The GovCon Index plunged 2.438 percent to 69.664 in its first close below the 70-point mark for the first time in almost four months to keep the 30-company listing in a correction, or at least 10 percent down from its most recent high. Boeing (NYSE: BA) — also a Dow Jones Industrial Average stock —...
TYSONS CORNER, VA, January 27, 2016 ” Igate will now operate as Capgemini as part of its integration into the latter’s global production network and financial services business, ExecutiveBiz reported Tuesday. “It is an acknowledgement that the brand transition phase is complete and that we are now going to market officially as ...
TYSONS CORNER, VA, January 27, 2016 ” The shipbuilding division of Huntington Ingalls Industries (NYSE: HII) has awarded $100, 000 in grants to schools in Alabama and Mississippi to fund 25 projects in science, technology, math and engineering, GovCon Executive reported Tuesday. The company said Monday its STEM program is in its eight...
TYSONS CORNER, VA, January 27, 2016 ” Ed Sheehan Jr., president and CEO of Concurrent Technologies Corp., has received recognition from the Pennsylvania Business Central for his contributions to the state’s business sector, GovCon Executive reported Tuesday. The publication said Friday Sheehan joins a list of other honorees chos...
TYSONS CORNER, VA, January 27, 2016 ” Northrop Grumman (NYSE: NOC) will supply five Global Hawk ground surveillance drones and associated components to NATO by the end of the year, ExecutiveBiz reported Tuesday. Defense News reported Monday that the company will deliver the aircraft to the Sigonella Air Base in Italy, where NATO has begun ...
TYSONS CORNER, VA, January 27, 2016 ” Parsons has received a contract from the U.S. Army to provide cybersecurity services as part of the Deployable Defensive Cyberspace Operations Infrastructure program, ExecutiveBiz reported Tuesday. The company said Monday it will perform contract work for the Office of the Assistant Secretary of t...
General Dynamics (NYSE: GD) — one of 30 companies listed in Executive Mosaic’s GovCon Index — has reported an increase of around 22 percent in both earnings per share and profit for its 2015 fiscal year compared to 2014 results. The Falls Church, Va.-based defense contractor stated $9.08 earnings per share for the full year...
Boeing (NYSE: BA) — one of 30 companies listed on Executive Mosaic’s GovCon Index — has issued its fiscal year 2016 outlook of earnings between $8.15 and $8.35 per share to fall below the consensus Wall Street expectation of $9.43. The Chicago-based airplane manufacturer also stated a 2016 revenue outlook of between $93 billion and...
Booz Allen Hamilton (NYSE: BAH) — one of 30 companies listed on Executive Mosaic’s GovCon Index — has reported earnings of 41 cents per share for the third quarter of its 2016 fiscal year to top the consensus analyst forecast by 1 cent. The McLean, Va.-based consulting services contractor narrowed its fiscal 2016 earnings guidance...
Orion International, a military talent acquisition services provider to corporate clients, has purchased recruitment company Novotus for an undisclosed amount. Orion CEO Mike Starich said in a statement released Tuesday he believes the transaction works to combine the companies’ capabilities. Cory Kruse will continue to lead Novotus as pr...
