Japan-based telecommunications conglomerate Nippon Telegraph & Telephone (NYSE: NTT) is planning to make a $3.52 billion offer to acquire a Dell business unit that provides information technology services to government, education and healthcare agencies, Nikkei reported Tuesday. The report said NTT looks to purchase...
Massachusetts-based hyperconvergence software startup SimpliVity has hired former Cisco (Nasdaq: CSCO) sales executives Gary DePreta and Geoff Fancher to join the former company’s sales team, CRN reported Monday. Kevin McLaughlin writes DePreta, formerly director of the national security agencies business at Cisco, will serve as head of S...
A Jacobs Engineering Group (NYSE: JEC) subsidiary has secured a potential five-year, $400 million contract to continue to provide test, evaluation and support services at NASA™s White Sands Test Facility in New Mexico. The Test Evaluation and Support Team 2 indefinite-delivery/indefinite-quantity contract awarded to Jacobs Techno...
The GovCon Index failed to hold onto positive momentum from a midday spike barely above the gain line Monday and ended at a decline of 0.573 points to 73.385 in a mixed day for U.S. financial markets. Declines among defense product and platform manufacturers in the Index lagged compared to services-oriented companies that led gainers....
TYSONS CORNER, VA, March 7, 2016 ” Jim Jasinski, vice president of federal business development and supply chain at Fortinet (Nasdaq: FTNT), told ExecutiveBiz in an interview published Wednesday his experience on federal procurements at FBI works to guide his views on information sharing and technology adoption at the company. “...
The GovCon Index posted a modest gain of 0.247 points to 73.958 Friday on a new Labor Department jobs report that investors believe does not indicate further interest rate hikes at the moment. Friday’s positive close puts the Index at a gain of 2.082 percent for the week to record its third consecutive five-day pe...
Feb. 29 – Mar. 4 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Government services contractors gained a new leading voice and public advocate this week in the form of a nearly 35-year veteran with a diverse background that includes high-profile roles in industry, the...
TYSONS CORNER, VA, March 3, 2016 ” Northrop Grumman (NYSE: NOC) is set to receive a potential $44.9 million sole-source contract from the Naval Sea Systems Command to provide laser technology, ExecutiveBiz reported Wednesday. The U.S. Navy said in a notice posted Friday on FedBizOpps that it seeks diode-pumped laser designation technology ...
William Searcy, a two-decade FBI veteran and a former head of information technology programs at the bureau, has joined Unisys Corp. (NYSE: UIS) to lead the technology services company’s new justice, law enforcement and border security initiative. Unisys said Thursday Searcy will help oversee the Blue Bell, Pa.-based company’s ...
Engility Holdings (NYSE: EGL) — one of 30 companies listed in Executive Mosaic’s GovCon Index — swung to a net loss for the fourth quarter of 2015 on reductions to the company’s market capitalization value after it issued fiscal year 2016 guidance below Wall Street’s expectations. The Chantilly, Va.-based governmen...
