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The GovCon Index followed the steep downturn in U.S. markets Monday with a decline of 1.027 percent to 70.035 spurred by new declines in oil prices and worries about the pace of future interest rate increases by the Federal Reserve. Monday also represented the first day of Colorado Springs-based government services contractor Vectrus‘ (NYSE: V...

TYSONS CORNER, VA,  February 8, 2016 ” The U.S. federal subsidiary of Hitachi Data Systems has made two new hires to help augment service support within its federal government business unit, GovCon Executive reported Friday. Linda Jensen — formerly customer experience and support department lead at EMC‘s federal ...

TYSONS CORNER, VA, February 8, 2016 ” Huntington Ingalls Industries (NYSE: HII) subsidiary SN3 will mentor Synergy Solutions on general and technical business points, ExecutiveBiz reported Friday. Huntington Ingalls said Thursday the collaboration is under the Small Business Administration™s mentor-protege program and aims t...

TYSONS CORNER, VA, February 8, 2016 ” QTS Realty Trust will conduct a networking reception for channel partners, technology providers and clients in Virginia on Feb. 11, ExecutiveBiz reported Friday. The company said Thursday it will exhibit its portfolio of managed information technology hosting, data center and cloud migration servi...

TYSONS CORNER, VA, February 8, 2016 ” CACI International (NYSE: CACI) President and CEO Ken Asbury has said the company will focus on organic growth following its $550 million acquisition of L-3 Communications‘ (NYSE: LLL) national security solutions unit, ExecutiveBiz reported Friday. Asbury said in an interview published Thursday o...

The GovCon Index closed Friday with a loss of 1.349 percent to 70.204 to go back to correction. The Index also posted a 2.15-percent weekly decline on continued U.S. market volatility and mixed earnings reports from some listed government services companies. Bloomberg reported that the U.S. dollar strengthened after a report from the ...