Executive Mosaic’s GovCon Index traded lower Wednesday on sell-offs in its largest defense prime components as U.S. stocks also held modestly down with financial stocks and utilities among the most notable decliners. GovCon Index laggards outnumbered gainers by a 2-to-1 ratio and all 11 of its S&P 500 components fell with Lo...
The General Services Administration has awarded a $102 million task order to CGI Federal (NYSE: GIB) to provide credentials and authentication management support for a Department of Homeland Security-run cybersecurity program, Federal News Radio reported Monday. Jason Miller writes a CGI spokeswoman said the company will pr...
MCR Federal has appointed Dave Rhodes, former industry general manager for non-health civil agencies at CSRA (NYSE: CSRA), as vice president of civil programs. MCR said Tuesday that Rhodes will manage the company’s operational support to civilian agencies and lead its civil portfolio expansion efforts. œDave has a long hist...
Executive Mosaic’s GovCon Index added at least 1 full percent for a fourth consecutive session Monday to new all-time high as defense primes continued to lead gainers and construction company AECOM (NYSE: ACM) also climbed after its CEO offered investors a positive outlook on U.S. infrastructure spending. GovCon Index gainers outnumbered ...
November 7 – November 11, 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Red was the dominant color all over the electoral map Tuesday night and green has taken over many corners of Wall Street since with defense and other GovCon stocks in particular the focus of...
GovCon Index-listed Vectrus (NYSE: VEC) said Tuesday the U.S. Army will seek revised proposals for a recompeted logistics contract the company originally was not selected for in late September as the program’s current iteration represents the largest the contractor’s portfolio. Vectrus added it is also awaiting a Governmen...
TYSONS CORNER, VA, Nov. 3, 2016 ” The General Services Administration has taken on an expanded role in the effort to assist the presidential candidates to prepare for their possible transition to government leadership, ExecutiveGov reported Wednesday. Casey Coleman, vice president for civilian agencies at Unisys‘ (NYSE: UIS) fed...
TYSONS CORNER, VA, Nov. 3, 2016 ” Carahsoft has agreed to serve as Zscaler‘s master government market aggregator and offer the latter’s cloud security platform to public clients through the contract vehicles run by the General Services Administration and NASA, ExecutiveBiz said Wednesday. Zscaler’s Internet Security ...
Huntington Ingalls Industries (NYSE: HII) believes its pending $380 million acquisition of Camber Corp. gives the military shipbuilder increased opportunities through prime contract vehicle positions in government services for work previously only available as a subcontractor, HII CEO Mike Petters told investors Thursday. Camber posted&nbs...
A subsidiary of Japan-based conglomerate Nippon Telegraph & Telephone (NYSE: NTT) has wrapped up its acquisition of Dell™s services business for $3.05 billion in a strategy to expand the former™s consulting and information technology services. NTT Data CEO John McCain will oversee the newly acquired firm that will operat...
