The GovCon Index attempted to turn around sharp losses incurred mid-afternoon Friday during the day’s final trading hour and closed at a gain/loss of 0.086 points to 72.182. The Index had shown a decline of around 1.1 percent at around 2 p.m. Eastern time before a reversal that started shortly before 3 p.m. as U.S....
TYSONS CORNER, VA, January 19, 2016 ” Marilyn Crouther, senior vice president and general manager of Hewlett Packard Enterprise™s (NYSE: HPE) U.S. public sector business, believes the public information technology sector should adapt traditional IT to a cloud-based environment amid emerging cyber threats, ExecutiveBiz r...
TYSONS CORNER, VA, January 19, 2016 ” MarkLogic™s Enterprise NoSQL database MarkLogic 8 has received the Common Criteria for Information Technology Security Evaluation certification after it has completed an assessment, GovCon Executive reported Friday. The company said Thursday the evaluation includes standards on...
TYSONS CORNER, VA, January 19, 2016 ” L-3 Communications (NYSE: LLL) has received a three-year, $44.7 million contract for the upgrade, repair and overhaul of the photonics masts of U.S. Navy Virginia-class and Ohio-class submarines, ExecutiveBiz reported Friday. The Defense Department said Thursday the company will perform ...
TYSONS CORNER, VA, January 19, 2016 ” David Wajsgras, president of Raytheon‘s (NYSE: RTN) intelligence, information and services business, is one of nine executives who have joined the board of advisers at the Center for a New American Security, GovCon Executive reported Friday. CNAS said Thursday the executives come from the defense...
Minburn Technology Group has received a $115 million order to provide Microsoft (Nasdaq: MSFT) software licenses to the U.S. Special Operations Command. The company will also deliver software assurance support to SOCOM™s headquarters procurement division under the contract, the Defense Department said Friday. Minburn will perform work in G...
Wahid Nawabi, chief operating officer at AeroVironment (Nasdaq: AVAV), will assume additional duties as president of the company. Nawabi previously served as senior vice president and general manager of the company™s efficient energy systems business segment, with responsibility in business strategy and new product launch, AeroVironment sa...
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...
