Tag Archives: featured

January 12 Market Close: GovCon Index Falls, Investors Prep for Earnings Season

The GovCon Index started the week with a loss of 0.512 points — or 0.732 percent — to close at 70.483 on Monday. Investors showed concern over continued declines in oil prices and are preparing to watch the start of quarterly earnings reports, CNBC reports. Crude futures on the New York Mercantile Exchange …

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Chico Moline: Harris-nLogic Team to Support Defense Commissary Agency’s Network Infrastructure

A Harris Corp. (NYSE: HRS)-nLogic team has won a contract of undisclosed value to support the U.S. Defense Commissary Agency‘s domestic and oversees network operations. The companies will provide network communications services across seven distribution centers and 245 commissaries that deliver inexpensive groceries to U.S. military personnel, families and retirees, Harris …

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Bill Milligan Appointed CFO at Capstone; Rich White Comments

Bill Milligan, a three-decade financial management veteran and holder of the chief financial officer roles at companies over two decades,  has joined Alexandria, Virginia-based Capstone as CFO. Capstone said Friday Milligan is a former CFO from software, information technology and professional services companies such as FCi Federal, Blue Canopy and High Performance Technologies. Rich White, CEO at …

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Paul Falkler Promoted to Vistronix National Intell Sector President; John Hassoun Comments

Paul Falkler, corporate vice president for national intelligence programs at Vistronix, has been named president of the company’s national intelligence sector. He will lead the sector that delivers national security technology offerings designed to help intelligence agencies execute high-priority missions, Vistronix said Monday. “Paul has been on the cutting edge …

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Woolpert to Update Design of Schools for Military Children; David Ziegman Comments

Woolpert will continue its design and professional services for the Department of Defense Education Activity program under a new $10 million contract to support the 21st Century Education Initiative. The company said Thursday it will help the U.S. Army Corps of Engineers – Norfolk District and DoDEA Design Center renovate the primary and secondary schools for children of U.S. military …

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Bloomberg: Robert LeBlanc Named IBM SVP of Cloud Business

Robert LeBlanc, formerly senior vice president of IBM’s (NYSE: IBM) software and cloud services group, has been named SVP of the company’s cloud computing business unit, Bloomberg reported Thursday. Alex Barinka writes LeBlanc will report to CEO Virginia Rometty. Martin Schroeter, chief financial officer of IBM, said in an October earnings …

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January 9 Market Close: GovCon Index Retreats, Report Shows December Wage Decline

The GovCon Index ended the trading week with a slight decline of 0.306 points — or 0.433 percent — to close at 70.995 on Friday. For the week started Jan. 5, the index recorded a 0.516 percent increase and hit its second-ever largest closing figure for a trading week within the past three months. U.S. stocks …

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Dan Johnson: General Dynamics-Raytheon JV to Support USAF Launch Facilities

A joint venture of Raytheon (NYSE: RTN) and General Dynamics (NYSE: GD) will provide operations, maintenance and sustainment support for the U.S. Air Force‘s space launch ranges in Florida and California under a $1.5 billion contract. Raytheon said Friday Range Generation Next will support spacelift vehicle launches and tracking as well as aeronautical, ballistic …

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Turkey to Order Lockheed-Built F-35s, Boeing Chinook Helicopters

Turkey plans to purchase additional four Lockheed Martin (NYSE: LMT)-built F-35s through a foreign military sale agreement with the U.S. government, Daily Sabah reported Thursday. Prime Minister Ahmet Davutoglu said Turkey also wants to procure 100 F-35 fighters through 2030 as part of efforts to modernize the Turkish air force. …

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US Army Awards $185M for Radioactive Waste Mitigation Project

The U.S. Army has awarded 10 positions on a $185 million multiple-award contract to help government civilian and military agencies reduce their toxic and radioactive waste. The contractors will perform work under the indefinite-delivery/indefinite-quantity task order through Jan. 7, 2020, for the Army Corps of Engineers, N.W. Division and the Environmental …

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