The Executive Mosaic GovCon Index (GCI) posted another YTD high with its third consecutive daily increase, up 0.867 percent to 104.825. Engility Holdings topped the GCI with an almost 5 percent daily gain, while SAIC, AECOM, ICF, and ManTech International all posted greater than 2 percent increase on the day. All three major indices a...
Tom Ruff, vice president of public sector at Cambridge, Massachusetts-based content delivery network and cloud services provider Akamai Technologies (Nasdaq: AKAM), has said government agencies should establish a comprehensive œdefense-in-depth strategy to protect networks from distributed denial-of-service attacks, cross-site scripting and oth...
TYSONS CORNER, VA, Sept. 18, 2017 ” Two Cubic (NYSE: CUB) business units have set up exhibits to showcase various technologies at the Air Force Association’s three-day Air, Space & Cyber Conference 2017 in Maryland that began Monday, GovCon Executive reported. The company said Cubic Global Defense and Cubic Mission Solutions...
Weekly Roundup September 11 – September 15 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson This week, let™s take a look at the current landscape of mergers and acquisitions in the GovCon sector. Notable M&A activity includes: CenturyLink adjusting the clo...
L3 Technologies (NYSE: LLL) has purchased Colorado Springs, Colorado-based initial flight training company Doss Aviation for an undisclosed amount in a strategy to expand presence in the military pilot training market. New York City-based L3 said Thursday will integrate Doss Aviation into its electronic systems business segment and run the comp...
The Executive Mosaic GovCon Index (GCI) closed down 0.456 percent to 101.596. Advancing shares slightly lagged declining 12 to 17. The three major indices closed mixed on the day. The S&P500 closed down 0.11 percent to 2,495.62, while the DJIA set a new high gaining 0.20 percent to 22,203.48, and the NASDAQ Composite moved downward by ...
CACI International (NYSE: CACI) has won a potential three-year, $173 million task order from the U.S. Army to develop simulation and modeling tools for sensor and imaging systems. The company said Thursday it will support the Army’s Night Vision and Electronic Sensors Directorate under the task order that was awarded through the Rapi...
TYSONS CORNER, VA, Sept. 13, 2017 ” Concurrent Technologies Corp. President and CEO Ed Sheehan Jr. is a speaker at the Nuclear Energy Leadership Summit and Showcase in October and will discuss the company’s work at the Center for Advanced Nuclear Manufacturing in Pennsylvania, GovCon Executive reported Friday. The two-...
L3 Technologies (NYSE: LLL) has purchased Centreville, Virginia-based systems engineering firm Adaptive Methods for an undisclosed sum in a move to expand footprint in the undersea market. L3 said Tuesday it will incorporate Adaptive Methods into its sensor systems business segment to operate as L3 Adaptive Methods. Christopher Kubasik, L3...
The Executive Mosaic GovCon Index (GCI) closed up 0.478 percent to 102.351, reaching a second new 30 day high. Advancing outpaced declining shares 2 to 1. Investors responded positively to better than expected damage reports from Hurricane Irma. All three major indices reached new highs. The S&P500 closed up 0.34 percent to 2,496.48, w...
