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Tag Archives: govcon

Periscope Buys eSourcing Service Provider BidSync; Brian Utley Comments

Periscope Holdings has purchased BidSync, provider of cloud-based procurement and bid notification services for the public sector, for an undisclosed amount. Brian Utley,  president and CEO of Periscope Holdings, will lead the combined company and the transaction was completed on Monday,  Periscope said Wednesday. Utley said Periscope Holdings intends for the merger to continue delivering …

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December 10 Market Close: GovCon Index Tumbles, SAIC Jumps for 2nd Straight Day

The GovCon Index tumbled 2.055 percent — or 1.394 points — to close at 69.214 on a Wednesday that saw only two out of 30 companies on the index show gains: Science Applications International Corp. (NYSE: SAI) and Serco Inc. SAIC’s stock price increased for a second consecutive day after the company said its third-quarter revenue increased 2 …

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Tony Smeraglinolo: Engility to Continue ADS-B Technical Support at DOT’s Volpe Center

Engility Holdings (NYSE: EGL) has received a three-year, $66 million contract to continue helping the John A. Volpe National Transportation Systems Center develop and evaluate a satellite-based air traffic control system. The company will provide management, analysis and technical services for the Automatic Dependent Surveillance-Broadcast project, Engility said Wednesday. Tony …

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Harris to Build Satellite Weather Observation Receiver for NOAA; Romy Olaisen Comments

Harris Corp. (NYSE: HRS) will build a satellite weather observation receiver for the National Oceanic and Atmospheric Administration under a three-year, $20 million contract. The WxConnect products will be deployed across eight national weather service locations to process satellite weather observations from the Geostationary Operational Environmental Satellite R-Series rebroadcast and Japanese HimawariCast services, Harris said Wednesday. “These Harris …

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Airbus Inks Share Buyback Deal with Patrial; Marwan Lahoud Comments

Airbus Group has inked a share buyback agreement to sell all of its stake in the Finnish company Patria. Marwan Lahoud, chief strategy and marketing officer of Airbus Group, said Tuesday the sale of Airbus’ stake in Patria concludes the company’s portfolio review that began in early 2014 to set up its defense …

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Preferred Systems Solutions Buys Government Contract Solutions; Scott Goss Comments

Preferred Systems Solutions has looked to strengthen its intelligence, defense and civilian federal portfolios with its closed acquisition of Government Contract Solutions. PSS said Tuesday that GCS, a federal contracting service provider, has supported customers within the Department of Homeland Security and the intelligence community for 18 years. Scott Goss, PSS CEO, said the purchase aims …

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December 9 Market Close: GovCon Index Stalls as Concerns Over Greece, China Weigh on Market

The GovCon Index stayed largely flat Tuesday and recorded a tiny increase of 0.112 percent — or 0.079 points — to close a 70.609 on Tuesday in a mixed day across the major stock indices. Investors reacted to China’s decision to limit use of some bonds for loans and Greece’s new …

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Former USPS Official Charles McGann Joins CRGT as Chief Cyber Strategist; Tom Ferrando Comments

Charles McGann, formerly corporate information security officer at the U.S. Postal Service, has been named chief cyber strategist at CRGT and will focus on cybersecurity protection offerings for the federal market. “Chuck’s expertise will guide CRGT’s cyber strategy and assist in providing information assurance expertise to address our client’s mission …

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CenturyLink Buys Disaster Recovery Provider DataGardens

CenturyLink (NYSE: CTL) has acquired DataGardens, a provider of disaster recovery services, for an undisclosed amount in an effort to grow its cloud-based and on-premise offerings, Forbes reported Monday. Ben Kepes writes CenturyLink began to incorporate DataGardens into its cloud products and services in early 2014 and the acquisition wraps up that partnership. DataGardens was established in …

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Lee Aber Named ID.me Security, Risk Management VP

Lee Aber, a former director at cloud software firm Opower, has joined ID.me as vice president of security and risk management at the McLean, Virginia-based digital identity verification services company. The 20-year industry veteran will oversee incident response, security, vulnerability management and compliance programs in his new position, ID.me said …

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