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Tag Archives: SAIC

April 27 Market Close: Little Change in GovCon Index, S&P500, DJIA; NASDAQ Closes Record High

The Executive Mosaic GovCon Index closed up slightly 0.252 percent to 93.319 with advancers and decliners evenly split. In the major market the S&P500 and DJIA were up modestly 0.06 percent and 0.03 percent respectively. The NASDAQ at a record high of 6,048.94. At market close WTI fell by $0.65 to $48.97 …

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April 24 Market Close: GovCon Index and Markets Surge On French Election Results

The Executive Mosaic GovCon Index followed advancing global markets to close at a 30 day high of 91.881, up 1.437 percent. Global markets surged with major U.S. indices up over 1.0 percent  on French election results. There are strong indication that Emmanuel Macron (a centrist) will win the June runoff against Marine …

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BAE Systems Exec Peder Jungck Named President of Cyber Info-Sharing Org

Peder Jungck, chief technology officer of BAE Systems‘ intelligence and security business, will serve as president of a nonprofit industry organization that aims to facilitate cyber threat information sharing and collaboration in the technology sector. The company said Tuesday Jungck will lead the Information Technology – Information Sharing and Analysis Center as …

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April 17 Market Close: GovCon Index and Markets Rebound Strongly From Last Week

The Executive Mosaic GovCon Index turned in better than 1 percent gain on the day as advancing stocks closed 29 to 1 versus decliners. With the European markets closed the U.S. markets all closed strongly as investors geopolitical concerns dampened. At market close WTI was down $0.57 to $ 52.61 per barrel …

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PAR Technology Names Independent Director Donald Foley as President, CEO

Donald Foley, a 35-year government technology market veteran and an independent member on PAR Technology‘s (NYSE: PAR) board of directors, has been named president and CEO of the New York-based contractor. Foley said Thursday he aims to execute a strategy for PAR to grow its portfolio of cloud offerings and build on the …

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SAIC Sets Summer Launch for Tech Integration Hub in Tennessee; Tony Moraco Comments

TYSONS CORNER, VA, April 10, 2017 — Science Applications International Corp. (NYSE: SAIC) is set to open a Technology Integration Gateway facility in Cookeville, Tennessee, this summer in order to provide information technology support to federal, local and state civilian and defense agencies as well as commercial firms, ExecutiveBiz reported Wednesday. The Tennessee Department …

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SAIC CEO Tony Moraco Reports Company’s Outlook Amid Federal Budget Priorities

TYSONS CORNER, VA, April 7, 2017 — Tony Moraco, CEO of Science Applications International Corp. (NYSE: SAIC), has said the company is poised to address the federal government’s needs in training and simulation, information assurance, enterprise IT and platform integration in the current budget environment, ExecutiveBiz reported Monday. “While federal government macro-level …

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April 4 Market Close: GovCon Index and Markets Close Slightly Positive

The Executive Mosaic GovCon Index and major markets all closed slightly up as investors remain cautious about the state of the economy. Investors await the outcome of President Trumps meeting with Xi Jinping of China, the jobs report on Friday, and the release of the first quarter earnings results. GovCon Index advancers …

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Frank Backes Joins Kratos as Federal Satellite Solutions BD VP

Frank Backes, former CEO of Braxton Technologies, has been named vice president of business development for satellite communications products and federal satellite solutions at Kratos Defense & Security Solutions (Nasdaq: KTOS). Kratos said Thursday Backes will focus on products and service offerings for the defense, intelligence and civilian government sectors in his new position. …

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