Mitchell Jukanovich, formerly senior director of intelligence and international sales for Forcepoint, has joined Tripwire as vice president of federal sales. He will oversee the company’s sales efforts in the public sector as part of his new role, Tripwire said Thursday. Dave Dickison, VP of worldwide sales at Tripwire, said th...
Cubic Corp. (NYSE: CUB) has promoted David Buss to president of the San Diego-based contractor’s global defense segment and Mike Twyman to president of the company’s newly-established mission solutions business division as part of a realignment initiative. The company said Wednesday Buss, a senior vice president in the global def...
The GovCon Index rallied 1.197 percent to 78.192 on gains led by the GCI’s services-focused contractors and defense prime Northrop Grumman (NYSE: NOC) on news that the U.S. lifted its embargo on weapons sales to Vietnam. Science Applications International Corp. (NYSE: SAIC) added 4.01 percent — or $2.10 &nbs...
The GovCon Index closed the week up 0.705 points to 77.776 to mirror major market indexes’ gains as fears of a June interest rate hike by the Federal Reserve subsided. The Dow Jones Industrial Average climbed 65.54 points to close at 17, 500.94, the S&P 500 was up 12.28 points to 2, 052.32 and Nasdaq...
As fears of the June Federal Reserve rate hike subsided the GovCon Index and major market indexes closed the week in the positive. The GovCon Index closed at 77.776 up 0.705 points, the Dow Jones Industrial Average was up 65.54 points to close at 17, 500.94, the S&P500 gained 12.28 to 2, 052.32, and the NASDAQ...
Joseph Nicholas, formerly vice president of the cyber intelligence and operations sector at Parsons, will join Reston, Virginia-based information technology services contractor STG on May 23 as senior vice president and sector leader for cybersecurity and secure information systems. He will oversee the company’s efforts to develop IT...
The GovCon Index hovered in neutral territory during the final two hours of trade Wednesday and closed at a gain of 0.220 points to 77.591 despite its descent from a strong early afternoon session. The GCI hit volatility in conjunction with the S&P 500 composite index shortly after 2 p.m. upon the release of the Fed...
The GovCon Index posted its second gain of more than a full point in three weeks Monday to close up 1.052 points — or 1.366 percent — to 78.090. Contractor stocks rode the wave of positivity in U.S. markets after Warren Buffett’s Berkshire Hathaway investment arm disclosed its now-$1 billion ...
The GovCon Index held lower throughout Friday trade in a reflection of dim sentiment in U.S. markets and closed down 1.052 percent to 77.038 with many of the GCI’s largest prime contractors as the biggest decliners after a nearly four-day stretch as the drivers of gains. Friday’s close puts the Index at a loss of 0.155&nbs...
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...
