The GovCon Index held lower throughout Friday trade in a reflection of dim sentiment in U.S. markets and closed down 1.052 percent to 77.038 with many of the GCI’s largest prime contractors as the biggest decliners after a nearly four-day stretch as the drivers of gains. Friday’s close puts the Index at a loss of 0.155&nbs...
The GovCon Index fell 0.982 percent — or 0.769 points — to 77.553 as the 30-company list of government contractor stocks was dragged down by the sell-off in U.S. financial markets Friday on disappointing earnings reports from blue chip stocks. All 11 GCI companies co-listed in the S&P 500 composite index closed in nega...
ALATEC has purchased Huntsville, Alabama-based information technology services provider USi for an undisclosed sum in an effort to expand its IT offerings for federal government and commercial clients. ALATEC, a service-disabled, veteran-owned small business in Huntsville, has also changed its name to Ignite as part of its corporate rebranding effor...
TYSONS CORNER, VA, May 6, 2016 ” Iron Mountain (NYSE: IRM) and its small business partner Summit Technical Solutions have received approval from the Department of Homeland Security to proceed with their mentorship agreement, ExecutiveBiz reported Thursday. STS said Wednesday the DHS Office of Small and Disadvantaged Bus...
TYSONS CORNER, VA, May 4, 2016 ” The combined offering of Polycom‘s (Nasdaq: PLCM) VVX voice and video technology and Genband‘s Application Server has received certification under the Defense Information Systems Agency‘s Joint Interoperability Test Command, ExecutiveBiz reported Monday. Genband said Monday ...
The GovCon Index held onto a positive close for the third consecutive session Tuesday at 0.148 points to 76.362 after a descent from a strong open to negative territory in early afternoon trade before a reversal into green. Losses by technology shares on disappointing earnings reporters weighed on U.S. markets but were offset by ...
April 11 – April 15 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Consolidation among companies in the government services sector over the last half-decade has inevitably led market observers to ponder the prospects of merger-and-acquisition deals between the la...
TYSONS CORNER, VA, April 14, 2016 ” CenturyLink (NYSE: CTL) will bid on task orders under the potential $4.3 billion Global Network Services contract awarded in December to provide wireless network transport services, GovCon Executive reported Friday. The company said Thursday it eyes task orders on virtual private networks, Wi-F...
March 28 – April 1 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson An acquisition deal announced this week appears on the surface to have its roots in Tokyo and Texas but its impact will also be felt right here in the Washington region with respect to the fed...
TYSONS CORNER, VA, March 24, 2016 ” A Lockheed Martin (NYSE: LMT) subsidiary has received a task order under the potential $262 million Transformation Twenty One Total Technology contract to provide claims processing support to the Department of Veterans Affairs, ExecutiveBiz reported Friday. Systems Made Simple will provide a reposit...
