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Search Results for: Chuck Prow

NISC Purchased by IBM

National Interest Security Company (NISC) has announced that it will be acquired by IBM.  NISC, headed by CEO Andy Maner, provides IT services and solutions to U.S. intelligence agencies and the Department of Defense.  Terms of the deal were not disclosed. Analysts estimate that D C Capital Partners, which had …

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Vectrus Gets $385M Modification on Army Base Operations Support Contract

The U.S. Army has awarded a nine-month, $385 million contract modification to a Vectrus (NYSE: VEC) subsidiary to help the military branch operate its facilities in Kuwait. The Army Contracting Command has obligated $43.9 million in fiscal 2018 operations and maintenance funds at the time of award, the Defense Department said Monday. …

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Vectrus Gets $522M Army Contract Modification for Kuwait Base Operations Support

A Vectrus (NYSE: VEC) subsidiary has received a potential one-year, $521.6 million contract modification to continue to provide security and base operations services in the U.S. Army’s area of responsibility in Kuwait. Vectrus Systems will perform contract-related work through March 28, 2018, the Defense Department said Thursday. The Army Contracting Command will obligate $213.2 …

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March 17 Market Close: GovCon Index Ends Week Up, as Markets Show Modest Weekly Gains

Executive Mosaic’s GovCon Index moved contrary to the markets today to end the week in the positive. The Index closed at 94.094, up 0.853 percent from the week’s open. The markets closed mixed for the day with the S&P 500 and DJIA closing down, 0.13 percent and 0.10 percent respectively. The …

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IBM Brings Cloud to Feds; Dave McQueeney Comments (WATCH)

IBM (NYSE: IBM) has launched a new cloud-computing system specifically for the federal government. According to the firm, “the Federal Community Cloud specifically designed to help federal government organizations respond to technology requirements more quickly. The secure, private cloud environment is part of IBM’s established and dedicated Federal Data Centers …

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