The GovCon Index was dragged Monday by the across-the-board selloff in U.S. stocks and closed at a steep decline of 1.288 percent to 78.912. McLean, Virginia-based Science Applications International Corp. (NYSE: SAIC) was the GCI’s lone gainer at 2.16 percent after the contractor reported first-quarter earnings and revenue above anal...
TYSONS CORNER, VA, June 13, 2016 ” Wayne Lewandowski, vice president of federal operations at Vormetric, urges the federal government to focus on encryption and other access control measures as part of a “detailed discovery” approach to cybersecurity, Executive Gov reported Thursday. “This approach, which is best done wit...
TYSONS CORNER, VA, June 13, 2016 ” Dave Wajsgras, president of Raytheon‘s (NYSE: RTN) intelligence, information and services business, believes early exposure to the potential of cybersecurity and technology careers will help build on the future cyber workforce, ExecutiveBiz reported Thursday. Wajsgras wrote in a guest piece published Wed...
TYSONS CORNER, VA, June 13, 2016 ” CenturyLink (NYSE: CTL) will offer GENBAND‘s Experius application server to government customers via its position in the General Services Administration‘s Networx contract vehicle, ExecutiveBiz reported Thursday. Experius works to support multimedia communications and integrate voice...
TYSONS CORNER, VA, June 13, 2016 ” Iridium Communications (Nasdaq: IRDM) will launch the Certus satellite communications service to the government and commercial markets in the second quarter of 2017, ExecutiveBiz reported Tuesday. The Iridium NEXT-powered offering will work to provide broadband services with connection speeds of up t...
Qatar Public Works Authority has awarded KBR (NYSE: KBR) a $185 million extension for its existing contract to deliver full program management support for Qatar’s QAR 50B Expressway Program for another three years. KBR provides management support on the project, as well as oversees supervision, design and construction consultant...
Symantec (Nasdaq: SYMC) has agreed to purchase Sunnyvale, California-based security and network technology provider Blue Coat Inc. for approximately $4.65 billion cash in an effort to help protect government and enterprise customers from cybersecurity threats. Greg Clark, CEO of Blue Coat, will take the helm at Symantec as CEO as well as j...
Sevatec has appointed Michael Dallara, formerly an Engility (NYSE: EGL) senior vice president, as the technology services company’s chief operating officer. Dallara will manage business operations as COO and help in the growth and expansion efforts of the company, Sevatec said Wednesday. œMike brings an extraordinary ...
The GovCon Index closed Friday with a decline of 0.551 points to 79.942 but ended with its fourth consecutive weekly gain with a 1.20-percent increase. Upgrades to prime defense contractor stocks including L-3 Communications (NYSE: LLL) and strong performances from Boeing (NYSE: BA), General Dynamics (NYSE: GD) and Nort...
The GovCon Index stumbled from the open Friday and closed down 0.551 points to 79.942 as investors continued to pull back from the GCI’s six-day prior rally and U.S. stock benchmark S&P 500’s three-day stretch of gains that ended Thursday. Despite Friday’s decline, the GCI ends the week up 1.20 percent to record its f...
