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Executive Mosaic’s GovCon Index rose Monday in an attempt to close above the 80-point barrier for the first time since Sept. 12 on gains by large defense primes and services-oriented companies. The GCI’s positive movement contrasted activity in U.S. financial markets as stocks turned south in the final hour of trade a...
TYSONS CORNER, VA, Sept. 19, 2016 ” The Air Force Research Laboratory has awarded General Dynamics (NYSE: GD) a $15 million contract to develop a cloud-based threat detection and analysis software prototype that works to automate threat assessments, ExecutiveBiz reported Friday. The company said Thursday the prototype will feature a modula...
TYSONS CORNER, VA, Sept. 19, 2016 ” TechnoMile has launched a suite of cloud-based applications that work to help government contractors manage contracts and task orders, partner with federal agencies and gather agency spending data, ExecutiveBiz reported Friday. The company said Friday GovCon Suite is built on the Salesforc...
TYSONS CORNER, VA, Sept. 19, 2016 ” Lockheed Martin (NYSE: LMT) has moved to expand its global supply chain services for F-16 operators with the designation of Derco Repair Services as a certified F-16 repair center under Lockheed’s Hologram program, ExecutiveBiz reported Thursday. Lockheed said Wednesday the Derco Aerospac...
TYSONS CORNER, VA, Sept. 19, 2016 ” CSRA (NYSE: CSRA) President and CEO Larry Prior has said the next U.S. president should include the modernization of the federal information technology infrastructure among the administration priorities, ExecutiveBiz reported Friday. Prior, an inductee into Executive Mosaic‘s Wash100 for ...
TYSONS CORNER, VA, Sept. 19, 2016 ” A survey sponsored by Unisys (NYSE: UIS) indicates that 69 percent of respondents from the federal, state and local governments support digital government programs, ExecutiveBiz reported Thursday. The company said Thursday respondents have expressed concerns over potential s...
Anne Rung, administrator of the Office of Management and Budget™s Office of Federal Procurement Policy, will step down from her position by the end of September after two years on the job, Federal News Radio reported Friday. Jason Miller writes Rung will serve as head of Amazon Business (Nasdaq: AMZN) and will be responsible for...
Executive Mosaic’s GovCon Index closed in the negative Friday with a 0.953-percent or 0.760-point drop to 78.957. The Index also recorded a weekly decline ahead of the Federal Reserve‘s two-day meeting on Sept. 20 and 21. All of GCI’s S&P 500 stocks posted losses in Friday’s session while four reg...
Executive Mosaic’s GovCon Index held negative Friday to end at a weekly decline as U.S. stock markets extended the current stretch of sharp swings between gains and losses as the Federal Reserve‘s next two-day meeting looms for Tuesday and Wednesday. Decliners outnumbered advancers 9-to-1 and all of the GovCon Index’s S&P ...
TYSONS CORNER, VA, Sept. 16, 2016 ” Lockheed Martin (NYSE: LMT) has found an issue with a component of the U.S. Air Force‘s GPS III satellites and has postponed the first satellite delivery by four months in an effort to address the matter, ExecutiveBiz reported Thursday. Space News reported Wednesday that the company ...
