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October 8 End of Day Report: GovConIndex Up 1% as Fed Minutes Go Public

The GovConIndex sits at 64.349 — an increase of 0.923, or 1.4 percent as of 3:30 p.m. Eastern time Wednesday. This slight increase came on the same day that the Federal Open Market Committee released its minutes and the Dow Jones Industrial Average went up approximately 250 points. Federal Reserve staff have …

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October 8 Morning Report: GovConIndex Follows Dow Decrease

The GovConIndex closed at 63.447, down 1.088 or 1.745 percent. Concern about the European economy and upcoming U.S. corporate earnings reports sent the Dow Jones Industrial Average to its largest loss in more than three months.   Market Summary Advancing Issues 6 (20.0%) Declining Issues 24 (80.0%) Unchanged Issues 0 (0%) The …

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October 7 End of Day Report: GovconIndex Down on Global Concerns

The GovConIndex fell to 63.713 — down 0.821, or 1.306 percent. The U.S. stock market responded negatively to concerns over an ailing global economy and weak data from Germany. German industrial output slid 4 percent in August, the biggest fall in five-and-a-half years. The Executive Mosaic GovConIndex is a composite index that tracks 30 of the largest …

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October 6 End of Day: GovConIndex Shows Modest Downturn

After a positive morning to start the trading day, the GovConIndex has trended towards a modest drop and sits currently at 64.711, off 0.113, or 0.176 percent. The Executive Mosaic GovConIndex is a composite index that tracks 30 of the largest publicly-traded Government Contracting (GovCon) Companies.        

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October 6 Midday: GovConIndex Shows Slight Drop in Late AM

The GovConIndex at midday on Monday is down 0.040 — or 0.062 percent — to 64.045330 after showing a positive direction all morning. Gainers lead laggers 16 to 14, respectively. Hewlett Packard (NYSE: HPQ) jumped 4.36 percent after the computer technology and services firm said it plans to split into two independent companies. Boeing‘s (NYSE:BA) shares …

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Neil Albert: MCR Adds Financial Support Work With Transcom

MCR Federal has won a potential $49.9 million contract from the U.S. Transportation Command to provide financial services support for the command’s director for program analysis and financial management for nearly three years. The company said Tuesday the indefinite-delivery/indefinite-quantity contract covers program and operational cost analysis, billing and revenue, financial improvement audit readiness, financial …

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Richard Silver Named Pragmatics Business Development Lead; Dr. Long Nguyen Comments

Richard Silver, a more than 30-year contracting veteran, has joined Pragmatics as chief business development officer at the Reston, Virginia-based government information technology services provider. He will be responsible for the company’s market research, proposal development and capture activities and report directly to CEO Dr. Long Nguyen, Pragmatics said Monday. …

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Gene Colabatistto: CAE to Integrate Defense, Healthcare Tech in Training System for USAF Reserves

CAE (NYSE: CAE) will provide its Aeromedical Evacuation Training System to the U.S. Air Force Reserve Command under a new contract to support ADS as part of the Defense Logistics Agency‘s tailored logistics support program. CAE said Monday the system includes a C-130 fuselage trainer equipped with CAE Healthcare’s iStan robotic technology, which simulates …

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George Newstrom: Dell Extends CDC IT Operations Support for 5 Years

Dell has been awarded a five-year, $120 million contract to support information technology systems and applications at the Centers for Disease Control and Prevention. The company said Monday it has been working with CDC for 11 years to manage infrastructure designed to help agency researchers and administrators monitor threats to …

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Paul Fernandes: STG Extends IT Support at Forts Belvoir, Huachuca

STG has received a one-year, $3.8 million contract to provide IT planning, development, migration, implementation and sustainment support to the chief of staff and assistant chief of staff at the U.S. Army Network Enterprise Technology Command. Glenn Davis, general manager of STG’s enterprise services sector,  said Thursday that the company has been a NETCOM G-6 …

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