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TYSONS CORNER, VA, April 15, 2016 ” SAP (NYSE: SAP) plans to award $2.4 million in grants to nonprofit organizations to promote computer science and other specializations in the areas of science, technology, engineering and math as part of the government’s Computer Science for All initiative, GovCon Executive reported Thursday. The c...
Howard Lance, former chairman and CEO of Harris Corp. (NYSE: HRS), has been selected to succeed Daniel Friedmann as president and CEO of MacDonald, Dettwiler and Associates, effective May 16. MDA said Thursday Lance is expected to join MDA™s board of directors, while Friedman will continue to serve as a board member. œLance brings to...
The GovCon Index descended into narrow range in a choppy afternoon trading session Thursday and closed at a nominal decline of 0.093 points to 75.306 as U.S. investors paused to gauge markets’ rally over Tuesday and Wednesday. Financial shares posted a fifth-straight positive day on earnings from banks that exceeded Wall Street&...
Data Device Corp. has agreed to acquire a Maxwell Technologies (NASDAQ: MXWL) subsidiary that manufactures microelectronic components for satellites and space vehicles. Vincent Buffa, DDC president and CEO, said in a statement published Tuesday acquiring Maxwell’s microelectronics business is part of DDC’s push to expand into...
The U.S. Army has awarded a potential $675 million contract modification to eight companies to continue to provide information technology systems in support of the service branch™s enterprise software. The Army Contracting Command will obligate funds and work location upon award of each task order and expects contract work to finish Oct. 23, 20...
Redwood City, California-based financial intelligence analysis firm OpenGov has bought New York-based open data management company Ontodia for an undisclosed sum in a push to expand offerings for the public sector. Zachary Bookman, OpenGov co-founder and CEO, said Wednesday the companies aim to help transform “how governments an...
Executive Mosaic, Tysons Corner, VA April 13, 2016 — George Newstrom, Dell president for the federal government services business, has been inducted into Executive Mosaic™s Wash100 list of the most influential leaders in GovCon for his vision in public-private information technology partnership. The Wash100 is the prem...
The GovCon Index rode across-the-board positive activity in U.S. markets Wednesday with a gain of 1.224 percent to 75.399, which represents the GCI’s first close above 75 points this year so far under its current 30-company composition. First-quarter earnings from JPMorgan that topped analyst estimates drove the S&P 500 composite...
TYSONS CORNER, VA, April 13, 2016 ” The Leidos-built (NYSE: LDOS) Sea Hunter autonomous ship demonstrator has been christened at a dockside ceremony Thursday in Portland, Oregon, ExecutiveBiz reported Friday. The company said Thursday the ship will be used for the Defense Advanced Research Projects Agency™s Anti-Submari...
TYSONS CORNER, VA, April 13, 2016 ” General Atomics‘ Lithium-ion Fault Tolerant battery technology has been certified by Det Norske Veritas Germanischer Lloyd after it completed tests aboard an undersea vehicle of the U.S. Special Operations Command, ExecutiveBiz reported Tuesday. The company said Monday the DNV G...
