Executive Mosaic’s GovCon Index reversed an initial weak open to register a gain Friday that was not enough to push the GCI to positive for the week as second quarter earnings reports started for government contracting companies. The GovCon Index added 0.289 points to 81.788 Friday but ended at a nominal five-day ...
July 18 – July 22 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson As is the custom of recent times, Lockheed Martin started a new earnings season for GovCon companies Tuesday with a boost to its full-year guidance and second quarter financial results that ...
TYSONS CORNER, VA, July 22, 2016 ” The U.S. Navy has awarded Serco‘s North American subsidiary a 10-month, $18.9 million task order to install command, control, communications, computers, intelligence, surveillance and reconnaissance systems aboard the USS Harry Truman aircraft carrier, ExecutiveBiz reported Wednesday. The compa...
TYSONS CORNER, VA, July 22, 2016 ” Jack London, CACI International (NYSE: CACI) executive chairman and chairman of the board, has been awarded the Northern Virginia Chamber of Commerce™s Lifetime Distinguished Service Award in recognition of his support for providing veterans business opportunities, GovCon Executiv...
TYSONS CORNER, VA, July 22, 2016 ” Riverbed Technology has opened a new facility in India that will work to support its research and development work on application performance and cloud networking technology, ExecutiveBiz reported Thursday. The company said Wednesday Kartik Subbanna, its vice president of engineering in India, w...
TYSONS CORNER, VA, July 22, 2016 ” Boeing (NYSE: BA) has received a $27.1 million contract from the U.S. Air Force to provide simulation equipment and support services for the service branch’s mission training center, ExecutiveBiz reported Thursday. The Defense Department said Wednesday the contract covers simulators for trainin...
TYSONS CORNER, VA, July 22, 2016 ” L-3 Communications (NYSE: LLL) has unveiled a new intelligence, surveillance and reconnaissance aircraft at the Farnborough Air Show in the U.K. as it eyes further expansion in the international market, ExecutiveBiz reported Thursday. FlightGlobal reported Wednesday the Spydr II twin-turboprop a...
Honeywell International (NYSE: HON) and Textron (NYSE: TXT) both posted second quarter earnings above analyst expectations before markets opened Friday. The GovCon Index and S&P 500-listed companies were mixed on the revenue front as Honeywell’s increased 2.25 percent from the prior year period but fell short of analyst estimates, whi...
Sean Bond, BondNation Advisors founding partner, will join Solon, Ohio-based technology and services provider HDT Global as its new president and CEO. HDT said Thursday Bond brings more than 20 years of experience in domestic and international defense programs from his previous work with Pratt & Whitney, Bell Helicopter, BAE ...
Humana (NYSE: HUM) and Health Net (NYSE: HNT) have won separate contracts from the Defense Health Agency to deliver managed care support services to the Military Health System under the Tricare program. Each of the cost-plus-fixed-fee contracts awarded to Humana’s government business and Health Net’s federal services business contai...
