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Tag Archives: energy

February 3 Market Close: GovCon Index Rebounds 1.5% to Set Record

The GovCon Index rose for a second consecutive day to record a gain of 1.16 points — or 1.572 percent — to close at 72.661 on Tuesday and set a new all-time high. Energy shares continued a four-day streak of increases in conjunction with an increase in crude oil prices in New York and U.S. …

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January 6 Market Close: GovCon Index Fall Continues as Factory Report Shows November Downturn

The GovCon Index lost ground Tuesday for a third consecutive trading day as it fell 0.557 points — or 0.814 percent — to close at 69.062. Northrop Grumman (NYSE: NOC), Computer Sciences Corp. (NYSE: CSC) and General Dynamics (NYSE: GD) were the only companies on the index to record gains. Losses in the energy …

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December 10 Market Close: GovCon Index Tumbles, SAIC Jumps for 2nd Straight Day

The GovCon Index tumbled 2.055 percent — or 1.394 points — to close at 69.214 on a Wednesday that saw only two out of 30 companies on the index show gains: Science Applications International Corp. (NYSE: SAI) and Serco Inc. SAIC’s stock price increased for a second consecutive day after the company said its third-quarter revenue increased 2 …

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Sudhakar Kesavan: ICF Books $618M in Contracts for 3Q 2014

ICF International (NASDAQ: ICFI) has announced financial results for the third quarter of its 2014 fiscal year ended Sept. 30, 2014. The company recorded an 8.5-percent increase in revenue to $264.8 million from the prior year quarter and a 9.5-percent uptick in profit to $12.3 million, a figure ICF says is exclusive …

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Lockheed Acquires Energy Storage, Conversion Tech Maker Sun Catalytix

Lockheed Martin (NYSE: LMT) has acquired Cambridge, Massachusetts-based energy storage and conversion technology maker Sun Catalytix Corp. for an undisclosed sum. Sun Catalytix will operate as a subsidiary within Lockheed’s missiles and fire control business area and will do business under the name Lockheed Martin Advanced Energy Storage LLC, Lockheed said Monday. Twenty-five …

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CH2M HILL Closes Buy of TERA Environmental Consultants; Chris Shea, Piers Fothergill Comment

CH2M HILL has completed its acquisition of TERA Environmental Consultants in a move to grow environmental service offerings across Canada. TERA provides environmental consulting services to pipeline, power line and oil and gas customers in that country, CH2M HILL said Monday. Chris Shea, president of CH2M HILL’s environment and nuclear …

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Peyton Baker Named Babcock & Wilcox President, COO; James Ferland Comments

Peyton “Sandy” Baker has been appointed president and chief operating officer at Babcock & Wilcox Co. (NYSE: BWC) as the company has realigned its government market operations. Baker will lead the Charlotte, N.C.-based company’s nuclear operations and technical services groups, as well as its nuclear fuel services subsidiary, Babcock & Wilcox …

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Marillyn Hewson: Lockheed to Buy Industrial Defender for Commercial Cyber Push

Lockheed Martin (NYSE: LMT) has moved to expand its cybersecurity business by agreeing to buy Foxborough, Mass.-based Industrial Defender for an undisclosed amount. Lockheed expects to close the transaction within 30 days subject to customary closing conditions, Lockheed said Wednesday. “Industrial Defender’s expertise in cyber security for critical infrastructure is …

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DigitalGlobe Buys Digital Imagery Provider Spatial Energy; Jeffrey Tarr Comments

DigitalGlobe (NYSE: DGI) has moved to grow its presence in the oil and gas market by acquiring digital imagery provider Spatial Energy for an undisclosed amount. Energy companies use Spatial Energy’s geospatial tools and services to manage exploration and production projects, DigitalGlobe said Wednesday. Jeffrey Tarr, CEO of DigitalGlobe, said …

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