October 24 – October 28, 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Outlooks of the government contracting market’s future trajectory and its ongoing dynamics dominated the attention of sector leaders and observers this week, during which GovCon Wire helped ...
TYSONS CORNER, VA, Oct. 28, 2016 ” Johns Hopkins University Applied Physics Laboratory has appointed Andrew Merkle, formerly program area manager for research and exploratory development, as RED mission area executive, GovCon Executive reported Thursday. The lab said Wednesday Merkle will be in charge of a team that performs research ...
TYSONS CORNER, VA, Oct. 28, 2016 ” Harris Corp. (NYSE: HRS) has unveiled a new night-vision technology that works to support warfighter missions in the nighttime and in low-light environments, ExecutiveBiz reported Thursday. The company said Wednesday the F5032 Lightweight Night Vision Binocular is also designed to limit eye fatigue a...
Cognosante has purchased Business Information Technology Solutions for an undisclosed sum in a push to expand the former™s presence in the public health information technology sector. BITS will operate as a subsidiary and Founder and CEO Dan McQuay will continue to lead the business under the new ownership, Cognosante said Thurs...
Executive Mosaic’s GovCon Index posted its biggest percentage decline in four weeks Thursday after Raytheon (NYSE: RTN) and L-3 Communications (NYSE: RTN) posted guidance ranges below Wall Street analysts’ expectations with other large defense primes also the GCI’s largest drags. GovCon Index decliners outnumbered advancers at...
Executive Mosaic’s GovCon Index traded higher against mixed activity in U.S. stock markets Wednesday for a second consecutive session on large contributions from Boeing (NYSE: BA) and Northrop Grumman (NYSE: NOC) after both aerospace-defense companies boosted their full-year outlooks. GovCon Index advancers edged ...
For the government technology services sector, the third quarter was strong and a step up from the prior years™ flat or shrinking activity throughout the industry, according to Bob Kipps, managing director at Tysons Corner-based aerospace and defense investment bank KippsDeSanto & Co. “Operationally, 2016 has been the year w...
General Dynamics (NYSE: GD) CEO Phebe Novakovic singled out to investors Wednesday the company’s potential five-year contract to support a Census Bureau contact center as part of what she referred to as a “diving board” for growth in the information systems and technology segment. That contract worth up to ...
Satellite imagery vendor DigitalGlobe (NYSE: DGI) has acquired data sciences services company Timbr in a continued push to expand cloud-based offerings and create new analytics techniques to manage large volumes of information, DigitalGlobe CEO Jeffrey Tarr told investors Tuesday. This deal comes nearly two weeks after Westminster, Co...
The Government Accountability Office has said that Northrop Grumman™s (NYSE: NOC) proposal for the U.S. Air Force™s Long Range Strike Bomber program held œsignificant structural advantages over a bid by the team of Boeing (NYSE: BA) and Lockheed Martin (NYSE: LMT), Bloomberg reported Wednesday. Anthony Capaccio and Julie Joh...
