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The Department of Homeland Security (DHS) announced to the several companies and the Government Accountability Office (GAO) that it has cancelled its $1.5 billion contract vehicle for agile development services. DHS will no longer move forward with the small business procurement process known as Flexible Agile Support for the Homeland (FLASH,) repor...
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 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 bene...
William “Bill†Parsons, an 18-year NASA veteran, has been named president of Syncom Space Services, a joint venture of PAE and BWX Technologies (NYSE: BWXT). Parsons will oversee S3’s operations at NASA that include management of facility operations, test and manufacturing services and maintenanc...
Chuck Prow, a former head of IBM‘s (NYSE: IBM) global government business and a 12-year Big Blue veteran, has joined Colorado Springs-based government services contractor Vectrus (NYSE: VEC) as CEO and board of directors member in a transition that took effect Tuesday. Vectrus announced the transition in a Tuesday relea...
TYSONS CORNER, VA, Nov. 18, 2016 — The U.S. Government Accountability Office has awarded CGI (NYSE: GIB) a five-year, $7.2 million contract to support the migration of the former’s financial management, budgeting and procurement transaction processing, implementation and operations to the cloud, ExecutiveBiz said Thursday. Th...
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 “Big Three†credit rating agencies has bolstered its view of the government contracting sectorâ€...
The Government Accountability Office has dismissed nine protests filed by health insurers Health Net,  UnitedHealth Military and Veterans and Wellpoint to challenge the Defense Health Agency’s Tricare services contract awards worth approximately $58 billion,  Federal News RadioÂ...
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 focu...
Northrop Grumman (NYSE: NOC) CEO Wes Bush described to investors Wednesday the aerospace and defense contractor’s moves to focus on affordability and make corporate-level investments to take costs out of programs such as the B-21 bomber in response to slower-growing budgets. Budgets have not expanded at the same speed a...
