Government technology services contractor CSRA (NYSE: CSRA) will observe the merger of its former parent Computer Sciences Corp. (NYSE: CSC) with Hewlett Packard Enterprise‘s (NYSE: HPE) enterprise services segment for any potential opportunities, CSRA CEO Larry Prior told investors Wednesday. Falls Church, Virginia-based CSRA entered the mark...
The GovCon Index nudged out a gain of 0.081 points to 78.273 Wednesday on contributions from Boeing (NYSE: BA) and armored truck manufacturer Navistar International (NYSE: NAV). Boeing surged 1.07 percent and Navistar rose 9.09 percent, while shipbuilder Huntington Ingalls Industries (NYSE: HII) rebounded by one-ha...
Cleveland-based aircraft component maker TransDigm (NYSE: TDG) has agreed to purchase databus and power control system manufacturer Data Device Corp. and its parent company ILC Holdings from Behrman Capital for approximately $1 billion in a push to add new products for military, space and commercial customers. Tran...
TYSONS CORNER, VA, May 25, 2016 ” Microsoft (Nasdaq: MSFT) plans to revise the terms of use for company-hosted consumer Web services and establish partnerships with nongovernment organizations in efforts to curb online terrorist activities, ExecutiveBiz reported Tuesday. The company said Friday it will work to eliminate terrorism-related c...
Computer Sciences Corp. (NYSE: CSC) CEO Mike Lawrie told investors Tuesday the company will consider an undefined range of options regarding Hewlett-Packard Enterprise‘s (NYSE: HPE)’s U.S. public sector business in conjunction with CSC’s merger into HPE’s enterprise services segment. Tysons, Virginia-based CSC is ...
Cubic Corp. (NYSE: CUB) has promoted David Buss to president of the San Diego-based contractor’s global defense segment and Mike Twyman to president of the company’s newly-established mission solutions business division as part of a realignment initiative. The company said Wednesday Buss, a senior vice president in the global def...
May 16 – May 20 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson The future of the federal government and contractor workforces is our focus here as we look at a pair of new initiatives announced this week that aim to help build up skill sets for current...
The Defense Logistics Agency has awarded AAR™s (NYSE: AIR) mobility systems business unit a potential four-year, $200 million contract to supply hybrid mobile shelters, containers and related accessories to the Defense Department and civilian agencies. Mark Platko, general manager of mobile systems unit at AAR, said Tuesday the contra...
Sikorsky Aircraft, a subsidiary of Lockheed Martin (NYSE: LMT), has received a contract modification worth $88 million from the U.S. Army for the delivery of eight additional UH-60M Black Hawk helicopters. The modification exercises an option on a previously awarded contract, the Defense Department said Wednesday. Army Contracting Com...
The GovCon Index hovered in neutral territory during the final two hours of trade Wednesday and closed at a gain of 0.220 points to 77.591 despite its descent from a strong early afternoon session. The GCI hit volatility in conjunction with the S&P 500 composite index shortly after 2 p.m. upon the release of the Fed...
