Belcan, a portfolio company of private investment firm AE Industrial Partners, has purchased Intercom Consulting & Federal Systems for an undisclosed sum in a push to help address customer demand for information technology security platforms and services. Belcan CEO Lance Kwasniewski said in a statement released Wednesday the...
Executive Mosaic’s GovCon Index struggled for clear direction Thursday strong gains by Raytheon (NYSE: RTN) and L-3 Communications (NYSE: LLL) on second quarter earnings reports were offset by large plunges from McKesson Corp. (NYSE: MCK) and Boeing (NYSE: BA). The GovCon Index recorded a decline of 0.061 points to 82.313 with s...
TYSONS CORNER, VA, July 28, 2016 ” A General Atomics business unit has provided full plant radiation monitoring systems to the Watts Bar Unit 2 nuclear power plant after the company was selected by the Tennessee Valley Authority, ExecutiveBiz said Wednesday. The company said Tuesday the radiation monitoring systems built by Gener...
TYSONS CORNER, VA, July 28, 2016 ” Lockheed Martin (NYSE: LMT) and its partners Purdue University, New Mexico State University and the New Mexico Institute of Mining and Technology will bid on a potential 10-year, $2.9 billion contract to manage and operate Sandia National Laboratories, ExecutiveBiz reported Tuesday. The university pa...
Three government contractors listed in Executive Mosaic’s GovCon Index reported second quarter financial results before U.S. markets opened Wednesday. Raytheon (NYSE: RTN) and L-3 Communications (NYSE: LLL) both lifted full-year earnings and revenue guidance Thursday on second quarter results that topped the consensus analyst ou...
Executive Mosaic’s GovCon Index advanced against choppy activity in the larger U.S. stock market Wednesday as five GCI stocks released quarterly financial results before the opening bell. The GovCon Index gained 0.223 points to 82.374 and four of the GCI’s 11 S&P 500-listed stocks moved higher as th...
TYSONS CORNER, VA, July 27, 2016 ” The General Services Administration has awarded Unisys (NYSE: UIS) a potential two-year, $12.6 million contract to continue applications and systems development and implementation for GSA’s Public Buildings Service, ExecutiveBiz reported Tuesday. The company said Monday it will help PBS dr...
TYSONS CORNER, VA, July 27, 2016 ” Orbital ATK (NYSE: OA) will collaborate with space propulsion systems maker ECAPS to develop and market a green liquid propulsion system for both the government and commercial sectors, ExecutiveBiz reported Tuesday. The green propulsion system will work to limit environmental risks and lifecycle...
TYSONS CORNER, VA, July 27, 2016 ” The Armed Forces Communications and Electronics Association’s Washington chapter has named new members to its executive board for 2016 to 2017 as well as additional members to the board of directors, GovCon Executive reported Friday. AFCEA said July 14 it appointed the following execu...
Five government contractors listed in Executive Mosaic’s GovCon Index reported their latest quarterly financial results before U.S. markets opened Wednesday and all earnings per share figures fell above the consensus Wall Street forecast. Boeing (NYSE: BA) swung to a net loss for its second quarter and lowered its earnings forecast on a $...
