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Tag Archives: Harris

Air Force Awards $925M in Cryptographic & Info Assurance Tech Support IDIQs

The U.S. Air Force has awarded 12 companies spots on a pair of contracts worth up to $925 million combined over 10 years for lifecycle support and analysis of cryptographic and information assurance platforms. Seven firms will vie for materiel solutions analysis, technology maturation and risk reduction, engineering and manufacturing development, production and product support tasks under …

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February 15 Market Close: GovCon Index & US Stocks Further Extend Record Highs

Executive Mosaic’s GovCon Index and all three major U.S. stock indices moved further into record-high territory Wednesday after President Donald Trump repeated his plans to cut taxes and simplify the tax code after a meeting with retail company executives. GovCon Index advancers outnumbered decliners by a 9-to-1 ratio as nine of …

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Veritas Capital Raises $3.6B for Future Investment in Midmarket Tech Companies

Veritas Capital has raised $3.55 billion to fund future investments in technology-focused middle-market companies that support government-related and commercial organizations across various sectors. The private equity investment firm said Wednesday Veritas Capital Fund VI, which exceeded the target hard cap of $3 billion in four months, could go to investments in sectors such …

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Japan Meteorological Agency Releases 1st Photo by Harris-Built Weather Satellite Imager

TYSONS CORNER, VA, Feb. 8, 2017 — Japan’s meteorological agency has released the first photo captured by the Harris-built (NYSE: HRS) imager onboard the country’s Himawari-9 weather satellite, ExecutiveBiz reported Tuesday. The Advanced Himawari Imager is equipped with 11 additional spectral bands and a higher resolution to help bolster the quality, speed and …

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January 30 Morning Report: GovCon Index Gets Boost From General Dynamics’ Positive 3-Year Sales Outlook

Executive Mosaic’s GovCon Index posted a 0.257-percent gain to 88.929 Friday despite decliners outnumbering gainers by a 2-to-1 ratio as General Dynamics (NYSE: GD) recorded an all-time high on a positive three-year sales outlook. General Dynamics, which was GCI’s top net and percentage performer, said in an earnings call it expects revenue to increase 5.6 …

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Weekly Roundup January 23 – January 27 2017: Meet Our 2017 Wash100 Inductee Class & more

Weekly Roundup January 23 – January 27 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson It is that time of year again: the time for Executive Mosaic to reveal the executives our editorial and organizational leadership see as the Most Influential Leaders and …

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Harris to Sell Govt IT Services Business to Veritas Capital for $690M

Harris Corp. (NYSE: HRS) has agreed to sell its government information technology services business to private equity investment firm Veritas Capital for approximately $690 million in the military radio maker’s second major divestiture over less than one month as part of its larger portfolio reshaping effort. The deal comes approximately three weeks …

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NOAA Releases 1st Image From Harris-Built Camera on Lockheed’s GOES-16 Satellite

TYSONS CORNER, VA, Jan. 25, 2017 — The National Oceanic and Atmospheric Administration has released the first image captured by a Harris-built (NYSE: HRS) digital camera onboard the Lockheed Martin-produced (NYSE: LMT) Geostationary Operational Environmental Satellite-16, ExecutiveBiz reported Tuesday. The weather satellite’s Advanced Baseline Imager took a picture of the Earth’s western hemisphere …

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January 24 Market Close: GovCon Index Advances With Boeing Lift, Lockheed Drags on Dimmed Guidance & Sikorsky Material Weakness

Executive Mosaic’s GovCon Index traded higher Tuesday on a lift from Boeing (NYSE: BA) and government services stocks as Lockheed Martin (NYSE: LMT) fell after the defense contractor reported material weaknesses related to internal controls for financial statements at its Sikorsky helicopter subsidiary. All three major U.S. stock indices also advanced as the S&P …

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Harris to Build Narrowband Soldier Radio Waveform for DoD

TYSONS CORNER, VA, Jan. 17, 2017 — Harris (NYSE: HRS) has received a three-year contract from the National Spectrum Consortium to build a narrowband configuration of the Defense Department‘s open-standard voice and data waveform, ExecutiveBiz reported Friday. The company said Wednesday the narrowband mode for the Soldier Radio Waveform will work to extend the …

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