Executive Mosaic’s GovCon Index posted a nominal loss of 0.004 points to 81.819 Friday to end a four-day rally but closed the week up 1.257 percent. The second-quarter earnings season opens Tuesday, and Lockheed Martin (NYSE: LMT) will be the first GovCon Index company to report second-quarter earni...
Executive Mosaic’s GovCon Index fell into narrow range mid-morning after a positive open Friday as defense and contracting stocks ended the week-long rally ahead of the start of second quarter earnings season Tuesday. The GovCon Index posted a nominal loss of 0.004 points to 81.819 but ended the week up 1.257 percent, while the ...
TYSONS CORNER, VA, July 15, 2016 ” Dave Wajsgras, president of the intelligence, information and services business of Raytheon (NYSE: RTN), has said the Operational Control System program with the U.S. Air Force continues to move forward with support from the service branch, ExecutiveBiz reported Wednesday. Reuters reported Tuesday&nb...
TYSONS CORNER, VA, July 15, 2016 ” Parsons is a sponsor of the pilot cohort of the Business-Higher Education Forum’s seven-week cyber leadership program for undergraduate interns, GovCon Executive reported Wednesday. The company said Tuesday it will codevelop a cybersecurity-focused activity and provide networking opportuni...
TYSONS CORNER, VA, July 15, 2016 ” Engility (NYSE: EGL) will provide command, control, communications, computers, navigation, electrical and engineering services to the U.S. Navy under a $29 million contract, ExecutiveBiz reported Tuesday. The company said Tuesday the contract works to support the Naval Surface Warfare Center Panama C...
Executive Mosaic’s GovCon Index held higher for a fifth straight session Thursday on contributions from aerospace stocks Boeing (NYSE: BA) and General Dynamics (NYSE: GD) as U.S. financial markets received a boost from gains in JPMorgan (NYSE: JPM) shares. The GovCon Index rose 0.072 points to a record 81.823 as the S&P 500 compo...
TYSONS CORNER, VA, July 14, 2016 ” Lockheed Martin (NYSE: LMT) will expand its spacecraft technology processing operations in Florida through a facility run by its Astrotech Space Operations subsidiary, ExecutiveBiz reported Wednesday. The Economic Development Commission of Florida’s Space Coast said Tuesday the expansion i...
TYSONS CORNER, VA, July 14, 2016 ” Mark Testoni, president and CEO of SAP National Security Services (NYSE: SAP), has said law enforcement and intelligence agencies can now utilize commercial, open source technologies that work to analyze consumer sentiment, ExecutiveBiz reported Monday. He told CNBC in an interview posted July 6 that...
TYSONS CORNER, VA, July 14, 2016 ” CAE (NYSE: CAE) and Draken International have expanded their partnership to jointly pursue market opportunities for adversary and aggressor air training services outside Canada, ExecutiveBiz reported Monday. The companies will integrate live, virtual and constructive training to support air...
Executive Mosaic’s GovCon Index held positive throughout Wednesday trade as U.S. stocks traded in narrow range on a fall in crude oil prices with second quarter earnings season on the horizon. The GovCon Index gained 0.229 points to a new record of 81.751 with eight of the GCI’s 11 S&P 500 stocks in green as the U...
