September 19 – September 23 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson KBR™s expansion move into the U.S. and global government services markets became official on Monday when the Houston-based engineering company closed its $300 million purchase of the busin...
TYSONS CORNER, VA, Sept. 23, 2016 ” SOS International has promoted Mike Franz, director of business development, to vice president for business development as Jim Edwards moves on to take a job with the U.S. government, GovCon Executive reported Thursday. The company said Thursday Franz has worked with Leidos (NYSE...
Leidos‘ (NYSE: LDOS) Abacus Innovations Australia subsidiary has secured an estimated $418.7 contract from Australia’s defense department to provide computer equipment and accessories as well as centralized processing services to the country’s chief information officer group, ARN reported Friday. Leon Spenc...
Executive Mosaic’s GovCon Index rose for a second straight session Thursday to extend gains on the Federal Reserve‘s Wednesday decision to leave interest rates unchanged on a mix of contributions from large defense platform makers and services-oriented contractors. Thursday also represented the GovCon Index’s first day of...
Executive Mosaic’s GovCon Index rose Monday in an attempt to close above the 80-point barrier for the first time since Sept. 12 on gains by large defense primes and services-oriented companies. The GCI’s positive movement contrasted activity in U.S. financial markets as stocks turned south in the final hour of trade a...
Leidos (NYSE: LDOS) has secured a potential five-year, $777 million task order through the General Services Administration‘s One Acquisition Solution for Integrated Services contract vehicle to provide support for the Army Geospatial Center’s geospatial information program. The company said Monday its team will gather, pro...
Seven companies have won separate potential five-year contracts to provide technology integration, cyberspace science, research and engineering support to the U.S. Navy. Each of cost-reimbursement contracts have a base term of three years with an additional two-year option and the Navy’s Space and Naval Warfare Systems Center Pacific...
The GovCon Index rallied Thursday to extend its current stretch of volatility into a fifth straight session as large primes and S&P 500-listed contractors led advancers in conjunction with gains in the larger U.S. stock market on economic data traders view as a factor against a September interest rate hike. The GovCon Index has ad...
September 6 – September 9 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson With summer official coming to a close and the nation celebrating Labor Day we see the government contracting community returning to their normal schedules. With the federal budget year ending on Sept...
Science Applications International Corp.’s (NYSE: SAIC) chief executive told investors Thursday he expects consolidation among government services contractors to continue as companies continue to pursue portfolio reshaping initiatives. SAIC itself was a player in the GovCon services consolidation wave through the $790 million acquisition of Sc...
