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Tag Archives: Army

September 9 Market Close: GovCon Index Dips, US Markets Decline in PM Session

The GovCon Index closed down 0.686 points to 72.072 on a day that saw continued volatility in U.S. and global markets despite a rise in equities. All three major U.S. stock indices were up 1 percent at one point in the morning session and receded into negative territory in the 1:00 p.m. Eastern …

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Heidi Shyu Describes Army’s Open Architecture Approach, Tech Acquisition Environment to Potomac Officers Club

Technology platforms with open architectures are a key aspect of the U.S. Army‘s large push to change how it brings new tools to soldiers in the battlefield, the service branch’s lead acquisition official told the Potomac Officers Club Wednesday. Heidi Shyu — assistant army secretary for acquisition,  logistics and technology — also …

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Weekly Roundup Aug 24 – Aug 28 2015: GovCon Index Mirrors US Markets’ Wild Ride & more

Weekly Roundup Aug 24 – Aug 28 2015 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson The world has been captivated over the last 10 days by the frenzied selloff in global stock markets then subsequent rebound over the past two days and government …

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Systek, Savantage Added to $461M Army IDIQ for Program Mgmt Services

Systems Technologies and Savantage Solutions have joined the list of awardees on a U.S. Army program management services contract worth up to $461 million over five years, the Defense Department said Thursday. Eleven companies in total will now vie for orders to support the Army’s program executive office for enterprise …

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Army Picks Oshkosh for $7B Joint Light Tactical Vehicle Contract

Oshkosh (NYSE: OSK) has won a much-anticipated potential $6, 749, 799, 374.25 contract to build armored vehicles for the U.S. Army‘s Joint Light Tactical Vehicle program, the service branch’s initiative to replace the Humvee for itself and the Marine Corps. The Army said Tuesday it expects low-rate initial production of the JLTV to start in …

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Weekly Roundup Aug 17 – Aug 21 2015: Sequestration Discussion Resurfaces, American Systems’ Latest Acquisition & more

Weekly Roundup Aug 17 – Aug 21 2015 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson The specter of potential sequestration cuts in fiscal year 2016 — which starts Sept. 30 — surfaced again this week in a letter signed by all 46 Democratic …

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DLA Taps SAIC, Noble for $577M Northeast Zone MRO Services IDIQ

The Defense Logistics Agency has awarded Science Application International Corp. (NYSE: SAIC) and Noble Supply & Logistics positions on a potential five-year, $577.5 million contract to provide maintenance, repair and operations support for zones 1 and 2 of the Northeast region. DLA awarded $315 million to SAIC and $262.5 million to …

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Weekly Roundup Aug 10 – Aug 14 2015

Weekly Roundup Aug 10 – Aug 14 2015 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Second quarter earnings season has concluded for many GovCon firms and all five of the industry’s most notable U.S.-based identities reported results that surpassed Wall Street analyst forecasts. …

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Weekly Roundup Aug 3 – Aug 7 2015

Weekly Roundup Aug 3 – Aug 7 2015 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Two of the Defense Department’s top civilian leaders traveled to Silicon Valley this week for discussions with a new arm of the Pentagon started earlier this year …

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Exclusive: Chuck Prow to Join Investment Firm Sterling, Hold President Role at Portfolio Company CPS

Chuck Prow,  former global government business leader at IBM (NYSE: IBM), has joined Fairfax, Va.-based private equity firm Sterling Capital Group Partners as a principal and will serve as president at its CPS-Professional Services portfolio company, he has told GovCon Wire. Prow recently retired from IBM and he will officially start his new roles at Sterling and CPS in …

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