The U.S. Navy has awarded four companies positions on a potential eight-year, $492.4 million contract to provide increment III production units and related supplies for the service branch™s Automated Digital Network System. Leidos (NYSE: LDOS), Leonardo DRS, Science Applications International Corp. (NYSE: SAIC) and Serc...
The Executive Mosaic GovCon Index closed up today 0.584 percent to 95.917, reversing its Friday almost 1.5 percent drop. Advancers outpaced decliners 3 to 1. All three the of the major indices were up on the day as technology stocks rebounded from the previous two weeks of sluggish performance. WTI crude oil pricing sank today closin...
TYSONS CORNER, VA, June 19, 2017 ” Serco Inc. will work to provide hazardous materials supply chain management services in support of the Defense Logistics Agency under a previously awarded potential $101.5 million contract, ExecutiveBiz reported Tuesday. The company said June 12 it will help DLA Distribution manage data, procure...
TYSONS CORNER, VA, June 19, 2017 ” Paul Smith, senior vice president and general manager of Red Hat‘s (NYSE: RHT) North American public sector business, was presented the Institute for Excellence in Sales’ Lifetime Achievement award for his sales experience, leadership and long-term achievements, GovCon Executive reported ...
TYSONS CORNER, VA, June 19, 2017 ” Tim Conway, public sector president at NTT Data, joined other industry leaders from the Northern Virginia Technology Council in a meeting with Sen. Tom Cotton (R-Arkansas) earlier this month to discuss the impact of the H-1B non-immigrant visa program on their companies, ExecutiveBiz reported Tu...
TYSONS CORNER, VA, June 19, 2017 ” L3 Technologies (NYSE: LLL) has received a supplemental type certification from the Federal Aviation Administration for the company’s modified digital avionics and cockpit installed on the AT-802L Longsword aircraft, ExecutiveBiz reported Friday. The company said Thursday the coc...
TYSONS CORNER, VA, June 19, 2017 ” Data Systems Analysts has secured a position under the U.S. Army‘s potential $37.4 billion Responsive Strategic Sourcing for Services contract, GovCon Executive reported Friday. The company will vie for task orders to provide research, development, test and evaluation, acquisition, strateg...
Raytheon (NYSE: RTN) has landed a five-year, $1 billion contract to help develop the Department of Homeland Security‘s next-generation National Cybersecurity Protection System. The company said Monday the Development, Operations and Maintenance contract covers intrusion detection and prevention, automation, analytics and informa...
At Friday’s close the Executive Mosaic GovCon Index closed down for the week 0.78 percent. On the week the major indices closed in the positive with mixed messages throughout the week about sub-par housing data, sluggish performance from the technology stocks, and Federal Reserve raising interest rates for the second time in 2017. Cr...
The Executive Mosaic GovCon Index closed down today, with a mix of service and platform companies leading the pack. Many U.S. stocks slipped today and the dollar weakened with Treasury yields due to sub-par housing data. These two factors, combined with the general slump in consumer sentiment, add merit to experts’ argument that Amer...
