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The Executive Mosaic GovCon Index reversed it’s three day downward trend to close up 0.168 percent to 95.302 with advancers outpacing decliners 2 to 1. The major indices had little movement on the day closing mixed with the S&P500 and NASDAQ up and the DJIA down. The S&P500 and NASDAQ remand in …

Weekly Roundup June 19 – June 23 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Although the phrase “Space Race” brings to mind the Cold War-era struggle between the United States and Soviet Union for supremacy in spaceflight capabilities, it may begin to …

Marines are ready to launch a 3-D-printed drone, nicknamed the “Nibbler,” into combat zones in the upcoming weeks, reports 3D Printing Industry. The Nibbler would be able to operate like other, far more expensive unmanned aircraft and conduct “over the hill” intelligence, surveillance and reconnaissance. The Nibbler is composed of …

Lockheed Martin (NYSE: LMT) has won a potential $1.17 billion contract from the U.S. Navy to engineer sonar technology under the Technical Insertion 18-20 Acoustic Rapid Commercial-Off-The-Shelf Insertion program. The Defense Department said Thursday the contract with an initial value of $130.8 million covers engineering development support for A-RCI modernization requirements and …

Edward Morche, a 16-year Level 3 Communications (NYSE: LVLT) veteran, will serve as president of strategic enterprise, federal government and state government business unit at CenturyLink (NYSE: CTL) once the Monroe, Louisiana-based telecommunications firm completes its pending $34 billion acquisition of Level 3. Erich Sanchack continues to lead the federal government group. Morche will …

General Dynamics‘ (NYSE: GD) Electric Boat subsidiary has received a $203.1 million contract modification to increase design support for the U.S. Navy‘s Columbia-class nuclear submarines. The service branch awarded the modification as part of the Navy and the U.K.’s joint Common Missile Compartment program, the Defense Department said Thursday. The Pentagon issued …

The Executive Mosaic GovCon Index closed down for the third consecutive day 0.254 percent to 95.087. Advancing and declining shares were pretty much evenly split. The major indices showed little change on the day closing mixed with the S&P500 and DJIA down and the NASDAQ up. The S&P500 and DJIA markets traded …

Vencore on Wednesday filed with the Securities and Exchange Commission for an initial public offering to raise as much as $250 million. Chantilly, Virginia-based Vencore is led by Mac Curtis and provides cybersecurity, data management and systems support to U.S. federal civilian, intelligence and defense agencies. Curtis, an inductee into Executive Mosaic‘s Wash100 for …

Ken Newcomer, former vice president of business development at ICF (Nasdaq: ICFI), has joined program management services contractor MCR Federal as senior VP for business development. MCR said Wednesday Newcomer will be responsible for helping grow the company’s contract opportunities with the Defense Department and federal civilian agencies. “Ken has a proven track …

Antonio Neri, executive vice president and general manager of enterprise group at Hewlett Packard Enterprise (NYSE: HPE), has been promoted to president at the Palo Alto, California-based technology company. Neri will oversee HPE’s four primary business lines and the company’s HPE Next efforts that aim to streamline operations, seek new …