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Bruce Caswell, president of Maximus (NYSE: MMS) and general manager of the company’s health services segment, has been selected by the board of directors to serve as CEO of the Reston, Virginia-based government services contractor in a move that takes effect April 1. Caswell will succeed the retiring Richard Montoni, who will conti...

The General Services Administration has awarded 61 companies positions on a potential 10-year, $50 billion governmentwide acquisition contract for information technology products and services. GSA said in a FedBizOpps notice posted Friday the award is for the unrestricted portion of the Alliant 2 GWAC that has a base term of five years a...

GovCon Wire is changing its coverage of the GovCon Index and major indices. GovCon Wire will now be providing weekly performance analysis instead of the daily for the GovCon Index, S&P 500, Dow Jones Industrial Average and NASDAQ Composite. In reviewing the past weeks market performance the Executive Mosaic GovCon Index (...

After six days of downward direction, the Executive Mosaic GovCon Index (GCI) reversed its direction to close up 0.807 percent to 108.070. The GCI had several stocks close up more than 2 percent, including KBR, Vextrus, Harris Corp., Maximus Inc., and McKesson Corp. Advancing shares outpaced declining 2 to 1. The three major ...

The Executive Mosaic GovCon Index (GCI) closed up for a second day to 109.782 up 0.833 percent. Advancing shares outpaced declining 5 to 1. The three major indices all closed up to set new record highs as the Trump administration draws closer to passing a new tax plan. The S&P500 closed up 0.51 percent to 2,57...

The Executive Mosaic GovCon Index (GCI) closed down for the third consecutive day to settle at 108.573 off 0.175 percent. Advancing shares outpaced declining 17 to 13. The three major indices all closed positive setting new record highs. The S&P500 closed up 0.07 percent to 2,561.26, while the DJIA topped the ...