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...
The GovCon Index recovered from a plunge of more than 1 percent its first hour of trade Monday to end with a loss of 0.311 points to 71.629 in activity that mirrored reversals in U.S. stocks from negative to positive. Gains in technology shares such as Facebook and Google‘s parent Alphabet helped drive the recovery...
Jan. 25 – Jan. 29 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Needless to say, we have a lot to address here after a heavy news week that featured news of government contracting’s largest merger this decade, plus a batch of 2015 earnings report...
The GovCon Index showed a nominal gain of 0.076 points to 69.839 Thursday as investors with interest in the defense and government contracting industries digested a new round of earnings statements from more of the sector’s largest companies. Thursday’s close represents the Index’s second straight day that ended below 70 and extend...
The GovCon Index retreated with a loss of 1.295 percent to 70.580 Monday in a move that puts the Index back into a correction, or 10 percent off its most recent high, for the second time this month. Monday’s plunge starts a week in which investors who follow defense and government contracting sectors await a ...
Jan. 18 – Jan. 22 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Volatility in financial markets has become a fact of life all over the world and has sent investors questioning where the opportunities are in the midst of headwinds such as declining commodity pric...
The GovCon Index attempted to turn around sharp losses incurred mid-afternoon Friday during the day’s final trading hour and closed at a gain/loss of 0.086 points to 72.182. The Index had shown a decline of around 1.1 percent at around 2 p.m. Eastern time before a reversal that started shortly before 3 p.m. as U.S....
