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The GovCon Index failed to hold momentum from a strong open Friday and closed at a decline of 1.181 percent to 73.739, which extends its current stretch of losses to three trading days. For the week, the Index recorded a loss of 4.31 percent and is down 6.27 percent from its Dec. 1, 2015 close...
Jan. 4 – Jan. 8 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Any thoughts that the start of 2016 would be smooth sailing for U.S. government contracting stocks and financial markets have quickly been cast aside as volatility from 2015’s second half carried into the...
Dale Stucke, a finance executive and certified public accountant, has joined Constellation West as chief financial officer. Stucke will be responsible for the company™s strategic and financial performance and corporate value initiatives, Constellation West said Friday. œAs we embark on a period of extraordinary growth and expansion into ne...
TYSONS CORNER, VA, January 8, 2016 ” Michael Shrader, vice president of Carahsoft Technology‘s innovative and intelligence solutions business, said information technology vendors can find opportunities to address existing technical challenges in the healthcare sector, ExecutiveBiz reported Thursday. Shrader wrote in a blog entry posted We...
TYSONS CORNER, VA, January 8, 2016 ” Johns Hopkins University Applied Physics Laboratory has promoted Stephen Lewia from deputy mission area executive for strategic deterrence to mission area executive, GovCon Executive reported Thursday. Johns Hopkins APL said Wednesday strategic deterrence is one of the mission areas under its ...
Gary Slack, former president and chief operating officer of QinetiQ North America, has been appointed president and chief executive at Tysons, Virginia-based government services contractor XLA. The more than 30-year GovCon veteran will be responsible for implementing the company’s growth strategies and succeeds founder and former CEO Lloy...
Ten small businesses have won spots on a potential five-year, $846 million contract to support business processing systems across the U.S. Army organization. The Defense Department said Thursday the contract will run through Jan. 6, 2021, and covers enterprise resource planning services for the Army’s Enterprise System Inte...
The GovCon Index continued to mirror deep losses in U.S. and global financial markets Thursday with a decline of 2.293 percent to 74.525 as investor fears over China’s economy and falling oil prices grew. Science Applications International Corp. (NYSE: SAIC) and Booz Allen Hamilton (NYSE: BAH) were the Index’s only two gainers Thursday a...
Nick Noviello, formerly chief financial officer at NetApp (Nasdaq: NTAP), has joined Blue Coat Systems as CFO. Noviello succeeds Gregg Hampton, who transitions to the role of senior vice president of business operations at Blue Coat, and will directly report to CEO Greg Clark, Blue Coat Systems said Wednesday. “Nick’s financial lead...
Mitcham Industries has bought an L-3 Communications (NYSE: LLL) business unit that offers side-scan sonar and waterside security systems to the military and commercial sectors. Texas-based Mitcham sells or leases geophysical equipment for energy, academic, environmental, seismic and government use, and the company aims to expand its ...
