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TYSONS CORNER, VA, May 24, 2017 ” Northrop Grumman (NYSE: NOC) will supply long-lead components, materials and parts for the MQ-4C Triton unmanned aircraft system to the U.S. Navy under a $49.4 million contract, ExecutiveBiz reported Tuesday. The Defense Department said Monday Northrop will perform work in California, M...

The Executive Mosaic GovCon Index closed up for the fourth consecutive with the advancers outpacing the decliners 3 to 1. The GovCon Index reached 30 day high of 94.234, up 0.367 percent. All the U.S. indices were up on the day as the S&P500 came within 2 points of breaking 2,400. Markets responded to supportive European data...

TYSONS CORNER, VA, May 23, 2017 ” Leidos (NYSE: LDOS) will provide technical assessment, program definition and other technical services in support of a U.S. Navy intelligence, surveillance and reconnaissance platform under a $43 million contract, ExecutiveBiz reported Monday. The company said Monday the Space and Naval Warfare S...

TYSONS CORNER, VA, May 23, 2017 ” In-Q-Tel and Microsoft (Nasdaq: MSFT) are among the investors that participated in a $16 million funding round for cloud application delivery company Frame, ExecutiveBiz reported Monday. IQT said Wednesday Frame aims to utilize the funds to support further development of its cloud-native applicat...

TYSONS CORNER, VA, May 23, 2017 ” Raytheon (NYSE: RTN) has entered into a partnership with state-owned Saudi Arabia Military Industries Company to pursue joint defense and technology development projects in areas such as smart munitions and defense systems cybersecurity, ExecutiveBiz reported Monday. The U.S. defense contractor said Saturd...

TYSONS CORNER, VA, May 23, 2017 ” CAE (NYSE: CAE) has concluded work to update the Sea King MK41 helicopter simulator of the German navy and facilitate its return to service at the Nordholz Naval Airbase, ExecutiveBiz reported Wednesday. The company said May 16 it added new features to the simulator such as the CAE Meda...

DeEtte Gray, formerly president of the intelligence and security sector at BAE Systems™ U.S. subsidiary, has joined CACI International (NYSE: CACI) as president of U.S. operations. CACI said Monday that she succeeds John Mengucci and will oversee the Arlington, Virginia-based contractor’s operations business group...

John Mengucci, chief operating officer and president of U.S. operations at CACI International (NYSE: CACI), will assume additional responsibilities as COO in an effort to advance the company™s strategic growth initiatives. Mengucci will continue to report to CACI President and CEO Ken Asbury and will oversee the company™s mergers and ...

For the most part all the stock on The Executive Mosaic GovCon Index ended positive for the day as President Trumps Middle East visit shows promise of increased business. Booz Allen Hamilton lead the gains after posting strong Q4 and Full Year financial results. President Trumps visit to the Middle East further netted positive results for ...