The GovCon Index closed Friday with its worst one-day percentage decline in 2016 at 2.805 percent to 77.327 on the heels of Britain’s vote to leave the European Union. The referendum vote impacted financial markets worldwide, with the Index capping the week at a 1.175-percent loss while the S&P 500 composite index dropp...
The GovCon Index was no exception to the effects of Britain’s vote to leave the European Union on global financial markets Friday as the GCI recorded its worst one-day percentage drop of 2016 by 2.805 percent to 77.327. Friday’s plunge brought the GCI from a weekly gain to a five-day loss of 1.175 percent and cuts the...
TYSONS CORNER, VA, June 24, 2016 ” Parsons will provide facility master planning and design support to U.S. Army Corps of Engineers in Europe under a new five-year contract, ExecutiveBiz reported Thursday. The company said Wednesday it will also help USACE assess current infrastructure and document program activities within U.S. ...
June 20 – June 24 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Thursday™s highly-anticipated and historic œBrexit vote in the U.K. led investors all over the world and so many other interested stakeholders to speculate over the implications of Brita...
TYSONS CORNER, VA, June 24, 2016 ” Amazon Web Services (Nasdaq: AMZN), CSRA (NYSE: CSRA) and Microsoft (Nasdaq: MSFT) have been designated cloud service providers under the Federal Risk and Authorization Management Program‘s high baseline security level, ExecutiveBiz reported Thursday. The companies met the high baseline requirements...
TYSONS CORNER, VA, June 24, 2016 ” Kay Kapoor, president of government solutions at AT&T (NYSE: T), has been named a winner of the Profiles in Diversity Journal’s “Women Worth Watching” awards for 2016 for her work as a female leader, GovCon Executive reported Wednesday. Profiles in Diversity Journal said Tuesda...
TYSONS CORNER, VA, June 24, 2016 ” Davis Johnson, vice president for the U.S. public sector at Riverbed Technology, has said the federal market is learning from industry best practices and catching up with the private sector’s adoption of service provider and cloud strategies, ExecutiveBiz reported Wednesday. He told ExecutiveB...
TYSONS CORNER, VA, June 24, 2016 ” Rebecca Cowen-Hirsch, senior vice president for government strategy and policy at Inmarsat, has said government and industry collaboration in the space systems business segment will facilitate increased resiliency of operations, ExecutiveBiz reported Tuesday. Cowen-Hirsch wrote in a blog post published Monday&...
Jeff Jacobson, president of Xerox’s (NYSE: XRX) technology business, will transition into the role of CEO after the company announced plans in January to divide into two publicly traded firms. Jacobson will lead the document management and outsourcing company that generated approximately $11 billion in 2015 revenue and will retain t...
Raytheon (NYSE: RTN) has acquired a $523 million foreign military sales contract from the U.S. Army to modernize six Patriot air and missile defense fire units for Kuwait. Services will be conducted in sites across Alabama, Massachusetts and California as well as in Norway, Italy, Greece, Canada and the U.K., the Defense Departme...
