Tag Archives: featured

Paul McQuillan: PlanetRisk, iMapData Merge for Actionable Intelligence Market Push

PlanetRisk and iMapData have merged in a bid to help commercial and government clients make organizational decisions with data analytics technology. The combined entity will operate under the PlanetRisk name and be led by President and CEO Paul McQuillan,  a federal market veteran with more than 25 years of leadership experience, PlanetRisk …

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November 30 Market Close: GovCon Index Down 2% on CSRA’s First NYSE Trading Day

The GovCon Index registered a decline of 2.234 percent — or 1.784 points — to 78.070 Monday as U.S. markets returned to full activity and new federal technology services contractor CSRA (NYSE: CSRA) started regular-way trading on the New York Stock Exchange. Falls Church, Virginia-based CSRA opened at $29.39 and ended …

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Elbit Systems Lands $200M Reconnaissance UAV Supply Contract With Switzerland

Elbit Systems (Nasdaq: ESLT) has received a potential four-year, $200 million contract to supply the Swiss air force with Hermes 900 Heavy Fuel Engine unmanned aerial systems. The contract awarded by Switzerland’s defense, civil protection and sport department also covers the provision of a land-based segment for command, communications and …

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DynCorp to Support Saudi Arabia’s Military Aircraft Maintenance Program

DynCorp International has won a potential $61 million foreign military sales contract from the U.S. Army to provide maintenance services for a military aircraft program in Saudi Arabia. The company will support the Saudi Land Forces Aviation Command up to Jan. 31, 2021, under the firm-fixed price contract, the Defense Department said …

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November 30 Morning Report: CSRA to Replace CSC in GovCon Index, S&P 500

Federal technology services contractor CSRA (NYSE: CSRA) will replace Computer Sciences Corp. (NYSE: CSC) in the GovCon Index effective Monday morning. The change comes after the completion of CSC’s spinoff of its North American public sector business and that unit’s merger with SRA International. CSRA is based in Falls Church, Virginia, and offers …

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Pratt & Whitney Gets $215M Contract Modification for F-35 Sustainment Work

A United Technologies Corp. (NYSE: UTX) subsidiary has been awarded a $214.6 million contract modification by the U.S. Navy to provide F-35 hardware sustainment services to domestic and foreign military customers. The Defense Department said Wednesday that Pratt & Whitney will help sustain propulsion systems and deliver training materials in support of low-rate initial production lot 10 …

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Navy Picks Boeing’s Insitu for $71M ScanEagle FMS Contract With Afghanistan

Boeing‘s (NYSE: BA) Insitu subsidiary has secured a potential three-year, $71 million contract from the U.S. Navy to produce eight ScanEagle unmanned aerial systems for Afghanistan through a foreign military sales agreement. The firm-fixed-price contract covers ScanEagle aerial vehicles, support tools, a training facility for the UAVs, spares and field support services, the Defense …

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November 27 Market Close: GovCon Index Inches Closer to 80-Point Barrier in Half-Day Session

The GovCon Index recorded a nominal gain for the third consecutive trading day Friday at a rate of 0.180 points to 79.854 in an abbreviated session for U.S. markets after Thanksgiving. Both the New York Stock Exchange and NASDAQ closed at 1 p.m. Friday. The Index last closed at or above 80 points …

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November 25 Market Close: GovCon Index Shows Little Change on Light Volume Day

The GovCon Index treaded in neutral territory on a light-volume day in markets and closed at a nominal loss of 0.007 points to 79.674. U.S. markets are closed Thursday for Thanksgiving and will be open Friday until 1 p.m. Eastern time. Science Applications International Corp. (NYSE: SAIC) and BAE Systems (over-the-counter) showed gains after the …

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