Northrop Grumman‘s (NYSE: NOC) chief executive signaled to investors Wednesday that he would rather reposition its technology services segment to different focus areas rather than pursue a sale or spinoff of the division. Falls Church, Virginia-based Northrop created the technology services segment at the start of this year from a rea...
The U.S. Air Force has awarded contract modifications worth a combined $88 million to 12 companies to provide information technology application services through the military branch’s Network-Centric Solutions-2 vehicle. The Defense Department said Tuesday work will occur through June 20, 2022 and the Air Force will determine ...
TYSONS CORNER, VA, July 26, 2016 ” Unisys (NYSE: UIS) will offer its Stealth enterprise information technology security product to government customers after the company received certifications from the National Security Agency and the National Information Assurance Partnership, ExecutiveBiz reported Monday. The company said Mond...
Executive Mosaic’s GovCon Index scored a gain in choppy trade Tuesday on help from defense prime stocks such as Lockheed Martin (NYSE: LMT), which posted second quarter earnings and sales above analyst expectations but issued some caution to analysts on future earnings and the F-35 program. The GovCon Index closed up 81.865 points to 0.27...
Lockheed Martin (NYSE: LMT) envisions further reductions in its outstanding share count after the merger of its information systems and global solutions business into Leidos Holdings (NYSE: LDOS) completes on its scheduled closure date of Aug. 16, Lockheed Chief Financial Officer Bruce Tanner told investors Tuesday. Tanner’s com...
Lockheed Martin (NYSE: LMT) lifted full-year earnings and revenue guidance Tuesday and exceeded analysts’ second quarter estimates for both figures on sales from the Sikorsky helicopter business acquired in November as negotiations between the company and U.S. government continue on the next two F-35 fighter jet batches. Bethesd...
Technica Corp. has won a potential five-year, $224.4 million task order to provide information technology services to the U.S. Air Force under the service branch’s Network-Centric Solutions-2 contract vehicle. The order has a one-year base period that will run through July 31, 2017, and covers IT support for the ...
Information Innovators Inc. has secured a potential five-year, $100 million contract from the Food and Drug Administration to provide web content management system support services. Triple-i said Tuesday the new blanket purchase agreement seeks to expand the services the company provided under a previous contract, ...
Executive Mosaic’s GovCon Index closed above 81 points for the first time Monday as the S&P 500 composite index ended at a new record high as investors sought to carry Friday’s rally after the pre-market June jobs report then. The GovCon Index gained 0.293 points to 81.106 as seven of the 30 stocks hit n...
TYSONS CORNER, VA, July 11, 2016 ” Engility (NYSE: EGL) will provide technical support for the U.S. Navy‘s flight clearance and aircraft worthiness efforts under a $38 million contract, ExecutiveBiz reported Thursday. The company said Thursday the contract from the Naval Air Systems Command‘s Airworthiness Office and CYBER...
