Category: News

Leidos to Merge With Lockheed IT,  Gov’t Services Segments in $5B Tax-Free DealM&A Activity

Leidos to Merge With Lockheed IT, Gov’t Services Segments in $5B Tax-Free Deal

Reston, Virginia-based contractor Leidos Holdings (NYSE: LDOS) has agreed to a merger with the government information technology and services businesses
Lockheed Shows Profit Hike for 4Q,  FY 2015 to Top Wall Street EstimatesFinancial Report

Lockheed Shows Profit Hike for 4Q, FY 2015 to Top Wall Street Estimates

Lockheed Martin (NYSE: LMT) — one of 30 companies listed in Executive Mosaic’s GovCon Index — has reported fourth quarter
Rockwell Collins Inks Deal to Purchase Christie’s Matrix Projector LineM&A Activity

Rockwell Collins Inks Deal to Purchase Christie’s Matrix Projector Line

Rockwell Collins (NYSE: COL) has agreed to buy Christie Digital Systems™ Matrix series of projectors for an undisclosed sum in
DARPA Seeks Input on Anti-Submarine Bistatic Sonar SystemContract Awards

DARPA Seeks Input on Anti-Submarine Bistatic Sonar System

The Defense Advanced Research Projects Agency has begun its search for an anti-submarine bistatic sonar system that works to maintain
January 25 Market Close: GovCon Index Falls Back Into Correction Ahead of Earnings Week for ‘Big Five’ Contractors and OthersFinancial Report

January 25 Market Close: GovCon Index Falls Back Into Correction Ahead of Earnings Week for ‘Big Five’ Contractors and Others

The GovCon Index retreated with a loss of 1.295 percent to 70.580 Monday in a move that puts the Index back into a correction, or
GSA Seeks Proposals for Phase II Consolidated FBI HQ Construction ProjectContract Awards

GSA Seeks Proposals for Phase II Consolidated FBI HQ Construction Project

The General Services Administration has asked shortlisted contractors to submit proposals for the construction of a consolidated FBI headquarters building
Textron Subsidiary Awarded $97M Army Shadow UAS Contract ModificationContract Awards

Textron Subsidiary Awarded $97M Army Shadow UAS Contract Modification

A Textron (NYSE: TXT) subsidiary has received a $97.1 million contract modification to retrofit the U.S. Army‘s Shadow unmanned aircraft system
PwC Buys Praxism to Grow Cyber Services PortfolioM&A Activity

PwC Buys Praxism to Grow Cyber Services Portfolio

PwC has acquired Scotland-based consulting firm Praxism for an undisclosed sum as the companies seek to help organizations secure data through identity
January 25 Morning Report: GovCon Index,  Other US Markets Post Significant GainsFinancial Report

January 25 Morning Report: GovCon Index, Other US Markets Post Significant Gains

The GovCon Index closed Friday with a gain of 1.35% to 71.466. The Dow Jones, Nasdaq and S&P 500 indices also posted
January 22 Market Close: GovCon Index Reverses Correction With 1.35% Increase,  Oil Advances 9%Financial Report

January 22 Market Close: GovCon Index Reverses Correction With 1.35% Increase, Oil Advances 9%

The GovCon Index closed up 1.35% to 71.466 as all US markets showed significant gains. The DJIA closed at 16, 093.51 up