The GovCon Index traded in negative territory throughout the session Tuesday and closed at a decline of 0.355 points to 73.388 as U.S. stocks also held marginally downward ahead of the scheduled Wednesday afternoon statement from Federal Reserve policymakers when their two-day meeting concludes. Index stock Vectrus (NYSE: VEC), a...
Mar. 7 – Mar. 11 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson The start of March has given investors everywhere a respite of calm so far after a January and February period of across-the-board, worldwide market volatility that carried over from the end of last year....
Frank Wiercinski, formerly a group vice president at Lockheed Martin (NYSE: LMT) and a retired U.S. Army lieutenant general, has joined Cubic (NYSE: CUB) as senior VP and managing director of its global defense segment’s operations in the Asia-Pacific region. He will manage the segment’s customer base i...
Scott Ward, a former director of engines and motors at the United Launch Alliance, will join Sacramento, Calif.-based propulsion technology manufacturer Aerojet Rocketdyne (NYSE:AJRD) as vice president of engineering. The 27-year aerospace engineering veteran will assume his new role on April 4 to offer more than&n...
The U.S. Air Force has unveiled the names of seven companies that will partner with Northrop Grumman (NYSE: NOC) to help build a fleet of B-21 Long Range Strike Bomber planes for the military service, Defense News reported Monday. Lara Seligman writes Air Force Secretary Deborah Lee James said in a news briefing at the ...
Feb. 29 – Mar. 4 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Government services contractors gained a new leading voice and public advocate this week in the form of a nearly 35-year veteran with a diverse background that includes high-profile roles in industry, the...
Aerojet Rocketdyne and United Launch Alliance have won separate “other transaction” agreements worth a combined $161.9 million to build rocket engine prototypes under the U.S. Air Force‘s Evolved Expendable Launch Vehicle initiative. The Air Force said Monday the $115.3 million OTA with Aerojet Rocketdyne center...
Feb. 22 – Feb. 26 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Consolidation among the large players the government services market have been well-documented in spaces such as these but the product makers in GovCon also have been in on the M&A deal action over t...
TYSONS CORNER, VA, February 25, 2016 ” A report by Visiongain indicates that Boeing (NYSE: BA), Lockheed Martin (NYSE: LMT), Orbital ATK (NYSE: OA) and Raytheon (NYSE: RTN) are some of the key players in the global military smart weapons market, ExecutiveBiz reported Wednesday. Visiongain said Monday the market will be worth $22....
Tribalco has appointed John Gregorits and Ronald Crocker to its capture team in an effort to support its long-term growth efforts and expand its contract vehicle portfolio. Gregorits, formerly senior director of business development at Vencore, will serve as Tribalco’s vice president of capture, Tribalco said Wednesday. In this role, he w...
