John Rood, vice president of government affairs at Lockheed Martin (NYSE: LMT), will transition into new roles as senior vice president of the company’s international business organization and corporate officer by March 7. He will oversee the organization’s expansion strategies as well as facilitate its government relations, client...
Miranda Ashby, formerly senior director of federal sales at Cornerstone OnDemand, has joined cloud-based talent management software provider Acendre as senior vice president of federal sales. Ashby will work to support the company’s business development team to address the talent management needs of federal agencies, Acendre sai...
The Federal Trade Commission has given Dell the green light to continue its approximately $67 billion cash-and-stock acquisition of enterprise data storage company EMC (NYSE: EMC). FTC approved the potential EMC-Dell combination after a 30-day waiting period under the Hart-Scott-Rodino Antitrust Improvements Act expired Monday, EMC said Tuesday...
Cubic has been awarded $44 million in contracts to provide tactical engagement simulation systems to the U.S. Army for use in training exercise scenarios. The company said Monday it will produce instrumentable-multiple integrated laser engagement system individual weapon systems for the Army™s program executive office for simulation, train...
Frank Vitale, former senior vice president of the private banking group at Clear Mountain Bank, has joined information technology consulting firm KeyLogic Systems as chief human resources officer. He will be responsible for implementing strategies to increase employee performance and engagement and will also oversee recruitment and training programs...
FCi Federal has appointed seven new executives to its management team in an effort to boost its expansion in the government services sector. Jeffrey Leong, a U.S. Air Force veteran and former chief financial officer at a business unit of Northrop Grumman (NYSE: NOC), will serve as the company™s CFO, FCi Federal said Tuesday. Claude...
Feb. 8 – Feb. 12 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Many reasons have been put forth as to why global financial markets continue to be in turmoil but this week showed there may be no end in sight to this period of volatility that has carried...
The GovCon Index largely reversed its spike from morning trade Wednesday but held onto nominal gain/loss of 0.152 points to 70.231 in a choppy session for U.S. financial markets. The Index rose at least 0.75 percent in the first two hours of activity and mirrored gradual declines by U.S. stocks as traders reacted to volatility...
The GovCon Index closed Friday with a 2.643-percent gain to 71.807 to surge out of correction territory. The gain comes amid a recovery in technology stocks and investor optimism on a slowdown of future interest rate increases by the Federal Reserve. Top GovCon Index Gainers Symbol Company $ Current Price Net Change % Change NAV...
The GovCon Index surged out of correction territory Friday with a gain of 2.643 percent to 71.807 which mirrored investor optimism that the Federal Reserve may slow down future interest rate hikes and a bounce-back from technology stocks. The Index ends the week at a 2.81-percent loss and the first month of 2016 with a...
