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...
TYSONS CORNER, VA, January 25, 2016 ” ICF International (Nasdaq: ICFI) will provide event management services to the European Commission under a $15 million contract to support regional and urban policy programs in the European Union, ExecutiveBiz reported Friday. The company said Friday its ICF Mostra division in Brussels will organize ev...
Jan. 18 – Jan. 22 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Volatility in financial markets has become a fact of life all over the world and has sent investors questioning where the opportunities are in the midst of headwinds such as declining commodity pric...
TYSONS CORNER, VA, January 19, 2016 ” David Wajsgras, president of Raytheon‘s (NYSE: RTN) intelligence, information and services business, is one of nine executives who have joined the board of advisers at the Center for a New American Security, GovCon Executive reported Friday. CNAS said Thursday the executives come from the defense...
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...
