ManTech International (Nasdaq: MANT) reported second quarter earnings Wednesday that topped the consensus analyst estimate in part on task order awards for cybersecurity support services to federal agencies. GovCon Index-listed ManTech said second quarter earnings came in at 39 cents per share versus Wall Street’s forecast of 35 ce...
The U.S. Air Force could finish a declassified copy of the Government Accountability Office‘s decision to uphold the military branch’s selection of Northrop Grumman (NYSE: NOC) over a Boeing (NYSE: BA)-Lockheed Martin (NYSE: LMT) team for the Long Range Strike Bomber program around late September, Bloomberg ...
Jimmy Viescas, a 14-year government contracting industry veteran and former director of finance at Octo Consulting Group, has been named chief financial officer of Alexandria, Virginia-based security services provider SGI Global. SGI Global said Wednesday he will be responsible for the company’s accounting, financial r...
BAE Systems has received $245 million contract from the U.K.’s ministry of defense for the acquisition of a gun system to be integrated on the country’s global combat ship fleet. BAE said Thursday it will provide three Maritime Indirect Fires System integrated gunnery systems that includes a 62-caliber Mk 45...
Executive Mosaic’s GovCon Index advanced against choppy activity in the larger U.S. stock market Wednesday as five GCI stocks released quarterly financial results before the opening bell. The GovCon Index gained 0.223 points to 82.374 and four of the GCI’s 11 S&P 500-listed stocks moved higher as th...
TYSONS CORNER, VA, July 27, 2016 ” The U.S. Navy has cancelled a stop-work order issued to PAE to allow the company to provide maintenance and logistics support services for 44 of the military branch’s F-5 aircraft, ExecutiveBiz reported Tuesday. PAE said Tuesday it started contract transition on May 25 and will provide&nbs...
TYSONS CORNER, VA, July 27, 2016 ” The General Services Administration has awarded Unisys (NYSE: UIS) a potential two-year, $12.6 million contract to continue applications and systems development and implementation for GSA’s Public Buildings Service, ExecutiveBiz reported Tuesday. The company said Monday it will help PBS dr...
TYSONS CORNER, VA, July 27, 2016 ” Orbital ATK (NYSE: OA) will collaborate with space propulsion systems maker ECAPS to develop and market a green liquid propulsion system for both the government and commercial sectors, ExecutiveBiz reported Tuesday. The green propulsion system will work to limit environmental risks and lifecycle...
TYSONS CORNER, VA, July 27, 2016 ” AT&T (NYSE: T) Chairman and CEO Randall Stephenson has accepted Federal Communications Commission Chairman Tom Wheeler’s request for Stephenson to lead a group that will work to drive private-sector efforts against automated calls, ExecutiveBiz reported Tuesday. The company said in a blog e...
Five government contractors listed in Executive Mosaic’s GovCon Index reported their latest quarterly financial results before U.S. markets opened Wednesday and all earnings per share figures fell above the consensus Wall Street forecast. Boeing (NYSE: BA) swung to a net loss for its second quarter and lowered its earnings forecast on a $...
