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The GovCon Index failed to carry momentum from its Tuesday rebound and plummeted 2.671 percent to 72.284 Wednesday as steep losses in consumer stocks spurred a large-scale selloff in U.S. financial markets. The Index has declined 6.2 percent since the start of 2016 and is down 8.11 percent from its most recent high of 78.669...
TYSONS CORNER, VA, January 13, 2016 ” Booz Allen Hamilton (NYSE: BAH) launched the Sailfish portfolio to provide government and commercial organizations the tools to manage raw data, ExecutiveBiz reported Tuesday. Booz Allen said Monday the portfolio aims to help users analyze datasets and collaborate with Booz Allen professionals on ...
Fred Funk, formerly senior vice president of the national security group at Preferred Systems Solutions, has joined Vistronix as president of cyber and signals intelligence systems. Funk will oversee the company’s strategy, operations and business development efforts focused on the National Security Agency, Vistronix said Tuesday. “As...
Informatica has made several appointments to leadership roles within the company. Anil Chakravarthy, acting CEO of Informatica since August 2015, has been appointed to the chief executive role on a full-time basis by the company’s board of directors, the company said Tuesday. Chakravarthy has led the company’s efforts to grow in the...
The GovCon Index snapped a four-day streak of declines Tuesday with a surge upward of 1.129 percent to 74.285 in another volatile trading day for U.S. financial markets driven by continued oil price declines and attention on China. Crude oil futures in New York settled 50 minutes later than usual due to volatility and ended...
TYSONS CORNER, VA, January 12, 2016 ” Huntington Ingalls Industries™ (NYSE: HII) shipbuilding division updated Chief of Naval Operations Adm. John Richardson on the current construction of the four classes of military vessels for the U.S. Navy and the U.S. Coast Guard, ExecutiveBiz reported Monday. HII said Friday Richardson...
Parsons has appointed Kurt Tripp and Christian Alexander to new leadership roles within its newly-formed federal government business unit as part of the Pasadena, Calif.-based engineering and construction company’s realignment. Tripp, who joined Parsons in 2011, has been appointed senior vice president and manager of busine...
Christopher Noone, formerly head of the public sector independent software vendor business of Salesforce (NYSE: CRM), has joined Fonteva as vice president of business development. Noone will be responsible for the company’s endeavor to increase revenue for emerging product lines, Fonteva said Monday. Jerry Huskins, CEO of Fonteva, said Noone&#...
The GovCon Index attempted a recovery from steep morning and midday losses as Monday’s closing bell approached after another volatile day for U.S. markets but ended at a loss of 0.531 points to 73.407. Both the GovCon Index and S&P 500 composite index were down a full percentage point in mid-afternoon before a swing into...
William Haynes II, formerly executive vice president and general counsel of SIGA Technologies, has joined CSRA Inc. (NYSE: CSRA) as EVP, general counsel and corporate secretary. Haynes will be responsible for the company’s legal affairs, compliance and corporate governance, CSRA said Friday. “We’re delighted that someone with Jim&#...
