Category: News

April 28 Market Close: GovCon Index Closes Down as Congress Passes CR for 1 Week ExtensionFinancial Report

April 28 Market Close: GovCon Index Closes Down as Congress Passes CR for 1 Week Extension

The Executive Mosaic GovCon Index retreated to close down 0.721 percent to 92.646 as congress extends budget for 1 week with continuing
Veritas Capital Finalizes the Purchase of Harris Corporation’s Government IT Services BusinessM&A Activity

Veritas Capital Finalizes the Purchase of Harris Corporation’s Government IT Services Business

Veritas Capital completed the $690 million cash acquisition of Harris Corporation’s (NYSE:HRS) Government IT Services Business. The Harris acquisition will
House passes short-term CR to keep government open another weekNews

House passes short-term CR to keep government open another week

Just hours before the deadline, Congress voted overwhelmingly in favor of a short-term continuing resolution (CR) to fund the government
Glen Post to Lead Senior Leadership Team of Future CenturyLink-Level 3 Combined FirmExecutive Moves

Glen Post to Lead Senior Leadership Team of Future CenturyLink-Level 3 Combined Firm

CenturyLink (NYSE: CTL) has named the executives that will form the senior leadership team of the future combined company that
Report: DLT Board Chairman Rick Marcotte Returns to CEO Post on Interim BasisExecutive Moves

Report: DLT Board Chairman Rick Marcotte Returns to CEO Post on Interim Basis

Rick Marcotte, chairman of the board of directors at DLT Solutions, has been named interim CEO at the Herndon, Virginia-based government
Navy Picks IMIA, QED Systems for $260M Ship Preservation IDIQ ContractContract Awards

Navy Picks IMIA, QED Systems for $260M Ship Preservation IDIQ Contract

The U.S. Navy has awarded International Marine & Industrial Applicators and QED Systems positions on a potential $260.1 million contract to help the
April 27 Market Close: Little Change in GovCon Index, S&P500, DJIA; NASDAQ Closes Record HighFinancial Report

April 27 Market Close: Little Change in GovCon Index, S&P500, DJIA; NASDAQ Closes Record High

The Executive Mosaic GovCon Index closed up slightly 0.252 percent to 93.319 with advancers and decliners evenly split. In the major market
House Republicans Introduce 1 Week Stop-Gap Funding to Avoid ShutdownNews

House Republicans Introduce 1 Week Stop-Gap Funding to Avoid Shutdown

House Republicans introduced a stop-gap funding measure late Wednesday night to keep the government funded through May 5, while lawmakers
Army Vet Mary Legere Joins Accenture Federal Unit as Natl, Defense Intell Managing DirectorExecutive Moves

Army Vet Mary Legere Joins Accenture Federal Unit as Natl, Defense Intell Managing Director

Mary Legere, formerly a senior intelligence officer of the U.S. Army, has joined Accenture (NYSE: ACN) as managing director of national and
Raytheon to Update Air Operations Center Baseline Software Under $375M USAF Contract; Dave Wajsgras CommentsContract Awards

Raytheon to Update Air Operations Center Baseline Software Under $375M USAF Contract; Dave Wajsgras Comments

Raytheon (NYSE: RTN) has received a potential six-year, $375 million contract from the Air Force Materiel Command to upgrade the