J.D. Kuhn, former senior vice president and controller at Salient CRGT, has been promoted to chief financial officer at the Fairfax, Va.-based software development and data analytics contractor. The company said Tuesday that Kuhn succeeds Ted Dunn, who will retire from the company after six years both there and the predecessor Sa...
TYSONS CORNER, VA, March 14, 2016 ” The Lockheed Martin (NYSE: LMT) and Boeing (NYSE: BA) joint venture United Launch Alliance has assigned $134 million toward the development of the Vulcan rocket in an effort to be independent from the Russian RD-180 engine, ExecutiveBiz reported Friday. Space News reported Thursday&nb...
The GovCon Index failed to turnaround declines incurred during morning trade Monday and ended at a loss of 0.237 points to 73.743 as U.S. stocks hovered in and out of positive territory throughout the afternoon session. Investors have turned their attention to the Federal Reserve‘s two-day meeting Wednesday and Thursday wit...
TYSONS CORNER, VA, March 14, 2016 ” BAE Systems will provide communications and electronics systems maintenance to the Naval Air Warfare Center™s aircraft division under a two year, $34 million contract, ExecutiveBiz reported Friday. The company said Thursday the contract includes management of logistics, support planning and integration, ...
Pasadena, California-based engineering services contractor Tetra Tech (NASDAQ: TTEK) has purchased information technology services contractor Indus Corp. for an undisclosed sum in a push to expand footprints in markets such as data analytics and geospatial analysis. Vienna, Virginia-headquartered Indus has become a part of Tetra Tech’s wate...
The GovCon Index rebounded 1.541 percent to 73.980 Friday with all 30 stocks up in movement that mirrored U.S. stocks’ recovery on a sharp rise in crude oil prices and investor confidence in the European Central Bank’s latest stimulus initiative. Friday’s close puts the Index up at a nominal 0.053 points over five da...
TYSONS CORNER, VA, March 11, 2016 ” The Unisys-made (NYSE: UIS) facial and iris biometrics are being tested at the Otay Mesa border crossing in San Diego by the U.S. Customs and Border Protection agency until May 2016, ExecutiveBiz reported Thursday. The company said Thursday the assessment aims to determine the accuracy and efficiency of...
TYSONS CORNER, VA, March 11, 2016 ” Lockheed Martin and partner Michelin North America will manage the U.S. Navy™s naval aviation tires under a potential four-year, $131 million contract, ExecutiveBiz reported Thursday. The two companies worked together on the initial contract which resulted in the delivery of more than 440, 000 tires over...
Mar. 7 – Mar. 11 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson The start of March has given investors everywhere a respite of calm so far after a January and February period of across-the-board, worldwide market volatility that carried over from the end of last year....
Leidos (NYSE: LDOS) has been awarded a position on a potential $500 million contract to provide architect-engineering environmental services for the U.S. Air Force. The company is one of the latest awardees that will compete for environmental compliance and restoration, military family housing, base realignment and closures, and maint...
