Tag Archives: featured

IBM Watson Health Plans $2.6B Buy of Truven Health Analytics

IBM (NYSE: IBM) plans to buy cloud-based health data and analytic tools provider Truven Health Analytics from Veritas Capital for $2.6 billion in a bid to further expand its Watson Health business unit’s platforms for value-based care. IBM said Thursday it plans to integrate Truven’s cloud-based platforms and health claims data …

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Army Picks Six Firms for $504M Domain 2 Design, Integration Contract

The U.S. Army has selected six companies to provide Domain 2 design, test and integration services in support of the Space and Missile Defense Command under a $504 million contract. The Defense Department said Thursday the contract was awarded to Colsa, CybEx, Decisive Analytics, MEI Technologies, Sentar and Torch Technologies. The …

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National Archives Requests Info on Social Media Data Archiving Tech

The National Archives and Records Administration has asked industry to supply technical information on tools built to capture, manage and preserve content from social media networks. NARA said Wednesday in a FedBizOpps notice it seeks commercial technology that can archive data on more than 120 social media blogs, accounts and channels as well …

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February 18 Market Close: GovCon Index Inches Up, Holds in Correction as US Stocks Decline

The GovCon Index barely held positive territory in a narrow final hour of trade Thursday to record a nominal gain of 0.041 points to 71.389 Thursday and remain in a correction for the seventh consecutive day, or 10 percent down from its most recent high on Dec. 1. ManTech International (Nasdaq: …

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Leidos Tops Wall Street’s Full 2015 & 4Q Earnings Forecasts

Leidos Holdings (NYSE: LDOS) — one of 30 companies listed in Executive Mosaic’s GovCon Index — has reported earnings of $2.78 per share for its full 2015 calendar year to exceed the consensus Wall Street forecast by 2 cents. The Reston, Virginia-based government services contractor stated full-year net income as …

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Huntington Ingalls FY 2015, 4Q Earnings Below Wall Street Outlook; Full-Year Margin Hits Post-Northrop Spin Goal

Huntington Ingalls Industries (NYSE: HII) — one of 30 companies listed in Executive Mosaic’s GovCon Index — has reported earnings of $8.36 per share for the full 2015 calendar year to fall below Wall Street analysts forecasts of $8.99. Full 2015 net income rose 19.52 percent year-over-year to $404 million …

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Ulrich Finkenbusch Appointed to Head Lockheed’s German Arm

Lockheed Martin (NYSE: LMT) has appointed Ulrich Finkenbusch to head the company’s operations in Germany. Finkenbusch returns to Germany more than one year after a stint with Lockheed’s international business development team in the U.S., the company said Wednesday. He served as a principal foreign policy adviser for Germany’s Bundestag and focused on foreign …

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Reuters: Lockheed Drops Legal Challenge to Army JLTV Contract Award

Lockheed Martin (NYSE: LMT) has withdrawn a lawsuit it filed in federal court to challenge the U.S. Army‘s selection of Oshkosh Corp. (NYSE: OSK) for the $6.75 billion Joint Light Tactical Vehicle contract, Reuters reported Wednesday. Andrea Shalal writes that John Kent, a Lockheed spokesman, told Reuters the company made the decision after a “careful deliberation.” The U.S. Federal …

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ManTech Posts 8% Profit Jump for FY 2015, Yearly & 4Q Earnings Meet Wall Street Forecast

ManTech International (Nasdaq: MANT) — one of 30 companies listed in Executive Mosaic’s GovCon Index — has reported an increase of 8.1 percent in profit for its full 2015 calendar year and earnings figures for 12 months and the fourth quarter that meet Wall Street’s expectations. The Fairfax, Virginia-based technology …

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Former Lockheed Exec Howard Ruddell Now Social & Scientific Systems Corporate Devt EVP

Howard Ruddell, a former Lockheed Martin (NYSE: LMT) executive, was named the new Social & Scientific Systems executive vice president for corporate development. Ruddell has worked in the government professional services sector for more than 20 years and oversaw strategic planning, business development and operations for federal, state and local clients, SSS said …

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