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The GovCon Index posted a nominal decline of 0.082 points to 72.487 Friday, which puts the GCI at a gain of 1.538 percent for the week as markets continue to try to shake off turbulence from commodity price declines and uncertain economic prospects. The Index has climbed 9.67 points percent since the start of February a...
TYSONS CORNER, VA, February 26, 2016 ” Lockheed Martin (NYSE: LMT) currently works on the redesign of the U.S. Navy‘s Submarine Warfare Federated Tactical Systems installed on several submarine classes, ExecutiveBiz reported Thursday. The company said Tuesday it will perform work at its anti-submarine warfare laboratory in Virgi...
TYSONS CORNER, VA, February 26, 2016 ” ICF International (Nasdaq: ICFI) Chairman and CEO Sudhakar Kesavan will headline the CONNECTpreneur Spring Forum at the Falls Church Marriott Fairview Park conference center on March 1, GovCon Executive reported Thursday. The report said the event will bring together business leaders an...
TYSONS CORNER, VA, February 26, 2016 ” CGI (NYSE: GIB) will begin to offer insider threat advisory services in support of efforts to boost cybersecurity in the government and commercial sectors, ExecutiveBiz reported Thursday. The company said Wednesday customers have identified cybersecurity as a major concern as they move to transit...
TYSONS CORNER, VA, February 26, 2016 ” Raytheon (NYSE: RTN) has partnered with the ISC2 Foundation to launch a scholarship and internship program for female college students in the field of information technology security, GovCon Executive reported Thursday. The company said Thursday the program will offer $90, 000 over three years to drive int...
TYSONS CORNER, VA, February 26, 2016 ” Iridium Communications (Nasdaq: IRDM) has moved back the launch of the first set of Iridium NEXT satellites to July using SpaceX‘s Falcon 9 rocket following delays in obtaining clearance from the Russian government, ExecutiveBiz reported Thursday. The report said Iridium CEO Matt Desch told...
The State Department has approved Iraq’s request to buy $350 million in sustainment services for the country’s fleet of Beechcraft-built King Air 350 turboprop aircraft from the U.S. government through a foreign military sales agreement. Iraq requested a five-year sustainment package for one KA-350 transport plane and five...
General Atomics has agreed to acquire aerospace and defense technical services business Miltec from electronics manufacturing company Ducommun for approximately $14.6 million cash. The transaction is subject to customary closing terms and is intended to increase General Atomics’ technical expertise in developing small satellites, hyp...
Miranda Ashby, formerly senior director of federal sales at Cornerstone OnDemand, has joined cloud-based talent management software provider Acendre as senior vice president of federal sales. Ashby will work to support the company’s business development team to address the talent management needs of federal agencies, Acendre sai...
The GovCon Index held strong from a choppy morning session Thursday and ended at a gain of 1.134 percent to 72.570, which brings the Index out of correction territory after a one-day re-entry at the previous session’s close. The Index was in correction, or 10 percent down from its most recent high, for 13 days until Fr...
