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The GovCon Index turned around steep losses from morning trade Wednesday to end at a gain of 0.425 points to 70.769, a close that keeps the Index in a correction, or 10 percent off its most recent high. U.S. stocks rode a late increase in oil prices and gains by financial shares to a reversal...
TYSONS CORNER, VA, February 3, 2016 ” ViON will feature its platforms in the 2016 Rocky Mountain Cyberspace Symposium organized by the Armed Forces Communications and Electronics Association in Colorado, GovCon Executive reported Tuesday. The company said Monday it will exhibit its cyber analytics and big data platforms as well as Hitachi ...
TYSONS CORNER, VA, February 3, 2016 ” CAE (NYSE: CAE) will provide full-flight simulators and aviation training services to several international customers under contracts worth an estimated $250 million combined, ExecutiveBiz reported Tuesday. The company said Monday it will supply nine simulators and other training equipment, delive...
Steve Trieber, formerly senior vice president of the analytic fusion and identity intelligence division at CACI International (NYSE: CACI), has joined Modern Technology Solutions Inc. as vice president of strategic development. MTSI President and CEO Kevin Robinson said Tuesday that Trieber will work to help the company grow...
The GovCon Index slumped back into a correction — at least 10 percent down from its most recent high — Tuesday with a decline of 2.124 percent to 70.226 spurred by Harris Corp.‘s (NYSE: HRS) move to cut projected revenue for the company’s 2016 fiscal year. Shares of Harris plummeted 9.78 percent after the ...
Rahul Ghai, currently vice president of finance integration at Harris Corp. (NYSE: HRS), has been appointed to succeed the departing Mick Lopez as senior vice president and chief financial officer in a move that takes effect Feb. 11. Ghai will bring more than 20 years of financial leadership experience to his new roles and repor...
Harris Corp. (NYSE: HRS) — one of 30 companies listed in Executive Mosaic’s GovCon Index — has cut revenue guidance for its 2016 fiscal year on global declines in oil prices that have affected the company’s outlook for the CapRock remote communication services business. The Melbourne, Fla.-based communications technology...
The U.S. Air Force has awarded 15 companies positions on a potential nine-year, $975 million contract to provide logistics support and help U.S. and partner agencies carry out national security missions. The service branch received 16 proposals for the multiple-award, indefinite-delivery/indefinite-quantity contract, the Defense Department...
Ball Aerospace and Technologies has bought engineering and analytical services provider Wavefront Technologies for an undisclosed sum as part of its portfolio diversification efforts. Rob Strain, president of Ball Aerospace, said Friday the company also expects the acquisition to help broaden its presence in the Washington metropolitan area. Marylan...
Boeing (NYSE: BA) has received a contract of an undisclosed value to help identify risk reduction strategies for the U.S. Air Force‘s Presidential Aircraft Recapitalization program. The Air Force said Friday it will issue post-award modifications to procure Boeing’s 747-8 commercial aircraft to serve as a basis for the company to design ...
