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Tag Archives: treasury

May 14 Market Close: GovCon Index, US Stocks Jump 1% as Dollar Weakens

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The GovCon Index closed Thursday at its highest figure since April 28 with a 1.652 percent gain to 75.207. U.S. stocks jumped 1 percent Thursday as investors weighed a weakened U.S. dollar and stabilized Treasury bond market after a series of mixed economic reports earlier in the week, according to CNBC. The Dow Jones ...

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May 12 Market Close: GovCon Index Closes Down, US Markets See Slight Losses

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The GovCon Index declined for the second consecutive trading session Tuesday with a loss of 0.421 points to 73.488. Gains in Treasury bonds and energy shares helped offset losses in U.S. markets earlier in a day that saw raw material stocks decline, according to Bloomberg. Bloomberg reports investors believe the Federal Reserve will ...

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Marc Arendt Joins Sevatec as BD, Cyber Services Senior Director; Burke Cox Comments

Sevatec

Marc Arendt, formerly director of business development for cybersecurity at Blue Canopy Group, has joined Sevatec as senior director of business development and cyber services. Arendt helped Blue Canopy Group manage its cybersecurity consulting practice at the Treasury Department, Small Business Administration, Consumer Financial Protection Board and the Internal Revenue Service, Sevatec ...

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March 6 Market Close: GovCon Index Drops 1% as US Dollar Surges, Traders Anticipate Rate Hikes

GovConIndexDOWN

The GovCon Index mirrored losses in U.S. markets Friday as it fell 1.327 percent to close at 68.397. Intelsat (NYSE: I), Orbital ATK (NYSE: OA) and Textron (NYSE: TXT) were the only companies listed on the index to record gains. The U.S. dollar surged against the euro and the yen while a ...

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OMB, Treasury Vet Gary Glickman Heads to Accenture’s State & Local Gov’t Arm

Gary Glickman

Gary Glickman, formerly an official at the U.S. Treasury and Office of Management and Budget, has joined Accenture (NYSE: ACN) in a strategy consulting role and will work with the firm’s state and local government customers. Accenture said Tuesday that Glickman spent the 30 years prior to the Treasury and OMB in ...

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David Keffer Named SRA Corporate Controller

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David Keffer, a former business group chief financial officer at SRA International, has been promoted to corporate controller at the Fairfax, Va.-based technology services contractor. Keffer will be responsible for financial planning and analysis, treasury and corporate accounting in his new position, SRA said Wednesday. The 10-year company veteran will ...

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Lloyd Howell to Succeed Jimmy Henry as Booz Allen’s Civilian Lead

Booz Allen Hamilton (NYSE: BAH) has named Executive Vice President Lloyd Howell to succeed the retiring Jimmy Henry as head of the company’s civilian business, the Washington Business Journal reports. Henry is retiring from the company in April after a 26-year career there, where he also served on the board ...

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Booz Allen EVP, Civilian Lead Jimmy Henry to Retire

Booz Allen Hamilton Executive Vice President Jimmy Henry has informed the company he intends to retire as of April 1, the Washington Business Journal reports. Citing a Securities and Exchange Commission filing, Jill Aitoro writes Henry provided notice of his retirement last week. The 26-year company veteran serves as civil market ...

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Accenture Added to $4B Treasury IDIQ; Cornelius Comments

  Accenture Federal Services (NYSE: ACN) has been awarded a prime position on the TIPSS-4 indefinite-delivery/indefinite-quantity suite of contracts, the primary procurement vehicle for technology services for the Internal Revenue Service. TIPSS-4 is worth up to $4 billion with one base-year and nine one-year options. Thirty-three contractors will support services from local ...

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