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Tag Archives: Serco

March 23 Morning Report: GovCon Index Closes Friday with Gains

GovConIndexUP

The GovCon Index posted gains of 0.817 points (1.152%) Friday to close at 70.116, with majority of index companies reporting an increase in stock prices. Reports that Greece could receive additional funding from the European Union saw the U.S. dollar weaken versus the Euro, according to Bloomberg. The Dow Jones Industrial Average increased 168.36 points to 18,127.39, the Standard ...

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Serco’s US Arm to Administer ID Cards for US Navy Personnel; Dan Allen Comments

Dan Allen

The North American subsidiary of Serco Group has won a $42 million contract to administer identification cards for U.S. Navy personnel at several military sites worldwide. Serco Inc. will work to verify eligibility of Navy personnel and issue the cards to active duty, reserve, retiree, contractor personnel and family members, Serco said Tuesday. Serco ...

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March 2 Morning Report: GovCon Index Down at Friday’s Close

GovConIndexDOWN

The GovCon Index ended the month of February with 69.615 at Friday’s close, a loss of 0.677 points or 0.982 percent. ICF International (NASDAQ: ICFI) led gainers after reporting a double-digit revenue increase for the 2014 fiscal year. The Dow Jones Industrial Average slipped 82.04 points to 18,132.38, the Standard & Poor’s 500 composite index dipped 6.25 points to ...

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February 23 Morning Report: GovCon Index Closes with Record 8th Day of Gains

GovConIndexUP

The GovCon Index closed Friday at 70.937, a gain of 0.757 points (1.056%), for its eighth straight day of increase. Stocks at index company Huntington Ingalls Industries (NYSE: HII) jumped 3.53 percent after the Virginia-based shipbuilder recorded positive revenue for the 2014 fiscal year. The Dow Jones Industrial Average gained 154.67 points to 18,140.44, the Standard & Poor’s 500 composite index ...

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January 12 Morning Report: GovCon Index Closed Friday Slightly Down On Reports Of December Wage Decline

GovConIndexDOWN

The GovCon Index ended a strong trading week slightly down, closing Friday at 70.995 — off .306 points — or 0.433 percent. For the trading week Jan. 5-9, the index recorded a 0.516 percent increase and hit its second-ever largest closing figure within the past three months. U.S. stocks declined after two straight days of gains ...

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Navy Adds CGI, DRS Units to Consolidated Shipboard Networks Contract

U.S. Navy photo

The U.S. Navy has awarded CGI (NYSE: GIB) and DRS Technologies business segments positions on an eight-year, $2.5 billion contract to provide production units of the Consolidated Afloat Networks and Enterprise Services system. The Defense Department said Thursday that CGI Federal and DRS Laurel Technologies can compete for task orders under the indefinite-delivery/indefinite-quantity contract alongside ...

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Navy Awards 5 Spots on Operations, Maintenance Services Contract

NavyC5ISR

The U.S. Navy has awarded positions on a potential $40,716,029 contract to five companies for support services on operations and maintenance projects. The Defense Department said Thursday will provide professional, technical and administrative support services to the deputy chief of naval operations. A majority of the work will occur in Virginia and the ...

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December 10 Market Close: GovCon Index Tumbles, SAIC Jumps for 2nd Straight Day

GovConIndex

The GovCon Index tumbled 2.055 percent — or 1.394 points — to close at 69.214 on a Wednesday that saw only two out of 30 companies on the index show gains: Science Applications International Corp. (NYSE: SAI) and Serco Inc. SAIC’s stock price increased for a second consecutive day after the company said its third-quarter revenue increased 2 ...

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