, GovCon Executive reported Thursday. NVTC said Wednesday Moraco will headline …

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January 20 Market Close: GovCon Index, US Stocks Record 1% Declines on Continued Oil-Driven Volatility

GovConIndexDOWN

The GovCon Index mirrored wild volatility in U.S. markets Wednesday to close at a decline of 0.703 points to 71.438 with an attempt to recover from steep and rapid declines during morning and mid-afternoon trade. The Index showed a 3.5 percent decline at around 12 p.m. ET and fell further …

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Weekly Roundup Jan. 11 – Jan. 15 2016: Air Force, NASA Give Space Partnerships w/ Industry a Lift & more

rocket launch

Jan. 11 – Jan. 15 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson America’s space program appears to be the place where government and industry are taking concrete steps toward increased public-private partnerships as a means to spur innovation on both sides and create opportunity …

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