TYSONS CORNER, VA, Oct. 17, 2017 ” An L3 Technologies (NYSE: LLL) subsidiary will design, build and test a simulation platform for the U.S. Army‘s nuclear effects laboratory at the White Sands Missile Range under an $18.5 million contract, ExecutiveBiz reported Monday. The Defense Department said Friday L3 Applied Tech...
TYSONS CORNER, VA, Oct. 17, 2017 ” Amazon Web Services (Nasdaq: AMZN) and Microsoft (Nasdaq: MSFT) have collaborated to launch a deep learning library that will work to support the development, prototyping and deployment of machine learning models, ExecutiveBiz reported Monday. Microsoft said Thursday the open source Gluon platform se...
TYSONS CORNER, VA, Oct. 17, 2017 ” A General Dynamics subsidiary (NYSE: GD) will continue to provide shipyard services in support of the U.S. Navy‘s nuclear-powered submarines and moored training ships under a $28.6 million exercised contract option, ExecutiveBiz reported Monday. The Defense Department said Friday General Dynami...
The Executive Mosaic GovCon Index (GCI) closed down 0.195 percent to settle at 109.179 as declining shares outpaced advancing almost 3 to 1. The three major indices all closed positive setting new record highs. The S&P500 closed up 0.18 percent to 2,557.64, while the DJIA was approaching the 23,000 mark settled at 22,956.96 a posi...
TYSONS CORNER, VA, Oct. 16, 2017 ” PAE has partnered with Parsons to create a joint venture in pursuit of a potential $82 billion contract for global facility and logistical services to the U.S. Army over 10 years, ExecutiveBiz reported Oct. 6. The PAE-Parsons Global Logistics Services JV plans to bid on the Army’s Logistic...
TYSONS CORNER, VA, Oct. 16, 2017 ” Raytheon (NYSE: RTN) latest Joint Standoff Weapon system variant has reached full operational capability under the U.S. Navy in support of its deployment to the fleet, ExecutiveBiz reported Friday. The Navy said Wednesday the network-enabled JSOW C-1 air-to-ground weapon, which has already been ...
TYSONS CORNER, VA, Oct. 16, 2017 ” General Dynamics (NYSE: GD) has entered into a cooperation agreement with Romania’s government to facilitate the in-country production of armored vehicles in partnership with Uzina Mecanica Bucharest, ExecutiveBiz reported Friday. Govnet reported Tuesday the agreement and memorandum of understanding...
TYSONS CORNER, VA, Oct. 16, 2017 ” General Atomics aims to build on its 2016 acquisition of technical services business Miltec with the increased production of cubesats and other small satellites for defense customers over the next years, ExecutiveBiz reported Friday. Space News reported Thursday the company is growing its invest...
Roger Krone, chairman and CEO of Leidos, talked about the Reston, Virginia-based government information technology services contractor™s merger with Lockheed Martin™s information systems and global services business at the Titans breakfast event held Friday in Tysons Corner, Virginia. He discussed at the Northern Virginia Te...
The Executive Mosaic GovCon Index (GCI) closed Friday down for the day however, ended the week up from Monday’s open by 0.19 percent to settle at 109.358. The three major indices all ended the week up slightly from Monday’s open with the S&P500 up 0.16 percent to 2,553.17, while the DJIA closed at 22,871.72 a positive 0.40...
