The GovCon Index closed Friday with a decline of 0.551 points to 79.942 but ended with its fourth consecutive weekly gain with a 1.20-percent increase. Upgrades to prime defense contractor stocks including L-3 Communications (NYSE: LLL) and strong performances from Boeing (NYSE: BA), General Dynamics (NYSE: GD) and Nort...
The GovCon Index stumbled from the open Friday and closed down 0.551 points to 79.942 as investors continued to pull back from the GCI’s six-day prior rally and U.S. stock benchmark S&P 500’s three-day stretch of gains that ended Thursday. Despite Friday’s decline, the GCI ends the week up 1.20 percent to record its f...
TYSONS CORNER, VA, June 9, 2016 ” Rick Ambrose, executive vice president of Lockheed Martin‘s (NYSE: LMT) space systems business, was featured in the Atlantic Council’s Captains of Industry Series event Wednesday, GovCon Executive reported Monday. The council said Ambrose’s portion in the discussion focuses on Lockheed...
TYSONS CORNER, VA, June 9, 2016 ” Fulcrum has received a 2016 Helios HR Apollo Award in recognition of the company’s employee assimilation and onboarding practices, GovCon Executive reported Monday. The company said Friday it was one of 33 finalists in Helios HR’s annual awards for human resources and has also re...
TYSONS CORNER, VA, June 8, 2016 ” Raytheon (NYSE: RTN) will support the U.S. Marine Corps‘ Secondary Reparable program for rebuilding and servicing ground vehicle parts as part of a $249.9 million contract for logistics integration support to the Marines, GovCon Executive reported Monday. The company said Monday it will ser...
TYSONS CORNER, VA, June 8, 2016 ” A Concurrent Technologies Corp. and Battelle joint venture received the first task order under the U.S. Army‘s $122.5 million multi-award contract for support to the National Defense Center for Environmental Excellence, ExecutiveBiz reported Friday. CTC said Thursday their Nationa...
TYSONS CORNER, VA, June 8, 2016 ” Rebecca Cowen-Hirsch, senior vice president for government strategy and policy at Inmarsat, has indicated that the company’s Global Xpress network promotes interoperability between commercial and military communications systems, ExecutiveBiz reported Thursday. Cowen-Hirsch wrote in a b...
The GovCon Index stretched its current streak of gains to five Tuesday by 0.212 points to 79.746 on an upgrade to L-3 Communications (NYSE: LLL) and a spike in Navistar International (NYSE: NAV) shares despite a full-year revenue guidance cut. Credit Suisse lifted its target price on L-3 to $169.00 and held a “Buy” rating on...
TYSONS CORNER, VA, June 7, 2016 ” The Virginia Chamber of Commerce has included Phacil in its Fantastic 50 Fastest Growing Companies list for the fourth year in a row, GovCon Executive reported Friday. The company said May 2 the chamber gave the honors during a ceremony held late April. “It is an honor to be ...
TYSONS CORNER, VA., ‘June 1, 2016 — The Potomac Officers Club — a division of Executive Mosaic — rounds out speakers for their Spring 2016 Cybersecurity Summit. Join us for our annual Cybersecurity Summit to hear from leaders in the public and private sector on how federal agencies can improve their respective data...
