The GovCon Index posted a gain of 0.348 points to 74.380 in a reflection of overall positive movement in U.S. markets Friday on March jobs figures that exceeded some economists’ expectations and new manufacturing data that showed some recovery in that sector. Both the Index and S&P 500 composite index held downward in the first hour-a...
March 28 – April 1 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson An acquisition deal announced this week appears on the surface to have its roots in Tokyo and Texas but its impact will also be felt right here in the Washington region with respect to the fed...
TYSONS CORNER, VA, April 1, 2016 ” Capgemini will provide continued application development and management support to the U.K. agency for revenue and customs in line with the latter’s digital modernization program, ExecutiveBiz reported Thursday. The company said Wednesday it will transition applications and services and pr...
TYSONS CORNER, VA, April 1, 2016 ” Sutherland Global Services‘ vice president for government relations and marketing has said vigilance, intelligence sharing and technology investments can help the U.S. government protect what he calls “soft” targets, Executive Gov reported Thursday. Chuck Brooks wrote in a guest piece pu...
TYSONS CORNER, VA, April 1, 2016 ” A joint venture of Lockheed Martin (NYSE: LMT), Jacobs Engineering (NYSE: JEC) and Serco will oversee the operations of the U.K. government’s atomic weapons establishment under an updated contract, ExecutiveBiz reported Thursday. Serco said Thursday the AWE Management Ltd. JV will run the ...
TYSONS CORNER, VA, April 1, 2016 ” The U.S. Navy has awarded additional funds to General Dynamics (NYSE: GD) and Huntington Ingalls Industries (NYSE: HII) for the manufacture of two additional Arleigh Burke-class destroyers, ExecutiveBiz reported Thursday. USNI News reported Wednesday General Dynamics Bath Iron Works and Ing...
TYSONS CORNER, VA, April 1, 2016 ” Roger Krone, chairman and CEO of Leidos (NYSE: LDOS), has said the company aims to further market expansion efforts through its merger with Lockheed Martin‘s (NYSE: LMT) information systems and global solutions business, ExecutiveBiz reported Thursday. Krone told Forbes in an interview pub...
The GovCon Index had its three-day streak of gains halted Thursday with a slight decline of 0.302 points to 74.032 that ends the first quarter of 2016 in the negative as many GCI contractors prepare to detail their January-March financial results. From Dec. 31, the Index has fallen 2.242 percent on volatility in GCI sto...
James Reagan, Leidos Holdings chief financial officer , has been inducted into Executive Mosaic’s Wash100 List of the most influential leaders in GovCon for his leadership in mergers and acquisitions and financial structure. The Wash100 is the premier group of private and public sector leaders selected by Executive Mosaic...
TYSONS CORNER, VA, March 31, 2016 ” Grant Thornton has hired Dianne Guensberg, formerly assistant director of the financial management and assurance team at the Government Accountability Office, as managing director of its public sector assurance practice, GovCon Executive reported Wednesday. The company said Tuesday Gu...
