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Tag Archives: telecommunications

October 21 Market Close: GovCon Index Down, Posts 4th Straight Weekly Loss

Executive Mosaic’s GovCon Index held lower Friday as large-cap primes fell to offset a jump by Honeywell International (NYSE: HON) on that company’s in-line third quarter earnings as the GCI ended at its fourth straight weekly loss. GovCon Index laggers outnumbered advancers 2-to-1 in Friday trade and Honeywell was the GCI’s lone S&P 500-listed stock of …

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October 20 Market Close: GovCon Index Shows Small Decline for 2nd Straight Day, Textron Jumps as HII & Primes Weigh

Executive Mosaic’s GovCon Index closed slightly down for a second consecutive session Thursday as notable gains by Textron (NYSE: TXT) after third quarter earnings and CACI International (NYSE: CACI) were offset by declines in Huntington Ingalls Industries (NYSE: HII) and other large prime contractors. GovCon Index laggers outnumbered advancers at a 3-to-1 ratio …

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July 29 Market Close: GovCon Index Holds in Neutral, Ends July in Green

Executive Mosaic’s GovCon Index remained stuck in neutral range for a second consecutive session Friday as investors continued to gauge second quarter earnings reports from government contractors with additional statements due next week. The GovCon Index nudged down 0.065 points to 82.248, which puts the GCI at respective gains of 0.460 points for the …

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Neustar to Split In Two Independent Companies

Sterling, Virginia-based technology and analytics services provider Neustar (NYSE: NSR) will divide into two independent, publicly-traded companies with an intended timeline of one year to completion via a spinoff intended as tax-free. Neustar said Tuesday the two separate businesses will be one focused on information services with $470 million in 2015 …

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Army Awards Black & Veatch $70M Ballistic Missile Defense Program Support IDIQ

Black & Veatch has won a potential five-year, $70 million contract to perform architectural and engineering services for the U.S. Army’s ballistic missile defense program. The Defense Department said Thursday that Black & Veatch’s special projects business will carry out work through May 18, 2021, with funding and location based on each individual task order. The …

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April 14 Market Close: GovCon Index Descends to Loss in Afternoon Trade

The GovCon Index descended into narrow range in a choppy afternoon trading session Thursday and closed at a nominal decline of 0.093 points to 75.306 as U.S. investors paused to gauge markets’ rally over Tuesday and Wednesday. Financial shares posted a fifth-straight positive day on earnings from banks that exceeded Wall Street’s expectations. …

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Level 3 Communications’ David Young: Govt Procurement to Evolve as Tech Changes

TYSONS CORNER, VA, January 14, 2016 — David Young, vice president of federal government sales at Level 3 Communications (NYSE: LVLT), told ExecutiveBiz in an interview published Tuesday he believes government agencies will transition to more service-level agreements and company-owned/company-operated network environments. “It is interesting to see how the government will …

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DISA Awards $4B Telecom Network IDIQ to Eight GovCon Firms

The Defense Information Systems Agency has awarded eight companies spots on a $4.3 billion contract to develop telecommunications network services for defense information system transmission requirements. The companies will perform work outside of the continental U.S. through Dec. 20, 2025, if DISA exercises all options under the indefinite-delivery/indefinite-quantity contract, the Defense …

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Windstream Lands 9-Year Contract for GSA’s Green Buildings Initiative

Windstream will provide telecommunications services to the General Services Administration under a nine-year contract in support of a green building initiative run by GSA’s Public Buildings Service organization. The company said Wednesday the contract covers enterprise network services to more than 1, 000 GSA-owned facilities and properties. “We are excited to continue our strong relationship with …

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DISA Issues RFP for $4B Global Network Services Contract

The Defense Information Systems Agency has started to accept proposals for a potential 10-year,  $4.3 billion contract vehicle for telecommunications services to Defense Department users, C4ISR & Networks reported Monday. Amber Corrin writes the indefinite-delivery/indefinite-quantity Global Network Services contract will work to connect at least 1 million DoD users to a single global communications network …

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