Aerojet Rocketdyne (NYSE: AJRD) will combine its six business units into defense and space organizations as part of a corporate reorganization effort. The company said Monday the future senior vice presidents of Aerojet Rocketdyne Inc.‘s defense and space businesses will report directly to Eileen Drake,  president and CEO of Aerojet R...
The GovCon Index lost two full percentage points for a second consecutive trading session Monday as global financial markets continued to indicate investor concerns over the prospects of Britain’s vote Thursday to leave the European Union. Executive Mosaic‘s GovCon Index closed down 2.004 percent to 75.777 with Vectrus (NY...
Kevin Cook, chief financial officer at Booz Allen Hamilton (NYSE: BAH), will join McLean, Virginia-based government technology and engineering services contractor Alion Science and Technology as CFO in a move that takes effect July 5. He is due to leave Booz Allen by July 1 and Alion Science said Monday he will br...
Washington-based private equity firm Arlington Capital Partners has purchased Fredericksburg, Virginia-based big data analytics and cloud platforms provider EOIR Technologies for an undisclosed sum. Former EOIR Chief Operating Officer Peter Cannito will lead the company as CEO under the new ownership, Arlington Capital said Friday. Michael ...
The GovCon Index was no exception to the effects of Britain’s vote to leave the European Union on global financial markets Friday as the GCI recorded its worst one-day percentage drop of 2016 by 2.805 percent to 77.327. Friday’s plunge brought the GCI from a weekly gain to a five-day loss of 1.175 percent and cuts the...
June 20 – June 24 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Thursday™s highly-anticipated and historic œBrexit vote in the U.K. led investors all over the world and so many other interested stakeholders to speculate over the implications of Brita...
TYSONS CORNER, VA, June 24, 2016 ” Amazon Web Services (Nasdaq: AMZN), CSRA (NYSE: CSRA) and Microsoft (Nasdaq: MSFT) have been designated cloud service providers under the Federal Risk and Authorization Management Program‘s high baseline security level, ExecutiveBiz reported Thursday. The companies met the high baseline requirements...
TYSONS CORNER, VA, June 24, 2016 ” Davis Johnson, vice president for the U.S. public sector at Riverbed Technology, has said the federal market is learning from industry best practices and catching up with the private sector’s adoption of service provider and cloud strategies, ExecutiveBiz reported Wednesday. He told ExecutiveB...
TYSONS CORNER, VA, June 24, 2016 ” Rebecca Cowen-Hirsch, senior vice president for government strategy and policy at Inmarsat, has said government and industry collaboration in the space systems business segment will facilitate increased resiliency of operations, ExecutiveBiz reported Tuesday. Cowen-Hirsch wrote in a blog post published Monday&...
Raytheon (NYSE: RTN) has acquired a $523 million foreign military sales contract from the U.S. Army to modernize six Patriot air and missile defense fire units for Kuwait. Services will be conducted in sites across Alabama, Massachusetts and California as well as in Norway, Italy, Greece, Canada and the U.K., the Defense Departme...
