Mark Sopp, former executive vice president and chief financial officer at Leidos Holdings (NYSE: LDOS), will join KBR (NYSE: KBR) as CFO in the first quarter of 2017 and succeed Brian Ferraioli who will retire. Houston-based KBR said Tuesday Ferraioli and Sopp will work together to achieve a smooth transition for the company’sÃ...
Dan Morris, a former senior account executive at Adobe Systems (Nasdaq: ADBE), has been named senior director of government services at Gaithersburg, Maryland-based satellite communications firm.UltiSat. Morris will be responsible for helping expand the company™s projects with U.S. defense agencies and professional services portfolio,...
Chuck Prow, a former head of IBM‘s (NYSE: IBM) global government business and a 12-year Big Blue veteran, has joined Colorado Springs-based government services contractor Vectrus (NYSE: VEC) as CEO and board of directors member in a transition that took effect Tuesday. Vectrus announced the transition in a Tuesday release and s...
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...
November 14 – November 18, 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson One of the country™s œBig Three credit rating agencies has bolstered its view of the government contracting sector™s prospects under incoming President Donald Trump and in particular d...
TYSONS CORNER, VA, Nov. 17, 2016 ” NCR (NYSE: NCR) has provided four self-service kiosks at the Veterans’ Day Parades in New York and Los Angeles to support service members and veterans throughout the event, GovCon Executive reported Tuesday. The Veterans Kiosk is designed to allow veterans, service members and military families to r...
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 ...
TYSONS CORNER, VA, Nov. 16, 2016 ” Peter Chiarelli, a retired U.S. Army officer, has been presented the Dr. Jennifer and Dr. Jack London Medal for Distinguished Service by CACI International (NYSE: CACI) Executive Chairman Jack London for the general’s efforts to advance post-traumatic stress and traumatic brain i...
