Search Results for: BAE

Pamela McGregor Joins Spear as Strategic Accounts SVP; Gino Antonelli Comments

Pamela McGregor, formerly vice president of defense and advanced programs at Unisys (NYSE: UIS), has been appointed senior VP of Spear‘s strategic accounts division. She will be responsible for helping capture new contracts and customers in the federal government market as well as oversee the organization’s efforts to deliver big …

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State Dept Clears $2B in Foreign Arms Sales With South Korea, Lebanon

The State Department has approved two separate foreign military sale agreements worth approximately $2.37 billion combined for South Korea to purchase the Aegis Combat System and Lebanon to buy A-29 Super Tucano aircraft. The Defense Security Cooperation Agency said Tuesday the principal contractors on the $1.91 billion Aegis sale to South Korea are Lockheed Martin (NYSE: LMT), …

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Dean Bakeris Joins ICF International as Cybersecurity VP; Samuel Visner Comments

Dean Bakeris, formerly director of business development at BAE Systems, has joined ICF International (Nasdaq: ICFI) as vice president of the cybersecurity team. He will be responsible for the company’s federal business development initiatives in cybersecurity, ICF said Tuesday. “He will be a great asset to ICF’s continued growth in …

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May 21 Market Close: GovCon Index Dips, US Stocks Rise on Uneven Economic Reports

The GovCon Index closed with an even mix of gainers and laggers for Thursday’s trading session to record a loss of 0.149 points and close at 75.394. Major U.S. stock indices closed up Thursday after positive earnings reports from Salesforce and Best Buy and gains in energy shares offset economic reports …

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20 Companies Win Spots on $8B NETCENTS-2 Infrastructure Services IDIQ

Twenty companies have landed spots on a potential $7.9 billion contract to provide network operations and infrastructure support services across the U.S. Air Force enterprise. Contractors will compete to perform work during the three-year ordering period for this portion of the Network-Centric Solutions-2 program, the Defense Department said Friday. The …

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Army Awards $1B Equipment Support IDIQ Spots to 20 Companies

Twenty contractors will compete to perform equipment-related services for the U.S. Army under an eight-year indefinite delivery/indefinite quantity contract worth $1.1 billion. The Army Contracting Command received 24 proposals for the order-dependent contract and the winning vendors are scheduled to complete work on May 13, 2023, the Defense Department said …

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26 Firms Picked for $1.8B Army Knowledge Services Contract

Twenty-six companies have won positions on an eight-year, $1.8 billion contract to provide a range of knowledge-based services to the U.S. Army. The Army Contracting Command received 35 bids for the multiple-award contract via the Internet and will determine both funding and performance location with each order, the Defense Department …

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May 11 Market Close: GovCon Index, US Stocks Hover in Neutral

The GovCon Index mirrored slight across-the-board declines in U.S. stocks Monday to record a nominal loss of 0.037 points and closing figure of 73.906. CNBC reports investors looked to bond yields and await this week’s release of retail sales and industrial production figures in order to further their understanding of U.S. economic indicators after …

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May 11 Morning Report: GovCon Index Posts Friday Gains

The GovCon Index rallied 1.046 percent to close Friday at 73.943, recovering four days of losses in a row for the week. The Dow Jones Industrial Average gained 1.49 percent to 18, 191.11, the Standard & Poor’s 500 composite index jumped 1.35 percent to 2, 116.09 and the NASDAQ composite index rose 1.17 percent to 5, 003.55. …

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May 8 Market Close: GovCon Index, US Markets Rally 1% on Jobs Report

The GovCon Index recovered an entire week’s worth of losses Friday with a rally of 1.046 percent to close at 73.943. All major U.S. stock indices recorded gains of at least 1 percent after April’s employment report from the Labor Department showed the country added 223, 000 jobs during the month, which the …

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