A group of investors led by Carlyle Group (Nasdaq: CG) has closed its nearly $5.3 billion acquisition of Veritas from Symantec Corp. (Nasdaq: SYMC). Symantec™s board of directors expects to return $4 billion in accelerated share repurchases and additional capital return to shareholders by the end of March 2017, Symantec said Friday. Michael Bro...
The GovCon Index closed Friday with a 2.643-percent gain to 71.807 to surge out of correction territory. The gain comes amid a recovery in technology stocks and investor optimism on a slowdown of future interest rate increases by the Federal Reserve. Top GovCon Index Gainers Symbol Company $ Current Price Net Change % Change NAV...
The GovCon Index surged out of correction territory Friday with a gain of 2.643 percent to 71.807 which mirrored investor optimism that the Federal Reserve may slow down future interest rate hikes and a bounce-back from technology stocks. The Index ends the week at a 2.81-percent loss and the first month of 2016 with a...
As covered here yesterday, GovCon Wire’s parent company Executive Mosaic announced its inductions for the 2016 edition of the Wash 100 — EM’s annual selection of the government contracting arena’s most influential voices. These 100 individuals were chosen by EM’s editorial and organizational leadership as the executives...
TYSONS CORNER, VA, January 29, 2016 ” DigitalGlobe™s (NYSE: DGI) WorldView-4 satellite is scheduled to start commercial operations early next year to provide high-resolution Earth imagery products and services, ExecutiveBiz reported Thursday. The company said Wednesday it has received $335 million in commitments fr...
TYSONS CORNER, VA, January 29, 2016 ” CenturyLink (NYSE: CTL) will provide network and data transmission support for the Defense Information Systems Agency‘s Defense Information Systems Network under four task orders worth $10 million, ExecutiveBiz reported Thursday. The company said Wednesday the networks in Colorado, Virginia,...
TYSONS CORNER, VA, January 29, 2016 ” AECOM (NYSE: ACM) has received recognition from the Climate Change Business Journal and the Environmental Business Journal for its environmental remediation and climate adaptation efforts, GovCon Executive reported Thursday. The company said Wednesday the awards are for its work on domestic and interna...
TYSONS CORNER, VA, January 29, 2016 ” The Boeing-built (NYSE: BA) Intelsat 29e communications satellite launched into space Wednesday to serve government and enterprise users in Latin America, North America and the north Atlantic region, ExecutiveBiz reported Thursday. Intelsat (NYSE: I) said Wednesday the satellite is the first ...
TYSONS CORNER, VA, January 29, 2016 ” Grant Thornton has received accreditation as a third-party assessment organization for the General Services Administration‘s Federal Risk and Authorization Management Program, ExecutiveBiz reported Thursday. The company said Wednesday the American Association for Laboratory Accreditatio...
A subsidiary of Harris Corp. (NYSE: HRS) will supply two Cross-track Infrared Sounder instruments for two upcoming Joint Polar Satellite System follow-on missions under a $316 million contract modification from NASA. NASA said Thursday Exelis will manufacture and test the CrIS instruments for the National Oceanic and Atmospheric ...
