Executive Mosaic’s GovCon Index rebounded Friday on gains by ICF International (Nasdaq: ICFI) on a second quarter earnings beat, plus boosts by Huntington Ingalls Industries (NYSE: HII) and Cubic Corp. (NYSE: CUB). The GovCon Index posted a gain of 0.292 points to 82.476 and six of the GCI’s 11 S&P 500-listed...
TYSONS CORNER, VA, Aug. 3, 2016 ” Raytheon (NYSE: RTN) has established a new facility in Augusta, Georgia to provide information technology security services to the Army Cyber Command and other Defense Department components, ExecutiveBiz reported Monday. The cyber center was built as part of the company’...
Cubic Corp. (NYSE: CUB) cut its full-year earnings outlook in fiscal third quarter financial results released Wednesday as the defense and transportation contractor expects increases to interest and financing costs on a new credit facility, tax expenses and a partial pension settlement plan in the fourth quarter. San Diego-based Cubic expe...
TYSONS CORNER, VA, Aug. 3, 2016 ” Parsons will participate at the DEF CON 24 event in Las Vegas from Aug. 4 to 7 as a sponsor of the Car Hacking Village activity, GovCon Executive reported Monday. The conference follows Black Hat USA 2016, where Parsons was also a presenter and exhibited its smart city and cybersec...
UnitedHealthcare (NYSE: UNH) has filed a protest with the Government Accountability Office to dispute the Defense Health Agency™s award of Tricare services contracts to Humana (NYSE: HUM) and Health Net, Military Times reported Tuesday. DHA selected Humana and Health Net in July for separate contracts to provide health services t...
Stephen Hyde, former vice president and account manager for intelligence at CSRA (NYSE: CSRA), has joined BAE Systems’ U.S. subsidiary as VP and general manager of the global information technology solutions business within the intelligence and security sector. “Stephen has a track record of achieving growth by winning new busi...
TYSONS CORNER, VA, Aug. 2, 2016 ” A Fortinet (Nasdaq: FTNT) business unit has worked with Interpol to investigate and expose a cyber fraud ring that used online scams to steal more than $60 million from businesses around the world, ExecutiveBiz reported Monday. The company said Monday FortiGuard Labs provided threa...
Leidos Holdings‘ (NYSE: LDOS) impending merger with the information systems and global solutions segment of Lockheed Martin (NYSE: LMT) seeks to both diversify customer mix and lower risk to potential spending downturns in fewer market areas for the future combined company, Leidos CEO Roger Krone told investors at the New ...
Paula Tolliver, a 20-year veteran of Dow Chemical, has joined Intel (Nasdaq: INTC) as corporate VP and CIO of the Santa Clara, California-based technology company. She will report to Chief Financial Officer Stacy Smith and succeed Kim Stevenson, who has held the CIO role over the past five years, Intel said Monday. Tolliver most recen...
Executive Mosaic’s GovCon Index traded higher Monday in mixed activity for U.S. stocks as Engility Holdings (NYSE: EGL) surged on a second quarter earnings beat with General Dynamics (NYSE: GD) and Cubic Corp. (NYSE: CUB) also as top performers. The GovCon Index added 0.252 points to 82.500 with four of the GCI’s 11 S&...
