CGI (NYSE: GIB) has received a potential $824 million task order contract to provide cloud hosting, operations, maintenance and reporting services under the U.S. Agriculture Department‘s financial management shared services program. The awarding of the contract comes after the General Services Administration and the Office of Management and Bu...
Executive Mosaic’s GovCon Index plunged 1 percent Tuesday to post its worst one-day performance in two months with all 30 companies in red at the close as U.S. financial markets entered sell-off mode on investor worries over dim third quarter corporate earnings and the fast pace of inflation. Six of the GovCon Index’s 10 l...
Satellite imagery provider DigitalGlobe (NYSE: DGI) has agreed to purchase Chantilly, Virginia-based geospatial information services contractor The Radiant Group for $140 million in an effort to diversify revenue and add new offerings and staff to support the U.S. intelligence and special operations community. DigitalGlobe said Tuesday i...
General Dynamics (NYSE: GD) has received a potential $508.7 million firm-fixed-price contract to re-engineer the U.S. Army‘s fleet of Stryker ground combat vehicles. The Defense Department said Friday that the company will update an estimated 215 Stryker flat-bottom armored vehicles to a double-V hull enginee...
Executive Mosaic’s GovCon Index registered its second loss of at least 1 percent in six sessions Friday to register its second consecutive weekly decline on Honeywell International‘s (NYSE: HON) largest one-day plunge in 15 months on an earnings guidance miss and other falls by mid-tier contractors. Friday’s sharp de...
October 3 – October 7, 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson The stalwart GovCon technology maker L-3 Communications extended its profile as an active player in the merger-and-acquisition scene this week and closed its first buys since a large business divest...
Executive Mosaic’s GovCon Index held higher against narrow trading activity in U.S. financial markets Thursday on strong performances by CACI International (NYSE: CACI) and defense platform makers as Booz Allen Hamilton (NYSE: BAH) rallied to recoup one-half of losses from a steep fall Wednesday. ThursdayR...
Executive Mosaic’s GovCon Index traded higher Wednesday with Boeing (NYSE: BA) the largest contributor with services-oriented contractors also leaders of gains as U.S. stocks rose on investor confidence in a strengthening domestic economy after the release new data. GovCon Index advancers slightly edged laggers and sev...
Accenture (NYSE: ACN) has agreed to buy Alexandria, Virginia-based cybersecurity company Defense Point Security for an undisclosed amount in a strategy to expand the global consulting firm™s cyber defense platforms and services for federal agencies. Accenture said Wednesday DPS will operate as a subsidiary within the firm’s...
MacDonald, Dettwiler and Associates has appointed new board of directors and senior executives in support of the implementation of the company™s U.S. Access Plan strategy. Howard Lance, president and CEO of MDA, said in a statement released Monday the firm™s U.S. Access Plan seeks to pursue government contracts in order to provide informat...
