The GovCon Index posted a modest gain of 0.247 points to 73.958 Friday on a new Labor Department jobs report that investors believe does not indicate further interest rate hikes at the moment. Friday’s positive close puts the Index at a gain of 2.082 percent for the week to record its third consecutive five-day pe...
Feb. 29 – Mar. 4 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Government services contractors gained a new leading voice and public advocate this week in the form of a nearly 35-year veteran with a diverse background that includes high-profile roles in industry, the...
General Dynamics (NYSE: GD) subsidiary Gulfstream Aerospace has appointed Leda Chong, formerly senior vice president for strategic planning, as SVP for government programs and sales. Gulfstream said Wednesday Chong will report to Gulfstream President Mark Burns and oversee global government and special mission sales and marketing...
The U.S. Air Force has awarded seven companies positions on a potential $500 million contract to provide architect-engineering environmental services to the service branch. The firms join a list of awardees that will compete to perform environmental compliance, restoration, base realignment and closures, military family housing and operations and ma...
Troy Clarke, CEO of Navistar International (NYSE: NAV), has indicated that the company could look to partner with other companies to boost sales of its military and commercial truck offerings, Reuters reported Wednesday. Nick Carey writes some analysts have said Navistar is a potential target for partnership or acquisition ...
CACI International™s (NYSE: CACI) U.K. subsidiary has completed its purchase of software and systems engineering services provider Purple Secure Systems for an undisclosed sum. “The acquisition adds significant growth to CACI Ltd.’s business and contributes to one of our strategic objectives to build a cybersecurity and defense...
TYSONS CORNER, VA, March 3, 2016 ” Booz Allen Hamilton (NYSE: BAH) will provide implementation and operations services to the NATO Communications and Information Agency in support of its training and analysis programs, ExecutiveBiz reported Wednesday. The company said Tuesday the potential three-year contract works to support NCIA’s servi...
William Searcy, a two-decade FBI veteran and a former head of information technology programs at the bureau, has joined Unisys Corp. (NYSE: UIS) to lead the technology services company’s new justice, law enforcement and border security initiative. Unisys said Thursday Searcy will help oversee the Blue Bell, Pa.-based company’s ...
The GovCon Index edged higher Wednesday with a gain of 0.300 points to 73.224 as the three major U.S. stock indices also closed narrowly up on new data investors welcomed as showing slight improvement in the U.S. economy. The latest National Employment Report from payroll processing services company ADP and Moody’s Analytics said pri...
Dell and Massachusetts-based data storage vendor EMC (NYSE: EMC) will implement a new senior management structure upon closing of their approximately $67 billion merger. Michael Dell told employees in a memo Tuesday the integrated company will have an executive group that will comprise current CEOs of the VMwa...
