Tag Archives: featured

Niloofar Razi Howe Joins RSA as SVP, Chief Strategy Officer; Amit Yoran Comments

Niloofar Razi Howe, formerly chief strategy officer at Endgame, has joined RSA as senior vice president and chief strategy officer. As a member of RSA’s executive team, Howe will be responsible for the company’s corporate strategy, development and planning, RSA said Monday. Amit Yoran, president of RSA and executive VP …

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November 16 Market Close: GovCon Index Surges 3% on Defense Stock Volume

The GovCon Index rebounded from a two-day decline Monday with a surge of 2.901 percent to 77.587 on high volume in defense stocks three days after the terrorist attacks in Paris Friday. Ammunition and rocket manufacturer Orbital ATK (NYSE: OA) led all Index gainers at 6.37 percent to $85.19 and 29 out …

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ASRC Federal Buys Data Networks Corp; Mark Gray Comments

Beltsville, Maryland-based government contractor ASRC Federal has purchased information technology services provider Data Networks Corp. for an undisclosed sum as part of a federal IT market growth push. ASRC Federal’s parent company Arctic Slope Regional Corp. announced the transaction Monday and said DNC will operate as a subsidiary within ASRC Federal. …

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Justice Dept, FTC Clear Thoma Bravo’s $4B SolarWinds Purchase

The Justice Department and Federal Trade Commission have given antitrust clearance to Silver Lake and Thoma Bravo for the private equity firms’ $4.5 billion acquisition of information technology company SolarWinds (NYSE: SWI). Both agencies gave their notice Friday to end the required 30-day waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of …

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Tim Mahoney: Honeywell to Buy Satcom1 for In-Flight Connectivity Market Push

Honeywell (NYSE: HON) has agreed to purchase aeronautical satellite communications technology and services company Satcom1 for an undisclosed amount as the companies aim to develop an integrated in-flight connectivity offering. Tim Mahoney, president and CEO of Honeywell’s aerospace business, said Monday the company made the acquisition to also grow its satcom hardware and software …

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Karthik Srinivasan Joins IBA as Federal IT Services SVP; Mary Dowdall Comments

Karthik Srinivasan, formerly the capture and business development director at ManTech International (Nasdaq: MANT), has joined Irving Burton Associates as senior vice president of federal information technology services. Srinivasan will be responsible for IBA’s operations, business development, capture, proposals and marketing initiatives in coordination with the contracting, pricing and recruiting …

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November 16 Morning Report: GovCon Index Sees 2.36% Drop for the Week

The GovCon Index closed Friday with a decline of 0.564 points to 75.400, ending the week with a 2.36-percent loss. The Index’s performance this previous week increased 2.36 percent over the past month and 7.75 percent since the fourth quarter began Oct. 1. Top GovCon Index Gainers Symbol Company $ Current Price Net …

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November 13 Market Close: GovCon Index, US Stock Indices Post 1% Declines

The GovCon Index extended its current streak of declines to a third straight session Friday with a loss of 0.564 points to 75.400. The Index also ends at a 2.36-percent decline for the week but has risen 2.36 percent over the previous month and 7.75 percent since the fourth quarter started Oct. …

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USAF Awards ULA $373M Contract Modification for Rocket Production Services

United Launch Alliance has been awarded a $373.3 million contract modification by the U.S. Air Force to provide launch vehicle production services for two National Reconnaissance Office rockets. The Defense Department said Thursday that ULA will support the configurations of a Delta IV Heavy and an Atlas V 421 for the agency. ULA will perform work through Jan. 30, 2019, …

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Northrop Receives $151M Japan Hawkeye Aircraft Contract Modification

Northrop Grumman (NYSE: NOC) has received a $151.3 million contract modification from the U.S. Navy to build one E-2D Advanced Hawkeye aircraft for Japan under a foreign military sale agreement. The company will perform work in Florida, New York, California, Indiana, Illinois and other U.S. locations through March 2018, the …

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