The GovCon Index continued to mirror deep losses in U.S. and global financial markets Thursday with a decline of 2.293 percent to 74.525 as investor fears over China’s economy and falling oil prices grew. Science Applications International Corp. (NYSE: SAIC) and Booz Allen Hamilton (NYSE: BAH) were the Index’s only two gainers Thursday a...
TYSONS CORNER, VA, January 7, 2016 ” A Fluor (NYSE: FLR) joint venture will design and build the Loop 202 South Mountain Freeway around the Phoenix metropolitan area in Arizona under a contract awarded by the state’s transportation department, ExecutiveBiz reported Wednesday. Fluor said Tuesday the Connect 202 Partners JV w...
TYSONS CORNER, VA, January 7, 2016 ” Battelle and its partners Schlumberger, Solexperts and the University of North Dakota’s Energy and Environmental Research Center have been chosen by the Energy Department to drill a borehole in North Dakota to test its feasibility for disposal of high-level radioactive waste and development o...
TYSONS CORNER, VA, January 7, 2016 ” AT&T (NYSE: T), Cisco (Nasdaq: CSCO), Deloitte, IBM (NYSE: IBM), Intel (Nasdaq: INTC), General Electric, Ericsson and Qualcomm Technologies have tied up in support of AT&T’s strategy to help local governments create more connected communities, ExecutiveBiz reported We...
TYSONS CORNER, VA, January 7, 2016 ” Blackboard has hired Bill Ballhaus, formerly president and CEO of SRA International, to chair its board of directors and serve as president and CEO, GovCon Executive reported Tuesday. Ballhaus brings senior leadership experience from his previous work at SRA, DynCorp International, BAE Systems, Boeing (...
TYSONS CORNER, VA, January 7, 2016 ” Parsons has appointed a new group executive vice president to oversee its federal business unit’s global sales operations and strategy, GovCon Executive reported Wednesday. “[Gina Trombley] is an accomplished executive and has a proven track record of developing new businesses and markets, &...
John Urias will retire on Feb. 6 as executive vice president of Oshkosh Corp. (NYSE: OSK) and president of the firm™s defense segment. President and CEO Wilson Jones will head the defense segment until the company finds a replacement for Urias, who cited family health matters as reason for his retirement, Oshkosh said Wednesday. œ...
Lockheed Martin (NYSE: LMT) has been awarded a potential five-year, $424 million contract to sustain an integrated targeting and pilotage technology on the U.S. Army‘s fleet of AH-64D/E Apache attack helicopters. The Army has obligated $31.8 million at the time of award and the one-year base period of performance for the Modernized Target Acqu...
Nick Noviello, formerly chief financial officer at NetApp (Nasdaq: NTAP), has joined Blue Coat Systems as CFO. Noviello succeeds Gregg Hampton, who transitions to the role of senior vice president of business operations at Blue Coat, and will directly report to CEO Greg Clark, Blue Coat Systems said Wednesday. “Nick’s financial lead...
Michael Lewis, a public sector veteran with more than 30 years of experience, has been appointed vice president and general manager of the government services unit at Iron Mountain (NYSE: IRM). He will oversee the organization that works with federal agencies to help them store, access, secure and manage physical and electronic records, Ir...
