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May 11 Market Close: GovCon Index Hits Reverse With 1% Decline, US Stocks Run Red on Dim Earnings

The GovCon Index fell 0.982 percent — or 0.769 points — to 77.553 as the 30-company list of government contractor stocks was dragged down by the sell-off in U.S. financial markets Friday on disappointing earnings reports from blue chip stocks. All 11 GCI companies co-listed in the S&P 500 composite index closed in …

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April 19 Market Close: GovCon Index Wavers to Positive Close in Choppy US Market Trade

The GovCon Index held onto a positive close for the third consecutive session Tuesday at 0.148 points to 76.362 after a descent from a strong open to negative territory in early afternoon trade before a reversal into green. Losses by technology shares on disappointing earnings reporters weighed on U.S. markets but were offset by …

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BAE Systems to Provide Communication and Electronics Support to Navy

TYSONS CORNER, VA, March 14, 2016 — BAE Systems will provide communications and electronics systems maintenance to the Naval Air Warfare Center’s aircraft division under a two year, $34 million contract, ExecutiveBiz reported Friday. The company said Thursday the contract includes management of logistics, support planning and integration, perform technical …

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Weekly Roundup Feb. 29 – Mar. 4 2016: Former DoD Logistics Head to Steward PSC & more

Feb. 29 – Mar. 4 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Government services contractors gained a new leading voice and public advocate this week in the form of a nearly 35-year veteran with a diverse background that includes high-profile roles in …

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The 2016 Wash100’s Mix of Companies, Agencies & Trade/Research Groups

As covered here yesterday, GovCon Wire’s parent company Executive Mosaic announced its inductions for the 2016 edition of the Wash 100 — EM’s annual selection of the government contracting arena’s most influential voices. These 100 individuals were chosen by EM’s editorial and organizational leadership as the executives and other leaders …

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Weekly Roundup Jan. 25 – Jan. 29 2016: Leidos The New ‘Big One’ After Lockheed IT Biz Merger & more

Jan. 25 – Jan. 29 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Needless to say, we have a lot to address here after a heavy news week that featured news of government contracting’s largest merger this decade, plus a batch of 2015 earnings reports from …

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Army Taps 10 Small Businesses for $846M ERP Services Contract

Ten small businesses have won spots on a potential five-year, $846 million contract to support business processing systems across the U.S. Army organization. The Defense Department said Thursday the contract will run through Jan. 6, 2021, and covers enterprise resource planning services for the Army’s Enterprise System Integration Program and General Fund Enterprise Business …

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Unisys Completes Interior Dept’s Financial Mgmt System Cloud Migration; Casey Coleman Comments

TYSONS CORNER, VA, January 6, 2016 — Unisys (NYSE: UIS) has migrated the Interior Department‘s Financial and Business Management System to the cloud using infrastructure-as-a-service technology and Virtustream‘s SAP in the Cloud hosting services, ExecutiveBiz reported Tuesday. “The [department’s] migration of its financial management system to the cloud marks a milestone in the …

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December 4 Market Close: GovCon Index, US Stocks Soar on Jobs Numbers

The GovCon Index posted a full rally from the prior day’s losses with a gain of 1.645 percent to 78.284 Friday on a similar surge in U.S. markets after the latest jobs report from the Labor Department. Friday’s climb recovered some damage incurred from Thursday’s plunge to bring the Index to a decline of 0.11 points — or …

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Air Force Taps 22 Firms for $983M Clinical Staff Support Contract Modification

The U.S. Air Force has awarded a $983.5 million contract modification to 22 companies to continue to provide healthcare personnel for the service branch’s military treatment facilities. The modification is part of the Clinical Acquisition for Support Services program and extends the ordering period to April 1, 2018, the Defense …

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