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Executive Mosaic’s GovCon Index traded lower Wednesday on sell-offs in its largest defense prime components as U.S. stocks also held modestly down with financial stocks and utilities among the most notable decliners. GovCon Index laggards outnumbered gainers by a 2-to-1 ratio and all 11 of its S&P 500 components fell with Lo...
TYSONS CORNER, VA, Nov. 16, 2016 ” Peter Chiarelli, a retired U.S. Army officer, has been presented the Dr. Jennifer and Dr. Jack London Medal for Distinguished Service by CACI International (NYSE: CACI) Executive Chairman Jack London for the general’s efforts to advance post-traumatic stress and traumatic brain i...
TYSONS CORNER, VA, Nov. 16, 2016 ” The U.S. Navy has awarded L-3 Communications (NYSE: LLL) a $49.5 million indefinite-delivery/indefinite-quantity contract for the supply of binocular night-vision devices, ExecutiveBiz reported Tuesday. The company will provide BNVD goggles with white phosphor tubes that will work to boost visual acuity o...
TYSONS CORNER, VA, Nov. 16, 2016 ” Dubai Airports has awarded Serco‘s Middle East arm a six-year contract to maintain and support a majority of buildings and infrastructure at the Dubai International Airport, ExecutiveBiz reported Tuesday. The company said Monday it will provide facilities management services for the airport’s termi...
TYSONS CORNER, VA, Nov. 16, 2016 ” The Indian navy has expressed an intent to acquire the General Atomics-built Predator B Guardian surveillance drone and electromagnetic aircraft launch system, ExecutiveBiz reported Tuesday. The Indian Express reported Aug. 1 that India has sent letters of request to the Defense Department to procure...
TYSONS CORNER, VA, Nov. 16, 2016 ” The New York State Department of Transportation has awarded ICF (Nasdaq: ICFI) approximately $7 million in additional funds to aid the former’s statewide active and transportation demand management initiative, ExecutiveBiz reported Tuesday. The company said Monday it will help develop NYSDOT’s regi...
The General Services Administration has awarded a $102 million task order to CGI Federal (NYSE: GIB) to provide credentials and authentication management support for a Department of Homeland Security-run cybersecurity program, Federal News Radio reported Monday. Jason Miller writes a CGI spokeswoman said the company will pr...
Palo Alto, California-based analytics firm Sysorex (Nasdaq: SYRX) has agreed to purchase certain assets of information technology services provider Integrio Technologies in a move to add new contracts and clients to Sysorex’s professional services and government value-added reseller business segments. Sysorex said Wedn...
MCR Federal has appointed Dave Rhodes, former industry general manager for non-health civil agencies at CSRA (NYSE: CSRA), as vice president of civil programs. MCR said Tuesday that Rhodes will manage the company’s operational support to civilian agencies and lead its civil portfolio expansion efforts. œDave has a long hist...
Executive Mosaic’s GovCon Index ended its four-day post-election gain streak with a 1-percent decline Tuesday as investors sold defense shares that had surged since Donald Trump’s U.S. presidential election victory Nov. 8. In contrast, U.S. stocks were lifted Tuesday on bounces in technology and energy shares as the l...
