The GovCon Index fell for a third consecutive session Friday by 0.435 points to 78.356 in a close that snaps the GCI’s four-week gain streak as market activity was shaped by continued reaction to the latest Federal Reserve interest rate outlook and uncertainty over the Brexit referendum. The GCI recorded a weekly decline of...
June 13 – June 17 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson  We shift our focus this week back to GovCon’s merger-and-acquisition environment with one new deal to digest and a second that has brought the purchaser a new landmark contract award. Fairfax...
TYSONS CORNER, VA, June 17, 2016 ” Research and Markets predicts that the unified communications-as-a-service market will post a compound annual growth rate of 11.2 percent through 2022 due to increased investments, ExecutiveBiz reported Thursday. The market research firm said May 26 the rise of business process outsourcing ...
TYSONS CORNER, VA, June 17, 2016 ” Leidos (NYSE: LDOS) has received an award from Helios HR for the company’s use of innovative technology to support human resources training, GovCon Executive reported Thursday. The company said June 9 it landed the Helios Apollo Award in the innovative technology category for its ...
TYSONS CORNER, VA, June 17, 2016 ” CAE (NYSE: CAE) has received $111 million in contracts to establish a naval training center for the United Arab Emirates’ navy and and provide helicopter simulators to the country’s joint aviation command, ExecutiveBiz reported Thursday. The company said Wednesday the contract for the tra...
TYSONS CORNER, VA, June 17, 2016 ” Iridium Communications (Nasdaq: IRDM) has scheduled the launch of the first batch of Iridium NEXT satellites on September 12 following completion of assembly, integration and testing activities, ExecutiveBiz reported Wednesday. The company said Tuesday contractors Orbital ATK (NYSE: OA) and Thales Alenia Space...
TYSONS CORNER, VA, June 17, 2016 ” DigitalGlobe (NYSE: DGI) has partnered with exactEarth to offer an integrated big data and predictive analytics technology to support the government’s efforts against illegal, unreported and unregulated fishing, ExecutiveBiz reported Wednesday. The companies will combine DigitalGlobe’s co...
Harris Corp. (NYSE: HRS) has been awarded a potential five-year, $1.7 billion contract by the U.S. Army to produce military radio systems, ancillaries and spare parts for Afghanistan under a foreign military sales agreement. The Defense Department said Thursday that work location will depend on individual orders and the company i...
William Crosbie, former Amtrak chief operating officer, has been named Parsons‘ senior vice president and business development director for its transport division, which provides engineering and management support for aviation, rail transits and ports and harbors. Crosbie will manage the development and implementation of the division’s&n...
The GovCon Index staged a recovery in afternoon trade after a limp open Thursday but closed at a loss of 0.059 points to 78.791 as Britain’s referendum on whether to exit the European Union continued to dominate global financial market activity. All campaign activities surrounding the “Brexit” vote set for Thursday were suspen...
