Search Results for: Chuck Prow

Roundup of 2016: The Year in Deals, Industry Landscape Changes & more

Our Roundup of 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Calendar year 2016 in the government contracting sector seemed to constantly give us a changing landscape to evaluate and try to forecast the short- and long-term effects of each significant development. …

Read More »

Weekly Roundup December 5 – December 9, 2016: Vectrus Brings Aboard New CEO & more

December 5 – December 9, 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson GovCon industry leaders and observers welcomed Vectrus to the government services landscape in the autumn of 2014 and this week marks the beginning of a new era for …

Read More »

Weekly Roundup Aug 3 – Aug 7 2015

Weekly Roundup Aug 3 – Aug 7 2015 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Two of the Defense Department’s top civilian leaders traveled to Silicon Valley this week for discussions with a new arm of the Pentagon started earlier this year …

Read More »

The Deals, Moves and Shakeups That Drove GovCon in 2014

EDITORS NOTE: The piece below is a special edition of the Weekly Roundup newsletter written by Jim Garrettson, president and founder of this website’s parent company Executive Mosaic, to recap the biggest stories in the GovCon sector for 2014. In this year-end issue, Jim wraps up the year with a …

Read More »

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 …

Read More »

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. …

Read More »

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 …

Read More »

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 …

Read More »

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 …

Read More »