The GovCon Index had all of its Wednesday gains wiped out in Thursday trade with a sharp decline of 1.482 percent to 76.842 after a third-quarter revenue miss and guidance cut from government services contractor CACI International (NYSE: CACI). Arlington, Virginia-based CACI brought down the high ends of both its full-year earnings and revenue ...
Arlington, Virginia-based government services contractor CACI International (NYSE: CACI) narrowed revenue forecasts for its 2016 fiscal year on delays to contract awards as some bookings arrived late in its third fiscal quarter that ended in March, CEO Ken Asbury told investors Thursday. As GovCon Wire reported Wednesday, CACI cut the high end of it...
Fairfax, Virginia-based government services contractor ManTech International (NASDAQ: MANT) exceeded the consensus analyst estimate for first quarter earnings and revenue, while Arlington-headquartered CACI International (NYSE: CACI) missed Wall Street’s sales outlook for its fiscal third quarter. Both companies a...
The GovCon Index held against choppy trading activity in U.S. markets during the afternoon session Friday to close at a gain of 0.387 points to 76.369 and notch its second consecutive week in the positive. Friday also marks the Index’s seventh weekly gain over the last eight in a stretch that has seen it climb nea...
April 18 – April 22 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Corporate earnings season is underway for the first quarter and gives an opportunity for investors to gauge the financial health and performance of the world’s largest defense and government...
John Johns, a former vice president from Six3 Systems and business development executive at other GovCon companies, has joined Hanover, Md.-based cyber and geospatial services company KEYW Corp. (Nasdaq: KEYW) as vice president of BD and account executive for national agencies. KEYW said Tuesday it appointed the 25-year...
The GovCon Index bounced back from its early morning decline at the open to close at a gain of 0.522 points to 76.214 as both stock and commodities markets seemed to move past news that major oil suppliers did not agree on a production freeze at their Doha meeting over the weekend. The Index opened nearly one-quarter...
TYSONS CORNER, VA, April 12, 2016 ” The National Association of Corporate Directors, with support from partners CACI International (NYSE: CACI) and KPMG, has named the latest graduates of its program that aims to help transition soldiers to the private sector, GovCon Executive reported Monday. NACD said Monday retired Air Force M...
The GovCon Index erased two days of losses with a gain of 1.183 percent to a one-month high close of 74.769 Wednesday as U.S. markets reacted to the Federal Reserve‘s April meeting minutes that showed some hesitance by policymakers over whether to raise interest rates in April. Healthcare stocks in the S&P 500 composite inde...
TYSONS CORNER, VA, March 30, 2016 ” CACI International (NYSE: CACI) will seek to provide geospatial analytic support to U.S. geographic combatant commands under a $180 million contract awarded by the U.S. Special Operations Command in early March, GovCon Executive reported Monday. The company said Monday the five-year contra...
