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...
Kratos Defense & Security Solutions (Nasdaq: KTOS) has appointed Steve Fendley as senior vice president and general manager/chief technology officer for the Composite Engineering Inc. business unit of the company’s unmanned systems division. Kratos said Thursday Fendley will oversee CEi business and manage the expansion of the unit...
The GovCon Index held lower throughout the trading session Tuesday and closed at a decline of 1.071 percent to 72.599 on earnings misses from two GCI stocks and investor reaction to oil price declines and new trade data out of China. ICF International (Nasdaq: ICFI) dropped 8.37 percent a day after the consulting services company post...
The State Department has cleared a potential $225 million foreign military sale of Large Aircraft Infrared Countermeasure systems and logistics support for the United Arab Emirates’ C-17 military transport planes. Boeing (NYSE: BA) and Northrop Grumman (NYSE: NOC) will act as principal contractors for the&nbs...
Feb. 16 – Feb. 19 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Over the past two weeks here, we have taken different looks at Executive Mosaic’s 2016 Wash100 list of the government contracting arena’s most influential voices and pulled out some simi...
The GovCon Index barely held positive territory in a narrow final hour of trade Thursday to record a nominal gain of 0.041 points to 71.389 Thursday and remain in a correction for the seventh consecutive day, or 10 percent down from its most recent high on Dec. 1. ManTech International (Nasdaq: MANT) rose 1.48 percent after...
FCi Federal has appointed seven new executives to its management team in an effort to boost its expansion in the government services sector. Jeffrey Leong, a U.S. Air Force veteran and former chief financial officer at a business unit of Northrop Grumman (NYSE: NOC), will serve as the company™s CFO, FCi Federal said Tuesday. Claude...
Feb. 8 – Feb. 12 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Many reasons have been put forth as to why global financial markets continue to be in turmoil but this week showed there may be no end in sight to this period of volatility that has carried...
The GovCon Index reversed a negative open of at least 1 percent as Tuesday’s trading day progressed but hit another dip in the final hour to end at a nominal gain of 0.044 points to 70.079. Gains in biotechnology and material shares helped U.S. stocks bounce back in Monday’s afternoon session but also ended at...
Steve Trieber, formerly senior vice president of the analytic fusion and identity intelligence division at CACI International (NYSE: CACI), has joined Modern Technology Solutions Inc. as vice president of strategic development. MTSI President and CEO Kevin Robinson said Tuesday that Trieber will work to help the company grow...
