Executive Mosaic’s GovCon Index fell at least 1 percent for a second straight time Friday to post its fifth consecutive weekly loss after pharmaceutical services provider McKesson Corp. (NYSE: MCK) issued a guidance cut due to nationwide drug pricing pressure on wholesalers. GovCon Index gainers outnumbered laggers at a 2-to-1 r...
October 24 – October 28, 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Outlooks of the government contracting market’s future trajectory and its ongoing dynamics dominated the attention of sector leaders and observers this week, during which GovCon Wire helped ...
The U.K.-based subsidiary of Raytheon (NYSE:RTN) has secured a five-year, $159.3 million contract extension from the British air force to manage support services for the country’s Sentinel surveillance aircraft fleet. Raytheon said Friday it will optimize the design, modification, configuration management and supp...
Ramesh Munamarty, former Verint Systems chief information officer, has been named group CIO at medical and travel security services company International SOS. Munamarty will drive strategic imperatives such as enterprise information technology, digital transformation and business process optimization for the business, International SO...
Executive Mosaic’s GovCon Index traded higher against mixed activity in U.S. stock markets Wednesday for a second consecutive session on large contributions from Boeing (NYSE: BA) and Northrop Grumman (NYSE: NOC) after both aerospace-defense companies boosted their full-year outlooks. GovCon Index advancers edged ...
CSRA (NYSE: CSRA) has received a potential $166.9 million task order to manage the enterprise service operations center of the Defense Intelligence Agency. The company said Wednesday it will also integrate and standardize remote and in-field customer support processes at ESOC. The center is comprised of self-h...
TYSONS CORNER, VA, Oct. 24, 2016 ” Teresa Weipert, senior vice president of Sutherland Global Services‘ government solutions unit, has recommended the use of omni-channel automated engagement platforms to help federal agencies facilitate citizen engagement, ExecutiveBiz reported Thursday. “Delivering excellent customer service ...
Huntington Ingalls Industries (NYSE: HII) has appointed Susan Jacobs, director of human resources and administration at HII’s Ingalls Shipbuilding segment, to succeed the retiring Bill Bell as vice president of HR and administration for the company’s Newport News Shipbuilding division. Huntington I...
Executive Mosaic’s GovCon Index closed Friday with a 0.364-percent or 0.289-point decline to 79.147 as laggers outnumbered advancers and ended the five-day trading period with its fourth straight weekly loss. Honeywell International (NYSE: HON) was the GCI’s lone S&P 500-listed stock to post a gain on its&nbs...
Executive Mosaic’s GovCon Index held lower Friday as large-cap primes fell to offset a jump by Honeywell International (NYSE: HON) on that company’s in-line third quarter earnings as the GCI ended at its fourth straight weekly loss. GovCon Index laggers outnumbered advancers 2-to-1 in Friday trade and Honeyw...
