Executive Mosaic’s GovCon Index held higher against narrow trading activity in U.S. financial markets Thursday on strong performances by CACI International (NYSE: CACI) and defense platform makers as Booz Allen Hamilton (NYSE: BAH) rallied to recoup one-half of losses from a steep fall Wednesday. ThursdayR...
Robert Lake, former director of strategic planning at DHPC Technologies, has joined Sabre Systems as vice president of northeastern regional operations for the company. Sabre said Thursday Lake will report to President and Chief Operating Officer Glen Ives and oversee the management and development of the company’s Northeast bus...
A General Dynamics (NYSE: GD) subsidiary has been awarded a $101.3 million contract modification by the U.S. Navy to produce 22 tactical missile tubes for the Ohio Replacement Program. The Defense Department said Tuesday that General Dynamics Electric Boat will build the missile tubes to support the production of the Ohio-class s...
Executive Mosaic’s GovCon Index failed to reverse its steep morning decline Friday despite a significant gain by the S&P 500 as a record intraday plunge by Vectrus (NYSE: VEC) on a large contract loss weighed on the GCI against a 2-to-1 ratio in favor of green stocks. Six of the GovCon Index’s 11 S&P 500 ...
A joint venture of PAE and Parsons will continue to support U.S. Navy operations at the Joint Region Marianas installation in Guam under a potential $492 million contract. The Navy received eight proposals through an online-based competitive procurement and re-awarded the contract to DZSP 21 after the service branch took cor...
The U.S. Army has awarded a $146.5 million contract modification to a BAE Systems subsidiary to construct an insensitive munitions weak nitric acid recovery facility at the Holston Army Ammunition Plant in Tennessee. BAE’s ordnance systems unit is scheduled to finish work July 31, 2019, the Defense Department said Tuesday. The Army C...
September 19 – September 23 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson KBR™s expansion move into the U.S. and global government services markets became official on Monday when the Houston-based engineering company closed its $300 million purchase of the busin...
Carestream Health has been awarded a potential 10-year, $150 million contract by the Defense Logistics Agency to supply picture archiving and communications system products to the four U.S. military branches. The Defense Department said Tuesday the company will provide digital imaging network PACS equipm...
General Dynamics‘ (NYSE: GD) Electric Boat subsidiary has secured a $329.6 million contract modification to perform design, planning yard, engineering and technical support work on active nuclear submarines for the U.S. Navy. The service branch obligated $284, 038 from its fiscal 2016 “other” procurement fu...
Science Applications International Corp. (NYSE: SAIC) has won a potential 10-year, $700M contract to help the Defense Logistics Agency to supply chemicals, packaged petroleum, oils and lubricants to military and government organizations. SAIC will deliver the products to the U.S. Army, U.S. Navy, U.S. Air Forc...
