Kim Koster, vice president of GovCon Strategy at Unanet, co-author of the 2020 GAUGE Report and GovCon Expert, has published a new article on Thursday as a member of Executive Mosaic’s GovCon Expert program. For her latest article, GovCon Expert Kim Koster has issued a guide to help the government contracting (GovCon) community glean further...
THIS WEEK’S TOP 10 MOST POPULAR STORIES View Weekly Contract Awards Transforming Perspecta Into a $7.1B Company; The Journey of Mac Curtis Perspecta announced in January that it will be acquired by Veritas Capital for $7.1 billion in cash, or $29.35 per share. Veritas Capital, which holds approximately 14.5 percent of Perspecta’s outstandi...
Executive Mosaic founder and CEO Jim Garrettson presented Chuck Harrington, chairman and CEO of Parsons, his first Wash100 Award on Friday. Harrington has received the award for his leadership and vision to grow Parsons through key acquisitions, contract awards and expanding work with U.S. defense customers. Most notably, Harrington helped orchestr...
ASGN (NYSE: ASGN) has completed its purchase of information technology services contractor DHA Group for approximately $46M in cash in a move to build up its ECS business segment’s IT platforms portfolio. ECS said Monday parent company ASGN used internal cash flows to fund the acquisition of DHA, which will operate as part of ECS. Es...
Kavitha Prabhakar, a principal at Deloitte™s consulting business, has been appointed to lead the civil government practice of the professional services company. She will oversee the unit composed of more than 3,000 practitioners who support 22 federal agencies and succeeds Diane Murray, who has taken a new role as delivery e...
Jacobs Engineering Group (NYSE: JEC) has purchased Reston, Virginia-based information technology services provider Blue Canopy for an undisclosed sum in a strategy to expand the former™s digital platforms offered under a connected enterprise framework. Jacobs said Thursday it aims to broaden the Jacobs Connected Enterprise framework™s digi...
Executive Mosaic’s GovCon Index traded higher Tuesday on a lift from Boeing (NYSE: BA) and government services stocks as Lockheed Martin (NYSE: LMT) fell after the defense contractor reported material weaknesses related to internal controls for financial statements at its Sikorsky helicopter subsidiary. All three major U.S. stock indices also...
Differing acquisition strategies among government services contractors and defense primes became a main discussion topic analysts raised in earnings calls Thursday morning with three GovCon companies that stated financial results. L-3 Communications (NYSE: LLL) hinted it could make more acquisitions this year with three...
Three government contractors listed in Executive Mosaic’s GovCon Index reported second quarter financial results before U.S. markets opened Wednesday. Raytheon (NYSE: RTN) and L-3 Communications (NYSE: LLL) both lifted full-year earnings and revenue guidance Thursday on second quarter results that topped the consensus analyst ou...
Science Applications International Corp. (NYSE: SAI) — one of 30 companies listed in Executive Mosaic’s GovCon Index — has reported earnings for both its 2016 fiscal year and fourth quarter that came in above analyst forecasts. The McLean, Virginia-based contractor’s full-year earnings totaled $2.85 per share to exceed Wall S...
