TYSONS CORNER, VA, July 3, 2017 ” Seagate Technology (Nasdaq: STX) has hired Kate Schuelke, formerly a senior vice president of Intel‘s (Nasdaq: INTC) Altera subsidiary, to serve in the roles of SVP, chief legal officer and corporate secretary, GovCon Executive reported Friday. The data storage company said Thursday Sc...
In observance of Independence Day the markets closed at 1:00 PM today and will be closed tomorrow. The Executive Mosaic GovCon Index (GCI) closed up 0.849 percent to 95.656 approaching a 30 day high. 25 of the 30 stocks that make up the Index where in the positive. Huntington Ingalls was near the top of the GCI...
Global private equity firm H.I.G. Capital has agreed to acquire Reston, Virginia-based government information technology services provider NCI (Nasdaq: NCIT) for approximately $283 cash, or $20 per share. NCI said Monday its board of directors unanimously approved the proposed sale and that founder and Chairman Charles Narang will tender all of...
Weekly Roundup June 26 – June 30 2017 A Note From Our President & Founder Jim Garrettson This week we saw the unveiling of the House Armed Services Committee™s $696.5 billion defense authorization bill. The draft, titled 2018 National Defense Authorization Act (NDAA), was revealed on the 26th and asks for $28.5 billion more than ...
The Executive Mosaic GovCon Index (GCI) closed up Friday to 94.885 a gain of 0.760 percent. The Index ended down 1.24 percent from the June open of 96.082. The month saw a GCI high of 96.224 and a low of 94.302. The major indices ended Friday with a monthly June performance with the S&P500 flat and DJIA up...
The Executive Mosaic GovCon Index closed up to 94.885 a gain of 0.760 percent. 28 of the 30 stocks that make up the Index where in the positive. ManTech international lead the GovCon Index posting a 5 percent gain as the company was upgraded by Loop Capital Markets. After sharp drops yesterday the major indices closed mixed...
TYSONS CORNER, VA, June 30, 2017 ” Wayne Lewandowski, vice president of the federal business at Thales e-Security, has urged the U.S. government to refocus its cybersecurity investments to enterprise-wide protection for potential targets of attacks, ExecutiveBiz reported Tuesday. Lewandowski previewed the findings of the 2017 Tha...
TYSONS CORNER, VA, June 30, 2017 ” Maximus (NYSE: MMS) will work with Interactions to deliver a virtual assistant technology offering for the federal market that will work to engage with people who access government services, ExecutiveBiz reported Tuesday. The Maximus Intelligent Assistant powered by Interactions’ Adaptive Under...
TYSONS CORNER, VA, June 30, 2017 ” Leidos (NYSE: LDOS) CEO Roger Krone and his wife Helen have made a naming gift for a building at the Georgia Institute of Technology that houses the university’s biomedicine and bioscience research, GovCon Executive reported Tuesday. Georgia Tech said Monday the Roger A. and Helen B. ...
The House Appropriations Financial Services and General Government Subcommittee passed its 2018 appropriations bill via voice vote Thursday afternoon. The bill does not offer an alternative to President Donald Trump™s 1.9 percent raise offered in his budget proposal, which means federal employees have cleared a hurdle to receiving a p...
