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Tag Archives: CSC

CSC US Gov’t Services Unit, SRA to Merge; Mike Lawrie Comments

Falls Church, Va.-based Computer Sciences Corp. (NYSE: CSC) has agreed to merge its U.S. government services unit with SRA International as part of its plans to spin off the unit. The companies said Monday they expect to close the merger in November upon completion of the Computer Sciences Government Service’s separation from and shareholders …

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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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Eric Wieman Joins A-TEK as COO, EVP; Kathryn Freeland Comments

Eric Wieman, formerly senior vice president and general manager of the civil sector at STG, has joined Maryland-based information technology contractor A-TEK as chief operating officer and executive VP. Wieman will collaborate with A-TEK CEO Kathryn Freeland in tactical and policy framework implementation, A-TEK said Monday. He will also oversee corporate development, operations …

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August 17 Morning Report: GovCon Index Up on Friday’s Close

The GovCon Index gained 0.479 points to close at 76.970 on Friday, building more ground after three straight days of declining or flat activity. The Dow Jones Industrial Average rose 69.15 points to 17, 477.40, the S&P 500 composite index climbed 8.15 points to 2, 091.54 and the NASDAQ composite index increased 14.68 points to 5, 048.23. Top …

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August 14 Market Close: GovCon Index Stretches Gains, US Stocks Rebound

The GovCon Index recovered more ground from three consecutive days of negative or neutral activity to record a gain of 0.479 points and close at 76.970. U.S. stocks swung into positive territory Friday after investors continued to react to China’s currency devaluation and data that showed consumer spending increased in July, …

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August 12 Market Close: GovCon Index, US Markets Trade Near Gain Line on Energy Stock Lift

The GovCon Index recovered some losses sustained during the morning trading session Wednesday but ended at a decline of 0.130 points to 76.354. Gains from energy shares and Apple helped U.S. stocks to reverse declines from the morning session that stemmed from continued investor reaction to China’s currency devaluation in the …

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25 Contractors Win Spots on $21B Air Force Training Systems IDIQ

The U.S. Air Force has awarded positions on a $20.9 billion multiple-award contract to 25 companies to support warfighter training systems at USAF operating locations globally. The Defense Department said Tuesday contractors will compete for individual orders to perform design, development, production, installation, analysis, integration, test and sustainment services under …

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August 10 Morning Report: GovCon Index Down on Friday’s Close

The GovCon Index closed Friday with a loss of 0.258 points to 76.239. Engility Corp. (NYSE: EGL) led gainers with a jump of 37.92 percent following a positive second quarter earnings report to close the week at 30.44. The Dow Jones Industrial Average declined 46.37 points to 17, 373.38, the Standard & Poor’s 500 composite index …

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August 7 Market Close: GovCon Index Dips, Earnings News Lifts Engility, US Stocks Down

The GovCon Index failed to hold its gains from the week’s worth of trading as it closed Friday with a loss of 0.258 points to 76.239. Engility Corp. (NYSE: EGL) shares skyrocketed 37.92 percent to 30.44 Friday after the government services contractor reported second quarter earnings that surpassed Wall Street’s consensus forecasts. Continued …

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NAVSUP Taps CSC, Serco for $86M Program Mgmt Services IDIQ

Computer Sciences Corp.  (NYSE: CSC) and Serco Inc. have won positions on a potential five-year, $86 million contract for program management support services to the U.S. Navy’s Naval Supply Systems Command Business Systems Center for the ordnance information platform. The service branch awarded a task order worth approximately $40 million to CSC …

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