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Universities Space Research Association has secured a two-year, $193 million contract from NASA to provide academic and university-based program and project support for Ames Research Center’s science and engineering teams. The nonprofit research company will aid the center’s efforts to meet mission requirements for research and...
Virginia-based management consulting company DRT Strategies has appointed Dave Cogar as its new president. Cogar joined the company in February and has brought more than 25 years of experience as a P&L executive in line with CEO Susan Kidd’s goals to recruit and position senior leaders to support the company’s gro...
The GovCon Index soared 1.396 percent to 77.998 Wednesday on a series of pre-market earnings reports from several large defense prime contractors as Boeing (NYSE: BA) overcame an early morning decline to close in positive. GovCon Wire posted a summary of all six GovCon Index-related earnings figures plus that of United Techn...
The merger of Leidos Holdings (NYSE: LDOS) with Lockheed Martin‘s (NYSE: LMT) information systems and global solutions business involves “one or two” contracts for systems engineering and technical assistance service work that has largely been spun out of the latter company, Leidos CEO Roger Krone told investors Tuesday. ...
TYSONS CORNER, VA, April 27, 2016 ” The Raytheon-sponsored (NYSE: RTN) 2016 National Collegiate Cyber Defense Competition has crowned the University of Central Florida as national champion for the third consecutive year, GovCon Executive reported Monday. The company said Sunday the university bested nine other collegiate tea...
Six companies listed in Executive Mosaic’s GovCon Index plus another large non-GCI government contractor reported their latest quarterly earnings statements before U.S. financial markets opened Wednesday. Of those seven total, six posted results for the first quarter of their respective fiscal years that run on a calendar basis, with one fo...
Science Applications International Corp. (NYSE: SAIC), Herdt Consulting and PSI Pax have been selected to compete for business process and data support orders from the U.S. Navy under a potential five-year, $809.5 million indefinite-delivery/indefinite-quantity contract. The Defense Department said Tuesday the contract incl...
An affiliate of New York-based J.F. Lehman & Co. has closed its acquisition of API Technologies (Nasdaq: ATNY) for approximately $111 million. Trading of API™s common stock on Nasdaq ceased Friday afternoon upon completion of the purchase and API shareholders will get a cash payment of $2 per share of common stock under the terms of...
The GovCon Index outpaced narrow activity in U.S. financial markets Tuesday with a sharp gain of 1.258 percent to 76.924 Tuesday on Lockheed Martin‘s (NYSE: LMT) lift of its full-year earnings and revenue outlook and subsequent positive swings by many prime aerospace and defense contractors. Lockheed led all net change gain...
Lockheed Martin (NYSE: LMT) has one pending regulatory review remaining in the U.K. over the merger of its information systems and global solutions business with Leidos Holdings (NYSE: LDOS) ahead of the deal’s intended closure in either the third or fourth quarter, Lockheed CEO Marillyn Hewson told investors Tuesday. Both compa...
