The GovCon Index slumped back into a correction — at least 10 percent down from its most recent high — Tuesday with a decline of 2.124 percent to 70.226 spurred by Harris Corp.‘s (NYSE: HRS) move to cut projected revenue for the company’s 2016 fiscal year. Shares of Harris plummeted 9.78 percent after the ...
TYSONS CORNER, VA, February 2, 2016 ” Boeing (NYSE: BA) has asked ViaSat (Nasdaq: VSAT) to provide 90 Link 16 small tactical terminals for its AH-64E Apache lots 5 and 6 production line, ExecutiveBiz reported Monday. ViaSat said Thursday the terminals will work to support network interoperability and combat communi...
TYSONS CORNER, VA, February 2, 2016 ” BMC Software and its partner 1105 Public Sector Media Group has held this year’s BMC Exchange event with a theme centered on digital enterprise management for government agencies, GovCon Executive reported Monday. The companies said Thursday the event, held Tuesday in Washington, will f...
Rahul Ghai, currently vice president of finance integration at Harris Corp. (NYSE: HRS), has been appointed to succeed the departing Mick Lopez as senior vice president and chief financial officer in a move that takes effect Feb. 11. Ghai will bring more than 20 years of financial leadership experience to his new roles and repor...
Mori Associates has received a potential five-year, $300 million contract from NASA to provide information technology, multimedia and communication services to the Johnson Space Center in Texas. NASA said Tuesday work on the cost-plus-award-fee contract will begin April 1 and covers support to JSC’s information resourc...
The GovCon Index recovered from a plunge of more than 1 percent its first hour of trade Monday to end with a loss of 0.311 points to 71.629 in activity that mirrored reversals in U.S. stocks from negative to positive. Gains in technology shares such as Facebook and Google‘s parent Alphabet helped drive the recovery...
TYSONS CORNER, VA, February 1, 2016 ” Lockheed Martin (NYSE: LMT), with the help of ASRC Federal™s mission solutions business, will test the Long Range Discrimination Radar system for the Missile Defense Agency, ExecutiveBiz reported Friday. ASRC Federal said Tuesday it will provide software engineering, maintenance and...
TYSONS CORNER, VA, February 1, 2016 ” Lockheed Martin (NYSE: LMT) has partnered with NATS to explore and integrate air traffic management systems for the U.K. aviation market in support of the Single European Sky ATM Research initiative, ExecutiveBiz reported Friday. Lockheed said Thursday it will help NATS’ technology...
TYSONS CORNER, VA, February 1, 2016 ” Grant Thornton has appointed Vishal Chawla, a former principal at Deloitte‘s risk advisory practice, as managing principal of its cyber risk advisory services unit, GovCon Executive reported Friday. Grant Thornton said Thursday Chawla will be based in Virginia and has previously worked at Oracle&...
TYSONS CORNER, VA, February 1, 2016 ” Raytheon (NYSE: RTN) has worked with the Missile Defense Agency to perform an in-flight test on the Exoatmospheric Kill Vehicle, ExecutiveBiz reported Friday. The company said Thursday the activity works to gather data to validate the EKV’s redesigned thrusters as part of MDA’s test on...
