CA Technologies (Nasdaq: CA) has named Kieran McGrath, previously interim chief financial officer, to executive vice president and CFO in a move that takes effect immediately. McGrath will report directly to CEO Mike Gregoire and manage the company’s global corporate and business unit financial functions, encompassing controller role, treasury...
Executive Mosaic’s GovCon Index recorded its best one-day gain in seven weeks Monday with a 2-percent gain that mirrored across-the-board rallies by U.S. stocks as investors welcomed the FBI‘s weekend letter to reiterate the agency’s stance that Hillary Clinton’s email usage was not a crime. The U.S. ...
Private equity firms Medina Capital and BC Partners have agreed to buy Addison, Texas-based machine learning and analytics firm Brainspace for an undisclosed sum in an effort to establish a global cybersecurity joint venture. BC Partners and Medina Capital expect to complete the transaction in the first quarter of 2017, subject to closing condi...
Bill Sullivan, vice president for public sector at Cloudera, has said government agencies should implement an open-source technology platform to process and analyze large data sets in order to facilitate operations and delivery of services to citizens. Sullivan wrote that agencies can implement security measures when it comes to the adopt...
Nick Noviello, formerly chief financial officer at Blue Coat, has been appointed executive vice president and CFO at Symantec (Nasdaq: SYMC). Noviello will succeed the departing CFO Thomas Seifert on Dec. 1 and will continue to report to CEO Greg Clark, Symantec said Thursday. Seifert, who has been CFO since March 2014 at Symantec, will...
Executive Mosaic’s GovCon Index gave back most of its morning gains Friday to close in narrow range on mixed large-cap stock performances and register its sixth straight weekly decline. Friday afternoon trading activity saw the GCI reset itself with the larger U.S. financial market as investors watched for new election-related developments and...
October 31 – November 4, 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson In this last full week before a most unusual election, the evolving narrative of a re-shaping government contracting landscape added more chapters as this week™s assortment of stories Go...
TYSONS CORNER, VA, Nov. 4, 2016 ” United Launch Alliance has scheduled the launch of DigitalGlobe‘s (NYSE: DGI) WorldView-4 commercial imaging satellite onboard its Atlas V 401 configuration rocket from the Vandenberg Air Force Base on Nov.11, ExecutiveBiz reported Thursday. The Lockheed Martin-built (NYSE: LMT) WorldV...
Executive Mosaic’s GovCon Index tumbled Thursday after Huntington Ingalls Industries (NYSE: HII) reported a year-over-year decline in third quarter earnings with GCI-S&P 500 companies also notable laggers as U.S. stocks also fell on investor worries over election uncertainty. GovCon Index advancers edged decliners 16-14 and three...
TYSONS CORNER, VA, Nov. 3, 2016 ” The General Services Administration has taken on an expanded role in the effort to assist the presidential candidates to prepare for their possible transition to government leadership, ExecutiveGov reported Wednesday. Casey Coleman, vice president for civilian agencies at Unisys‘ (NYSE: UIS) fed...
