Executive Mosaic’s GovCon Index tumbled Thursday on steep losses among several of its large-cap prime components as U.S. stocks posted a small advance to a new record high close with financial shares the top performers at a 1-percent gain and industrials the largest laggards. Thursday’s decline puts the GCI below 90 p...
Booz Allen Hamilton‘s (NYSE: BAH) pending $250 million purchase of Laurel, Maryland-based cloud computing and digital services contractor Aquilent represents a selective entry into the GovCon acquisition landscape for a firm as it has made five purchases. McLean, Virginia-based Booz Allen largely sat out of last year’s ...
TYSONS CORNER, VA, Dec. 8, 2016 ” CACI International (NYSE: CACI) will provide deployable analytical operations, integrated intelligence and training services in support of the Joint Improvised-Threat Defeat Organization under a potential $1.77 billion task order from the General Services Administration, ExecutiveBiz reporte...
GovCon Index-listed Science Applications International Corp. (NYSE: SAIC) reported third quarter earnings above the consensus Wall Street analyst forecast Thursday as the government contractor also set a record book-to-bill ratio since its September 2013 spinoff from former parent Leidos Holdings (NYSE: LDOS). SAIC reported $0.91 earnings per share ...
The U.S. Army has awarded four companies positions on a potential three-year, $47 million contract that covers organizational, administrative and technical personnel and equipment. The Defense Department said Wednesday contractors will provide staff and equipment to support theater combatant commands, theater special operati...
Canada has selected Airbus-built C-295 to serve as the next fixed-wing search-and-rescue aircraft and replace the country™s fleet of aging C-130s and Buffalo planes under a potential $2.3 billion contract, Defense News reported Wednesday. David Pugliese writes Harjit Sajjan, Canada™s defense minister, and Judy Foote, the co...
Executive Mosaic’s GovCon Index posted a fifth straight gain to a new all-time record close Wednesday on strong performances by Honeywell International (NYSE: HON) and L-3 Communications (NYSE: LLL) as U.S. stocks also advanced with the S&P 500 at a record close. GovCon Index gainers outnumbered decliners by a 2-to-1 ratio and seven o...
TYSONS CORNER, VA, Dec. 7, 2016 ” Intel (Nasdaq: INTC) has invested in several computer science education efforts in support of President Barack Obama’s Computer Science for All program and the company’s $300 million Diversity in Technology initiative, GovCon Executive reported Tuesday. The company said Monday its inv...
Adobe Systems (Nasdaq: ADBE) and the General Services Administration have entered into an agreement for the company to offer data security and electronic signature software products to the federal government. GSA said Tuesday it seeks to help customer agencies comply with information security and electronic government policy reco...
SRI International has secured a seven-year, $150 million contract from the National Institutes of Health to provide development services for candidate HIV prevention products from investigator-initiated studies or from partnerships with other companies and organizations. SRI said Tuesday its biosciences division will manufacture and charac...
