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BAE Systems to Supply Navy With More VLS Canisters for $53M

BAE Systems‘ U.S. subsidiary will provide the U.S. Navy with additional Mk 41 Vertical Launching System canisters under a $52.9 million modification to a five-year contract awarded in 2013. The company said Monday the VLS canisters are used as missile containers for shipping and storage needs and support the launch of missiles …

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April 9 Market Close: GovCon Index, US Stocks Flat on Quiet Trading Day

The GovCon Index struggled for direction Thursday as it recorded a nominal loss of 0.014 points to close at 69.263. U.S. markets were relatively quiet during Thursday’s trading day as investors wait to see more first quarter earnings reports from companies, the Wall Street Journal reported. The Dow Jones Industrial Average gained 56.22 points to …

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April 6 Morning Report: GovCon Index Slightly Up on Thursday’s Close

The GovCon Index slightly increased on the last trading day before Easter weekend, up 0.062 points to close at 68.657. The Dow Jones Industrial Average rose 65.06 points to 17, 763.24, the Standard & Poor’s 500 composite index gained 7.27 points to 2, 066.96 and the NASDAQ composite index rose 6.71 points to 4, 886.94. Top Percentage Gainers …

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April 2 Market Close: GovCon Index Inches Up, Traders Eye Iran Talks

The GovCon Index closed on a nominal rise Thursday — up 0.062 points to 68.857 — and recorded an even 15-15 split between risers and fallers. The final trading day of the week saw news of a possible nuclear agreement between Iran and major world powers weigh on investors, who largely want to see …

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Mercedes Westcott, John Stewart, Greg Oslan Join ThreatStream Advisory Team

Three security executives have joined the new advisory board at California-based security company ThreatStream. Mercedes Westcott, vice president for the public sector group at Cloudera, John N. Stewart, senior vice president, chief security and trust officer for Cisco (Nasdaq: CSCO), and OSG Consulting founder Greg Oslan will help provide direction to the company as strategic …

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March 16 Market Close: GovCon Index Rises as Dollar, Oil Fall Ahead of Fed Meeting

The GovCon Index started the week off with a rise of 1.66 percent — or 1.166 points — to close at 69.061 on Monday. Investors will look to see if the Federal Open Market Committee will retain the word “patient” in its next statement scheduled for Wednesday after its two-day March meeting, CNBC reports. …

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Lockheed’s Rick Ambrose, Orion Space Systems Team Earn Wash100 Recognition

Executive Mosaic, Tysons Corner, VA March 13, 2015 – Rick Ambrose, Lockheed Martin Space Systems president, has made it to this year’s Wash100 list of the most influential leaders in GovCon for his leadership role in the Orion space capsule program. The Wash100 is the premier group of private and …

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March 9 Market Close: GovCon Index, US Markets Rebound From Friday Declines

The GovCon Index recovered much of its losses from Friday with a Monday gain of 0.532 points — or 0.766 percent — to close at 68.929. Maximus‘ (NYSE: MMS) share price jumped nearly 3 percent after the company said it would purchase technology services contractor Acentia for $300 million cash. U.S. investors reconsidered …

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US Navy Awards $99M Software Development, Maintenance IDIQ

The U.S. Navy has awarded contracts worth a total of $98, 960, 000 to nine companies for the development, testing, fielding and maintenance of the service’s strike planning and execution systems software. Each contractor will have the opportunity to compete for individual task orders to design, evaluate, integrate and deploy the …

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Reuters: Arlington Capital Partners Eyes Novetta Solutions Sale

Arlington Capital Partners is considering a sale of analytics firm Novetta Solutions, which could be valued at more than $650 million, Reuters reported Tuesday. Mike Stone reports the private equity firm tapped Morgan Stanley and Houlihan Lokey to advise on a possible auction for the sale. Novetta works with defense …

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