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Weekly Roundup April 18 – April 22 2016: First Quarter Earnings Season Arrives & more

April 18 – April 22 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Corporate earnings season is underway for the first quarter and gives an opportunity for investors to gauge the financial health and performance of the world’s largest defense and government contractors. We …

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April 11 Market Close: GovCon Index Hits Free Fall in Last Trading Hour, Closes at Loss

The GovCon Index mirrored the larger U.S. stock indices’ reversal into negative territory in the last hour of trade Monday and closed at a loss of 0.222 points to 74.005 with no clear driver of news on activity in markets. The GCI opened up nearly a half-percent in the first …

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Weekly Roundup Mar. 21 – Mar. 24 2016: NIST-Backed Cyber Council Adds New Private Sector Leader & more

Mar. 21 – Mar. 24 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson A White House-mandated cybersecurity organization created to combine knowledge and experience from the public and private sectors added a new leader this week whose background includes stops on both sides. …

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Lloyd Howell to Succeed Kevin Cook as Booz Allen CFO, Treasurer; Horacio Rozanski Comments

Lloyd Howell Jr., executive vice president at Booz Allen Hamilton (NYSE: BAH) and head of the firm’s civil commercial group, has been appointed as the new chief financial officer and treasurer at the McLean, Virginia-based consulting services contractor. Howell will succeed the retiring Kevin Cook on July 1 and also …

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NTT Data’s Tim Conway: Legacy Modernization an IT Priority for CIOs

TYSONS CORNER, VA, February 9, 2016 — Tim Conway,  NTT Data’s president for the public sector, has indicated that legacy modernization is one of the priorities for information technology that chief information officers consider to help make government operations efficient, ExecutiveBiz reported Monday. Conway wrote in an opinion piece published Monday on …

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Lockheed Martin Christens Freedom-Class LCS USS Sioux City

TYSONS CORNER, VA, February 2, 2016 — Lockheed Martin (NYSE: LMT) has christened and launched the U.S. Navy‘s 11th littoral combat ship at the Menominee River in Wisconsin, ExecutiveBiz reported Monday. The company said Saturday the Freedom-class USS Sioux City will undergo tests before it is delivered to the Navy for full operations early next …

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Sutherland’s Teresa Weipert: Govt to Adopt Robotic Process Automation to Transform Ops

TYSONS CORNER, VA, December 29, 2015 — Teresa Weipert, executive vice president of the government solutions business of Sutherland Global Services, sees increased public sector interest in robotic process automation as a tool to boost operations, ExecutiveBiz reported Monday. Weipert wrote in a guest piece published Thursday on Nextgov that …

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October 22 Market Close: GovCon Index Snaps Out of Neutral, Posts 2% Gain

The GovCon Index snapped a four-day streak of nominal and negative trading activity Thursday with a gain of 1.949 percent to 74.524. Raytheon (NYSE: RTN) shares climbed 4.1 percent to $111.28 after the weapons maker posted third quarter earnings and sales figures above Wall Street forecasts and raised its full-year revenue …

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EM Editor Ross Wilkers Discusses August Market Volatility’s Effects on GovCon Index to Federal News Radio

TYSONS CORNER, VA, September 3,  2015 — Ross Wilkers, newsroom editor at Executive Mosaic, spoke with Federal News Radio Thursday to overview the August movements in the GovCon Index, Executive Mosaic’s composite stock index of 30 publicly-traded firms in the U.S. government contracting industry. In that segment aired Thursday, Wilkers and “In …

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August 4 Market Close: GovCon Index Down, US Stocks Dip on Apple Losses

The GovCon Index mirrored slight downturns in U.S. markets during Tuesday’s trading session as it closed with a decline of 0.054 points to 73.135. Investors reacted to losses in Apple (Nasdaq: APPL) as the iPhone maker at one point traded 3.5 percent below its Monday closing price of 118.44, CNBC reported. Apple’s stock …

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