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Search Results for: HIG Capital

Carahsoft to Sell Aconex’s Cloud Platforms Via GSA Schedule Contract

TYSONS CORNER, VA, January 11, 2016 — Carahsoft Technology will sell Aconex’s cloud-based collaboration tools through a General Services Administration schedule contract to U.S. government agencies, ExecutiveBiz reported Friday. Aconex said Thursday the partnership agreement works to market and sell the online software company’s collaboration platforms through the GSA Advantage! online shopping system. “With …

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In-Q-Tel Invests in Digital Forensics Technology for Intelligence Community

TYSONS CORNER, VA, December 10, 2015 — In-Q-Tel has made an investment to Magnet Forensics to support the development of digital forensics software for law enforcement and national security agencies, ExecutiveBiz reported Wednesday. Magnet Forensics said Tuesday it also entered into a strategic partnership with the venture capital firm to deliver products such …

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L-3 Agrees on $550M Gov’t Services Segment Sale to CACI

New York City-based defense contractor L-3 Communications (NYSE: LLL) has agreed to sell its government services business segment to Arlington, Virginia-headquartered public sector services company CACI International (NYSE: CACI) for $550 million cash, the companies said Tuesday. The companies expect the transaction to close by March 2016 pending regulatory approvals and CACI said in investor slides …

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SAP NS2’s VC Arm Invests in ThreatConnect; Mark Testoni Comments

TYSONS CORNER, VA, December 7, 2015 — SAP National Security Services‘ (NYSE: SAP) venture capital arm led the $16 million funding round for threat intelligence firm ThreatConnect, ExecutiveBiz reported Friday. The Washington Post reported Wednesday threat intelligence companies have attracted the attention of investors in effort to address the anticipated need …

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November 18 Market Close: GovCon Index Accelerates Climb, Investors Eye More Fed Certainty

The GovCon Index continued its pace of upward movement into a third consecutive day with a climb of 1.058 percent to 78.724 Wednesday as U.S. investors examined the Federal Reserve‘s October meeting minutes. Investors gained more clarity that the central bank will raise interest rates at its December meeting and all three …

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BAE Systems to Invest $32M on UK Firm for Aerospace Engine Development

TYSONS CORNER, VA, November 3,  2015 — BAE Systems will put an investment of $31.85 million into the U.K.-based firm Reaction Engines for the development of new aerospace engines under a working partner and supplier partnership, ExecutiveBiz reported Monday. BAE said Monday the partnership covers the development of the Sabre engine class …

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Northrop Wins Air Force Long Range Strike Bomber Contract

Northrop Grumman (NYSE: NOC) has beaten out a team of Boeing (NYSE: BA) and Lockheed Martin (NYSE: LMT) for the highly-anticipated contract to build the U.S. Air Force‘s Long Range Strike Bomber plane, Defense Department officials announced Tuesday. The service branch plans to purchase up to 100 of the bombers at a cost of $511 million per plane …

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Raytheon Posts 3Q Profit Decline on Websense Costs, Boosts Full-Year Revenue Guidance

Raytheon (NYSE: RTN) — one of 30 companies listed on Executive Mosaic’s GovCon Index — has reported third quarter earnings of $1.47 per share, a 10.9 percent decline from the same period in 2014 and 4 cents above Wall Street expectations. Raytheon held to its full-year earnings outlook of $6.47-to-$6.62 per share and …

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Texas School District Selects Jacobs Construction Management

TYSONS CORNER, VA September 18, 2015 — Jacobs Engineering (NYSE: JEC) will provide construction management services to the Garland Independent School District under a five-year contract from the Texan district, ExecutiveBiz reported Thursday. Jacobs said Tuesday the work includes the construction of and upgrades to school facilities, including classrooms, gyms and …

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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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