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The chief executives of Lockheed Martin (NYSE: LMT) and Raytheon (NYSE: RTN) described to investors Wednesday their expectations of the foreign military sales environment in light of oil price volatility worldwide and President-elect Donald Trump’s campaign suggestion that U.S. allies contribute more financial resources to their own defen...

November 21 – November 23, 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Interest rates are all but certain to go up in December and one large defense contractor has seemingly gotten ahead of the game to make one more big buy before the Federal Reserve moves....

TYSONS CORNER, VA, Nov. 18, 2016 ” The U.S. Government Accountability Office has awarded CGI (NYSE: GIB) a five-year, $7.2 million contract to support the migration of the former’s financial management, budgeting and procurement transaction processing, implementation and operations to the cloud, ExecutiveBiz said Thursday. The company sai...

TYSONS CORNER, VA, Nov. 17, 2016 ” Boeing (NYSE: BA) plans to consolidate facilities and workloads across some U.S. sites to support efforts to drive the operational efficiency of its defense, space and security unit, ExecuitveBiz reported Wednesday. The company said Tuesday it aims to reduce office space by approximately 4.5 million ...

Randy Cole, former client services vice president within NeoSystems‘ managed accounting services division, has been appointed as senior vice president for consulting services and product sales at the strategic back office services firm. NeoSystems said Monday Cole also joined the company’s executive team. “Randy is a gove...

John Hamre, a former deputy secretary of defense and current president of the Center for Strategic and International Studies, has been elected to succeed the retiring Charles Robb as chairman of Mitre‘s board of trustees. Hamre also previously served as comptroller of the Defense Department, deputy assistant director for nationa...