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The GovCon Index staged a full reversal from an early morning dip into negative territory Tuesday to close at a gain of 0.482 points to 74.487 as energy shares helped spur U.S. markets into positive. Huntington Ingalls Industries (NYSE: HII) was the GCI’s top nominal gainer at $2.22 — or 1.6 percent — to $141.31 after...
TYSONS CORNER, VA, April 12, 2016 ” The National Association of Corporate Directors, with support from partners CACI International (NYSE: CACI) and KPMG, has named the latest graduates of its program that aims to help transition soldiers to the private sector, GovCon Executive reported Monday. NACD said Monday retired Air Force M...
TYSONS CORNER, VA, April 12, 2016 ” Siemens has partnered with Airbus on the development of a hybrid electric propulsion system for passenger aircraft that could drive efforts to reduce noise and fuel consumption, ExecutiveBiz reported Monday. Airbus said Thursday a joint team of 200 employees will work on the project in pre...
The GovCon Index mirrored the larger U.S. stock indices’ reversal into negative territory in the last hour of trade Monday and closed at a loss of 0.222 points to 74.005 with no clear driver of news on activity in markets. The GCI opened up nearly a half-percent in the first 45 minutes with the S&P 500...
David Hathaway, a 14-year IBM (NYSE: IBM) veteran and a former public sector application lead in its global business services segment, has transitioned into the role of vice president of defense and intelligence for the GBS organization, an IBM spokesperson has told GovCon Wire. Hathaway started the role April 1 and will oversee program de...
The GovCon Index gradually tumbled from a strong open Friday and fell sharply in late afternoon trade to end at a nominal gain of 0.197 points to 74.227, which puts the GCI at a weekly loss for the second time in three weeks. The GCI posted a nominal 0.103-point loss from the April 1 close that...
April 4 – April 8 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson The global effort to combat the spread of mosquito-borne Zika virus in the Western Hemisphere now will include the company soon to become the largest U.S. government services contractor. Reston, Virginia-base...
Rochester, New Hampshire-based specialty materials processing company Albany International (NYSE: AIN) has wrapped up its acquisition of Harris Corp.‘s (NYSE: HRS) aerostructures business for approximately $210 million in cash and capital lease. Harris said Friday it will use proceeds from the deal originally announced in late F...
Executive Mosaic, Tysons Corner, VA April 7, 2016 — Kay Kapoor, AT&T (NYSE:T) president for government solutions business, has been elected to Executive Mosaic™s Wash100 list of the most influential leaders in GovCon for the third consecutive year for her mobility and cloud technology services vision. The Wash100...
The GovCon Index suffered its largest percentage drop in two months Thursday at 0.987 percent — or -0.738 points — to 74.031 with satellite services provider Intelsat (NYSE: I) and rocket maker Orbital ATK (NYSE: OA) the only GCI stocks to close in positive at 3.23 percent and 4 cents, respectively. Maximus (NYSE: MMS...
