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May 11 Market Close: GovCon Index,  US Stocks Hover in NeutralFinancial Report

May 11 Market Close: GovCon Index, US Stocks Hover in Neutral

The GovCon Index mirrored slight across-the-board declines in U.S. stocks Monday to record a nominal loss of 0.037 points and closing figure of
Abry Buys Program Mgmt Software Firm Compusearch; Reid Jackson CommentsM&A Activity

Abry Buys Program Mgmt Software Firm Compusearch; Reid Jackson Comments

Boston-based investment firm Abry Partners has purchased acquisition and program management technology provider Compusearch from an Arlington Capital Partners–JMI Equity alliance for
Army Picks 9 Firms for $995M Info Engineering Services IDIQContract Awards

Army Picks 9 Firms for $995M Info Engineering Services IDIQ

The U.S. Army has awarded positions on a three-year, $994, 675, 676 contract to nine companies for technical information engineering
Joseph Brown to Lead VSE’s Federal Services GroupExecutive Moves

Joseph Brown to Lead VSE’s Federal Services Group

Joseph Brown, a 19-year veteran of VSE Corp. (NASDAQ: VSEC), has been promoted to president of the company’s federal services
Army Chooses 14 Firms for $1.5B Energy Mgmt Services IDIQContract Awards

Army Chooses 14 Firms for $1.5B Energy Mgmt Services IDIQ

Fourteen companies will compete to design, build and operate energy-conservation systems for the U.S. Army under a potential nine-year, $1.5
Army Taps General Electric to Provide Turboshaft Engines to TaiwanContract Awards

Army Taps General Electric to Provide Turboshaft Engines to Taiwan

General Electric‘s aviation arm will provide its T700 701D/401C turboshaft engine for military aircraft under a $2 billion foreign military sales contract
May 8 Market Close: GovCon Index,  US Markets Rally 1% on Jobs ReportFinancial Report

May 8 Market Close: GovCon Index, US Markets Rally 1% on Jobs Report

The GovCon Index recovered an entire week’s worth of losses Friday with a rally of 1.046 percent to close at 73.943.
Constellis,  Olive Group to Merge in Security Business StrategyM&A Activity

Constellis, Olive Group to Merge in Security Business Strategy

Constellis Group has agreed to merge with Olive Group in a bid to grow both companies’ risk management, security and
Randy Wotring: DOE Extends AECOM JV’s Savannah River Site Waste Mgmt ContractContract Awards

Randy Wotring: DOE Extends AECOM JV’s Savannah River Site Waste Mgmt Contract

A joint venture led by AECOM (NYSE: ACM) will continue to perform solid waste management work with the Energy Department for
State Dept Clears US’ $130M Lockheed F-16 Upgrade Deal with SingaporeContract Awards

State Dept Clears US’ $130M Lockheed F-16 Upgrade Deal with Singapore

Lockheed Martin (NYSE: LMT) will modernize Singapore’s F-16 Block 52 aircraft fleet after the State Department approved a potential $130 million