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Tag Archives: CSRA

CSRA to Buy IT Firm NES Associates; David Keffer, Larry Prior Comment

CSRA (NYSE: CSRA) has agreed to purchase Alexandria, Virginia-based information technology services contractor NES Associates for an undisclosed amount. David Keffer, chief financial officer of CSRA, said Wednesday that the pending acquisition is in line with the Falls Church,Virginia-based company’s “long-term approach to capital allocation, as our balance sheet continues to evolve.” “After aggressively …

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May 24 Market Close: GovCon Index Sets Another High and Markets Gain Back Losses

The Executive Mosaic GovCon Index closed up for the fifth consecutive day with the advancers significantly outpacing the decliners 28 to 2. The GovCon Index reached another 30 day high of 94.842, up 0.701 percent. All the U.S. indices were up on the day. The S&P500 reached a new record high of …

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Ken Deutsch: CSRA to Extend Marines IT Support Under Potential $143M Award

CSRA (NYSE: CSRA) has won a potential five-year, $143 million contract to provide information technology support services to the U.S. Marine Corps‘ Technology Services Organization. The company said Thursday it will help the service branch engineer, maintain and operate a range of enterprise business systems. Ken Deutsch, executive vice president of CSRA’s defense group, …

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May 16 Market Close: Minor Changes With GovCon Index and Markets; NASDAQ Hits Record High

The Executive Mosaic GovCon Index closed down for the fourth consecutive day to 93.276 off 0.008 percent. There was minor movement in markets today with the NASDAQ reaching another new high. The dollar weakened and technology shares continued to rise. At market close WTI reversed its positive trend up to close down …

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CSRA Hosts Event to Showcase Startups’ Emerging Tech to Fed Market

TYSONS CORNER, VA, May 12, 2017 — CSRA (NYSE: CSRA) has held an event to showcase the technologies of eight startup companies and connect them to potential customers in the federal government, ExecutiveBiz reported Thursday. MeriTalk reported Wednesday that CSRA selected the companies to participate at the Emerging Technologies Day, which featured …

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May 10 Market Close: GovCon Index Down, Markets Mixed as S&P500 and NASDAQ Reach New Highs

The Executive Mosaic GovCon Index closed down 0.199 percent to 93.292. Vectrus reported strong first quarterly financial results to top of the GovCon Index board posting a 12.00 percent gain. Major markets closed mixed with S&P pushing up against the 2,400 mark closing at new high of 2,399.63. The NASDAQ continues its …

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May 9 Market Close: GovCon Index Up, Markets Mixed as NASDAQ Reaches New High

The Executive Mosaic GovCon Index closed up 0.118 percent to 93.478 as advancers outpaced decliners 2 to 1. AECOM led the 30 GovCon Index companies as the company beat analysts projections reporting 5 percent quarterly earnings growth. Major markets closed mixed with softness in commodity prices. The NASDAQ reached a new all …

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CSRA to Provide HPC Support for EPA’s Research Projects

TYSONS CORNER, VA, April 20, 2017 — CSRA (NYSE: CSRA) has secured a potential $58 million contract to build and maintain a high-performance computing environment and support modeling and visualization laboratory projects at the Environmental Protection Agency, ExecutiveBiz reported Wednesday. The company said Tuesday it will work to support EPA’s efforts to perform …

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April 17 Market Close: GovCon Index and Markets Rebound Strongly From Last Week

The Executive Mosaic GovCon Index turned in better than 1 percent gain on the day as advancing stocks closed 29 to 1 versus decliners. With the European markets closed the U.S. markets all closed strongly as investors geopolitical concerns dampened. At market close WTI was down $0.57 to $ 52.61 per barrel …

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CSRA’s John Dancy: Targeted, Measured Approach to Help Drive Gov’t Website Safety, Accessibility

TYSONS CORNER, VA, April 6, 2017 — John Dancy, chief information officer of CSRA (NYSE: CSRA), has said federal agencies should adopt a targeted approach to address accessibility and security challenges associated with government websites, ExecutiveBiz reported Tuesday. He wrote in a guest piece published Monday that agencies should look …

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