Executive Mosaic’s GovCon Index reversed an initial weak open to register a gain Friday that was not enough to push the GCI to positive for the week as second quarter earnings reports started for government contracting companies. The GovCon Index added 0.289 points to 81.788 Friday but ended at a nominal five-day ...
July 18 – July 22 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson As is the custom of recent times, Lockheed Martin started a new earnings season for GovCon companies Tuesday with a boost to its full-year guidance and second quarter financial results that ...
TYSONS CORNER, VA, July 22, 2016 ” The U.S. Navy has awarded Serco‘s North American subsidiary a 10-month, $18.9 million task order to install command, control, communications, computers, intelligence, surveillance and reconnaissance systems aboard the USS Harry Truman aircraft carrier, ExecutiveBiz reported Wednesday. The compa...
TYSONS CORNER, VA, July 22, 2016 ” Jack London, CACI International (NYSE: CACI) executive chairman and chairman of the board, has been awarded the Northern Virginia Chamber of Commerce™s Lifetime Distinguished Service Award in recognition of his support for providing veterans business opportunities, GovCon Executiv...
TYSONS CORNER, VA, July 22, 2016 ” Riverbed Technology has opened a new facility in India that will work to support its research and development work on application performance and cloud networking technology, ExecutiveBiz reported Thursday. The company said Wednesday Kartik Subbanna, its vice president of engineering in India, w...
TYSONS CORNER, VA, July 22, 2016 ” Boeing (NYSE: BA) has received a $27.1 million contract from the U.S. Air Force to provide simulation equipment and support services for the service branch’s mission training center, ExecutiveBiz reported Thursday. The Defense Department said Wednesday the contract covers simulators for trainin...
TYSONS CORNER, VA, July 22, 2016 ” L-3 Communications (NYSE: LLL) has unveiled a new intelligence, surveillance and reconnaissance aircraft at the Farnborough Air Show in the U.K. as it eyes further expansion in the international market, ExecutiveBiz reported Thursday. FlightGlobal reported Wednesday the Spydr II twin-turboprop a...
Executive Mosaic’s GovCon Index tumbled Thursday on large declines among defense prime companies as U.S. stocks traded lower on falling oil prices and mixed earnings reports among blue chips. The GovCon Index declined 0.694 points to 81.499 as none of the GCI’s 11 S&P 500-listed stocks closed at a ...
TYSONS CORNER, VA, July 21, 2016 — NEC Corp. of America has been included in Red Hat‘s (NYSE: RHT) Certified Cloud and Service Provider program after accomplishing all enterprise cloud deployment certification and testing requirements, ExecutiveBiz reported Tuesday. NEC said Monday it will utilize managed, multitenant...
TYSONS CORNER, VA, July 21, 2016 — CenturyLink (NYSE: CTL) has received a potential $29 million contract to help develop and manage a disaster recovery program for the Office of the Comptroller of the Currency‘s mission-critical systems, ExecutiveBiz reported Monday. The company said Monday it will also assist in the progr...
