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Carl D’Alessandro, VP for Global Business Dev’t at Harris, Named to 2017 Wash100

Executive Mosaic, Tysons Corner, VA March 31, 2017 — Carl D’Alessandro, former president for critical networks at Harris Corp., has been selected for this year’s Executive Mosaic Wash100 for his leadership in air traffic control and communications. The Wash100 is the premier group of private and public sector executives selected by Executive …

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Harris, Avtec Enter Reseller Agreement on Public Safety Dispatch Consoles

TYSONS CORNER, VA, March 24, 2017 — A business unit of Harris (NYSE: HRS) has formed a strategic partnership with Avtec to resell the latter’s dispatch console system to public safety, energy, government and industry customers in North America, ExecutiveBiz reported Thursday. Avtec said Wednesday Harris’ public safety and professional communications division will …

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March 23 Market Close: GovCon Index and Markets Close Down on Delayed Healthcare Vote

Executive Mosaic’s GovCon Index moved down in lock step with the major U.S. markets. The major U.S. markets reversed their earlier gains to close down late in the day as the GOP delayed the vote on their healthcare bill. The Trump administration are still attempting to reach agreement with conservative Republicans …

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March 13 Morning Report: Positive February Jobs Data Move GovCon Index and Markets Up

Executive Mosaic’s GovCon Index followed markets to close up Friday after the release of strong February employment figures. The Labor Department’s monthly report showed employers added an above-forecast 235,000 positions in February, with the jobless rate dropping to 4.7 percent. Other strong indicators from the February report were a pickup in …

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March 10 Market Close: GovCon Index Up, While Markets Respond to Strong Jobs Data

Executive Mosaic’s GovCon Index closed up as major markets rebounded on strong February employment results. The Labor Department’s monthly report showed employers added an above-forecast of 235,000 positions in February, led by construction jobs and employment in the goods-producing industries. Other strong indicators from the February report were a pickup in …

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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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