Executive Mosaic’s GovCon Index recorded its worst session in four weeks Wednesday despite gainers as the clear majority after Orbital ATK (NYSE: OA) announced it would restate all financial results dated back to April 2014. Shares in Orbital ATK plummeted 20.25 percent — or $17.987 — at the&...
Vectrus (NYSE: VEC) has lifted full-year earnings and revenue guidance on improved outlooks in cash flow for the 2016 second half and expectations of extra payments on debt. The Colorado Springs-based government communications services contractor now expects earnings per share in the $2.07-$2.32 range versus the previous&nbs...
ManTech International (Nasdaq: MANT) has received two task orders worth up to $110 million combined for cybersecurity and cloud computing services in support of the Department of Homeland Security‘s Continuous Diagnostics and Mitigation program. The General Services Administration awarded the task orders on behalf of DHS fo...
Booz Allen Hamilton (NYSE: BAH) has won a potential $52.5 million task order from the Defense Health Agency to assist the assistant defense secretary for health affairs in efforts to implement action plans resulting from the Defense Department‘s military health service review. DoD said Tuesday the company will pro...
Kuwait has signed a $1.1 billion deal with Airbus Group to acquire 30 Airbus-built H225M Caracal military transport helicopters, Defense News reported Tuesday. Pierre Tran writes Kuwait’s defense minister Khaled Al Jarrah Al Sabah signed the contract in the presence of his French counterpart Jean-Yv...
Intelligent Decisions has sold the company’s U.S. Army communications and transmission systems business assets to Bethesda, Maryland-based government services contractor Tribalco after the Army Contracting Command approved the transaction. Tribalco said Friday the deal includes ID’s position as one of 12 awardees on a potential ...
Adam Clater, chief cloud architect at Red Hat‘s (NYSE: RHT) North America public sector organization, has said federal information technology administrators should implement a strategy that seeks to automate application management, security and deployment in order to facilitate workload migration to the cloud. Clater wrote that federal agencie...
TYSONS CORNER, VA, Aug. 5, 2016 ” General Dynamics (NYSE: GD) has added Peter Wall, a veteran of the U.K. army and director of leadership advisory company Amicus, as a member of its board of directors, GovCon Executive reported Thursday. Wall brings experience from his service as chief of the general staff for the British army and&nbs...
Elizabeth Jordan Wilhelm — a former U.S. Army explosive ordnance disposal officer — has joined Janus Global Operations as director of conventional weapons destruction and unexploded ordnance clearance. JGO said Wednesday Wilhelm will work out of the demining and UXO clearance company’s Reston, Virginia office. “...
TYSONS CORNER, VA, Aug. 3, 2016 ” Siemens has received emergency use authorization from the Food and Drug Administration for the company’s VERSANT Zika RNA 1.0 Assay Kit that aims to detect the presence of the Zika virus in plasma, blood and urine samples, ExecutiveBiz reported Tuesday. The company said Monda...
