Vectrus, Inc. (NYSE:VEC) saw its stock rise 3 percent after it announced better than expected first quarter 2017 results of $290.1 million revenue, and operating income of $11.6 million and diluted earnings per share of $0.60. Net cash provided by operating activities was $9.9 million in the first quarter or 4% operating margin, compared to $11...
Belcan, LLC announced several new senior hires to its recently launched Belcan Government Services (BGS) group. They include Rodney Hite, Vice President, Growth and Strategy, Clint Green, Vice President, Technology and Innovation, and Bob Kwaja, Vice President, Finance, according to a Belcan press release. Belcan™s new Government Services group...
The Census Bureau announced Tuesday that Director John Thompson will leave the agency next month. The 27 year agency veteran, who has led the agency since 2013, steps down amid costs about funding concerns. Though his five-year term expired in December, he had been expected to stay on through at least the end of this year, report...
Government information technology services contractor STG Group has pushed back its plan to finalize purchase of Preferred Systems Solutions from the first quarter of 2017 to the end of June. Reston, Virginia-based STG said Tuesday it raised the acquisition price of PSS to $119.8 million and offered to pay $925,000 in advance as a result o...
TYSONS CORNER, VA, May 9, 2017 ” Tom Naughton, president of citizen services at Maximus™ (NYSE: MMS) federal business, has said customer service platforms built on artificial intelligence and machine learning will work to drive citizen engagement with government, ExecutiveBiz reported Monday. Naughton wrote in a guest piece publi...
Rahul Madhavan, vice president, international development and strategy for AECOM™s management services group, has been appointed the chairman of the Aerospace and Defense Executive Committee for the U.S.-India Business Council (USIBC,) according to an AECOM press release. œI am honored to serve as chairman of the USIBC™s Aerospace and...
Kevin Paschuck, chief operating officer and senior vice president of public sector and aerospace and defense business unit at Salesforce (NYSE: CRM), has said agencies should deploy cloud technology platforms to facilitate interactions with citizens and advance delivery of services. Paschuck wrote cloud platforms work to help agencies direct resourc...
Weekly Roundup May 1 – May 5 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Earlier this week, Congress finally reached an agreement on the contentious fiscal 2017 budget. The $1.16 trillion omnibus spending bill allocates $598.5 billion in discretionary funding to the Dep...
TYSONS CORNER, VA, May 4, 2017 ” Cubic Corp. (NYSE: CUB) will exhibit its C4ISR and training technologies at the Special Operations Forces Industry Conference in Florida from May 15 to 18, GovCon Executive reported Wednesday. The company said Wednesday its global defense and mission solutions business units will participate at the eve...
TYSONS CORNER, VA, May 3, 2017 ” Deloitte has secured Certified Incident Response Assistance designation from the National Security Agency for a suite of incident response and intrusion detection services that work to support national security systems, ExecutiveBiz reported Tuesday. The company said Monday the CIRA accr...
