The GovCon Index bounced higher for a third consecutive session Wednesday with a gain of 1.411 percent to 71.348, a close that holds the Index barely in correction territory for a sixth straight day. The Index is 10.05 percent down from its most recent high of 79.332 on Dec. 1 and has entered correction territory...
TYSONS CORNER, VA, February 17, 2016 ” In-Q-Tel will help Cylance upgrade its CylancePROTECT system, which works to use machine learning and artificial intelligence to prevent cyberattacks, ExecutiveBiz reported Tuesday. “Our partnership with Cylance is intended to further enhance how artificial intelligence and related technologies preve...
FCi Federal has appointed seven new executives to its management team in an effort to boost its expansion in the government services sector. Jeffrey Leong, a U.S. Air Force veteran and former chief financial officer at a business unit of Northrop Grumman (NYSE: NOC), will serve as the company™s CFO, FCi Federal said Tuesday. Claude...
The GovCon Index carried its positive momentum from Friday’s rally with a gain of 1.531 percent to 70.355 Tuesday — its first close above 70 in two days — on a bounce in confidence from investors that some equities may have been oversold. Gains among consumer, industrial and financial shares helped drive the S&P 500...
Feb. 8 – Feb. 12 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Many reasons have been put forth as to why global financial markets continue to be in turmoil but this week showed there may be no end in sight to this period of volatility that has carried...
ManTech International Corp. (Nasdaq: MANT) has been awarded a potential five-year, $71 million task order to provide advisory, systems engineering and technical services to the Combating Terrorism Technical Support Office. The task order contains a 12-month base period of performance and four 12-month options, ManTech said Friday. Daniel Keefe, pres...
A consortium led by Fluor (NYSE: FLR) has won a five-year, $1.4 billion contract to perform nuclear waste cleanup services at an Energy Department-run complex in the high desert of eastern Idaho. Fluor said Thursday it will help dispose transuranic waste, store used nuclear fuel and manage high-level...
Assured Enterprises has purchased Virginia-based information technology and intelligence community consulting firm Nova Defense & Aerospace International for an undisclosed sum. Assured Enterprises CEO Stephen Soble said Tuesday the acquisition of NDAi is in line with the company™s efforts to boost its cybersecurity platforms and servi...
The U.S. Air Force has awarded Reliance Test & Technology a potential two-year, $150.2 million contract to provide engineering, operations, maintenance and technical support services for the 96th Test Wing™s test ranges and related facilities. The service branch awarded the cost-plus-award-fee contract through a competitive procurement with...
The GovCon Index fell victim to across-the-board selloffs in global financial markets Thursday with a decline of 2.113 percent to 68.747, a figure that puts the Index at a decline of 11.34 percent from the start of the year. Still in a correction, Thursday’s plunge sent the GCI below 70 for the second time this...
