Rockwell Collins (NYSE: COL) has narrowed full-year earnings and revenue guidance for its 2016 fiscal year as the avionics maker expects declines in production rates of commercial airplanes such as the Airbus A330 and business jets to impact sales in the commercial systems segment. Cedar Rapids, Iowa-based Rockwell Collins now anticipates ...
July 18 – July 22 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson As is the custom of recent times, Lockheed Martin started a new earnings season for GovCon companies Tuesday with a boost to its full-year guidance and second quarter financial results that ...
John McClurg, former vice president and chief security officer at Dell™s global security unit and an FBI veteran, has joined cyber services provider Cylance as a VP in the office of security and trust. Cylance said Friday McClurg will collaborate with newly-appointed Chief Security and Trust Officer Malcolm Harkins to develop security...
Humana (NYSE: HUM) and Health Net (NYSE: HNT) have won separate contracts from the Defense Health Agency to deliver managed care support services to the Military Health System under the Tricare program. Each of the cost-plus-fixed-fee contracts awarded to Humana’s government business and Health Net’s federal services business contai...
Executive Mosaic’s GovCon Index tumbled Thursday on large declines among defense prime companies as U.S. stocks traded lower on falling oil prices and mixed earnings reports among blue chips. The GovCon Index declined 0.694 points to 81.499 as none of the GCI’s 11 S&P 500-listed stocks closed at a ...
Executive Mosaic’s GovCon Index closed at an all-time high for the sixth time in eight sessions Wednesday on a mix of strong performances from middle-tier platform and product makers plus predominantly services-oriented contractors. The GovCon Index gained 0.328 points to 82.193 with nine of the GCI’s 11 S&a...
A joint venture of Boeing (NYSE: BA) and Bell Helicopter has received a four-year, $544.6 million contract modification from the U.S. Navy to manufacture and deliver four MV-22 Osprey multirole tiltrotor aircraft to Japan under the foreign military sales program. The Bell-Boeing Joint Program Office will also obtain long-lead materials needed t...
Lockheed Martin (NYSE: LMT) envisions further reductions in its outstanding share count after the merger of its information systems and global solutions business into Leidos Holdings (NYSE: LDOS) completes on its scheduled closure date of Aug. 16, Lockheed Chief Financial Officer Bruce Tanner told investors Tuesday. Tanner’s com...
TYSONS CORNER, VA, July 19, 2016 – Michael Isman, a Booz Allen Hamilton (NYSE: BAH) vice president, has stated that the company believes private and public institutions will utilize automated interactive messaging technologies to provide customer service, ExecutiveBiz reported Wednesday. Isman said there is a possibili...
TYSONS CORNER, VA, July 19, 2016 ” Lockheed Martin‘s (NYSE: LMT) Systems Made Simple subsidiary has received recognition from the Association of Management Consulting Firms for the company’s support for the Department of Veterans Affairs‘ My HealtheVet sustainment program, GovCon Executive reported Thursday. Systems ...
