The Executive Mosaic GovCon Index closed up as advancing stocks outpaced declining 2 to 1. U.S. markets closed mixed as the economy grew at modest to moderate rates per the Bloomberg report. IBM reported weak earnings which helped hold the markets back. At market close WTI was also down $1.86 to $ 50.55 per barrel in response...
Rockwell Collins (NYSE: COL) has wrapped up its purchase of airline cabin equipment provider B/E Aerospace (Nasdaq: BEAV) for approximately $8.6 billion in a push to diversify and expand its product portfolio and accelerate its global growth initiatives. The companies originally disclosed the $6.4 billion cash-and-stock transaction in Octo...
TYSONS CORNER, VA, April 13, 2017 ” NTT Group‘s specialized security company has created a Global Threat Intelligence Center that will serve as a platform for the company’s intelligence resources to coordinate efforts to address security challenges, ExecutiveBiz reported Wednesday. The company said Tuesday GTIC will r...
Weekly Roundup April 10 – April 13 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Since the election of President Trump, the Department of Homeland Security has been a topic of much discussion, particularly the Customs and Border Protection agency. Trump’s camp...
CenturyLink (NYSE: CTL) and Level 3 Communications (NYSE: LVLT) have received regulatory clearances in Maryland, Delaware, Hawaii and Washington, D.C., for the companies™ planned merger that was announced in October 2016. The approvals are in addition to the clearances the firms earlier received from the states of ...
Gryphon Technologies has received a $75.9 million contract to offer engineering support services to the Ship Self-Defense System program office within the U.S. Navy‘s Program Executive Office for Integrated Warfare Systems through 2022. The company said Wednesday the contract is a single-award, competitively-bid deal. “We ...
Oshkosh Corp.‘s (NYSE: OSK) defense segment has secured three contract modifications worth $259.6 million combined to continue refurbishment work on heavy expanded mobility tactical trucks, palletized load systems and self-recovery winches for the U.S. Army. The Defense Department said Wednesday Oshkosh will modernize M1977A4, M984...
Weekly Roundup April 3 – April 7 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson This week the GovCon industry witnessed several large-scale mergers and acquisitions, as well as a number of executive moves in both the public and private sectors. Computer Sciences Corp....
Boeing (NYSE: BA) and a Leonardo DRS subsidiary have received contracts worth up to $192.8 million combined to install Gigabit Ethernet Data Multiplex System hardware aboard the U.S. Navy™s DDG 51-class destroyers. The firm-fixed-price contracts also cover the provision of spare parts and checkout repair services for AN/USQ-...
KeyW (Nasdaq: KEYW) has wrapped up its $235 million cash acquisition of Herndon, Virginia-based national security technology contractor Sotera Defense Solutions. Hanover, Maryland-based KeyW completed the transaction a month after it agreed to acquire Sotera as part of efforts to advance strategic growth and expand footprint...
