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CACI International (NYSE: CACI) issued earnings and revenue guidance below analyst expectations Wednesday for the government services contractor’s next fiscal year that starts July 1 on higher indirect costs and selling expenses in conjunction with a forecasted seasonal sales decline in the summer. An additional seven month...
The Department of Homeland Security has begun to solicit industry information on biometric systems designed to screen foreign visitors exiting the U.S. under a potential $7.2 billion program, Nextgov reported Wednesday. Aliya Sternstein writes DHS said in a notice that it plans to field biometric exit systems at airports in 2018 and expand the ...
A $1.7 billion contract between the U.S. Army and Harris Corp. (NYSE: HRS) for the supply of company-built tactical radios to Afghanistan took effect Wednesday. The Defense Department said Wednesday it “inadvertently” announced the service branch’s award of the foreign military sales contract to Harris on June 16. The con...
Curtiss-Wright (NYSE: CW) has secured approximately $80 million in contracts to provide various valves for the U.S. Navy‘s Virginia-class submarines and Ford-class aircraft carriers. The company said Wednesday it received the contracts from business units of Bechtel and General Dynamics (NYSE: GD) as part of a ship con...
The Labor Department plans to award a $74.2 million task order to Booz Allen Hamilton (NYSE: BAH) through the General Services Administration™s IT schedule to support DoL’s transition efforts to a shared service provider for financial management services, Federal News Radio reported Tuesday. Jason Miller writes th...
The GovCon Index hit choppy trade in the afternoon after a strong open Wednesday and recorded a nominal gain of 0.004 points to 79.194 to mark its second straight day with a close in narrow negative range in the final full trading session for U.S. investors before Thursday’s Brexit vote. British citizens...
TYSONS CORNER, VA, June 22, 2016 ” LMI‘s business development vice president for its defense segment has received an appointment to the board of trustees of the National Defense Industrial Association, GovCon Executive reported Tuesday. LMI said Monday Mary Margaret Evans will bring expertise in defense programs and acquisi...
TYSONS CORNER, VA, June 22, 2016 ” Amazon Web Services (Nasdaq: AMZN) has launched a private cloud computing platform and marketplace specifically to support the Intelligence Community’s software procurement and deployment requirements, ExecutiveBiz reported Tuesday. AWS Chief Evangelist Jeff Barr wrote in a blog post published Monda...
Maritime engineering and design company Gibbs & Cox has appointed Chris Deegan, former vice president of the company’s engineering group, to the roles of president and CEO. The Arlington, Virginia-based contractor said Tuesday Deegan will succeed Rick Biben, who will continue to serve on G&C’s board of di...
The U.S. Air Force has awarded Northrop Grumman (NYSE: NOC) a potential one-year, $203.5 million contract modification to continue to provide sustainment and logistics support for the service branch’s Global Hawk unmanned aerial systems. The company will supply additional materials and provide maintenance, planning and operations services ...
