Tag Archives: featured

Rockwell Collins Raises FY 2016 Earnings Guidance on 1Q Beat; Govt Sales Down 13%

Rockwell Collins (NYSE: COL) — one of 30 companies listed on Executive Mosaic’s GovCon Index — has reported earnings per share of $1.21 for the first quarter of the company’s 2016 fiscal year to exceed Wall Street analyst expectations by 21 cents. Profit for the Cedar Rapids, Iowa-based avionics contractor …

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SOSSEC Awarded $99M C4ISR Data Sharing System Prototyping OTA

System of Systems Security has won a potential five-year, $99 million “other transaction” agreement with the U.S. Air Force to develop, integrate and test information sharing technology prototypes for various C4ISR systems. The Air Force Research Laboratory received six offers for the program through a competitive procurement,  the Defense Department said Thursday. SOSSEC comprises …

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January 21 Market Close: GovCon Index Enters Correction With 1% Decline, US Stocks Rise on Oil Gains

The GovCon Index suffered a loss of 1.324 percent to 70.492 Thursday driven by a plunge in Engility Holdings (NYSE: EGL) shares after the contractor issued fiscal year 2016 guidance that forecasts a sharp drop in earnings from 2015 outlook. Chantilly, Va.-based Engility’s 2016 guidance sees earnings of between $1.00 …

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Engility Issues FY 2016 Guidance Below Wall Street Forecasts

Engility Holdings (NYSE: EGL) — one of 30 companies listed on Executive Mosaic’s GovCon Index — issued its fiscal year 2016 earnings and revenue guidance Thursday below the consensus Wall Street analyst estimates for both figures. The Chantilly, Virginia-based government services contractor said it sees earnings of between $1.00 and …

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State Dept Clears $2B Sale of F-16 Weapons, Logistics Services to Iraq

The State Department has approved Iraq’s request to buy munitions, weapons, related equipment and logistics support services for F-16 fighter jets from the U.S. government under a potential $1.95 billion foreign military sales agreement. The Defense Security Cooperation Agency said Wednesday that Iraq will use the weapons systems and logistics services to support …

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Shawn Kingsberry Joins Unisys as Global Digital Govt Practice Lead; Mark Forman Comments

Shawn Kingsberry, formerly director of cloud solutions at Engility (NYSE: EGL),  has joined Unisys (NYSE: UIS) as head of the information technology firm’s global digital government practice. Kingsberry will directly report to Mark Forman, vice president of the global public sector business at Unisys, and will work to guide public sector consumers …

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Microsoft Vet Kirill Tatarinov Joins Citrix as President, CEO; Robert Calderoni Comments

Kirill Tatarinov, formerly executive vice president of Microsoft’s (Nasdaq: MSFT) business solutions division, has joined Citrix (Nasdaq: CTXS) as president and CEO. Tatarinov will also join the Citrix board and succeed interim President and CEO Robert Calderoni, who will continue his role as executive chairman of the board, Citrix said …

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David DeWalt: FireEye Makes Cyber Threat Intell Push Through $200M iSIGHT Buy

FireEye (Nasdaq: FEYE) has bought security threat intelligence company iSIGHT Partners for $200 million cash in a bid to help enterprise clients detect and respond to sophisticated cyber attacks. Former iSIGHT shareholders are eligible to receive an additional $75 million in cash and stock if the business meets the target …

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Tiffanny Gates Joins Novetta as Federal Division President; Peter LaMontagne Comments

Tiffanny Gates, formerly vice president of cyber strategies at Raytheon‘s (NYSE: RTN) Blackbird Technologies subsidiary, has joined Novetta as president of the company’s federal division. Gates will be responsible for the company’s projects for the U.S. government and for the division’s strategy, business development and delivery of analytics services to clients, …

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January 20 Market Close: GovCon Index, US Stocks Record 1% Declines on Continued Oil-Driven Volatility

The GovCon Index mirrored wild volatility in U.S. markets Wednesday to close at a decline of 0.703 points to 71.438 with an attempt to recover from steep and rapid declines during morning and mid-afternoon trade. The Index showed a 3.5 percent decline at around 12 p.m. ET and fell further …

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