Search Results for: SAP

Weekly Roundup July 11 – July 15 2016: Boeing Throws Hat Into Defense Services M&A Mix & more

July 11 – July 15 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson    One of the world’s two largest airplane manufacturers is mulling acquisitions in the defense services arena that would continue a trend among prime contractors toward capability-based deals. Leanne Caret, …

Read More »

IBM’s Keith Salzman: US Should Focus Some Healthcare Funds to Social Services

TYSONS CORNER, VA, May 27, 2016 — Keith Salzman, chief medical information officer for IBM‘s (NYSE: IBM) global business services, believes one-third of the U.S. government’s $3 trillion healthcare budget has been underutilized, Executive Gov reported Wednesday. Salzman wrote in an IBM Center for the Business of Government blog entry posted …

Read More »

3M Subsidiary to Deliver 177K Body Armor Plates Under $93M DLA Contract

3M subsidiary Ceradyne will provide 177, 000 body armor plates to the U.S. armed forces under a $92.7 million contract from the Defense Logistics Agency. The Minnesota-headquartered company said Wednesday the lightweight “enhanced” small arms protective inserts are embedded into tactical vests in efforts to protect military personnel against small-arms fire. Cheryl Ingstad, 3M business manager …

Read More »

May 13 Market Close: GovCon Index Sinks 1%, Large Primes Fall on Lockheed Downgrade

The GovCon Index held lower throughout Friday trade in a reflection of dim sentiment in U.S. markets and closed down 1.052 percent to 77.038 with many of the GCI’s largest prime contractors as the biggest decliners after a nearly four-day stretch as the drivers of gains. Friday’s close puts the Index at a …

Read More »

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 …

Read More »

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 …

Read More »

Weekly Roundup March 28 – April 1 2016: The Federal Angle in NTT Data’s Pickup of Dell Services & more

March 28 – April 1 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson An acquisition deal announced this week appears on the surface to have its roots in Tokyo and Texas but its impact will also be felt right here in the Washington …

Read More »

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 …

Read More »

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 …

Read More »

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 …

Read More »