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Aerojet Rocketdyne (NYSE: AJRD) will combine its six business units into defense and space organizations as part of a corporate reorganization effort. The company said Monday the future senior vice presidents of Aerojet Rocketdyne Inc.‘s defense and space businesses will report directly to Eileen Drake,  president and CEO of Aerojet R...

The GovCon Index lost two full percentage points for a second consecutive trading session Monday as global financial markets continued to indicate investor concerns over the prospects of Britain’s vote Thursday to leave the European Union. Executive Mosaic‘s GovCon Index closed down 2.004 percent to 75.777 with Vectrus (NY...

Raytheon™s (NYSE: RTN) subsidiary has been awarded an estimated $218 million contract to update monitoring and sensor systems at the Woomera test range in the country’s southern region, Australian Associated Press reported Monday. Max Blenkin writes the 47, 177-square-mile military facility currently houses missil...

The GovCon Index was no exception to the effects of Britain’s vote to leave the European Union on global financial markets Friday as the GCI recorded its worst one-day percentage drop of 2016 by 2.805 percent to 77.327. Friday’s plunge brought the GCI from a weekly gain to a five-day loss of 1.175 percent and cuts the...

Sterling, Virginia-based technology and analytics services provider Neustar (NYSE: NSR) will divide into two independent, publicly-traded companies with an intended timeline of one year to completion via a spinoff intended as tax-free. Neustar said Tuesday the two separate businesses will be one focused on information services with $470 million i...

The Centers for Medicare and Medicaid Services has awarded 80 companies positions on a potential 10-year, $25 billion contract vehicle the agency intends to use as its primary mechanism for acquisitions of information technology services via task orders. CMS released the list of awardees in a Wednesday FedBizOpps n...

The GovCon Index rallied late Tuesday afternoon and ended at a narrow gain of 0.033 points to 78.945 as global investors held back over the U.K.’s potential European Union exit and also started to watch world central bank meetings. CACI International (NYSE: CACI) rose after the Air Force announced the services provider as t...