The GovCon Index had all of its Wednesday gains wiped out in Thursday trade with a sharp decline of 1.482 percent to 76.842 after a third-quarter revenue miss and guidance cut from government services contractor CACI International (NYSE: CACI). Arlington, Virginia-based CACI brought down the high ends of both its full-year earnings and revenue ...
TYSONS CORNER, VA, April 28, 2016 ” Mitre has partnered with the Australian Strategic Policy Institute to provide subject matter expertise on defense, national security and cybersecurity issues to the U.S. and Australian governments, ExecutiveBiz reported Wednesday. The alliance will cover support for strategic assessment, s...
TYSONS CORNER, VA, April 28, 2016 ” Huntington Ingalls Industries (NYSE: HII) has conducted a 30-day test of the endurance of an unmanned undersea vehicle its Undersea Solutions Group subsidiary built in partnership with Battelle, ExecutiveBiz reported Wednesday. HII said Tuesday the team checked the Proteus UUV’s autonomous beh...
TYSONS CORNER, VA, April 28, 2016 ” The Defense Advanced Research Projects Agency has picked Leidos (NYSE: LDOS), Raytheon (NYSE: RTN), Honeywell (NYSE: HON), SRI International, QinetiQ, Pratt & Miller, Carnegie Mellon University and Southwest Research Institute for its Ground X-Vehicle Technology program, ExecutiveBiz reported We...
TYSONS CORNER, VA, April 28, 2016 ” Mac Curtis, president and CEO of Vencore, has said the company’s position on the $25 million Agile Delivery Services blanket purchase agreement works to support its efforts to deliver software development services based on agile practices, GovCon Executive reported Tuesday. The company said Tu...
TYSONS CORNER, VA, April 28, 2016 ” Rick Ambrose, executive vice president of the space systems business at Lockheed Martin (NYSE: LMT), believes the integration of defense and commercial systems works to support the future space requirements of government, ExecutiveBiz reported Tuesday. Ambrose told Space News in an interview p...
Arlington, Virginia-based government services contractor CACI International (NYSE: CACI) narrowed revenue forecasts for its 2016 fiscal year on delays to contract awards as some bookings arrived late in its third fiscal quarter that ended in March, CEO Ken Asbury told investors Thursday. As GovCon Wire reported Wednesday, CACI cut the high end of it...
Raytheon (NYSE: RTN) — listed both in Executive Mosaic’s GovCon Index and the S&P 500 – has reported higher sales for its first quarter on global demand for its weapons and lifted its full-year earnings guidance despite a year-over-year profit decline. The Waltham, Mass.-based missile maker said first q...
Forcepoint, a cybersecurity product joint venture of Raytheon (NYSE: RTN) and Vista Equity Partners, has appointed Matthew Moynahan as CEO effective May 9. Forcepoint said Wednesday Moynahan will bring 20 years of experience in information technology, cloud services and security intelligence, as well as a background in sales and managem...
Universities Space Research Association has secured a two-year, $193 million contract from NASA to provide academic and university-based program and project support for Ames Research Center’s science and engineering teams. The nonprofit research company will aid the center’s efforts to meet mission requirements for research and...
