3M subsidiary Ceradyne will provide 177, 000 body armor plates to the U.S. armed forces under a $92.7 million contract from the Defense Logistics Agency. The Minnesota-headquartered company said Wednesday the lightweight “enhanced” small arms protective inserts are embedded into tactical vests in efforts to prote...
The GovCon Index held lower throughout Friday trade in a reflection of dim sentiment in U.S. markets and closed down 1.052 percent to 77.038 with many of the GCI’s largest prime contractors as the biggest decliners after a nearly four-day stretch as the drivers of gains. Friday’s close puts the Index at a loss of 0.155&nbs...
The GovCon Index fell 0.982 percent — or 0.769 points — to 77.553 as the 30-company list of government contractor stocks was dragged down by the sell-off in U.S. financial markets Friday on disappointing earnings reports from blue chip stocks. All 11 GCI companies co-listed in the S&P 500 composite index closed in nega...
The GovCon Index held onto a positive close for the third consecutive session Tuesday at 0.148 points to 76.362 after a descent from a strong open to negative territory in early afternoon trade before a reversal into green. Losses by technology shares on disappointing earnings reporters weighed on U.S. markets but were offset by ...
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, March 14, 2016 ” BAE Systems will provide communications and electronics systems maintenance to the Naval Air Warfare Center™s aircraft division under a two year, $34 million contract, ExecutiveBiz reported Friday. The company said Thursday the contract includes management of logistics, support planning and integration, ...
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...
As covered here yesterday, GovCon Wire’s parent company Executive Mosaic announced its inductions for the 2016 edition of the Wash 100 — EM’s annual selection of the government contracting arena’s most influential voices. These 100 individuals were chosen by EM’s editorial and organizational leadership as the executives...
Ten small businesses have won spots on a potential five-year, $846 million contract to support business processing systems across the U.S. Army organization. The Defense Department said Thursday the contract will run through Jan. 6, 2021, and covers enterprise resource planning services for the Army’s Enterprise System Inte...
TYSONS CORNER, VA, January 6, 2016 ” Unisys (NYSE: UIS) has migrated the Interior Department‘s Financial and Business Management System to the cloud using infrastructure-as-a-service technology and Virtustream‘s SAP in the Cloud hosting services, ExecutiveBiz reported Tuesday. “The [department’s] migration...
