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Tag Archives: SAIC

March 21 Market Close: GovCon Index Posts Narrow Gain on Oil Rise; Tech Stocks Lift US Markets

The GovCon Index posted its fourth consecutive gain Monday by a narrow 0.074 points to 75.415 in a reversal from a sharp fall in mid-morning trade as oil prices rose and both technology and biotech stocks helped the major U.S. indices hold in positive at the close. Utility and material shares lagged …

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March 16 Market Close: GovCon Index Accelerates in PM After Fed Cuts Rate Hike Path; Vectrus Top GCI Gainer

The GovCon Index turned upward in the last two hours of trade Wednesday after the Federal Reserve announced it would baseline interest rates unchanged and closed at a gain of 0.599 points to 73.987. Index stock Vectrus (NYSE: VEC) led all gainers at 9.44 percent after the information technology and communications contractor posted earnings …

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Frank Wiercinski, Mike Kelly Appointed to Leadership Roles at Cubic’s Global Defense Segment

Frank Wiercinski, formerly a group vice president at Lockheed Martin (NYSE: LMT) and a retired U.S. Army lieutenant general, has joined Cubic (NYSE: CUB) as senior VP and managing director of its global defense segment’s operations in the Asia-Pacific region. He will manage the segment’s customer base in the APAC region and expansion strategy in the C4ISR and integrated …

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Weekly Roundup Feb. 29 – Mar. 4 2016: Former DoD Logistics Head to Steward PSC & more

Feb. 29 – Mar. 4 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Government services contractors gained a new leading voice and public advocate this week in the form of a nearly 35-year veteran with a diverse background that includes high-profile roles in …

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DoD Vet David Berteau Named PSC CEO

David Berteau, assistant secretary for logistics and materiel readiness at the Defense Department, has been appointed CEO of the Professional Services Council. His appointment is effective March 28 and comes six months after former CEO Stan Soloway resigned after 15 years of leadership at the trade organization that represents the government services industry, …

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Raytheon Vet Lynn Dugle Appointed CEO at Engility, John Hynes Named President

Lynn Dugle, a nearly 12-year veteran of Raytheon (NYSE: RTN), will join Chantilly, Virginia-based government services contractor Engility Holdings (NYSE: EGL) on March 21 as chief executive to succeed Tony Smeraglinolo, who has stepped down from the post after more than three years at the company. Dugle previously led Raytheon’s intelligence, information and services …

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Navy Taps 4 Firms for Systems Engineering, Logistics Support Contracts

Science Applications International Corp. (NYSE: SAIC), Booz Allen Hamilton (NYSE: BAH), G2 Software Systems and Kratos Defense & Security Solutions (Nasdaq: KTOS) have won separate contracts to provide technical support services for the U.S. Navy. Each of the three-year, multiple-award contracts contains two option years, the Defense Department said Monday.   SAIC …

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Pat Blevins Named General Dynamics IT Solutions Engineering Org VP; Marcus Collier Comments

Pat Blevins, formerly senior vice president of strategic growth at InfoZen, has been named vice president of the solutions engineering organization at General Dynamics’ (NYSE: GD) information technology business unit. Blevins will lead the organization that works to deliver platforms to industry and government clients in the areas of cybersecurity, cloud, …

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February 22 Market Close: GovCon Index Up on Strong Day For All Markets

The GovCon Index climbed significantly today closing at 72.232 up 1.114 percent, pulling itself out of correction. All three markets — the Dow Jones Industrial, S&P 500 and the Nasdaq Composite — all showed robust gains approaching 1.50 percent, with WTI crude oil closing up 6.21 percent to $31.48. As reported …

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February 22 Morning Report: GovCon Index Sees Slight Gain

The GovCon Index closed Friday with a gain of 0.066 percent to 71.436. Both the Dow Jones Industrial Average and S&P 500 saw slight declines following another oil price drop, while the Nasdaq Composite received a boost from Applied Materials (Nasdaq: AMAT) and technology stocks to end the day in the positive.   Top …

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