The GovCon Index closed Friday with a loss of 1.052 percent to 77.038 and posted a weekly decline of 0.155 percent or 0.12 points. U.S. investors remain wary as earnings reports from consumer companies were below expectations, although retail sales exceeded the consensus economist expectation with an increase of 1.3 percent ...
The GovCon Index held lower throughout Friday trade in a reflection of dim sentiment in U.S. markets and closed down 1.052 percent to 77.038 with many of the GCI’s largest prime contractors as the biggest decliners after a nearly four-day stretch as the drivers of gains. Friday’s close puts the Index at a loss of 0.155&nbs...
May 9 – May 13 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson The Pentagon™s top product and services buyer made it official this week that the would no longer advocate for greater authority to regulate GovCon merger-and-acquisition activities that invo...
TYSONS CORNER, VA, May 13, 2016 ” Denmark plans to place an order worth approximately $3 billion for the Lockheed Martin-built (NYSE: LMT) F-35 fighter jet as replacement for the country’s F-16 fleet, ExecutiveBiz reported Thursday. Defense News reported Thursday the potential foreign military sale covers 27 F-35s to support nat...
TYSONS CORNER, VA, May 13, 2016 ” Grant Thornton has leased a new office space within the Hartford business district in Connecticut in support of efforts to increase the company’s presence in the state over the next two years, ExecutiveBiz reported Thursday. The company said Wednesday the 7, 928-square-foot f...
TYSONS CORNER, VA, May 13, 2016 ” CACI International (NYSE: CACI) will provide logistics and operations support for the counter-narcotics and counter-threat programs of U.S. Central Command under a contract the U.S. Air Force awarded in April, GovCon Executive reported Tuesday. The company said Tuesday its spot under the potential $975 mil...
TYSONS CORNER, VA, May 13, 2016 ” Tony Frazier, senior vice president of government solutions at DigitalGlobe (NYSE: DGI), joined other employees and their children during the company’s “Take Our Daughters and Sons to Work Day” on April 28, GovCon Executive reported Tuesday. DigitalGlobe said Monday Frazier, who is also a...
General Dynamics (NYSE: GD) has been awarded a potential five-year, $184 million contract from the General Services Administration to perform information technology services for the U.S. Army Europe™s mission command networks and systems. The company said Thursday its General Dynamics One Source organization will work to manage I...
The U.S. Army has awarded Vectrus (NYSE: VEC) a potential two-year, $173.8 million contract modification to support the U.S. Central Command’s enterprise network infrastructure. Vectrus’ systems business will perform work at various CENTCOM locations in Afghanistan, Bahrain, Iraq, Jordan, Kuwait, Qatar and t...
Angeline Chen — formerly vice president, general counsel and chief compliance officer of Marinette Marine Corp. — has taken up the same roles at Siemens™ U.S. federal government subsidiary. Chen will oversee all legal, contracting and compliance activities of Siemens Government Technologies and also act as SGT™s ...
