Home / News / Weekly Roundup Aug 10 – Aug 14 2015

Weekly Roundup Aug 10 – Aug 14 2015

Weekly Roundup
Aug 10 – Aug 14 2015

A Note From Our President & Founder Jim Garrettson

Second quarter earnings season has concluded for many GovCon firms and all five of the industry’s most notable U.S.-based identities reported results that surpassed Wall Street analyst forecasts.

Lockheed Martin, Boeing, General Dynamics, Raytheon and Northrop Grumman respectively rank one-through-five on Bloomberg Government’s “BGOV 200” list and are among the main companies investors use as a barometer to measure the GovCon sector’s performance and health.

All members of GovCon’s “Big Five” beat Wall Street’s second quarter earnings forecasts: Lockheed by 27 cents per share, Boeing by 25 cents, General Dynamics by 27 cents, Raytheon by 3 cents and Northrop by 11 cents.

Other GovCon firms that exceeded Wall Street’s second quarter earnings expectations included Engility, Leidos and Orbital ATK, while Harris beat analyst estimates for its fourth quarter.

Our newsroom editor Ross Wilkers spoke to Federal News Radio this week for a segment to analyze developments over the last month surrounding the GovCon Index, Executive Mosaic’s composite stock index of 30 publicly-traded contracting firms.

Wilkers and anchor Francis Rose overviewed how Wall Street views the GovCon sector’s health and performance through those “Big Five” players, as well as how the Index has evolved and performed in a period of significant merger-and-acquisition deals and spinoff moves taking shape.

Click here to listen to the full nine-minute segment that aired Thursday.

—–

There are six days left to reserve your seat at the Potomac Officers Club‘s next “CIO Speaker Series” event Thursday, which will feature Transportation Department CIO Richard McKinney as the keynote.

Army acquisition chief Heidi Shyu will address the POC on Sept. 2 and the General Services Administration’s Chris Hamm is scheduled to speak on Sept. 24.

Additionally, we are looking forward to the POC’s 2015 Cybersecurity Summit on Oct. 15 with Navy Adm. Michael Rogers, head of the National Security Agency and Cyber Command, lined up as the headline speaker.

Click here to sign up for these events and view POC’s full calendar.

THIS WEEK’S TOP NEWS STORIES

25 Contractors Win Spots on $21B Air Force Training Systems IDIQ
The Air Force chose 12 large businesses and 13 small businesses to compete for work under the potential 10-year Training Systems Acquisition III program.
General Dynamics Awarded $881M to Support US Military Intell Sharing System
The company’s IT business unit will help manage a setup used by combatant commands to exchange data with coalition partners.
Salient, CRGT to Merge in Gov’t IT Modernization & Business Intell Market Push
The company will operate as “Salient CRGT” and have ownership equally split between investors Bridge Growth Partners and Fronteac.
Scott Scheimreif on Iridium’s DoD Airtime Services Contract Work, SATCOM Tech Trends in Gov’t
The company’s government business leader also discusses research-and-development partnerships in Q&A with ExecutiveBiz.
Anne Altman: FedRAMP Board Certifies IBM’s Mobile Device Mgmt Platform
IBM’s Maas360 system is the first enterprise mobility management tool to receive a provisional authority-to-operate designation under FedRAMP.
Adobe Cloud Services Get FedRAMP ATO From HHS; John Landwehr Comments
The designation covers Adobe products for areas such as Web content management and electronic forms with e-signatures.
Mac Curtis: Vencore to Help Army Collect, Analyze Logistics Data
The three-year sample data collection program aims to help the Army boost lifecycles of its heavy equipment.
Lockheed Lands $450M TSA Equipment Distribution Contract; Scott Gray Comments
The company will help deploy security technologies to airports and other transportation hubs in the western region under the potential five-year contract.
CMS Taps Booz Allen for $202M HIX System Integration Contract; Kristine Martin Anderson Comments
Booz Allen will collaborate with CMS, other agencies and insurance firms to perform technical work on federally-run health insurance exchanges.
David Honey: ODNI Wants to Collaborate with Nontraditional Tech Firms
ODNI’s science and technology director cites crowdsourcing as a method for intelligence agencies to get ideas from the private sector.
Andy Ozment, John Felker to Spearhead DHS Cyber Info Exchange Hub
Ozment will hold overall and direct responsibility for the NCCIC center and HP veteran Felker joins the organization to handle run day-to-day operations.
Frank Kendall: Rocket Engine Development Cost Sharing a Possibility
The Pentagon’s acquisition leader previews potential ways the military could help fund a replacement for the Russian-built RD-180.
Dave Bowen: DHA Nears Full Operational Capability After Military Approval of Health IT Shared Services
This designation follows the multibillion dollar electronic health record contract award to the team of Leidos, Accenture and Cerner.
Adm. Paul Zukunft Expects Increase in Coast Guard’s 2016 Fleet Acquisition Budget
The agency’s top uniformed officer says the USCG could receive the largest acquisition budget in its history.

Check Also

Contracting Vet Michelle Adams Joins Research Innovations as Contracts, Supply Chain VP

Michelle Adams, former director of cybersercurity contracts at Raytheon (NYSE: RTN), has joined Research Innovations as vice …

Randy Cole Promoted to NeoSystems SVP for Consulting Services, Product Sales

Randy Cole, formerly vice president of client services at NeoSystems‘ managed accounting services business, has been …

Subscribe to our Newsletter
I will subscribe later