As of 11:15 a.m. Eastern time, Executive Mosaic’s GovCon Index is trading up 4 percent and on pace to record its largest one-day gain since its October 2014 inception as investors have snapped up shares in large defense primes after the upset victory by Donald Trump in the U.S. presidential election. U.S. stocks seesawed between...
TYSONS CORNER, VA, Nov. 8, 2016 ” Rebecca Cowen-Hirsch, a senior vice president at Inmarsat, has stated that the adoption of Ka-band satellite communications services could help address the communication requirements of unified combatant commanders and other government officials, ExecutiveBiz reported Monday. The company’s Global Xpress c...
Orbital ATK (NYSE: OA) said Tuesday the aerospace and defense contractor sees satellite orders from military and other government agencies as a counterbalance to continued soft demand from commercial customers. CEO David Thompson told investors the Dulles, Virginia-based company forecasts orders from the defense community, NASA and ot...
ManTech International (Nasdaq: MANT) said Thursday it has promoted Kevin Phillips to the role of president and chief operating officer after 11 years as chief financial officer, during which the company’s revenue has climbed roughly 58 percent to $1.55 billion as of 2015. Phillips will be responsible for general management and control of opera...
October 17 – October 21, 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Another third quarter earnings reporting season is now underway for many large blue chip companies including some in the government contracting arena but that is merely one of many things looming over ...
TYSONS CORNER, VA, Oct. 20, 2016 ” Bill Birkhofer, senior vice president for aerospace and defense at Jacobs Engineering Group (NYSE: JEC), has said the company sees opportunities in commercial space launch services and the “commercialization” of low Earth orbit, ExecutiveBiz reported Tuesday. Birkhofer, an inductee into Execut...
CGI (NYSE: GIB) has received a potential $824 million task order contract to provide cloud hosting, operations, maintenance and reporting services under the U.S. Agriculture Department‘s financial management shared services program. The awarding of the contract comes after the General Services Administration and the Office of Management and Bu...
The Boston Consulting Group has appointed Brad Carson, former acting undersecretary for personnel and readiness at the Defense Department, as senior adviser and named Trent Reasons, former director of analysis at the Treasury Department, as associate director. BCG said Tuesday Carson will support the management consult...
The National Geospatial-Intelligence Agency has awarded six companies a set of potential five-year contracts worth up to $849 million combined under a procurement vehicle for lifecycle acquisition management, strategic financial and business management support services. NGA said Monday the Emerald acquisition vehicle is structured as an agency-...
Paul Anninos, formerly REI Systems‘ vice president for business development and marketing, has joined Abt Associates as the new VP and director of business development for its U.S. operations. Anninos has more than three decades of experience in business and operational leadership for both the government and commercial sect...
