The GovCon Index extended its stretch of positive movement into a third full trading session Wednesday with a gain of 0.204 points to 74.334 as U.S. investors continued to gauge Tuesday’s comments from Federal Reserve Chair Janet Yellen on a potentially slower interest rate hike path for the central bank. Falls Church, Virg...
TYSONS CORNER, VA, March 30, 2016 ” CACI International (NYSE: CACI) will seek to provide geospatial analytic support to U.S. geographic combatant commands under a $180 million contract awarded by the U.S. Special Operations Command in early March, GovCon Executive reported Monday. The company said Monday the five-year contra...
A subsidiary of Japan-based conglomerate Nippon Telegraph & Telephone (NYSE: NTT) has agreed to purchase the information technology services and consulting business of Dell for $3.05 billion as part of a push to expand further into new geographic markets such as the U.S. The companies did not disclose a timeline for the transaction’s cl...
Northrop Grumman (NYSE: NOC) and Raytheon (NYSE: RTN) have secured contracts worth $130.3 million combined to help reduce radar risks for the U.S. Air Force‘s Joint Surveillance Target Attack Radar System Recapitalization program. The service branch awarded $70.3 million to Northrop’s systems business and $60 mil...
Mar. 21 – Mar. 24 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson A White House-mandated cybersecurity organization created to combine knowledge and experience from the public and private sectors added a new leader this week whose background includes stops on both side...
TYSONS CORNER, VA, March 24, 2016 ” Intelligent Software Solutions will continue to provide sustainment support to several U.S. military agencies located domestically and in Asia under a $2.6 million contract from the U.S. Air Force, ExecutiveBiz reported Wednesday. The company said March 14 the contract covers research...
TYSONS CORNER, VA, March 23, 2016 ” Fortinet (Nasdaq: FTNT) and Intel (Nasdaq: INTC) have unveiled separate cybersecurity initiatives that seek to address shortages in the workforce and information-sharing activities, ExecutiveBiz reported Tuesday. San Jose Mercury News reported Tuesday Fortinet will open a Network Security Academy wh...
The U.S. Navy has selected five companies to provide teaching and research services and subject matter expertise in support of the Naval Postgraduate School™s educational programs under a potential $502.7 million contract. Creek Technologies, General Dynamics (NYSE: GD), Digital Consulting Services, DeVine Consulting and MAC Consulting Services...
Oshkosh Defense has landed a $243.8 million U.S. Army contract modification to deliver a set of light tactical vehicles and trailers as well as provide system engineering, program management and test support. The Defense Department said Tuesday the contract requires 657 Joint Light Tactical Vehicles, 25 trailers, 2, 977 kits, 175 test...
The GovCon Index held in narrow range for the entirety of Tuesday trade and closed at a nominal loss of 0.084 points to 75.331, which ends the Index’s four-day stretch of gains. U.S. markets also struggled for direction after the early morning terrorist attacks at the main airport and a subway station in Brussels that killed at...
