Mike Garrity, vice president of finance and administration at General Dynamics‘ (NYSE: GD) information technology business, has retired after nearly 40 years of financial management work in the government contracting industry. Garrity told colleagues of his retirement in an email Friday. ExecutiveBiz featured him in a 2008 article on the ...
The GovCon Index closed Friday at a 1.181-percent drop to 73.739 and ended the week with a loss of 4.31 percent. The S&P 500 composite index joined the Dow Jones Industrial Average and Nasdaq index in correction territory with a decline of 1.08 percent Friday. Top GovCon Index Gainers Symbol Company $ Current Price Net Change % Ch...
The GovCon Index failed to hold momentum from a strong open Friday and closed at a decline of 1.181 percent to 73.739, which extends its current stretch of losses to three trading days. For the week, the Index recorded a loss of 4.31 percent and is down 6.27 percent from its Dec. 1, 2015 close...
TYSONS CORNER, VA, January 8, 2016 ” Parsons will host a presentation on the movement of engineering firms to cyberspace as a sponsor of Digital Bond‘s S4 security conference from Jan. 12 to 14, GovCon Executive reported Thursday. The company said Wednesday it will also exhibit at the conference with a demonstration of...
TYSONS CORNER, VA, January 7, 2016 ” AT&T (NYSE: T), Cisco (Nasdaq: CSCO), Deloitte, IBM (NYSE: IBM), Intel (Nasdaq: INTC), General Electric, Ericsson and Qualcomm Technologies have tied up in support of AT&T’s strategy to help local governments create more connected communities, ExecutiveBiz reported We...
Lockheed Martin (NYSE: LMT) has been awarded a potential five-year, $424 million contract to sustain an integrated targeting and pilotage technology on the U.S. Army‘s fleet of AH-64D/E Apache attack helicopters. The Army has obligated $31.8 million at the time of award and the one-year base period of performance for the Modernized Target Acqu...
The GovCon Index suffered a reversal from the prior day’s gain Wednesday to close at a decline of 0.7 points — or 0.910 percent — to 76.185 as U.S. investors reacted to more oil price declines and showed continued concerns about China’s economy. The S&P 500 plunged 1.31 percent to close at the 1, 990...
Raytheon (NYSE: RTN) has been awarded a potential two-year $142.8 million contract to build missiles for the U.S. Navy to defend ships from adversarial missiles, aircraft and surface vehicles. The Defense Department said Tuesday the company will produce, assemble, test and deliver Rolling Airframe Missile Block 2 guided missile round packs ...
