Executive Mosaic’s GovCon Index advanced Friday to complete its sixth consecutive weekly gain in an extended post-election climb that has seen the GCI hit a series of record high closes. The GCI has risen 14.75 percent over six weeks with the U.S. stock bellwether S&P 500 composite index up 6.26 percent in that time as investors...
TYSONS CORNER, VA, Dec. 9, 2016 ” General Dynamics‘ (NYSE: GD) information technology business has named IT consulting provider Cosmos IT Solutions as a “high-performing” small business subcontractor in recognition of its work in the past year, GovCon Executive reported Thursday. GDIT President Dan Johnson ...
The U.K. defense ministry has awarded BAE Systems a potential $361 million contract to build and deliver an additional two offshore patrol vessels to the country™s naval force. The construction of HMS Tamar and HMS Spey brings the total number of the Royal Navy™s River-class OPVs to five ships that are scheduled to enter service in...
Booz Allen Hamilton‘s (NYSE: BAH) pending $250 million purchase of Laurel, Maryland-based cloud computing and digital services contractor Aquilent represents a selective entry into the GovCon acquisition landscape for a firm as it has made five purchases. McLean, Virginia-based Booz Allen largely sat out of last year’s ...
TYSONS CORNER, VA, Dec. 8, 2016 ” CACI International (NYSE: CACI) will provide deployable analytical operations, integrated intelligence and training services in support of the Joint Improvised-Threat Defeat Organization under a potential $1.77 billion task order from the General Services Administration, ExecutiveBiz reporte...
TYSONS CORNER, VA, Dec. 8, 2016 ” Parsons has received the Large Business Prime Contractor of the Year and the Mentor-Protege Agreement of the Year awards from NASA for the company’s support to small businesses, GovCon Executive reported Wednesday. The 2016 Small Business Industry Awards recognized Parsons’ ...
TYSONS CORNER, VA, Dec. 8, 2016 ” Wayne Lewandowski, vice president of federal operations at Vormetric, has said data transformation and cloud are two areas that the data protection technology provider is exploring following its acquisition by Thales Group. He told ExecutiveBiz in an interview published Wednesday that Thale...
Mark Welsh III, a retired U.S. Air Force general and current dean of the Bush School of Government and Public Service at Texas A&M University, has joined the board of directors at Northrop Grumman (NYSE: NOC). Northrop expands its board of directors to 14 members with the addition of Welsh, the company said Thursday. “His extensive...
GovCon Index-listed Science Applications International Corp. (NYSE: SAIC) reported third quarter earnings above the consensus Wall Street analyst forecast Thursday as the government contractor also set a record book-to-bill ratio since its September 2013 spinoff from former parent Leidos Holdings (NYSE: LDOS). SAIC reported $0.91 earnings per share ...
Dan Morris, a former senior account executive at Adobe Systems (Nasdaq: ADBE), has been named senior director of government services at Gaithersburg, Maryland-based satellite communications firm.UltiSat. Morris will be responsible for helping expand the company™s projects with U.S. defense agencies and professional services portfolio,...
