CenturyLink (NYSE: CTL) has finalized the sale of its colocation business and 54 data centers to a consortium led by private equity firms Medina Capital and BC Partners. CenturyLink said Tuesday it has secured net pre-tax proceeds valued at approximately $1.86 billion and assumed ownership of 10 percent minority stake i...
Modern Technology Solutions Inc. has become a 100 percent employee-owned company after the Alexandria, Virginia-based engineering services and technology services contractor completed an employee stock ownership plan launched in 2008. Kevin Robinson, CEO and president of MTSI, said in a statement released Tuesday that the move to a full employe...
CACI International (NYSE: CACI) has secured multiple contracts worth a combined $349 million from undisclosed federal agencies to provide information products and services in support of national security programs. The company said Tuesday it booked the classified contracts during the first three quarters of its 201...
The Executive Mosaic GovCon Index closed up 0.319 percent to 92.667 as the large platform companies lead the way. Advancers outpacing decliners 2 to 1. On an active day of earnings reports the S&P500 and DJIA flirted with reaching 52 week highs as the NASDAQ set another record. At market close WTI broke through the $48 floor...
TYSONS CORNER, VA, May 2, 2017 ” CA Technologies (Nasdaq: CA) CEO Mike Gregoire has urged federal agencies to implement a “built to change” approach to information technology modernization in order to secure against emerging threats, ExecutiveBiz reported Monday. Gregoire wrote in a Nextgov guest piece published Thursday&n...
TYSONS CORNER, VA, May 2, 2017 ” A General Dynamics (NYSE: GD) business unit will provide cybersecurity and information technology support to the Naval Meteorology and Oceanography Command under a potential $52 million contract from the U.S. Navy, ExecutiveBiz reported Friday. The Defense Department said Thursday the contract wit...
Jacobs Engineering Group (NYSE: JEC) will provide cybersecurity and other information technology support services to the U.S. Transportation Command and the U.S. Army‘s Military Surface Deployment and Distribution Command under a potential $89 million contract. The company said Tuesday the TCJ6 Information Technology S...
TYSONS CORNER, VA., May 1, 2017 - The Potomac Officers Club ” a division of Executive Mosaic ” has added Jeanette Manfra to the list of speakers for the 2017 Spring Cybersecurity Summit. Cybersecurity is one of the foremost concerns of leaders in both the public and private sectors. The rapid advancement of software, hardware and...
The State Department has approved Israel’s request to buy 13 Leonardo DRS-built 76mm naval guns and technical services under a $440 million foreign military sales agreement with the U.S. government. Israel requested the sale of shipboard spares; spares to support repair work; special tools for maintenance; holding and transporta...
Bajinder Paul, formerly associate director at the Federal Reserve System, has joined InfoZen as vice president of strategy and solutions for the Bethesda, Maryland-based information technology services provider™s federal business. Raj Ananthanpillai, chairman, CEO and president of InfoZen, said in a statement released Monday the company expects...
