Tag Archives: New York Stock Exchange

Parsons (NYSE: PSN) is selling 18,518,500 shares of common stock at a target price of $26 to $28 per share through an initial public offering. The company said Monday it expects to grant underwriters a 30-day option to buy up to 2,777,775 additional shares. BofA Merrill Lynch, Morgan Stanley and …

Perspecta has begun to trade under the ticker symbol “PRSP” on the New York Stock Exchange after it finalized its separation from DXC Technology (NYSE: DXC) and subsequent merger with Vencore and KeyPoint Government Solutions. The independent publicly traded combined company has 14,000 employees and $4.2 billion in pro-forma revenues, Perspecta said Friday. …

DXC Technology’s (NYSE: DXC) board of directors has scheduled May 25 as the record date for the planned spinoff of its U.S. public sector business as a separate, publicly traded company that will operate as Perspecta. DXC said Monday it also set a May 31 date for the distribution of Perspecta …

MacDonald, Dettwiler and Associates has closed its approximately $3.6 billion acquisition of DigitalGlobe to create a new company that will work to provide integrated satellite, imagery and geospatial services to the commercial and government markets. MDA said Thursday the newly combined entity will be renamed Maxar Technologies Ltd. and temporarily trade on the …

The Committee on Foreign Investment in the U.S. has completed its review of the proposed $3.6 billion acquisition of DigitalGlobe (NYSE: DGI) by Canada-based MacDonald, Dettwiler and Associates. MDA said Thursday it secured clearance from the New York Stock Exchange to list and trade its common shares on NYSE under the ticker symbol “MDA” …

Vencore on Wednesday filed with the Securities and Exchange Commission for an initial public offering to raise as much as $250 million. Chantilly, Virginia-based Vencore is led by Mac Curtis and provides cybersecurity, data management and systems support to U.S. federal civilian, intelligence and defense agencies. Curtis, an inductee into Executive Mosaic‘s Wash100 for …

Computer Sciences Corp. and Hewlett Packard Enterprise‘s (NYSE: HPE) enterprise services division have officially launched DXC Technology (NYSE: DXC) to offer a range of information technology services to public and private sector clients. DXC’s management team rang the opening bell Monday on the New York Stock Exchange to mark the first trading day for the company. CSC …

L-3 Communications (NYSE: LLL) will transition to the new name of L3 Technologies on Dec. 31 in an effort to reflect the New York City-based defense contractor’s repositioning as a provider of technology products. The company will also transition its portal to the new address L3T.com and update the corporate logo while its New …

August 1 – August 5 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Government contracting’s M&A and financial aspects took center stage again this week and GovCon Wire hit on all the major events as Executive Mosaic’s home of market-moving news for the sector. …

Three government contractors listed in Executive Mosaic’s GovCon Index reported second quarter financial results before U.S. markets opened Wednesday. Raytheon (NYSE: RTN) and L-3 Communications (NYSE: LLL) both lifted full-year earnings and revenue guidance Thursday on second quarter results that topped the consensus analyst outlooks for each figure. Raytheon cited sales of its Paveway …