Jan. 4 – Jan. 8 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Any thoughts that the start of 2016 would be smooth sailing for U.S. government contracting stocks and financial markets have quickly been cast aside as volatility from 2015’s second half carried into the...
TYSONS CORNER, VA, January 8, 2016 ” Michael Shrader, vice president of Carahsoft Technology‘s innovative and intelligence solutions business, said information technology vendors can find opportunities to address existing technical challenges in the healthcare sector, ExecutiveBiz reported Thursday. Shrader wrote in a blog entry posted We...
The State Department has cleared Iraq’s request to purchase major defense equipment such as Lockheed Martin‘s (NYSE: LMT) Hellfire missiles and Captive Air Training Missiles under a potential $800 million foreign military sale contract. The Defense Security Cooperation Agency said Thursday the order includes 5, 000 AG...
Science Applications International Corp. (NYSE: SAIC) has secured a potential eight-year, $485 million contract to continue to provide operational support services for NASA™s Enterprise Applications Competency Center. The follow-on, cost-plus-performance-fee contract was awarded through the Enterprise Applications Service Technologies prog...
The GovCon Index suffered a reversal from the prior day’s gain Wednesday to close at a decline of 0.7 points — or 0.910 percent — to 76.185 as U.S. investors reacted to more oil price declines and showed continued concerns about China’s economy. The S&P 500 plunged 1.31 percent to close at the 1, 990...
TYSONS CORNER, VA, January 6, 2016 ” Parsons has reorganized its business structure into five units that will work to drive growth opportunities as part of the company’s Forward initiative, ExecutiveBiz reported Tuesday. Parsons said Monday Mary Ann Hopkins, president of its government services group, will head the new federal unit a...
Tata Consultancy Services, an India-based information technology consulting firm, has resumed negotiations over its plans to acquire IT services provider Perot Systems from Dell, The Economic Times reported Monday. Anirban Sen and Jochelle Mendonca write Dell plans to sell Perot Systems for approximately $5 billion and has secured offers from IT fir...
Jeff Jancek, a 22-year U.S. Army veteran, has been named vice president at American Systems and director of the firm’s live, virtual and constructive training group. Jancek will be responsible for the group’s business opportunity identification and LVC program execution, American Systems said Monday. Pete Pflugrath, VP and general manage...
TYSONS CORNER, VA, January 5, 2016 ” Ray Duquette, president and general manager of CAE‘s U.S. arm (NYSE: CAE), has said the company incorporates multiple networked simulators during military pilots and flight crews’ training and mission rehearsal, ExecutiveBiz reported Monday. The Tampa Tribune reported Saturday these simulato...
The GovCon Index started 2016 with a steep decline of 1.712 percent to 75.764 Monday as U.S. stocks mirrored large losses in global financial markets over growth concerns. Armored truck maker Navistar International (NYSE: NAV) held against market forces with a gain of 8.94 percent to lead all GovCon Index gainers, and four other liste...
