The GovCon Index lagged for a third consecutive trading session Thursday to end at a decline of 0.412 points to 74.640 on the week’s final day of trade as U.S. financial markets are closed on Good Friday. Thursday’s close puts the Index at a decline of 1.207 percent on a weekly basis to end the GCI̵...
Mar. 21 – Mar. 24 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson A White House-mandated cybersecurity organization created to combine knowledge and experience from the public and private sectors added a new leader this week whose background includes stops on both side...
TYSONS CORNER, VA, March 24, 2016 ” SAP‘s (NYSE: SAP) national security services business will provide consulting services to support the U.S. Army‘s enterprise resource planning efforts under a $17 million contract, ExecutiveBiz reported Wednesday. The Defense Department said Monday the SAP NS2 contract covers ERP lo...
TYSONS CORNER, VA, March 24, 2016 ” Rebecca Cowen-Hirsch, senior vice president for government strategy and policy at Inmarsat, believes collaboration is key to drive the adoption of a new procurement model for satellite services at the Defense Department, ExecutiveBiz reported Monday. Cowen-Hirsch wrote in a blog entry posted Friday...
Qualcomm (Nasdaq: QCOM) has appointed Mary Gendron to lead the company’s global information technology operations as its senior vice president and chief information officer. Gendron will report directly to George Davis, Qualcomm executive vice president and chief financial officer, the mobile technology services provider sa...
The GovCon Index stumbled from the open to close at a loss of 0.279 points to 75.052 as U.S. stock declines mirrored a fall in commodities such as oil and investors continued to speculate over when the next interest rate increases could occur. Los Angeles-based health insurance provider Health Net (NYSE: HNT) led Index gainers at 3.67 ...
TYSONS CORNER, VA, March 23, 2016 ” Earl Matthews, vice president of U.S. public sector enterprise security solutions at Hewlett Packard Enterprise (NYSE: HPE), will participate at a panel discussion during a FireEye-hosted (Nasdaq: FEYE) event on April 12, GovCon Executive reported March 16. FireEye said March 15 Matthews will b...
Lee Shabe, formerly president and general manager at L-3 Communications™ (NYSE: LLL) national security solutions unit, has joined ViON as vice president of the cloud solutions program management office. Shabe will be responsible for pricing, program management and delivery of ViON™s cloud platforms and as-a-service offerings, ViON sai...
TYSONS CORNER, VA, March 22, 2016 ” Mike Tanner, president and CEO of Hitachi Data Systems Federal, believes the proper utilization of big data generated from Internet of Things devices can bring about “societal changes” and improve lives, ExecutiveBiz reported March 11. “Those devices… they’re all g...
New York City-based private equity firm Kohlberg Kravis Roberts & Co. L.P. (NYSE: KKR) has agreed to acquire the defense electronics business of global aerospace and defense contractor Airbus Group for approximately $1.24 billion. Airbus said Friday the transaction is scheduled to close in the first quarter of 2017 and t...
