The GovCon Index suffered its largest percentage drop in two months Thursday at 0.987 percent — or -0.738 points — to 74.031 with satellite services provider Intelsat (NYSE: I) and rocket maker Orbital ATK (NYSE: OA) the only GCI stocks to close in positive at 3.23 percent and 4 cents, respectively. Maximus (NYSE: MMS...
TYSONS CORNER, VA, April 7, 2016 ” CGI (NYSE: GIB) will provide software development, test and implementation support to the Environmental Protection Agency‘s Office of Research and Development under awards worth a potential $22 million combined, ExecutiveBiz reported Wednesday. The company said Wednesday it will leverage i...
CAE (NYSE: CAE) has captured contracts worth a combined $132.8 million to provide flight simulation equipment and pilot training services to multiple domestic and international defense customers. The company said Wednesday it received a contract from Lockheed Martin (NYSE: LMT) to build Phenom 100 synthetic training devices ...
The GovCon Index tumbled for a third consecutive session Tuesday at 0.294 points to 73.895 as U.S. investors weighed new economic data that showed mixed pictures for the domestic economy and remarks from International Monetary Fund leader Christine Lagarde that a global recovery is surrounded by political risk and instabilit...
TYSONS CORNER, VA, April 4, 2016 ” Tim Conway, public sector president for NTT Data (NYSE: NTT), has said the company’s advisory and application innovation services is complementary with Dell‘s cloud computing, business process outsourcing and technology portfolio, ExecutiveBiz reported Friday. Conway told ExecutiveBiz in an in...
The GovCon Index posted a gain of 0.348 points to 74.380 in a reflection of overall positive movement in U.S. markets Friday on March jobs figures that exceeded some economists’ expectations and new manufacturing data that showed some recovery in that sector. Both the Index and S&P 500 composite index held downward in the first hour-a...
March 28 – April 1 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson An acquisition deal announced this week appears on the surface to have its roots in Tokyo and Texas but its impact will also be felt right here in the Washington region with respect to the fed...
Lockheed Martin (NYSE: LMT) and Austal have been awarded separate contract modifications to build two fiscal 2016 littoral combat ships for the U.S. Navy. Lockheed will build one Freedom-variant warship (LCS 25) under a $564 million contract modification and Austal™s U.S. business will construct an Independence-variant combat vessel (...
Parsons has won a five-year, $63.2 million contract with options to support the Missile Defense Agency‘s warfighter strategic integration directorate in the deployment and integration of missile defense capabilities into the military services. The Defense Department said Thursday Parsons will provide planning, operations, life-cycle and p...
TYSONS CORNER, VA, March 31, 2016 ” Raytheon (NYSE: RTN) has received an order for 245 Stinger air-to-air missiles and launchers for India as part of a potential $3.1 billion foreign military sale agreement between the U.S. and Indian governments, ExecutiveBiz reported Wednesday. The company said Wednesday the FMS deal would also include a...
