Executive Mosaic’s GovCon Index closed narrowly down in the midst of a larger selloff in U.S. financial markets Wednesday as declines by defense primes offset gains on guidance boosts by government services contractors Booz Allen Hamilton (NYSE: BAH) and ICF (Nasdaq: ICFI) along with a sharp rise by McKesson Corp. (NYSE: MCK). B...
TYSONS CORNER, VA, Nov. 2, 2016 ” CSRA (NYSE: CSRA) has secured a four-year, $73 million contract to manage several cloud computing platforms to support veteran health benefits and service delivery programs across the Department of Veterans Affairs, ExecutiveBiz reported Tuesday. The company said Tuesday it will oversee VA’s&nbs...
TYSONS CORNER, VA, Nov. 2, 2016 ” Northrop Grumman (NYSE: NOC) has received the last of the five NeXolve-built sunshield layers that will work to protect the optics and equipment of NASA‘s James Webb Space Observatory, ExecutiveBiz reported Tuesday. NASA said Tuesday the sunshield serves to prevent the sun’s heat from disr...
TYSONS CORNER, VA, Nov. 2, 2016 ” Aerojet Rocketdyne (NYSE: AJRD) has completed several hot fire tests on two launch abort engines intended to support the propulsion system of Boeing‘s (NYSE: BA) CST-100 Starliner service module, ExecutiveBiz reported Tuesday. Aerojet Rocketdyne said Monday the tests sought to determine the capa...
TYSONS CORNER, VA, Nov. 2, 2016 ” Turkey’s defense procurement panel is set to acquire a second batch of Lockheed Martin-built (NYSE: LMT) F-35 Lightning II fighter aircraft through the multinational Joint Strike Fighter program, ExecutiveBiz reported Tuesday. Defense News reported Monday the country aims to build a new-generation aircraf...
TYSONS CORNER, VA, Nov. 2, 2016 ” Parsons has opened a new technology office in San Antonio, Texas, that will work to address the cybersecurity needs of local government and commercial clients, ExecutiveBiz reported Tuesday. The company said Monday the 14, 000-square-foot office includes new facilities designed to accommodat...
GovCon Index-listed contractor Booz Allen Hamilton (NYSE: BAH) lifted full fiscal year earnings and revenue guidance Wednesday as the government consulting and engineering services contractor also raised employee headcount during the second fiscal quarter ended Sept. 30. McLean, Virginia-based Booz Allen now expects $1.68-$1.75 earnings pe...
GovCon Index-listed contractor ICF (Nasdaq: ICFI) lifted full-year earnings guidance to a range above the consensus Wall Street forecast Tuesday and slightly increased revenue projections to a range in-line with analysts’ expectations. Fairfax, Virginia-based ICF said in its third quarter financial statement it expects...
The Defense Logistics Agency has awarded Fujifilm SonoSite a potential 10-year, $799.6 million contract for ultrasound machines, accessories and training support services. DLA received 27 offers for the firm-fixed-price, indefinite-delivery/indefinite-quantity contract through a competitive procurement, the Defense Department said Tuesday...
Bechtel‘s plant machinery organization will continue work on naval nuclear propulsion components for the U.S. Navy under a $532.4 million modification to a previously awarded contract. The Navy will obligate $520.5 million in fiscal 2017 shipbuilding and conversion funds at the time of award of the modification, the Defense...
