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Tag Archives: labor department

AT&T Lands New Mobility Services Contract With Labor Dept Office; Rob Dapkiewicz Comments

TYSONS CORNER, VA, August 27, 2018 — AT&T (NYSE: T) will supply mobile devices and services to an office within the Labor Department under a new contract that builds on a previous award for mobility services to the department’s Wage and Hour Division, ExecutiveBiz reported Aug. 15. The company said …

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Report: IBM, Lockheed, Other Companies to Advise New White House Council on US Workforce

TYSONS CORNER, VA, July 20, 2018 — IBM (NYSE: IBM) and Lockheed Martin (NYSE: LMT) are among the companies that have been named to an advisory board for a new council co-led by Labor Secretary Alex Acosta and Presidential Adviser Ivanka Trump that focuses on the U.S. workforce, ExecutiveBiz reported Thursday. Bloomberg …

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A&M Capital Buys Majority Stake in CNSI

Alvarez & Marsal Capital has acquired a controlling interest in Rockville, Maryland-based health information technology systems provider CNSI for an undisclosed sum. Jack McCarthy, senior managing director and co-founder of A&M Capital, said in a statement published Wednesday CNSI’s proven results and technical leadership position the company for future growth …

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CNSI to Build Labor Dept’s Medical Bill Processing System Under Potential $166M Contract

Rockville, Maryland-based health information technology company CNSI has secured a potential seven-year, $166 million contract from the Labor Department to build and operate a centralized medical bill processing system for DOL’s office of workers’ compensation programs. Work on the contract will cover the receipt and evaluation of medical bills and …

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QTS Sets Up Hybrid IT Unemployment Insurance System for 4 States; David McOmber Comments

TYSONS CORNER, VA, Oct. 5, 2017 — QTS Realty Trust (NYSE: QTS) has provided a hybrid unemployment insurance processing system to Connecticut, Maine, Mississippi and Rhode Island in line with the Labor Department‘s call for practices that help streamline the workforce system, ExecutiveBiz reported Sept. 28. The company said Sept. 27 it …

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Leidos Subsidiary to Provide DOL Medical Personnel for DOE Health Benefits Program

TYSONS CORNER, VA, July 17, 2017 — A subsidiary of Leidos (NYSE: LDOS) will supply medical personnel to support an occupational health benefits program for the Energy Department under a potential $15 million contract with the Labor Department, ExecutiveBiz reported Friday. The company said Thursday QTC Management will hire physicians to serve as contract …

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February 6 Morning Report: GovCon Index Climbs on January Jobs Data, EO on Banking Regulations

Executive Mosaic’s GovCon Index registered a 0.893-percent gain Friday to 89.263 as gainers outnumbered decliners by a 4-to-1 ratio. Huntington Ingalls Industries (NYSE: HII) was GCI’s top net performer and Cubic Corp. (NYSE: CUB) the top percentage performer. Friday’s climb comes as U.S. stocks surged with the Labor Department‘s report of 227,000 new …

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January 17 Morning Report: GovCon Index Posts Gain on Defense Prime Stock Boost

Executive Mosaic’s GovCon Index closed Friday with a 0.464-percent climb to 88.863 as gainers outnumbered laggards at a 2-to-1 ratio with strong performances by defense prime stocks. L3 Technologies (NYSE: LLL) was GCI’s top net performer while Vectrus (NYSE: VEC) led the listed stocks in percentage gained. The Index’s rebound comes amid investor optimism …

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January 13 Market Close: GovCon Index Rebounds, Holds at Weekly Loss as Lockheed Halts 4-Day Slide

Executive Mosaic’s GovCon Index rebounded Friday with strong performances by defense prime stocks as U.S. stocks rose on investor optimism from quarterly earnings beats by large financial institutions and positive retail sales numbers from December. GovCon Index gainers outnumbered laggards by a 2-to-1 ratio and nine of its 11 S&P 500 stocks moved …

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