Pasadena, California-based engineering services contractor Tetra Tech (NASDAQ: TTEK) has purchased information technology services contractor Indus Corp. for an undisclosed sum in a push to expand footprints in markets such as data analytics and geospatial analysis. Vienna, Virginia-headquartered Indus has become a part of Tetra Tech’s wate...
The GovCon Index rebounded 1.541 percent to 73.980 Friday with all 30 stocks up in movement that mirrored U.S. stocks’ recovery on a sharp rise in crude oil prices and investor confidence in the European Central Bank’s latest stimulus initiative. Friday’s close puts the Index up at a nominal 0.053 points over five da...
TYSONS CORNER, VA, March 11, 2016 ” The Unisys-made (NYSE: UIS) facial and iris biometrics are being tested at the Otay Mesa border crossing in San Diego by the U.S. Customs and Border Protection agency until May 2016, ExecutiveBiz reported Thursday. The company said Thursday the assessment aims to determine the accuracy and efficiency of...
TYSONS CORNER, VA, March 11, 2016 ” Lockheed Martin and partner Michelin North America will manage the U.S. Navy™s naval aviation tires under a potential four-year, $131 million contract, ExecutiveBiz reported Thursday. The two companies worked together on the initial contract which resulted in the delivery of more than 440, 000 tires over...
Mar. 7 – Mar. 11 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson The start of March has given investors everywhere a respite of calm so far after a January and February period of across-the-board, worldwide market volatility that carried over from the end of last year....
Leidos (NYSE: LDOS) has been awarded a position on a potential $500 million contract to provide architect-engineering environmental services for the U.S. Air Force. The company is one of the latest awardees that will compete for environmental compliance and restoration, military family housing, base realignment and closures, and maint...
Maureen Kaplan, former managing director and chief operating officer of Verizon Enterprise Solutions‘ (NYSE: VZ) global security services group, has been named executive vice president of business development at Veris Group. Kaplan will be responsible for the Vienna, Virginia-based cybersecurity firm’s business d...
Kratos Defense & Security Solutions (Nasdaq: KTOS) has appointed Steve Fendley as senior vice president and general manager/chief technology officer for the Composite Engineering Inc. business unit of the company’s unmanned systems division. Kratos said Thursday Fendley will oversee CEi business and manage the expansion of the unit...
The GovCon Index tumbled from a positive open and failed to climb back into a gain Thursday with a decline of 0.185 points to 72.857 as markets reacted to the European Central Bank’s series of interest rate and stimulus announcements earlier in the day and lower oil prices. U.S. stocks entered volatility mid-morning with the S&a...
TYSONS CORNER, VA, March 10, 2016 ” A Boeing (NYSE: BA) and Lockheed Martin (NYSE: LMT) joint venture will help fund the development of Aerojet Rocketdyne™s AR-1 and Blue Origin™s BE-4 rocket engines, ExecutiveBiz reported Wednesday. National Defense magazine reported Tuesday that United Launch Alliance will invest in the on...
