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Tag Archives: L-3

July 10 Market Close: GovCon Index, US Stocks Surge on Investor Hope for Greece Deal

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The GovCon Index continued to rally from its Wednesday losses in Friday’s trading session to gain 1.246 percent and close at 75.617. U.S. stocks also extended their surge to a second consecutive day as investors showed optimism that a new economic proposal from Greece could show progress toward a deal ...

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July 7 Market Close: GovCon Index Gains, US Stocks Mixed as Greece Watch Continues

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The GovCon Index recovered ground from two days of losses to close with a gain of 0.411 points and end at 75.015. U.S. stocks closed slightly higher in a choppy day of trading that saw gains in commodities such as crude oil, copper and gold, the Wall Street Journal reported. Greece’s debt ...

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July 1 Market Close: GovCon Index Rebounds, US Stocks Climb on Greece Optimism

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The GovCon Index snapped its six-day streak of declines Wednesday with a gain of 0.563 points to close at 74.800. U.S. markets reacted to news that Greece and its Eurozone creditors have increased dialogue on a potential bailout proposal and talks will wait until after a Sunday referendum on an offer ...

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June 11 Market Close: GovCon Index Advances, US Stocks Nudge Up After Greece News

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The GovCon Index closed in positive territory for the second consecutive day Thursday with a gain of 0.485 points to 76.738. CNBC said U.S. stocks held onto gains made in the morning session despite investor worries over a Reuters report that quoted an International Monetary Fund spokesperson that said Greece and the ...

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20 Companies Win Spots on $8B NETCENTS-2 Infrastructure Services IDIQ

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Twenty companies have landed spots on a potential $7.9 billion contract to provide network operations and infrastructure support services across the U.S. Air Force enterprise. Contractors will compete to perform work during the three-year ordering period for this portion of the Network-Centric Solutions-2 program, the Defense Department said Friday. The ...

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L-3 Sells Sports TV Tech Business to Slate Capital Group; Parker Davis Comments

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Slate Capital Group has purchased sports television technology maker Broadcast Sports Inc. from L-3 Communications (NYSE: LLL) for an undisclosed amount. BSI will operate under the name Broadcast Sports International LLC after Slate Capital completes the acquisition and Peter Larsson will continue to lead the business, Slate Capital said Monday. Parker Davis, managing member ...

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April 16 Market Close: GovCon Index Stuck in Neutral, US Stocks Dip

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The GovCon Index recorded a nominal gain for the second consecutive trading day to the tune of 0.064 points for a closing figure of 76.092. U.S. stocks saw nominal losses despite gains in the oil market during the afternoon session and positive earnings reports from financial services firms Citigroup and Goldman Sachs, the ...

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Defense News: General Dynamics Ends Prime Role on Air Force T-X Trainer Program Pursuit

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General Dynamics (NYSE: GD) has decided to abandon the company’s pursuit for the U.S. Air Force’s T-X trainer replacement program as a prime contractor, Defense News reported Thursday. The company told the publication it made the decision after the information systems and technology group’s reorganization, which completed in January. Alenia Aermacchi originally partnered with ...

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Michael Basla, Former Air Force CIO, Appointed to SVP Role at L-3

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Michael Basla, a retired U.S. Air Force lieutenant general and a former chief information officer of the service, has joined L-3 Communications‘ (NYSE: LLL) national security solutions unit as senior vice president for strategic development. The company said Wednesday Basla will report to NSS President Les Rose and help oversee product development for L-3 NSS ...

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Matt Desch: Iridium Seeks to Expand Broadband Service Diversity Through Thales Partnership

Matt Desch

TYSONS CORNER, VA March 12, 2015 — Executive Mosaic — Executive Biz reported Wednesday on Iridium Communications’ partnership agreement with Thales allowing the latter to develop the Certus broadband service. Thales becomes the latest to join Iridium’s manufacturing partner network that also includes Rockwell Collins, L-3, ICG and Cobham SatCom, Iridium said ...

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