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Category: News

State Dept OKs Potential $1B Sale of Paveway Bombs,  Guidance Kits to Saudi ArabiaContract Awards

State Dept OKs Potential $1B Sale of Paveway Bombs, Guidance Kits to Saudi Arabia

Saudi Arabia has asked to buy $1.29 billion in air-to-ground munitions and associated equipment and support from the U.S. government under a
Northrop Grumman Wins $100M Army Encryption Devices IDIQContract Awards

Northrop Grumman Wins $100M Army Encryption Devices IDIQ

Northrop Grumman (NYSE: NOC) has won a $99.9 million contract with the Defense Information Systems Agency to produce encryption devices intended
Niloofar Razi Howe Joins RSA as SVP,  Chief Strategy Officer; Amit Yoran CommentsExecutive Moves

Niloofar Razi Howe Joins RSA as SVP, Chief Strategy Officer; Amit Yoran Comments

Niloofar Razi Howe, formerly chief strategy officer at Endgame, has joined RSA as senior vice president and chief strategy officer.
November 16 Market Close: GovCon Index Surges 3% on Defense Stock VolumeFinancial Report

November 16 Market Close: GovCon Index Surges 3% on Defense Stock Volume

The GovCon Index rebounded from a two-day decline Monday with a surge of 2.901 percent to 77.587 on high volume in
ASRC Federal Buys Data Networks Corp; Mark Gray CommentsM&A Activity

ASRC Federal Buys Data Networks Corp; Mark Gray Comments

Beltsville, Maryland-based government contractor ASRC Federal has purchased information technology services provider Data Networks Corp. for an undisclosed sum as part
Justice Dept,  FTC Clear Thoma Bravo’s $4B SolarWinds PurchaseM&A Activity

Justice Dept, FTC Clear Thoma Bravo’s $4B SolarWinds Purchase

The Justice Department and Federal Trade Commission have given antitrust clearance to Silver Lake and Thoma Bravo for the private equity
Tim Mahoney: Honeywell to Buy Satcom1 for In-Flight Connectivity Market PushM&A Activity

Tim Mahoney: Honeywell to Buy Satcom1 for In-Flight Connectivity Market Push

Honeywell (NYSE: HON) has agreed to purchase aeronautical satellite communications technology and services company Satcom1 for an undisclosed amount as the companies
Karthik Srinivasan Joins IBA as Federal IT Services SVP; Mary Dowdall CommentsExecutive Moves

Karthik Srinivasan Joins IBA as Federal IT Services SVP; Mary Dowdall Comments

Karthik Srinivasan, formerly the capture and business development director at ManTech International (Nasdaq: MANT), has joined Irving Burton Associates as
November 16 Morning Report: GovCon Index Sees 2.36% Drop for the WeekFinancial Report

November 16 Morning Report: GovCon Index Sees 2.36% Drop for the Week

The GovCon Index closed Friday with a decline of 0.564 points to 75.400, ending the week with a 2.36-percent loss. The Index’s
November 13 Market Close: GovCon Index,  US Stock Indices Post 1% DeclinesFinancial Report

November 13 Market Close: GovCon Index, US Stock Indices Post 1% Declines

The GovCon Index extended its current streak of declines to a third straight session Friday with a loss of 0.564 points