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Tag Archives: Navy

February 27 Morning Report: GovCon Index Gets Boost as Trump Reaffirms Military Buildup Plan

Executive Mosaic’s GovCon Index posted a 0.625-point climb Friday to record a fourth consecutive weekly gain as defense stocks received a boost from President Donald Trump’s reiteration of his presidential campaign pledge to build up the military. GCI advancers outnumbered decliners by a 4-to-1 ratio with Huntington Ingalls Industries (NYSE: HII) …

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February 24 Market Close: GovCon Index Up, Records 4th Straight Weekly Gain

Executive Mosaic’s GovCon Index closed higher Friday to end its fourth straight weekly gain as investors eyed defense stocks after President Donald Trump repeated his election campaign pledge to build up the military during a speech in Washington. U.S. equities also posted narrow gains and the benchmark S&P 500 composite index ended the …

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Weekly Roundup February 21 – February 24 2017: STG Starts Next Chapter w/ Intell-Focused Buy & more

Weekly Roundup February 21 – February 24 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson STG Group announced the next step in its journey as a publicly-traded government contractor this week with its first acquisition since the company started to offer its shares …

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Navy Taps 4 Companies for ICT Equipment Supply Contracts

The U.S. Navy has selected four companies to supply a range of information communication technology equipment under low-, medium- and high-risk categories. The Defense Department said Thursday Cypher Analytics and CyberCore Technologies each won a potential $47.5 million contract and that both companies can vie for delivery orders under all risk categories. ALOM Technologies …

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February 22 Market Close: GovCon Index Flat, S&P 500 Dips After Fed Minutes

Executive Mosaic’s GovCon Index held flat as the U.S. stock bellwether S&P 500 composite index traded narrowly lower Wednesday after the most recent Federal Reserve meeting minutes indicated a desire among many policymakers to raise interest rates “fairly soon.” GovCon Index advancers slightly edged decliners 16-14 as seven of its 11 S&P 500 components closed green with Huntington …

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STG Makes Intell Community Push Through $119M Deal for Preferred Systems Solutions

Reston, Va.-based government technology services contractor STG Group has agreed to acquire software engineering and computing provider Preferred Systems Solutions for $119 million in a push to add new footprints in the intelligence community and other national security agencies. STG said Tuesday it expects to close the transaction by the end of March pending …

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3 Firms Awarded $65M in Navy Medical Record Service Contracts

The U.S. Navy has awarded SDV International, Standard Technology and Technology, Automation & Management separate contracts worth potentially $65 million in total to provide a range of medical documentation services. Task orders will include medical record coding, auditing and training services as well as clinical documentation improvement specialist support, the Defense Department said Tuesday. The small …

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Weekly Roundup February 6 – February 10 2017: How to ‘Like’ This Year’s Wash100 Class & more

Weekly Roundup February 6 – February 10 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson We are two weeks into the rollout of Executive Mosaic’s fourth annual Wash100 class of inductees and this year’s edition has been our highest-profile yet with increased reader …

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Retired Navy Officer Gary Rosholt Joins L3 as VP for Mideast Operations; Michael Strianese Comments

Gary Rosholt, a retired U.S. Navy rear admiral and former U.S. Special Operations Command Central deputy commanding general, has joined L3 Technologies (NYSE: LLL) as vice president for Middle East operations. He will be oversee L3’s business across Saudi Arabia, the United Arab Emirates and other locations in the Middle East and help explore new …

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Navy Receives 1st General Dynamics-Built Arleigh Burke-Class ‘Restart’ Ship

TYSONS CORNER, VA, Feb. 8, 2017 — The U.S. Navy has accepted the first guided-missile destroyer constructed by General Dynamics‘ (NYSE: GD) Bath Iron Works subsidiary under the military branch’s restart of the Arleigh Burke-class ship development program, ExecutiveBiz reported Tuesday. The Navy said Monday the future USS Rafael Peralta recently completed at-sea and pier-side tests for …

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