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May 5 Market Close: GovCon Index Tumbles 1%,  Trade Deficit Report Sinks US MarketsFinancial Report

May 5 Market Close: GovCon Index Tumbles 1%, Trade Deficit Report Sinks US Markets

The GovCon Index had two straight days of gains wiped out during Tuesday’s trading session as it closed 1.372 percent
Keith McGhee to Lead Global Training,  Development at American Systems; Jason Frye CommentsExecutive Moves

Keith McGhee to Lead Global Training, Development at American Systems; Jason Frye Comments

Keith McGhee, former senior consulting manager at Valkyrie Enterprises, has joined American Systems as vice president and director of the latter company’s
Scitor to Join SAIC’s New Intell Customer Group Upon Deal’s Closure; Tony Moraco CommentsM&A Activity

Scitor to Join SAIC’s New Intell Customer Group Upon Deal’s Closure; Tony Moraco Comments

Systems engineering contractor Scitor will join Science Applications International Corp.‘s (NYSE: SAIC) new intelligence community customer group following SAIC’s completed $790 million cash acquisition of
Marlin Closes Fidelis Cyber Business Buy; Peter George CommentsM&A Activity

Marlin Closes Fidelis Cyber Business Buy; Peter George Comments

Marlin Equity Partners has wrapped up the acquisition of the Fidelis Cybersecurity Solutions business from General Dynamics‘ (NYSE: GD) for an undisclosed
Army to Unveil $192M in Prototyping,  Testing ContractsContract Awards

Army to Unveil $192M in Prototyping, Testing Contracts

The U.S. Army plans to award five contracts worth $192 million combined for small businesses to provide system development, design and
L-3 Sells Sports TV Tech Business to Slate Capital Group; Parker Davis CommentsM&A Activity

L-3 Sells Sports TV Tech Business to Slate Capital Group; Parker Davis Comments

Slate Capital Group has purchased sports television technology maker Broadcast Sports Inc. from L-3 Communications (NYSE: LLL) for an undisclosed amount. BSI
Raytheon to Build Additional Guided Missiles for US NavyContract Awards

Raytheon to Build Additional Guided Missiles for US Navy

Raytheon (NYSE: RTN) has been awarded a $559, 206, 957 contract with the Missile Defense Agency to produce additional guided
May 4 Market Close: GovCon Index Extends Rebound as Europe,  China Gains Lift US StocksFinancial Report

May 4 Market Close: GovCon Index Extends Rebound as Europe, China Gains Lift US Stocks

The GovCon Index closed in positive territory for the second consecutive day Tuesday with a gain of 0.263 to close
BAE Awarded $434M to Produce Army Night Vision,  Targeting SystemsContract Awards

BAE Awarded $434M to Produce Army Night Vision, Targeting Systems

BAE Systems has been awarded a potential five-year, $434 million contract to integrate night vision and thermal targeting technology into
FAA Awards SAIC Potential $727M Air Traffic Control Training Services ContractContract Awards

FAA Awards SAIC Potential $727M Air Traffic Control Training Services Contract

Science Applications International Corp. (NYSE: SAIC) has been awarded a potential five-year, $727 million contract to help the U.S. Federal