Weekly Roundup May 1 – May 5 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Earlier this week, Congress finally reached an agreement on the contentious fiscal 2017 budget. The $1.16 trillion omnibus spending bill allocates $598.5 billion in discretionary funding to the Dep...
Weekly Roundup April 10 – April 13 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Since the election of President Trump, the Department of Homeland Security has been a topic of much discussion, particularly the Customs and Border Protection agency. Trump’s camp...
Weekly Roundup April 3 – April 7 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson This week the GovCon industry witnessed several large-scale mergers and acquisitions, as well as a number of executive moves in both the public and private sectors. Computer Sciences Corp....
Reston, Va.-based government technology services contractor STG Group has agreed to acquire software engineering and computing provider Preferred Systems Solutions for $119 million in a push to add new footprints in the intelligence community and other national security agencies. STG said Tuesday it expects to close the transaction by th...
The U.S. Navy has awarded Textron‘s (NYSE: TXT) Bell Helicopter subsidiary a $49.1 million contract to obtain long-lead materials and components needed to manufacture 27 lot 15 AH-1Z aircraft for the U.S. Marine Corps. Bell Helicopter will perform contract work in Fort Worth and Amarillo, Texas, through March 2018...
Harris Corp. (NYSE: HRS) has agreed to sell its government information technology services business to private equity investment firm Veritas Capital for approximately $690 million in the military radio maker’s second major divestiture over less than one month as part of its larger portfolio reshaping effort. The deal comes approxima...
October 31 – November 4, 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson In this last full week before a most unusual election, the evolving narrative of a re-shaping government contracting landscape added more chapters as this week™s assortment of stories Go...
TYSONS CORNER, VA, Nov. 4, 2016 ” VMware‘s (NYSE: VMW) enterprise mobility management platform has received an authority-to-operate from the U.S. Census Bureau under the Federal Risk and Authorization Management Program to allow its deployment in government agencies, ExecutiveBiz reported Thursday. The company said Thursday...
Washington-based private investment firm Enlightenment Capital has generated $147 million in capital commitments for its second fund in support of efforts to implement a strategy to invest in middle market firms in the aerospace, defense and government sector. Devin Talbott, managing partner at Enlightenment Capital, said in a statement re...
October 24 – October 28, 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Outlooks of the government contracting market’s future trajectory and its ongoing dynamics dominated the attention of sector leaders and observers this week, during which GovCon Wire helped ...
