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Executive Mosaic’s GovCon Index posted a 0.971-percent gain Friday to close above 90 points for the first time in two months as Cubic Corp. (NYSE: CUB) topped GCI among both net and percentage performers. Cubic had a 52-week high following a seven-percent increase in first-quarter sales compared to the same period last year...
Executive Mosaic’s GovCon Index closed above the 90-point barrier for the first time in two months Friday to end the week higher as all three major U.S. stock indices closed at record highs for a second consecutive session on extended investor anticipation over President Donald Trump’s tax announcement within the next few weeks. GovCon I...
TYSONS CORNER, VA, Feb. 10, 2017 ” A Lockheed Martin-built (NYSE: LMT) C-130J Super Hercules with Block 8.1 updates has undergone a training flight at Little Rock Air Force Base as the U.S. Air Force seeks to validate the aircraft’s new hardware and software, Executive Gov reported Wednesday. The service branch sa...
TYSONS CORNER, VA, Feb. 10, 2017 ” The Lockheed Martin (NYSE: LMT) business unit in Canada has partnered with Rank Software in efforts to deliver cybersecurity and security analytics services to defense programs in the country and abroad, ExecutiveBiz reported Thursday. Lockheed Martin Canada said Tuesday the collaboration aims t...
TYSONS CORNER, VA, Feb. 10, 2017 ” Intel (Nasdaq: INTC) plans to allot more than $7 billion toward the development of a semiconductor factory in Chandler, Arizona, that could generate approximately 10,000 jobs in the region, ExecutiveBiz reported Thursday. The company said Wednesday the future Fab 42 facility will utilize the 7-n...
Weekly Roundup February 6 – February 10 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson We are two weeks into the rollout of Executive Mosaic™s fourth annual Wash100 class of inductees and this year™s edition has been our highest-profile yet with increased re...
TYSONS CORNER, VA, Feb. 10, 2017 ” Boeing (NYSE: BA) will soon establish a satellite office for its defense business in India as the company seeks to expand its operations in the country, ExecutiveBiz reported Thursday. The Economic Times reported Wednesday Boeing Defense India will be under the leadership of Pratyush Kumar, who ...
TYSONS CORNER, VA, Feb. 10, 2017 ” Six technology companies have formed an alliance that aims to promote awareness, drive collaboration and advance technology development on internet of things security, ExecutiveBiz reported Thursday. AT&T (NYSE: T) said Wednesday it is part of the IoT Cybersecurity Alliance that also includes IBM...
The U.S. Army has awarded eight companies positions on a potential nine-year, $3.04 billion contract to support research and development of space or high-altitude and missile defense technologies. Contractors will vie for task orders to help the Army design, build, integrate, demonstrate and provide domain-one services for hardware and sof...
Executive Mosaic’s GovCon Index climbed Thursday on strong gains by large aerospace primes and services contractors as all three major U.S. stock indices hit record highs in intraday trade after President Donald Trump said he would give a tax policy announcement in the next few weeks. GovCon Index gainers outnumbered laggards by a 5-...
