Category: News

L-3 Signals More Acquisitions This Year,  CACI & Raytheon Pivot to Organic Growth FocusFinancial Report

L-3 Signals More Acquisitions This Year, CACI & Raytheon Pivot to Organic Growth Focus

Differing acquisition strategies among government services contractors and defense primes became a main discussion topic analysts raised in earnings calls Thursday morning with three
Cognosante Eyes Public Health IT Sector Expansion Through BITS PurchaseM&A Activity

Cognosante Eyes Public Health IT Sector Expansion Through BITS Purchase

Cognosante has purchased Business Information Technology Solutions for an undisclosed sum in a push to expand the former™s presence in the
Harris,  Capstone Vet Richard White Joins Space Systems Loral as US Govt LeadNews

Harris, Capstone Vet Richard White Joins Space Systems Loral as US Govt Lead

Richard White, a 31-year veteran from Harris Corp. (NYSE: HRS) and former CEO of government services contractor Capstone Corp., has joined
UK Air Force Awards Raytheon $159M Contract Extension for Surveillance Aircraft Support ServicesContract Awards

UK Air Force Awards Raytheon $159M Contract Extension for Surveillance Aircraft Support Services

The U.K.-based subsidiary of Raytheon (NYSE:RTN) has secured a five-year, $159.3 million contract extension from the British air force to manage support services for
International SOS Appoints IT Vet Ramesh Munamarty as Group CIOExecutive Moves

International SOS Appoints IT Vet Ramesh Munamarty as Group CIO

Ramesh Munamarty, former Verint Systems chief information officer, has been named group CIO at medical and travel security services company International SOS.
Navy Picks Constellation for $170M Energy Conservation,  Generation ProjectContract Awards

Navy Picks Constellation for $170M Energy Conservation, Generation Project

Constellation (NYSE: CEG) has been awarded a 23-year, $170 million contract by the Naval Facilities Engineering Command to install energy conservation
October 27 Market Close: GovCon Index Tumbles on Raytheon & L-3 Guidance Misses,  Other Defense Primes LagFinancial Report

October 27 Market Close: GovCon Index Tumbles on Raytheon & L-3 Guidance Misses, Other Defense Primes Lag

Executive Mosaic’s GovCon Index posted its biggest percentage decline in four weeks Thursday after Raytheon (NYSE: RTN) and L-3 Communications (NYSE:
Raytheon Lifts Guidance as 3Q Earnings Top Street; L-3’s 2017 Outlook Below Analyst ConsensusFinancial Report

Raytheon Lifts Guidance as 3Q Earnings Top Street; L-3’s 2017 Outlook Below Analyst Consensus

GovCon Index– and S&P 500-listed defense contractors Raytheon (NYSE: RTN) and L-3 Communications (NYSE: LLL) lifted full-year earnings per share
Engility Lands $112M FDA Computational Science,  Bioinformatics Services IDIQ; Lynn Dugle CommentsContract Awards

Engility Lands $112M FDA Computational Science, Bioinformatics Services IDIQ; Lynn Dugle Comments

The Food and Drug Administration has awarded Engility (NYSE: EGL) a potential five-year, $112 million indefinite-delivery/indefinite-quantity contract to provide computational
OSI Subsidiary Awarded Potential $140M CBP Screening Tech Contract PairContract Awards

OSI Subsidiary Awarded Potential $140M CBP Screening Tech Contract Pair

An OSI Systems subsidiary has received a pair of contracts worth up to $140 million combined from the Customs and Border Protection agency for the