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Constellation (NYSE: CEG) has been awarded a 23-year, $170 million contract by the Naval Facilities Engineering Command to install energy conservation and distributed generation systems intended to help the U.S. Marine Corps meet energy-efficiency goals. The Exelon Corp. subsidiary will build an 8.5-megawatt biomass-fueled genera...
Executive Mosaic’s GovCon Index posted its biggest percentage decline in four weeks Thursday after Raytheon (NYSE: RTN) and L-3 Communications (NYSE: RTN) posted guidance ranges below Wall Street analysts’ expectations with other large defense primes also the GCI’s largest drags. GovCon Index decliners outnumbered advancers at...
TYSONS CORNER, VA, Oct. 27, 2016 ” A study conducted by Deloitte has found that the total cost overrun of major defense acquisition programs reached $468 billion in 2015 with a 48.3-percent growth from 2008’s $295 billion, ExecutiveBiz reported Tuesday. Deloitte said Monday the report found that there is a trend of cost growth and...
TYSONS CORNER, VA, Oct. 27, 2016 ” Riverbed Technology‘s application performance management tools will be available via Microsoft‘s (Nasdaq: MSFT) public sector cloud marketplace as part of a partnership between the two companies, ExecutiveBiz reported Tuesday. Microsoft’s Azure Government Cloud Marketplace will offer gov...
TYSONS CORNER, VA, Oct. 27, 2016 ” Microsoft (Nasdaq: MSFT) offers a new tool that will work to help users of the Azure Government cloud service to achieve Authority to Operate at the Defense Department under the Federal Risk and Authorization Management Program, ExecutiveBiz reported Wednesday. The company said in a blog post published Mo...
TYSONS CORNER, VA, Oct. 27, 2016 ” Deloitte has unveiled its new Center for Government Insights that will work to pursue research and collaboration on ways to drive government innovation and address challenges, ExecutiveBiz reported Wednesday. The company said Tuesday the center will facilitate forums, workshops, p...
TYSONS CORNER, VA, Oct. 27, 2016 ” Carahsoft Technology has included Okta‘s technologies to its Schedule contract with the General Services Administration and Solutions for Enterprise Wide Procurement V contract with NASA, ExecutiveBiz reported Wednesday. Okta’s identity and mobility management technology are now...
GovCon Index– and S&P 500-listed defense contractors Raytheon (NYSE: RTN) and L-3 Communications (NYSE: LLL) lifted full-year earnings per share and revenue guidance before markets opened Thursday with third quarter EPS above Wall Street’s expectations for both companies. Raytheon showed a year-over-year revenue increase for the thir...
The Food and Drug Administration has awarded Engility (NYSE: EGL) a potential five-year, $112 million indefinite-delivery/indefinite-quantity contract to provide computational science and bioinformatics services for the FDA’s gene-based drug discovery and development programs. Engility said Thursday it will help the FDA operate, secure an...
An OSI Systems subsidiary has received a pair of contracts worth up to $140 million combined from the Customs and Border Protection agency for the supply of cargo and vehicle screening systems. OSI said Monday one potential two year, $64 million contract for American Science and Engineering cove...
