Executive Mosaic’s GovCon Index retreated Friday in the final trading session of 2016 to close a negative December but but a positive year on a boost to defense stocks in the post-election rally that has swept through U.S. markets. The GovCon Index closes 2016 with a year-to-date gain of 16.73 percent as the U.S. stock...
TYSONS CORNER, VA, Dec. 30, 2016 ” The Professional Services Council has elected PV Puvvada, president of Unisys‘ (NYSE: UIS) federal business unit, to serve on its board of directors for another three years, GovCon Executive reported Dec. 23. Puvvada was also appointed as a new member on its executive committee and as chairman of PS...
TYSONS CORNER, VA, Dec. 30, 2016 ” Rebecca Cowen-Hirsch, senior vice president for government strategy and policy at Inmarsat, has stated that the government’s current satellite communications procurement model is fragmented and unable to address new complex demand, ExecutiveBiz reported Dec. 22. “The government should no longer fol...
Executive Mosaic’s GovCon Index moved higher Thursday on broad gains among defense primes and services contractors as U.S. stocks closed slightly lower in a mostly quiet penultimate trading session for 2016. Investors continued their post-election focus on defense and other GovCon stocks, while the S&P 500 composite index turned ...
TYSONS CORNER, VA, Dec. 29, 2016 ” Jeff Sorenson, head of A.T. Kearney‘s public sector and defense services segment, has said President-elect Donald Trump’s military expansion plans could spur growth in the defense sector, ExecutiveBiz reported Friday. Sorenson stated that potential policies under the next administration could help ...
TYSONS CORNER, VA, Dec. 29, 2016 ” Janus Global Operations has destroyed 1, 246 landmines and other unexploded ordnance across the Erbil, Duhok and Sulaymaniyah provinces of Kurdistan in Iraq as part of a demining project with the Iraqi-Kurdistan Mine Action Agency, ExecutiveBiz reported Friday. The company said D...
The U.S. Air Force has launched a full and open competition on the development of a new Joint Surveillance Target Attack Radar System to support airborne battle management command-and-control, intelligence, surveillance and reconnaissance operations of joint and coalition forces. A request for proposal document for the JSTARS Recap...
Ameresco has won a potential 25-year, $210.6 million task order to help the U.S. Navy implement energy improvement and conservation measures at Marine Corps Recruit Depot in Parris Island, South Carolina. The Defense Department said Wednesday the company will provide a new combined heat and power plant, solar carport and gr...
TYSONS CORNER, VA, Dec. 28, 2016 ” CACI International (NYSE: CACI) has received an enterprise-wide certification from the International Organization for Standardization for the company’s information technology infrastructure policies and practices, ExecutiveBiz reported Dec. 21. An external audit was conducted on CACI’s internal inf...
TYSONS CORNER, VA, Dec. 28, 2016 ” Professional Services Council has appointed Carey Smith, president of Parsons‘ federal business unit, to be the secretary of the trade association’s board of directors, GovCon Executive reported Thursday. Smith will also continue to serve as a member of PSC’s executive committee for anot...
