Processing....
May 23 – May 27 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Just when we thought GovCon was on a merger-and-acquisition hiatus, two deals have garnered our attention this week with one that has definitive effects in the public sector and a seco...
The GovCon Index consistently traded lower for the entirety of Monday trade and closed at a decline of 0.509 points to 77.267 with U.S. financial markets choppy in light of a sharp gain by Apple and speculation among investors about potential interest rate hikes this year. Boeing (NYSE: BA) nudged out a gain of 24 cents and&A...
KBR‘s (NYSE: KBR) move to purchase U.S. government engineering and technical services contractor Wyle Laboratories for $570 million aims to add a pipeline of domestic research-and-development services to federal agencies as a complement to work carried out overseas, KBR CEO Stuart Bradie told investors Monday. Bradie said aÂ&...
Houston-based KBR (NYSE: KBR) has agreed to purchase U.S. federal engineering and scientific services contractor Wyle Laboratories for $570 million in a move both companies expect to create a global government services business segment with an estimated $2 billion in projected annual contract work. KBR said Monday it expects to close the transaction...
Charles Cosgrove, formerly chief financial officer at systems integrator CRGT, will join Reston, Va.-based government contractor STG in the same role on Nov. 6. “Cosgrove has the ideal combination of experience as a public company CFO with in-depth knowledge of the U.S. federal government and technology mark...
The U.S. Army has awarded a $95 million task order to five companies for the maintenance of U.S. embassies worldwide. Michael Baker Global Services, Fluor, KBR, Aecom and Weston Solutions will work to renovate embassy spaces through July 23, 2020, the Defense Department said Monday. The Army Corps of Engineers received 13 bids for the...
Eight companies have won positions on a potential six-year,  $5 billion contract to provide logistics, base life and operations support services on a contingency basis to the U.S. Air Force. The Air Force received 10 proposals for the Air Force Contract Augmentation Program IV indefinite-delivery/indefinite-quanti...
Bill Bodie, head of business development for Fluor Corp.’s (NYSE: FLR) government group since the fall of 2013, has been appointed an executive vice president of the Middle East and Africa business at Parsons, where he worked for the five years prior to Fluor. Parsons said Monday he will oversee the company’s busi...
Stuart Bradie has taken the president and CEO roles at global engineering contractor KBR (NYSE: KBR) nearly two months after the company announced him as the successor to William Utt. KBR said Tuesday the 25-year industry veteran will be based out of the company’s Houston ...
Stuart Bradie, group managing director for operations and delivery at WorleyParsons, is set to join KBR (NYSE: KBR) as its new president and chief executive officer effective June 2, following William Utt’s retirement. The engineering, construction and services firm said Wednesday Bradie will be based out of...
