The GovCon Index posted a decline of 0.398 points to 78.106 Tuesday on losses by Boeing (NYSE: BA) and other large defense prime contractors but ended at a gain for May to record its fourth straight month of positive movement. The Index rose 2.523 percent for May and has climbed 7.763 percent for 2016 compared to the...
The GovCon Index closed down slightly 0.078 points to 78.195 with armored truck manufacturer Navistar International (NYSE: NAV) and CSRA (NYSE: CSRA) posting the largest percentage loses. CSRA conducted their fourth-quarter and full-year earnings call yesterday after the market close and posted mixed results, as reported in GovCon Wire. U...
The GovCon Index nudged out a gain of 0.081 points to 78.273 Wednesday on contributions from Boeing (NYSE: BA) and armored truck manufacturer Navistar International (NYSE: NAV). Boeing surged 1.07 percent and Navistar rose 9.09 percent, while shipbuilder Huntington Ingalls Industries (NYSE: HII) rebounded by one-ha...
Computer Sciences Corp. (NYSE: CSC) CEO Mike Lawrie told investors Tuesday the company will consider an undefined range of options regarding Hewlett-Packard Enterprise‘s (NYSE: HPE)’s U.S. public sector business in conjunction with CSC’s merger into HPE’s enterprise services segment. Tysons, Virginia-based CSC is ...
FedBid has appointed Jim Spencer, former chief financial officer of iBiquity Digital Corporation, as CFO and executive vice president while Basil Gray, former Gray Areas president and CEO, was named vice president for sales and defense. The online reverse auction marketplace operator said Monday Spencer will head the company’sÂ...
The GovCon Index rallied 1.197 percent to 78.192 on gains led by the GCI’s services-focused contractors and defense prime Northrop Grumman (NYSE: NOC) on news that the U.S. lifted its embargo on weapons sales to Vietnam. Science Applications International Corp. (NYSE: SAIC) added 4.01 percent — or $2.10 &nbs...
TYSONS CORNER, VA, May 23, 2016 ” Engility (NYSE: EGL) has named Optensity the winner of the $25, 000 Innovative GEOINT Application Provider Program Grand Challenge 2016 for the company’s SafeTravelerGlobe app, ExecutiveBiz reported Thursday. The app works to provide users information on location-based threats and is now available vi...
May 16 – May 20 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson The future of the federal government and contractor workforces is our focus here as we look at a pair of new initiatives announced this week that aim to help build up skill sets for current...
The U.S. Navy has awarded six companies spots on a potential five-year, $49 million to provide construction and renovation services for the Naval Facilities Engineering Command. NAVFAC awarded the multiple-award, indefinite-delivery/indefinite-quantity contract through a competitive procurement process with seven offers received, the Defense Departm...
The GovCon Index posted its second gain of more than a full point in three weeks Monday to close up 1.052 points — or 1.366 percent — to 78.090. Contractor stocks rode the wave of positivity in U.S. markets after Warren Buffett’s Berkshire Hathaway investment arm disclosed its now-$1 billion ...
