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Weekly Roundup Sept 21 – Sept 25 2015: ULA Acquisition Talk Bubbles Again, OPM’s Latest Hack Revelation & more

Weekly Roundup Sept 21 – Sept 25 2015 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Could GovCon see at least one more blockbuster merger-and-acquisition deal in 2015? One week after Aerojet Rocketdyne’s $2 billion bid for the United Launch Alliancewas rejected, the propulsion technology …

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September 24 Market Close: GovCon Index, US Stocks Enter 3rd Day of Declines

The GovCon Index recorded a decline for the third consecutive session Thursday with a loss of 0.124 points to 70.778. The Index traded 1.4 percent down at one point in the 11 a.m. Eastern time hour and reflected a day of choppy trade for U.S. markets as all three major indices …

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September 23 Market Close: GovCon Index Extends Dip, Material Sector Drags US Stocks

The GovCon Index deepened its losses Wednesday with a decline of 0.462 points to 70.902, a figure 8.08 percent below its three-month high of 77.134 from the July 16 close. The Dow Jones Industrial Average remains in correction territory while the S&P 500 and NASDAQ composite indices are within 10 percent of their 52-week …

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Michael Dougherty Named New SIBA CEO

TYSONS CORNER, VA September 23, 2015 — The Secure Identity & Biometrics Association has named Michael Dougherty as its new chief executive to succeed founder Janice Kephart, who will stay on as a member of the board of directors, GovCon Executive reported Tuesday. Dougherty brings into the role his experience as …

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September 3 Market Close: GovCon Index, US Stocks in Narrow Range as Traders Await Data

The GovCon Index closed at a gain of 0.156 points to 71.953 Thursday as U.S. markets also ended the session in narrow range ahead of Friday’s employment report for August. Economists polled by the Wall Street Journal expect the Labor Department to report nonfarm businesses added 220, 000 jobs in November and …

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September 2 Market Close: GovCon Index, US Stocks Rebound on Beige Book Report

The GovCon Index rebounded from two days of declines with a gain of 2.374 percent to close at 71.791 Wednesday as U.S. markets also tried to recover ground from prior losses. The Index remains 7.02 percent below its three-month high of 77.214 from Aug. 17 and is 1.62 percent down from its Aug. 28 …

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Heidi Shyu Describes Army’s Open Architecture Approach, Tech Acquisition Environment to Potomac Officers Club

Technology platforms with open architectures are a key aspect of the U.S. Army‘s large push to change how it brings new tools to soldiers in the battlefield, the service branch’s lead acquisition official told the Potomac Officers Club Wednesday. Heidi Shyu — assistant army secretary for acquisition,  logistics and technology — also …

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Weekly Roundup Aug 24 – Aug 28 2015: GovCon Index Mirrors US Markets’ Wild Ride & more

Weekly Roundup Aug 24 – Aug 28 2015 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson The world has been captivated over the last 10 days by the frenzied selloff in global stock markets then subsequent rebound over the past two days and government …

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Army Launches 2nd Missile-Detecting Airship at Aberdeen

TYSONS CORNER, VA August 24, 2015 — The U.S. Army has deployed the second of two 250-foot aerostats meant to detect potential missile threats as part of the Joint Land Attack Cruise Missile Defense Elevated Netted Sensor System, ExecutiveBiz reported Friday. The Raytheon-built (NYSE: RTN) tethered airships, floating 10, 000 …

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Air Force Picks 22 Companies for $490M Contract Under ‘Agile Acquisition’ Program

The U.S. Air Force has awarded spots on a $490 million indefinite-delivery/indefinite-quantity contract under the Agile Acquisition program to 13 large businesses and nine small businesses. The Defense Department said Thursday the contract covers pre-program, technology development, engineering, manufacturing and production activities for new-build or modified systems. Ten large business and 13 …

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