The GovCon Index descended into narrow range in a choppy afternoon trading session Thursday and closed at a nominal decline of 0.093 points to 75.306 as U.S. investors paused to gauge markets’ rally over Tuesday and Wednesday. Financial shares posted a fifth-straight positive day on earnings from banks that exceeded Wall Street&...
TYSONS CORNER, VA, April 14, 2016 ” Sean Berg, vice president of Polycom™s (Nasdaq: PLCM) public sector business, has said government agencies continue to evolve into the œworkplace of the future as they adopt video collaboration platforms, ExecutiveBiz reported Friday. Berg said in an interview with Public Sector ...
TYSONS CORNER, VA, April 14, 2016 ” CenturyLink (NYSE: CTL) will bid on task orders under the potential $4.3 billion Global Network Services contract awarded in December to provide wireless network transport services, GovCon Executive reported Friday. The company said Thursday it eyes task orders on virtual private networks, Wi-F...
TYSONS CORNER, VA, April 14, 2016 ” Sotera Defense Solutions will provide technical, engineering and management services to the Army Communications-Electronics Command‘s Software Engineering Center under a $16 million task order, ExecutiveBiz reported Wednesday. The company said Tuesday the award includes logistic...
TYSONS CORNER, VA, April 14, 2016 ” Boeing (NYSE: BA) and Lockheed Martin (NYSE: LMT) have joined Northrop Grumman (NYSE: NOC) as bidders on the U.S. Air Force‘s procurement program for future GPS III satellites, ExecutiveBiz reported Wednesday. Aviation Week reported Tuesday Lockheed submitted a proposal that includes a Harris-built...
TYSONS CORNER, VA, April 14, 2016 ” Peter Romness, U.S. public sector cybersecurity solutions lead at Cisco (Nasdaq: CSCO), has called for more comprehensive authentication measures to support common access cards in order to counter advanced cyber threats, ExecutiveBiz reported Tuesday. C4ISR & Networks reported Monday that Romness sug...
Data Device Corp. has agreed to acquire a Maxwell Technologies (NASDAQ: MXWL) subsidiary that manufactures microelectronic components for satellites and space vehicles. Vincent Buffa, DDC president and CEO, said in a statement published Tuesday acquiring Maxwell’s microelectronics business is part of DDC’s push to expand into...
Raytheon (NYSE: RTN) has received a potential $1.01 billion contract to help the U.S. Navy design, build, integrate and demonstrate new jammer model pods. The company will also produce Next Generation Jammer aero-mechanical test pods for use in aircraft flight verification, develop equipment for system integration laboratories and provide m...
The U.S. Army has awarded a potential $675 million contract modification to eight companies to continue to provide information technology systems in support of the service branch™s enterprise software. The Army Contracting Command will obligate funds and work location upon award of each task order and expects contract work to finish Oct. 23, 20...
Redwood City, California-based financial intelligence analysis firm OpenGov has bought New York-based open data management company Ontodia for an undisclosed sum in a push to expand offerings for the public sector. Zachary Bookman, OpenGov co-founder and CEO, said Wednesday the companies aim to help transform “how governments an...
