Through fiscal year 2018, Federal agencies have $3.3 billion in savings yet to accrue from promised consolidations and data center closures and consolidations pledged in the Federal Information Technology Acquisition and Reform Act. Agencies were required to find $4 billion in savings from fiscal year 2016 to fiscal 2018 as part of the Office of...
The Congressional Budget Office issued a revised cost estimate of $500 million over a five-year period for the for the re-introduced Modernizing Government Technology Act, legislation introduced by Rep. Will Hurd, R-Texas. The revised estimate is a mere fraction of the cost when the bill was first introduced last year. The bill passed...
Weekly Roundup April 10 – April 13 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Since the election of President Trump, the Department of Homeland Security has been a topic of much discussion, particularly the Customs and Border Protection agency. Trump’s camp...
The Defense Health Agency has awarded Humana (NYSE: HUM) a one-year, $3.80 billion “bridge” contract to extend the company’s healthcare delivery services under the Tricare Health Benefits program. Humana’s government business unit will continue to support health benefits management functions and ...
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November 14 – November 18, 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson One of the country™s œBig Three credit rating agencies has bolstered its view of the government contracting sector™s prospects under incoming President Donald Trump and in particular d...
November 7 – November 11, 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Red was the dominant color all over the electoral map Tuesday night and green has taken over many corners of Wall Street since with defense and other GovCon stocks in particular the focus of...
GovCon Index-listed Vectrus (NYSE: VEC) said Tuesday the U.S. Army will seek revised proposals for a recompeted logistics contract the company originally was not selected for in late September as the program’s current iteration represents the largest the contractor’s portfolio. Vectrus added it is also awaiting a Governmen...
October 24 – October 28, 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Outlooks of the government contracting market’s future trajectory and its ongoing dynamics dominated the attention of sector leaders and observers this week, during which GovCon Wire helped ...
