The GovCon Index continued on a steady upward trend to close at 74.289, up 0.408%. The Index rode the market up as WTI broke the $40/barrel mark and on positive economic news from the Federal Reserve agreeing to hold interest rate firm, at least for the time being. According to Bloomberg, stocks are finally in the...
TYSONS CORNER, VA, March 17, 2016 ” CAE (NYSE: CAE) has included a new C-130H/L-382 full-mission simulator to its C-130 training center in Florida that also features Rockwell Collins™ (NYSE: COL) Flight2 glass cockpit avionics system, ExecutiveBiz reported March 8. Ray Duquette, president and general manager of CAE USA, said in a company r...
TYSONS CORNER, VA, March 17, 2016 ” Fulcrum has announced Laura Smith as the company’s program manager in charge of business opportunities with the Defense Department and the General Services Administration‘s One Acquisition Solution for Integrated Services, GovCon Executive reported March 8. “Laura fits right into our team&br...
TYSONS CORNER, VA, March 17, 2016 ” Genesys Works will work with Fairfax County public schools in efforts to expand the company’s information technology internship program, GovCon Executive reported March 8. The company said March 7 that AT&T (NYSE: T) shared $500, 000 to help fund the program, which will cater to ...
TYSONS CORNER, VA, March 17, 2016 ” Concurrent Technologies Corp. has been included in Ethisphere Institute™s list of the World™s œMost Ethical Companies of 2016 in the scientific and technical services category, GovCon Executive reported March 8. CTC said March 7 Ethisphere used its Ethics Quotient to me...
TYSONS CORNER, VA, March 17, 2016 ” Microsoft (Nasdaq: MSFT) has been selected to help develop the high-impact baseline for the Federal Risk and Authorization Management Program as part of a pilot initiative, ExecutiveBiz reported Wednesday. Separate company blog posts published Tuesday indicated that the pilot works to support Micros...
Thales Group has closed its acquisition of San Jose, California-based data protection technology vendor Vormetric after the French conglomerate obtained regulatory clearance for the estimated $424 million transaction. Patrice Caine, CEO of Thales, said in a statement issued Thursday the company will integrate Vormetric into its...
The U.S. Navy has awarded three companies spots on a potential five-year, $1.32 billion contract to help maintain amphibious warfare and surface combatant ships that dock in San Diego. The Defense Department said Wednesday that BAE Systems, General Dynamics (NYSE: GD) unit NASSCO and Continental Maritime of San Diego, a subsidia...
Raytheon (NYSE: RTN) has received a $573 million contract modification to produce additional Advanced Medium Range Air to Air Missiles for the U.S. Air Force. The award exercises options for lot 30 of AMRAAM and related items, the Defense Department said Wednesday. Raytheon will manufacture the missiles in Tucson, Arizona, through Feb. 28, 2019...
Lockheed Martin (NYSE: LMT) has been awarded a potential three-year, $197.6 million contract modification to carry out computer program baseline development work on the U.S. Navy‘s Aegis combat systems. The contract also covers design, testing, systems engineering, delivery and integration work on technology insertion-relat...
