Xerox (NYSE: XRX) has officially separated into two publicly traded companies, one focused on digital printing technology and the other selling business process services. The digital print technology company will carry the Xerox name while the business process service provider will operate independently as Conduent (NYS...
TYSONS CORNER, VA, Jan. 3, 2017 ” Steve Grobman, Intel Security‘s chief technology officer, has said that retaliating against Russia’s alleged cyber hacking of the U.S. elections could escalate to war, ExecutiveBiz reported Friday. The Obama administration’s response could range from additional economic sanction...
TYSONS CORNER, VA, Jan. 3, 2017 ” Amazon (Nasdaq: AMZN) will employ a backup communications interface for its delivery drones as a first line of defense against jamming, hacking and human attacks, ExecutiveBiz reported Friday. The company plans to utilize a “mesh network” of multiple autonomous vehicles upon the compromise of a...
John Barter, chairman of the board of directors at DHI Group (NYSE: DHX), has been elected to join Engility‘s (NYSE: EGL) board as an independent director. Engility said Dec. 27 in a regulatory filing with the Securities and Exchange Commission that Barter will also serve on the audit committee of the board of the Chantilly, Virginia...
Executive Mosaic’s GovCon Index retreated Friday in the final trading session of 2016 to close a negative December but but a positive year on a boost to defense stocks in the post-election rally that has swept through U.S. markets. The GovCon Index closes 2016 with a year-to-date gain of 16.73 percent as the U.S. stock...
TYSONS CORNER, VA, Dec. 30, 2016 ” The Professional Services Council has elected PV Puvvada, president of Unisys‘ (NYSE: UIS) federal business unit, to serve on its board of directors for another three years, GovCon Executive reported Dec. 23. Puvvada was also appointed as a new member on its executive committee and as chairman of PS...
TYSONS CORNER, VA, Dec. 30, 2016 ” Rebecca Cowen-Hirsch, senior vice president for government strategy and policy at Inmarsat, has stated that the government’s current satellite communications procurement model is fragmented and unable to address new complex demand, ExecutiveBiz reported Dec. 22. “The government should no longer fol...
Executive Mosaic’s GovCon Index moved higher Thursday on broad gains among defense primes and services contractors as U.S. stocks closed slightly lower in a mostly quiet penultimate trading session for 2016. Investors continued their post-election focus on defense and other GovCon stocks, while the S&P 500 composite index turned ...
TYSONS CORNER, VA, Dec. 29, 2016 ” Jeff Sorenson, head of A.T. Kearney‘s public sector and defense services segment, has said President-elect Donald Trump’s military expansion plans could spur growth in the defense sector, ExecutiveBiz reported Friday. Sorenson stated that potential policies under the next administration could help ...
TYSONS CORNER, VA, Dec. 29, 2016 ” Janus Global Operations has destroyed 1, 246 landmines and other unexploded ordnance across the Erbil, Duhok and Sulaymaniyah provinces of Kurdistan in Iraq as part of a demining project with the Iraqi-Kurdistan Mine Action Agency, ExecutiveBiz reported Friday. The company said D...
