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October 19th Market Close: GovConIndex Closes Up and Major Indices Close Mixed

The Executive Mosaic GovCon Index (GCI) reversed its three consecutive days of decline to close up 0.150 percent to settle at 108.840. Advancing shares outpaced declining 18 to 12. The three major indices closed mixed for the day with the S&P500 and DJIA climbing to new highs. The S&P500 closed up 0.03 percent …

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Huntington Ingalls Names Matt Needy Newport News Shipbuilding Operations VP

Matt Needy, formerly vice president of the Virginia-class submarine program and fleet services at Huntington Ingalls Industries‘ (NYSE: HII) Newport News Shipbuilding division, has been appointed VP of operations at the same division. HII said Wednesday Needy will report to Newport News Shipbuilding President Jennifer Boykin and oversee trade, manufacturing, material …

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Dave Bolcar, Bill Smith Promoted to VP Ranks at HII Newport News Shipbuilding

Huntington Ingalls Industries (NYSE: HII) has promoted two executives to vice president roles at its Newport News Shipbuilding division as part of the company’s business transformation efforts in support of the U.S. Navy. Dave Bolcar, formerly director of the Columbia-class submarine program at the division, will serve as VP of submarine construction …

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Report: Army Taps 4 Firms for Patriot Radar Replacement Concept Design Contracts

The U.S. Army has awarded separate contracts to four companies to develop concept designs that will be used to determine the requirements for a new platform to replace its Patriot air-and-missile defense radar system, Defense News reported Wednesday. Contract recipients include Raytheon (NYSE: RTN), Lockheed Martin (NYSE: LMT), Northrop Grumman (NYSE: NOC) …

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Textron Systems to Build Strike Force Vehicles for Army Under $333M Contract

A business unit of Textron Systems (NYSE: TXT) has received a potential seven-year, $332.9 million contract to manufacture 255 mobile strike force vehicles for the U.S. Army. Textron’s marine and land systems business will also provide fielding hardware to the service branch and deploy field representatives to support deprocessing of systems, the Defense Department said Wednesday. …

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P.O.C. Recap – Space: Innovations, Programs & Policies Summit: Keynote Speaker Hon. Heather Wilson, 24th Sec. of the U.S. Air Force speaks

24th Secretary of the U.S. Air Force HEATHER WILSON on early US space programs: “…We built a glass house in a time of stones…” Land, air, sea–space. Space is becoming–has become–a contested domain for mankind and generations to come. The work done with the military across various agencies on integrating …

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October 18th Market Close: GovConIndex Closes Down While Major Indices Set New Highs

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 23,000 mark …

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ArchIntel Expands South East Asia Presence, Opening Second Office to Provide for Growth in Customer Base

TYSONS CORNER, VA, October 18, 2017 – ArchIntel, a provider of concise, highly customized actionable intelligence delivered daily to leaders in business and non-profit markets, today announced the opening of a second office in South East Asia. The decision comes in response to an increase in ArchIntel customers and the …

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SAIC to Help Cybercom Manage, Secure DoD Info Network Under Potential $93M Task Order

Science Applications International Corp. (NYSE: SAIC) has received a potential five-year, $93 million task order to help the U.S. Cyber Command operate and protect the Department of Defense Information Network. SAIC said Wednesday it will assist the Directorate of Operations (J3) Joint Operations Center and Special Programs in the planning of cyberspace operations and joint exercises …

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Angela Butler Joins Sevatec as Federal Civilian BD VP

Angela Butler, a more than 20-year government information technology market veteran, has been named vice president of business development for the federal civilian practice at national security services contractor Sevatec. Sevatec said Wednesday Butler will oversee strategic growth and strategy across Sevatec’s federal civilian accounts in her new role. She previously served as federal …

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