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Three of the world’s largest government contractors listed in both Executive Mosaic’s GovCon Index and the U.S. stock bellwether S&P 500 composite index released third quarter financial results before markets opened Wednesday. Boeing (NYSE: BA), General Dynamics (NYSE: GD) and Northrop Grumman (NYSE: NOC) all posted earnings per shar...
Darin Powers, former chief operating officer of Toffler Associates, has joined NT Concepts as senior vice president for national security solutions at the Vienna, Virginia-based intelligence and investigative services provider. NT Concepts said Tuesday the 25-year government contracting and military service veteran will lead operations and...
Executive Mosaic’s GovCon Index closed above 80 points Tuesday for the first time in two weeks despite declines in the larger U.S. stock market after Lockheed Martin (NYSE: LMT) posted its best one-day advance in seven years surged on upbeat financial outlooks for this year and 2017 to lead all GCI gainers. GovCon Index lag...
TYSONS CORNER, VA, Oct. 25, 2016 ” Harris (NYSE: HRS) has received a four-year, $55 million contract to provide sustainment services for an electronic warfare system that works to protect the U.S. Air Force‘s B-52 strategic bombers and C-130 military transport aircraft from radar-guided threats, ExecutiveBiz reported Monday. The...
TYSONS CORNER, VA, Oct. 25, 2016 ” Chris Sullivan, senior vice president and chief information officer at Serco‘s North American arm, will share insights on cybersecurity at a workshop for local businesses in Shenandoah Valley, West Virginia, on Thursday, GovCon Executive reported Monday. Sullivan will tackle methods to eva...
TYSONS CORNER, VA, Oct. 25, 2016 ” Microsoft (Nasdaq: MSFT) has established a new facility in India that will work to build on the company’s public-private partnership efforts and address cybersecurity challenges in the country, ExecutiveBiz reported Monday. Gadgets 360 reported Sunday the Cybersecurity Engagement Center in Indi...
TYSONS CORNER, VA, Oct. 25, 2016 ” Red Hat (NYSE: RHT) has partnered with UKCloud to provide an infrastructure-as-a-service cloud platform to support the U.K. government’s digital public services, ExecutiveBiz reported Monday. The team will utilize Red Hat OpenStack Platform and Red Hat Ceph Storage to help drive the d...
TYSONS CORNER, VA, Oct. 25, 2016 ” Boeing (NYSE: BA) has unveiled a new training center for pilots and mission crew of the P-8A Poseidon maritime aircraft at Naval Air Station Whidbey Island in Washington, ExecutiveBiz reported Monday. The company said Friday the facility will work to prepare personnel for the delivery ...
Lockheed Martin (NYSE: LMT) has lifted its goal of international revenue from an initial goal of 25 percent originally set in 2014 to 30 percent in future years past 2016 as the defense contractor is “on track to exceed” the former benchmark this year, CEO Marillyn Hewson told investors Tuesday. Contributions from the company’...
Executive Mosaic’s GovCon Index held higher Monday with large prime contractors the top advancers to offset a large decline by Rockwell Collins (NYSE: COL) on flat revenue guidance for its current fiscal year as U.S. stocks advanced on deal activity and new earnings reports. GovCon Index gainers outnumbered laggers at a 5-to-1 ratio ...
