The GovCon Index posted a decline of 0.398 points to 78.106 Tuesday on losses by Boeing (NYSE: BA) and other large defense prime contractors but ended at a gain for May to record its fourth straight month of positive movement. The Index rose 2.523 percent for May and has climbed 7.763 percent for 2016 compared to the...
Fifteen companies and four universities have shown interest in pursuing a potential 10-year, $2.9 billion contract for management services at the National Nuclear Security Administration‘s Sandia National Laboratories, the Albuquerque Journal reported May 18. Michael Coleman writes that Lockheed Martin (NYSE: LMT) subsidiary San...
The State Department has approved a $260 million foreign military sale of logistics support services, support and communications equipment, personnel training and spare and repair parts for F-16 units to Oman. The Defense Security Cooperation Agency said Thursday the government of Oman has also requested electronic combat international se...
The GovCon Index closed down slightly 0.078 points to 78.195 with armored truck manufacturer Navistar International (NYSE: NAV) and CSRA (NYSE: CSRA) posting the largest percentage loses. CSRA conducted their fourth-quarter and full-year earnings call yesterday after the market close and posted mixed results, as reported in GovCon Wire. U...
TYSONS CORNER, VA, May 26, 2016 ” Battelle and Boeing (NYSE: BA) have teamed with the Texas A&M University System, the University of Texas System and the University of New Mexico in a joint bid to manage the Energy Department‘s Sandia National Laboratories, ExecutiveBiz reported Wednesday. Battelle said Tuesday DOE’s N...
Computer Sciences Corp. (NYSE: CSC) CEO Mike Lawrie told investors Tuesday the company will consider an undefined range of options regarding Hewlett-Packard Enterprise‘s (NYSE: HPE)’s U.S. public sector business in conjunction with CSC’s merger into HPE’s enterprise services segment. Tysons, Virginia-based CSC is ...
Sevatec has named Anantha Bangalore, former chief technical officer at Blackstone Technology Group, as chief technology officer to oversee the development of technology offerings and partnerships. The Fairfax, Virginia-based technology services contractor said Tuesday Bangalore brings with him 20 years of experience in informatio...
TYSONS CORNER, VA, May 16, 2016 ” The first three MH-60R Seahawk helicopters built by Lockheed Martin‘s (NYSE: LMT) Sikorsky subsidiary for Denmark have been delivered as part of a foreign military sales deal, ExecutiveBiz reported Friday. The U.S. Navy said Wednesday it transported the helicopters from Sikorsky’...
The GovCon Index held steady despite general choppy activity in U.S. financial markets during Thursday trade and closed at a gain of 0.304 points to 77.857 on strong performances by many platform and product makers in the contracting arena. Northrop Grumman (NYSE: NOC) and Lockheed Martin (NYSE: LMT) both rose at least $3.00 and reach...
The GovCon Index closed Friday with a 0.634-point increase to 7.206 amid buying activity in U.S. financial markets. The GCI also posted a weekly gain of 0.845 points as earnings reports from contractors over the past week — including Huntington Ingalls Industries (NYSE: HII), Engility Holdings (NYS...
