Author: Ross Wilkers|| Date Published: April 4, 2016
The GovCon Index started the first full week of April and second-quarter trade Monday with a decline of 0.191 points to 74.189 in a session that saw U.S. stocks hold slightly negative throughout the day.
The S&P 500 composite index closed down 6.65 points — or 0.32 percent — as investors slowed down the flurry of positive movement in U.S. markets in search of new indicators on the pace and timing of interest rate hikes.
Reuters cited the CME Group FedWatch program’s projection that traders expect the Federal Reserve to raise rates one time compared to the central bank’s projections of two hikes.
Crude oil futures in New York fell 2.96 percent to a one-month low of $35.70 with the brent benchmark in London down 94 cents to $37.73 a barrel over continued concerns that major producers are not close to a production freeze agreement.
CACI International has secured a potential five-year, $416 million SeaPort-Next Generation task order to sustain and modernize information technology systems…
Cherry Bekaert has acquired accounting and advisory firm Tarsus to expand outsourced accounting, real-time financial reporting and strategic chief financial…
General Dynamics Information Technology has received a U.S. Navy contract worth $988 million to modernize and integrate command, control, communications,…
Dave Wajsgras, an eight-time Wash100 Award winner, has been named chairman and CEO of Everfox. The cybersecurity company said Monday that Wajsgras will…
The Transportation Security Administration has announced a contract opportunity with an estimated value exceeding $100 million for enterprise-wide IT support…
The GovCon Index started the first full week of April and second-quarter trade Monday with a decline of 0.191 points to 74.189 in a session that saw U.S. stocks hold slightly negative throughout the day.
