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Tag Archives: govcon

May 23 Market Close: GovCon Index Hits 30 Day High and S&P Close to 2,400

The Executive Mosaic GovCon Index closed up for the fourth consecutive with the advancers outpacing the decliners 3 to 1. The GovCon Index reached 30 day high of 94.234, up 0.367 percent. All the U.S. indices were up on the day as the S&P500 came within 2 points of breaking 2,400. Markets …

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Leidos Secures SPAWAR Contract for Navy ISR Platform Support; Tim Reardon Comments

TYSONS CORNER, VA, May 23, 2017 — Leidos (NYSE: LDOS) will provide technical assessment, program definition and other technical services in support of a U.S. Navy intelligence, surveillance and reconnaissance platform under a $43 million contract, ExecutiveBiz reported Monday. The company said Monday the Space and Naval Warfare Systems Command Systems Center Atlantic …

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In-Q-Tel, Microsoft Invest in Cloud App Delivery Platform Developer

TYSONS CORNER, VA, May 23, 2017 — In-Q-Tel and Microsoft (Nasdaq: MSFT) are among the investors that participated in a $16 million funding round for cloud application delivery company Frame, ExecutiveBiz reported Monday. IQT said Wednesday Frame aims to utilize the funds to support further development of its cloud-native application delivery platform and …

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Raytheon Eyes Defense Tech Development, Capability Building in Saudi Arabia

TYSONS CORNER, VA, May 23, 2017 — Raytheon (NYSE: RTN) has entered into a partnership with state-owned Saudi Arabia Military Industries Company to pursue joint defense and technology development projects in areas such as smart munitions and defense systems cybersecurity, ExecutiveBiz reported Monday. The U.S. defense contractor said Saturday it will also …

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Leidos to Brief Potential Antarctic Infrastructure Modernization Subcontractors Through Industry Days

TYSONS CORNER, VA, May 23, 2017 — Leidos (NYSE: LDOS) seeks to connect with potential subcontractors for several projects under the National Science Foundation‘s Antarctic Infrastructure Modernization for Science program through two upcoming events, ExecutiveBiz reported Monday. NSF said Thursday the company’s Leidos Innovations Corporation subsidiary will host the first Industry Day on …

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CAE Updates Sea King Helicopter Simulator for Naval Airbase in Germany

TYSONS CORNER, VA, May 23, 2017 — CAE (NYSE: CAE) has concluded work to update the Sea King MK41 helicopter simulator of the German navy and facilitate its return to service at the Nordholz Naval Airbase, ExecutiveBiz reported Wednesday. The company said May 16 it added new features to the simulator such as the CAE …

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Lockheed, BAE Vet DeEtte Gray to Head CACI’s US Operations; Ken Asbury Comments

DeEtte Gray, formerly president of the intelligence and security sector at BAE Systems’ U.S. subsidiary, has joined CACI International (NYSE: CACI) as president of U.S. operations. CACI said Monday that she succeeds John Mengucci and will oversee the Arlington, Virginia-based government services contractor’s operations business groups in the U.S. with a focus on organic growth …

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Raytheon Awarded Potential $300M Navy Contract to Develop LCS Sonar Tech

Raytheon (NYSE: RTN) has secured a potential $300 million contract to design and build an anti-submarine technology for U.S. Navy personnel to locate and track enemy submarines from littoral combat ships. The Navy awarded the contract following the completion of a study and production assessment of Raytheon’s Variable Depth Sonar system, the company said Tuesday. …

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CGI Federal to Build Army’s Contract Writing System Under Potential $134M Award

CGI‘s (NYSE: GIB) federal business has received a potential $133.9 million contract to develop an enterprise-wide software platform for the U.S. Army to write, manage, execute or close out a contract. The Army Contracting Command announced the contract award in a FedBizOpps notice posted Monday. The service branch needs a contract writing and management system to …

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Rafael Lopez Joins Accenture’s Health & Public Service Practice as Managing Director

Rafael Lopez, a former division commissioner at the Department of Health and Human Services, has been named managing director of Accenture‘s (NYSE: ACN) health and public service practice in North America. Accenture said Tuesday Lopez will help develop strategy and offerings across the company’s child support, child welfare, public assistance and public health practices in his …

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