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CenturyLink (NYSE: CTL) and Level 3 Communications (NYSE: LVLT) have received regulatory clearances in Maryland, Delaware, Hawaii and Washington, D.C., for the companies™ planned merger that was announced in October 2016. The approvals are in addition to the clearances the firms earlier received from the states of ...

TYSONS CORNER, VA, April 11, 2017 ” CenturyLink (NYSE: CTL) has secured a potential $6 million contract from the General Services Administration for hosted contact center and voice over internet protocol services to the Federal Acquisition Service, ExecutiveBiz reported Monday. The company said Monday the contract awarded through...

TYSONS CORNER, VA, April 11, 2017 ” IBM (NYSE: IBM) has partnered with PNC Bank, Corporate America Supports You and the National Cyber-Forensics Training Alliance to offer an expanded technology training program in Pennsylvania that works to certify military veterans for employment, GovCon Executive reported Monday. The technology company ...

The government of Australia has named Raytheon (NYSE: RTN) the sole bidder on a potential $1.5 billion contract to develop a land-based aerial defense platform, Reuters reported Monday. Jamie Freed writes Marise Payne, Australia™s defense minister, said the National Advanced Surface to Air Missile System seeks to replace the country™s...

Weekly Roundup April 3 – April 7 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson This week the GovCon industry witnessed several large-scale mergers and acquisitions, as well as a number of executive moves in both the public and private sectors. Computer Sciences Corp....

Belcan, a portfolio company of private investment firm AE Industrial Partners, has agreed to buy Schafer Corp. from Metalmark Capital Partners for an undisclosed amount in a move to expand its technical and engineering service offerings. Both companies expect to complete the transaction in the second quarter of 2017, Belcan said ...

TYSONS CORNER, VA, April 6, 2017 ” Bill Rowan, vice president of federal sales at VMware (NYSE: VMW), has said the use of cloud and other technologies such as software-defined networking works to drive IT automation at government agencies, ExecutiveBiz reported Monday. Federal News Radio reported Friday that Rowan, an inductee into Ex...

TYSONS CORNER, VA, April 5, 2017 ” Jennifer Chronis, general manager for Defense Department programs at Amazon Web Services (Nasdaq: AMZN), has said DoD can leverage security as one of many benefits in the adoption of cloud platforms, ExecutiveBiz reported Monday. She wrote in an article published March that other advantages to c...

Executive Mosaic’s GovCon Index reaches new 30 day low to close at 89.908 down 0.852 percent. In spite of being up for most of the trading day the major indices all dropped for a loss in the last hour of trading. The S&P500, DJIA, and NASDAQ all reached a seven day low. The Fed’s announcement that...