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Tag Archives: featured

November 7 Morning Report: GovCon Index Up on Thursday’s Close

The GovCon Index closed Thursday at 68.486, up 0.086 or 0.126 percent. Reuters reported Thursday market optimism over anticipation that the European Central Bank may be getting ready with new measures to bolster the eurozone. The Dow Jones industrial average hit a record high, up 69.94 points, or 0.4 percent, to 17, …

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Dana Keefer Appointed VP for Talent Mgmt at Northrop

Dana Keefer has joined Northrop Grumman as the new vice president for talent management and development. She will serve as the company lead in employee engagement, professional development, talent acquisition and retention and succession planning efforts, Northrop said Thursday. Keefer will sit as a member of Northrop’s Human Resources Policy …

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Erik Buice: Northrop Extends Work to Maintain NIH’s Pathogen Data Repositories

Northrop Grumman (NYSE: NOC) has been awarded a potential $27 million follow-on contract to help a National Institutes of Health organization update and maintain web-based repositories of viral pathogenic data. The company said Thursday it will continue to support the National Institute of Allergy and Infectious Diseases‘ Bioinformatics Resource Center …

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Carlyle Group Reduces Booz Allen Ownership Stake to 37%

An affiliate of The Carlyle Group (NASDAQ: CG) has sold 10 million shares of Booz Allen Hamilton‘s (NYSE: BAH) Class A common stock to J.P. Morgan Securities for $263.1 million, or around $26.31 per share. Booz Allen said Wednesday that these transactions would result in Carlyle owning 37 percent of Booz Allen’s outstanding stock. The firm added that it also …

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Roy Smith: Fulcrum Lands Task Orders for Army Sensor Tech Support

Fulcrum has received $22 million in task orders during the fourth quarter of its 2014 fiscal year to help the U.S. Army deploy and maintain sensor technologies. The company was awarded the orders as a prime contractor on the Army’s $1.8 billion Warrior Enabled Broad Sensing services program, Fulcrum said …

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State Dept OKs $1.4B PAC-3 Missile Sale to South Korea

The State Department has approved a $1.405 billion foreign military sale of Patriot Advanced Capability missiles and components to South Korea. Raytheon (NYSE: RTN) and Lockheed Martin‘s (NYSE: LMT) missiles and fire control business are the primary contractors for the sale, the State Department said Wednesday. South Korea has ordered 136 PAC-3 missiles with containers, …

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Ian King: BAE-Dassault Team Awarded $192M for Anglo-French Combat Aircraft Research

A BAE Systems and Dassault Aviation partnership has been awarded a $192 million contract to perform a feasibility study of the U.K. and France’s proposed combat aerial vehicles. The companies will perform the research to help the governments of France and U.K. define requirements for the countries’ Future Combat Air …

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ICF International Closes $295M Olson Buy; Sudhakar Kesavan Comments

ICF International (NASDAQ: ICFI) has completed the acquisition of Olson, a provider of marketing technology and digital services,  for $295 million. ICF bought Olson in cash from private equity firm KRG Capital Partners and other shareholders, ICF said Wednesday. “Together, ICF and Olson will guide clients through this new digital revolution across …

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November 6 Morning Report: GovCon Index Down on Wednesday’s Close

The GovCon Index closed Wednesday at 68.400, down 0.093 or 0.137 percent.         Top Percentage Gainers Company Stock Price % Change ManTech International Corp. 29.71 3.30% Navistar 35.83 2.52% Textron 42.05 1.64% Honeywell 96.71 1.49% SAIC 50.32 1.41% Market Summary Advancing Issues 18 (60.00%) Declining Issues 12 (50.00%) Unchanged …

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Linda Mills, Northrop Corporate VP of Operations, to Retire in January

Linda Mills, corporate vice president of operations at Northrop Grumman (NYSE: NOC) and a 35-year veteran of both Northrop and the former TRW, plans to retire from the company on January 3, 2015. Northrop disclosed Mills’ pending retirement in a Securities and Exchange Commission filing released Wednesday. The news was first reported by Jill Aitoro of …

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