The GovCon Index erased two days of losses with a gain of 1.183 percent to a one-month high close of 74.769 Wednesday as U.S. markets reacted to the Federal Reserve‘s April meeting minutes that showed some hesitance by policymakers over whether to raise interest rates in April. Healthcare stocks in the S&P 500 composite inde...
Donald Renner, a retired U.S. Army colonel, has joined IEM as vice president of its defense and information technology arm, where he will oversee the firm’s business in the IT and defense sectors. The global security consulting company said Wednesday Renner brings his three-decade experience in federal IT services. ...
The GovCon Index received a jolt Tuesday from Science Applications International Corp.‘s (NYSE: SAIC) latest earnings report and other general market conditions to close at a gain of 1.612 percent to 74.129. McLean, Virginia-based GovCon services contractor SAIC led Index gainers at 11.45 percent after the company said it exceed...
Lee Shabe, formerly president and general manager at L-3 Communications™ (NYSE: LLL) national security solutions unit, has joined ViON as vice president of the cloud solutions program management office. Shabe will be responsible for pricing, program management and delivery of ViON™s cloud platforms and as-a-service offerings, ViON sai...
Ascolta, a subsidiary of ViON, has appointed Brad Cox as chief data scientist and Clint Green as chief technology officer. Cox will be responsible for the design and execution of detection tools intended for network intrusions in his role at the Herndon, Virginia-based analytics firm, Ascolta said Thursday. Prior to joining Ascolta, Cox worked ...
J.D. Kuhn, former senior vice president and controller at Salient CRGT, has been promoted to chief financial officer at the Fairfax, Va.-based software development and data analytics contractor. The company said Tuesday that Kuhn succeeds Ted Dunn, who will retire from the company after six years both there and the predecessor Sa...
The Department of Veterans Affairs has awarded 21 companies spots under a potential 10-year, $22.3 billion acquisition vehicle that covers information technology upgrades support for VA and other federal agencies. The contractors will compete for task orders to provide healthcare IT, systems and software engineering, enterp...
The GovCon Index held steady in positive territory throughout the trading session Thursday to close at a gain of 0.487 points to 73.711 as U.S. markets anticipated Friday’s jobs report from the Labor Department. Investors also looked at data that showed weekly jobless claims at 278, 000 and factory orders climbed 1.6 percen...
The GovCon Index edged higher Wednesday with a gain of 0.300 points to 73.224 as the three major U.S. stock indices also closed narrowly up on new data investors welcomed as showing slight improvement in the U.S. economy. The latest National Employment Report from payroll processing services company ADP and Moody’s Analytics said pri...
The GovCon Index fell into a decline over the final two hours of trade Monday to end the full session at a loss of 0.351 points to 72.136 but still end February at a gain for the month. The Index rose 0.329 points in February as investors continued to welcome additional earnings reports from some government contractors ...
