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Tag Archives: featured

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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Ken Asbury: CACI to Collaborate With JIEDDO on Asymmetric Threat Defense

CACI International (NYSE: CACI) has received a potential $149 million task order to work with the Defense Department‘s Joint Improvised Explosive Device Defeat Organization on how to defend against asymmetric threats. CACI said Wednesday it received the task order via the General Services Administration‘s Federal Systems Integration and Management Center to help JIEDDO’s Special Operations Forces Support Team …

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Lynn Dugle: Raytheon Buys Blackbird Technologies to Further ISR, Cyber Defense Work

Raytheon (NYSE: RTN) has bought Blackbird Technologies for approximately $420 million in a move aimed at growing Raytheon’s cybersecurity, ISR and special operations technology offerings. Herndon-based Blackbird will operate under Raytheon’s intelligence, information and services business organization, Raytheon said Wednesday. “Blackbird Technologies is a strong fit for Raytheon and enhances …

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Bechtel, CH2M Hill, PwC Awarded UK Managed Service Provider Contracts

The U.K. defense ministry has selected three companies to provide defense equipment and support services to the country’s military under the ministry’s 10-year, $261.7 billion armed forces equipment program. Bechtel won a contract on air and fleet support, CH2M Hill on land and joint enabler areas and PwC on human resource services, the ministry said Tuesday. “The …

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Balaji Yelamanchili, Jeff Scheel Join Symantec Security Group’s VP Ranks

Balaji Yelamanchili and Jeff Scheel, respectively former vice presidents at Oracle (NYSE: ORCL) and FireEye (NASDAQ: FEYE), have been appointed to senior leadership roles at Symantec‘s (NASDAQ: SYMC) security business unit. Symantec said Tuesday Yelamanchili will serve as executive VP and general manager of enterprise security products and Scheel will …

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November 5 Morning Report: GovCon Index Up on Tuesday’s Close

The GovCon Index closed Tuesday at 68.521, slightly up 0.082 or 0.120 percent. U.S. stocks ended mixed on the back of anxious investors over the congressional elections and an oil price drop, CNBC reported Tuesday. The Dow Jones Industrial Average went up 17.60 points, or 0.1 percent, to 17, 383.84, while …

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Exelis to Repurchase Up to $350M in Shares Over 2-Year Period

Exelis (NYSE: XLS) plans to repurchase its outstanding common stock worth as much as $350 million following the board of directors’ approval of a two-year share repurchase program. The company said Tuesday it will repurchase an undefined number of shares at any time within the period ending Nov. 4, 2016, based on federal securities legislation and …

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Exclusive: Jim Lawler Joins ICF as SVP, Chief HR Officer

Jim Lawler, formerly chief human resource officer at TASC for four years, has joined ICF International (NASDAQ: ICFI) as chief HR officer and will also serve as a senior vice president at the company, ICF has confirmed to GovCon Wire. “I came to ICF because of the energy here, the company’s proven ability to …

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Booz Allen Arm to Help Air Force Wing Develop, Test C4ISR Tools; Lee Wilbur Comments

A Booz Allen Hamilton (NYSE: BAH) subsidiary has won a $53 million contract to provide systems engineering services in support of the U.S. Air Force‘s C4ISR development and maintenance work at a Florida-based test and evaluation center. Booz Allen Hamilton Engineering Services LLC will deliver technical, engineering and research management support to the 96th Test Wing at …

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