Search Results for: URS

General Atomics Fusion Energy Studies Report Heat Burst Breakthrough; Mickey Wade Comments

TYSONS CORNER, VA March 30, 2015 — Executive Mosaic — ExecutiveBiz reported Friday on recent findings from General Atomic’s joint research with the Energy Department regarding fusion energy heat bursts. According to the company, new evidence indicates that it may be possible to manipulate magnetic fields to prevent or control heat bursts, …

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Defense News: General Dynamics Ends Prime Role on Air Force T-X Trainer Program Pursuit

General Dynamics (NYSE: GD) has decided to abandon the company’s pursuit for the U.S. Air Force’s T-X trainer replacement program as a prime contractor, Defense News reported Thursday. The company told the publication it made the decision after the information systems and technology group’s reorganization, which completed in January. Alenia Aermacchi originally partnered with …

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Engility Shareholders OK TASC Deal, Transaction Set to Close Thursday

Shareholders at Engility Holdings (NYSE: EGL) voted Monday to approve the company’s $1.1 billion all-stock acquisition of TASC and the companies have now set the transaction’s closure date for Thursday. Engility said Monday that nearly 99 percent of the outstanding shares represented at the meeting voted to move forward with the …

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February 17 Morning Report: GovCon Index Posts Gains on Thursday’s Close

The GovCon Index closed on a high for the fourth straight day Thursday at 19.503 or 0.231 points. The Dow Jones Industrial Average climbed 46.97 points to 18, 019.35, the Standard & Poor’s 500 composite index rose 8.51 points to 2, 096.99 and the NASDAQ composite index gained 36.22 points to 4, 893.84. Top Percentage Gainers …

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Scott McIntyre: PwC Adds Google to Military Health Contract Pursuit Team

Google (NASDAQ: GOOG) has joined the team of companies led by PwC that is bidding for a multibillion dollar contract to build a new electronic health records system for the U.S. military. PwC said Thursday Google becomes the sixth company to join a team that also includes commercial EHR vendors DSS and Medsphere, MedicaSoft and General Dynamics (NYSE: GD). …

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November 7 End of Day Report: GovCon Index Down on Thursday’s Close

The GovCon Index closed Friday at 68.027 points, a decrease from Thursday’s trading by 0.459 points — or 0.679 percent. Bloomberg reported relatively flat figures on the stock market after new economic data showed a dip in the unemployment rate during October to a six-year low and job creation figures for the month that were lower …

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November 7 Morning Report: GovCon Index Up on Thursday’s Close

The GovCon Index closed Thursday at 68.486, up 0.086 or 0.126 percent. Reuters reported Thursday market optimism over anticipation that the European Central Bank may be getting ready with new measures to bolster the eurozone. The Dow Jones industrial average hit a record high, up 69.94 points, or 0.4 percent, to 17, …

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October 31 Morning Report: GovCon Index Up on Thursday’s Close

The GovCon Index closed Thursday at 67.703, up 0.726 or 1.061 percent. Wall Street saw gains over news of a positive economic outlook, USA Today reported, with the Dow Jones adding 221.11 points to 17, 195.42 (1.3%), the Standard & Poor’s 500 rising 12.35 points to 1, 994.65 (0.6%) and …

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AECOM Closes $4B Buy of URS Corp. in Energy, Gov’t Services Market Push

AECOM Technology Corp. (NYSE: ACM) has closed its estimated $4 billion purchase of San Francisco-based engineering and construction services firm URS Corp. after shareholders at URS approved the transaction Thursday. Los Angeles-based AECOM announced the completion of the deal Friday and said it planned to pursue growth in the oil and …

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AECOM Issues Initial Election Results on URS Merger

URS Corp. (NYSE: URS) stockholders have completed the initial election phase for the form of merger consideration in relation to AECOM Technology‘s (NYSE: ACM) acquisition bid for URS. Holders of nearly 35.3 percent of outstanding URS shares have chosen to receive AECOM shares and will also receive cash for their URS shares,  AECOM said Thursday. Holders of …

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