The GovCon Index closed Friday with a 1.218-percent decline to 72.118 on falling oil prices and below-consensus economic data points. Pharmaceutical services provider McKesson Corp. (NYSE: MCK) topped the Index with a gain of 22 cents to $165. Market Summary Advancing GovCon Index Issues 1 Declining GovCon Index Issues 28 Unchanged GovCo...
The GovCon Index closed at a new three-month low for the second time in three days Friday with a loss of 1.218 percent to 72.118 as investors reacted to further declines in oil prices and new economic data points that fell below the consensus analyst outlook. Pharmaceutical services provider McKesson Corp. (NYSE: MCK) was the...
TYSONS CORNER, VA, January 15, 2016 ” Raytheon | Websense — a Raytheon (NYSE: RTN) and Vista Equity Partners joint venture — has announced its new name as Forcepoint as it aims to develop its internal network monitoring services, ExecutiveBiz reported Thursday. Forcepoint said Thursday the reb...
TYSONS CORNER, VA, January 15, 2016 ” Boeing (NYSE: BA) has upgraded six B-52 bomber planes of the U.S. Air Force with increased capacity for internal weapons, ExecutiveBiz reported Thursday. The company said Wednesday the upgraded internal weapons bay launchers can load up to eight Joint Direct Attack Munitions. “The upgrades t...
TYSONS CORNER, VA, January 15, 2016 ” Rick Ambrose, executive vice president of Lockheed Martin‘s (NYSE: LMT) space systems segment, said the first GPS III satellite has completed a thermal vacuum test as part of the U.S. Air Force™s program, ExecutiveBiz reported Thursday. Space News reported Wednesday the test works to id...
TYSONS CORNER, VA, January 15, 2016 ” American Systems has received a Maturity Level 3 quality appraisal under the CMMI Institute’s Capability Maturity Model Integration for Development, GovCon Executive reported Thursday. The company said Wednesday the CMMI-DEV 1.3 appraisal covers process management, engineering, project ...
TYSONS CORNER, VA, January 15, 2016 ” Serco Inc. has received a three-year extension to continue to compete for task orders under the potential $1.4 billion Global Installation Contract the U.S. Navy awarded in 2011, ExecutiveBiz reported Thursday. The company said Thursday the contract extension provides for continued C4ISR systems s...
The U.S. Navy has awarded CH2M Hill a potential five-year, $240 million contract to provide architect-engineering services for the Naval Facilities Engineering Command‘s Atlantic area of responsibility. NAVFAC Atlantic awarded the indefinite-delivery/indefinite-quantity contract through a competitive procurement process with three bids re...
Booz Allen Hamilton (NYSE: BAH) has received a $159 million task order to standardize the U.S. Army‘s tactical and data network systems in an effort to help soldiers connect to the network. The company will work to integrate and streamline hardware, software, security and tactical network initialization tools for the Army’s Project Direc...
Robert Leduc, a 35-year veteran of United Technologies Corp. (NYSE: UTX), has been named president of UTC’s aircraft engine unit Pratt & Whitney. He will succeed Paul Adams, who has led the business since 2014 and will retire by the end of February after a 17-year career at UTC, the company said Thursday. Ledu...
