Tag Archives: CSRA

CSRA to Help Update Veterans Benefits Administration’s Disability Claims System; Paul Nedzbala Comments

CSRA’s (NYSE: CSRA) subsidiary SRA International has received a five-year, $233 million task order to update the disability claims processing system of the Veterans Benefits Administration. SRA will aim to shorten the time for the development, adjudication and compensation of claims, CSRA said Tuesday. “Our execution of the [Intake, Conversion, …

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Weekly Roundup Jan. 25 – Jan. 29 2016: Leidos The New ‘Big One’ After Lockheed IT Biz Merger & more

Jan. 25 – Jan. 29 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Needless to say, we have a lot to address here after a heavy news week that featured news of government contracting’s largest merger this decade, plus a batch of 2015 earnings reports from …

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Leidos to Merge With Lockheed IT, Gov’t Services Segments in $5B Tax-Free Deal

Reston, Virginia-based contractor Leidos Holdings (NYSE: LDOS) has agreed to a merger with the government information technology and services businesses of Lockheed Martin (NYSE: LMT) under a $5 billion, tax-free Reverse Morris Trust transaction to create the government services industry’s largest publicly-traded contractor by revenue, the companies said Tuesday. Both companies — …

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January 25 Morning Report: GovCon Index, Other US Markets Post Significant Gains

The GovCon Index closed Friday with a gain of 1.35% to 71.466. The Dow Jones, Nasdaq and S&P 500 indices also posted significant gains at 1.33%, 2.66% and 2.03%,  respectively. West Texas Intermediate crude oil also went up over 9% to close at $32.20. Top GovCon Index Gainers Symbol Company $ Current Price …

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January 22 Market Close: GovCon Index Reverses Correction With 1.35% Increase, Oil Advances 9%

The GovCon Index closed up 1.35% to 71.466 as all US markets showed significant gains. The DJIA closed at 16, 093.51 up 1.33%, the S&P ended the day positive at 1, 906.90 up 2.03%, and the NASDAQ increased 2.66% to 4, 591.18. Global Oil prices all increased with WTI crude up over …

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Weekly Roundup Jan. 18 – Jan. 22 2016: Analysts Call Defense Stocks Steady in Wild Market & more

Jan. 18 – Jan. 22 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Volatility in financial markets has become a fact of life all over the world and has sent investors questioning where the opportunities are in the midst of headwinds such as declining …

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January 19 Market Close: GovCon Index Shows PM Turnaround to Narrow Gain, US Stocks Mixed

The GovCon Index attempted to turn around sharp losses incurred mid-afternoon Friday during the day’s final trading hour and closed at a gain/loss of 0.086 points to 72.182. The Index had shown a decline of around 1.1 percent at around 2 p.m. Eastern time before a reversal that started shortly …

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January 12 Market Close: GovCon Index 4-Day Losing Streak Ends w/ 1% Climb

The GovCon Index snapped a four-day streak of declines Tuesday with a surge upward of 1.129 percent to 74.285 in another volatile trading day for U.S. financial markets driven by continued oil price declines and attention on China. Crude oil futures in New York settled 50 minutes later than usual …

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January 11 Market Close: GovCon Index Halves Losses in PM Recovery During Volatile US Session

The GovCon Index attempted a recovery from steep morning and midday losses as Monday’s closing bell approached after another volatile day for U.S. markets but ended at a loss of 0.531 points to 73.407. Both the GovCon Index and S&P 500 composite index were down a full percentage point in …

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William Haynes Joins CSRA as EVP, General Counsel; Larry Prior Comments

William Haynes II, formerly executive vice president and general counsel of SIGA Technologies, has joined CSRA Inc. (NYSE: CSRA) as EVP, general counsel and corporate secretary. Haynes will be responsible for the company’s legal affairs, compliance and corporate governance, CSRA said Friday. “We’re delighted that someone with Jim’s extensive corporate …

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