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Atlanta-based healthcare and medical logistics contractor DLH Holdings Corp. (NASDAQ: DLHC) has purchased health information technology and program management services provider Danya for $38.75 million cash-and-stock in a push to expand both business’ federal market footprints. DLH said Tuesday the deal value includes ...
The GovCon Index started the first week of May with a gain of 0.493 points to 76.854 in an attempt at a recovery from two days of sharp losses incurred Thursday and Friday for the final days of April trade. Cubic Corp. (NYSE: CUB) closed up 6 cents to $41.63 with 309, 200 shares traded versus the 10-day average...
Jay Nussbaum, chairman of the board at Drone Aviation Holding Corp. since June 2015, will serve in the additional role of CEO at the Jacksonville, Florida-based tethered and unmanned aerial systems manufacturer. The nearly 40-year sales and business management veteran succeeds Kevin Hess, who has moved to his new role as chief technology o...
Susan Balaguer, formerly senior vice president of human resources at CACI International (NYSE: CACI), has joined Chantilly, Virginia-based government services contractor Engility (NYSE: EGL) as SVP and chief human resources officer. She will report directly to Engility CEO Lynn Dugle and will bring more than 2...
April 25 – April 29 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson First quarter earnings season has given investors with keen interest in the aerospace, defense and government contracting sectors a smorgasboard of items to consider as they gauge the industry’s ...
TYSONS CORNER, VA, April 29, 2016 ” Amazon Web Services (Nasdaq: AMZN) has provided the private cloud infrastructure that hosts an online marketplace for the Intelligence Community to purchase software applications and developer tools, Executive Gov reported Thursday. Nextgov reported Wednesday that the IC Marketplace hosted on A...
TYSONS CORNER, VA, April 29, 2016 ” Rebecca Cowen-Hirsch, senior vice president for U.S. government strategy and policy at Inmarsat, has said military and commercial integration of satellite systems works to support unhindered warfighter access to services, ExecutiveBiz reported Tuesday. Cowen-Hirsch wrote in a blog entry posted Monday tha...
An L-3 Communications (NYSE: LLL) division has landed a seven-year, $200 million contract from the U.S. Air Force to offer warfighter readiness and training research. L-3 Link Simulation and Training will research, develop, evaluate and validate training approaches, methods, tools and infrastructure, the Defense Department said Thursday. The Ai...
TYSONS CORNER, VA, April 28, 2016 ” Rick Ambrose, executive vice president of the space systems business at Lockheed Martin (NYSE: LMT), believes the integration of defense and commercial systems works to support the future space requirements of government, ExecutiveBiz reported Tuesday. Ambrose told Space News in an interview p...
Raytheon (NYSE: RTN) — listed both in Executive Mosaic’s GovCon Index and the S&P 500 – has reported higher sales for its first quarter on global demand for its weapons and lifted its full-year earnings guidance despite a year-over-year profit decline. The Waltham, Mass.-based missile maker said first q...
