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Executive Mosaic’s GovCon Index traded downward Tuesday on sharp declines in Boeing (NYSE: BA) and major services-oriented contractors while Harris Corp. (NYSE: HRS) soared 2.71 percent on news of its board of directors membership agreement with activist hedge fund Jana Partners. The GovCon Index declined 0.316 po...
TYSONS CORNER, VA, Aug. 2, 2016 ” A Fortinet (Nasdaq: FTNT) business unit has worked with Interpol to investigate and expose a cyber fraud ring that used online scams to steal more than $60 million from businesses around the world, ExecutiveBiz reported Monday. The company said Monday FortiGuard Labs provided threa...
TYSONS CORNER, VA, Aug. 2, 2016 ” CSRA (NYSE: CSRA) and Racemi have entered into a partnership to jointly market a suite of bundled services designed to support government customers migration to Amazon Web Services˜ (Nasdaq: AMZN) cloud computing platform or isolated GovCloud region, ExecutiveBiz reported Monday. C...
TYSONS CORNER, VA, Aug. 2, 2016 ” BAE Systems will research, develop and demonstrate a software tool that first responders can use to disconnect a non-cooperative entity from its network and use a separate protected emergency network under an $8.7 million U.S. Air Force contract, ExecutiveBiz reported Monday. The Defen...
TYSONS CORNER, VA, Aug. 2, 2016 ” A subsidiary of Vencore will provide software that works to locate and characterize cyber weapons that attack the U.S. power grid under a $9 million contract from the U.S. Air Force, ExecutiveBiz reported Monday. The Defense Department said Friday Vencore Labs will perform research and devel...
TYSONS CORNER, VA, Aug. 2, 2016 ” Red Hat (NYSE: RHT) and Microsoft (Nasdaq: MSFT) have extended their partnership to support public sector clients to adopt Microsoft’s cloud computing technology through the former’s open-source software subscriptions, ExecutiveBiz reported Thursday. Paul Smith, Red Hat public sector busin...
Harris Corp.’s (NYSE: HRS) guidance for its 2017 fiscal year started July 4 came in below Wall Street’s consensus forecast before markets opened Tuesday as the communications technology contractor anticipates pressure in its tactical and maritime energy businesses to continue. Melbourne, Florida-based military radio maker Harris cit...
Executive Mosaic’s GovCon Index traded higher Monday in mixed activity for U.S. stocks as Engility Holdings (NYSE: EGL) surged on a second quarter earnings beat with General Dynamics (NYSE: GD) and Cubic Corp. (NYSE: CUB) also as top performers. The GovCon Index added 0.252 points to 82.500 with four of the GCI’s 11 S&...
TYSONS CORNER, VA, Aug. 1, 2016 ” DynCorp International has received three task orders from the U.S. Air Force to deliver transient aircraft support and base operation services under the Air Force Contract Augmentation Program IV contract, ExecutiveBiz said Friday. The company said Thursday it received a $29 million task order fo...
TYSONS CORNER, VA, Aug. 1, 2016 ” Maximus (NYSE: MMS) has donated $20, 000 to the Volunteer Florida Foundation’s Florida Disaster Fund in support of the Orlando shooting victims, GovCon Executive said Thursday. The company said Thursday the Maximus Foundation’s donation is from employee contributio...
