Search Results for: BAE

July 31 Market Close: GovCon Index Closes Up, US Stocks Trade Down on Energy Earnings News

The GovCon Index rebounded from losses in Thursday’s trading session to record a gain of 0.240 points and close at 76.270 Friday. For the week, the Index rose 1.85 percent from its July 24 closing figure of 74.888. A loss of 2.5 percent in the S&P 500 composite index’s energy sector weighed …

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WSJ: L-3 Eyes Potential Separation of Nat’l Security Business

L-3 Communications (NYSE: LLL) is looking into a potential separation of its national security solutions business that offers cybersecurity services to government and commercial agencies, the Wall Street Journal reported Thursday. Doug Cameron writes that segment recorded $1.2 billion in sales during its 2014 fiscal year and the company’s review of its …

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DIA Picks 50 for Potential $6B Enterprise IT Services IDIQ

The U.S. Defense Intelligence Agency has selected 50 companies to compete for task orders to provide information technology support services to defense and intelligence agencies under a potential five-year, $6 billion contract vehicle. DIA said Friday it received 77 proposals for the Enhanced Solutions for the Information Technology Enterprise program …

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MBDA to Produce Air Defense System for Georgia

TYSONS CORNER, VA July 15, 2015 — Airbus, BAE Systems and Finmeccanica consortium MBDA has landed a contract to produce an air defense system for Georgia’s defense ministry, ExecutiveBiz reported Tuesday. The Civil Georgia online news service quoted local officials as saying Friday the defense system will be entirely compatible with …

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Larry Prior to Lead CSC’s Future US Public Sector Business Spinoff

Larry Prior, executive vice president and general manager of Computer Sciences Corp.‘s (NYSE: CSC) North American public sector business, has been selected to hold president and CEO titles for the company’s planned U.S. public sector spinoff. Prior’s appointment will require approval by the future Computer Sciences Government Services board of directors, CSC said …

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July 13 Morning Report: GovCon Index Up on Friday’s Close

The GovCon Index continued its rally for the second straight day with a gain of 1.246 percent in Friday’s trading session to close at 75.617. The Dow Jones Industrial Average rose 1.21 percent to 17, 760.41, the Standard & Poor’s 500 composite index gained 1.23 percent to 2, 076.62 and the NASDAQ composite index increased 1.53 percent …

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July 10 Market Close: GovCon Index, US Stocks Surge on Investor Hope for Greece Deal

The GovCon Index continued to rally from its Wednesday losses in Friday’s trading session to gain 1.246 percent and close at 75.617. U.S. stocks also extended their surge to a second consecutive day as investors showed optimism that a new economic proposal from Greece could show progress toward a deal …

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July 9 Market Close: GovCon Index, US Stocks Rebound Ahead of Greek Proposal Deadline

The GovCon Index bounced back from the prior day’s losses on Thursday to close at a gain of 0.572 points and end at 74.650. Financial shares recovered ground from Wednesday’s declines as investors waited to see if Greece would meet its Thursday midnight deadline to give European leaders a plan for spending …

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July 8 Market Close: GovCon Index, US Stocks Plummet as NYSE Floor Trading Paused in Midday

The GovCon Index lost ground from gains in the previous day’s trading session on Wednesday to record a loss of 1.19 percent and close at 74.122. Floor trading on the New York Stock Exchange halted at around 11:30 a.m. Eastern time due to a technical malfunction and resumed at close to 3:10 p.m., CNBC …

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David Kopf Joins Anaren as President of Space & Defense Group

David Kopf, formerly vice president of engineering and operations at Astronics AeroSat, has joined Anaren as president of the company’s space and defense group. His experience in leadership and business development at various technology-based space and defense companies works to support the business group’s capabilities, Anaren President and CEO Larry Sala …

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