Tag Archives: government

IBM Vet David McOmber Joins QTS as Public Sector, Federal Sales Head

David McOmber, a two-decade IBM (NYSE: IBM) veteran and a former vice president in Big Blue’s federal business, has joined data center and cloud computing services contractor QTS Realty Trust (NYSE: QTS) as executive VP of public sector and federal sales. QTS said Monday McOmber will also work to build relationships across its …

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KBR Unveils Rebranded Wyle as $570M Acquisition Closes

KBR (NYSE: KBR) has closed the $570 million purchase of government engineering and technical services contractor Wyle, which will operate under the name of KBRwyle within the parent company’s government services segment. KBR CEO Stuart Bradie said Tuesday the company expects government services revenue to total $2 billion per year post-acquisition and have …

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Mike Lawrie to Step Down as CSRA Board Chairman in August Ahead of CSC-HPE Enterprise Segment Combination

Computer Sciences Corp. (NYSE: CSC) CEO Mike Lawrie said Thursday he will step down from his roles as chairman and a member of the board of directors at the government technology services spinoff CSRA (NYSE: CSRA) August 9. Lawrie announced his departure from the CSRA board approximately one month after CSC announced its …

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Cybercom’s Kevin McLaughlin: Human Capital Key to Partnerships With Industry

U.S. Cyber Command‘s efforts to build greater partnerships with the private sector should include a human capital component to build up skill sets and experience in both the public and private sectors, Cybercom’s second-ranked officer told the Potomac Officers Club Wednesday. Air Force Lt. Gen. Kevin McLaughlin, Cybercom’s deputy leader since August …

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Larry Prior: CSRA to Watch for ‘Strategic Opportunities’ From CSC-HPE Deal, Targets $16B in FY 2017 Bids

Government technology services contractor CSRA (NYSE: CSRA) will observe the merger of its former parent Computer Sciences Corp. (NYSE: CSC) with Hewlett Packard Enterprise‘s (NYSE: HPE) enterprise services segment for any potential opportunities, CSRA CEO Larry Prior told investors Wednesday. Falls Church, Virginia-based CSRA entered the market in November 2015 …

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Mike Lawrie: CSC Has ‘All Options’ on Table for HPE’s US Public Sector Arm Post-Merger

Computer Sciences Corp. (NYSE: CSC) CEO Mike Lawrie told investors Tuesday the company will consider an undefined range of options regarding Hewlett-Packard Enterprise‘s (NYSE: HPE)’s U.S. public sector business in conjunction with CSC’s merger into HPE’s enterprise services segment. Tysons, Virginia-based CSC is subject to a two-year non-compete agreement in the federal government field …

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AECOM 2Q Revenue Below Street Forecast on Energy Market Downturn, Earnings Top Analyst Outlook

AECOM Technology (NYSE: ACM) — one of 30 companies listed in Executive Mosaic’s GovCon Index — has reported second quarter revenue below Wall Street’s forecasts on a downturn in construction sales to energy sector customers as earnings topped analyst expectations. The Los Angeles-based engineering and construction contractor said revenue for the January-March period …

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Rockwell Collins Posts 8.9% Profit Bump for 2Q, Sales Below Street Outlook

Rockwell Collins (NYSE: COL) — one of 30 companies listed in Executive Mosaic’s GovCon Index — has reported second quarter earnings of $1.30 per share to exceed Wall Street’s expectations by 1 cent as revenue fell $20 million short of the consensus analyst outlook. The Cedar Rapids, Iowa-based aviation technology …

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NTT Data Inks $3.05B Deal for Dell’s IT Consulting, Services Unit

A subsidiary of Japan-based conglomerate Nippon Telegraph & Telephone (NYSE: NTT) has agreed to purchase the information technology services and consulting business of Dell for $3.05 billion as part of a push to expand further into new geographic markets such as the U.S. The companies did not disclose a timeline for …

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CSRA 3Q Earnings Above, Revenue Below Street Outlook; Larry Prior Forecasts Increased Cloud & Big Data Activity

CSRA (NYSE: CSRA) — one of 30 companies listed in Executive Mosaic’s GovCon Index — has reported earnings that exceeded Wall Street estimates and revenue below analyst expectations for the third quarter of its 2016 fiscal year and its first financial results statement as a publicly-traded company. The federal technology …

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