TYSONS CORNER, VA, July 3, 2017 ” Lisa Mascolo, managing director for the U.S. federal sector at IBM™s (NYSE: IBM) global business services segment, has said the collaboration between the Department of Veterans Affairs and Defense Department in updating the former’s electronic health records system works to transf...
TYSONS CORNER, VA, July 3, 2017 ” Science Applications International Corp. (NYSE: SAIC) will provide information technology support and associated services to government agencies in Maryland under a potential $2.5 billion multi-award contract, ExecutiveBiz reported Wednesday. The company said Tuesday the contract from Maryland’s...
TYSONS CORNER, VA, July 3, 2017 ” Leidos (NYSE: LDOS) has added Frank Kendall, former undersecretary for acquisition, technology and logistics at the Defense Department, to the company’s board of directors where he will contribute to corporate management, GovCon Executive reported Wednesday. Chairman and CEO Roger Krone, an inductee ...
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...
