Executive Mosaic’s GovCon Index closed above 81 points for the first time Monday as the S&P 500 composite index ended at a new record high as investors sought to carry Friday’s rally after the pre-market June jobs report then. The GovCon Index gained 0.293 points to 81.106 as seven of the 30 stocks hit n...
TYSONS CORNER, VA, July 11, 2016 ” Raytheon (NYSE: RTN) and General Atomics have partnered to integrate the former’s Advanced Radar Detection System with the latter’s Predator B/MQ-9 Reaper remotely piloted aircraft, ExecutiveBiz reported Friday. General Atomics said Thursday the integration of the radar detection tec...
TYSONS CORNER, VA, July 11, 2016 ” CAE (NYSE: CAE) will supply flight simulation equipment and provide training support to the U.K. and Canadian military under separate contracts from Lockheed Martin (NYSE: LMT) and a subsidiary of L-3 Communications (NYSE: LLL), ExecutiveBiz reported Thursday. Lockheed chose CAE to provide flight training devi...
TYSONS CORNER, VA, July 11, 2016 ” Engility (NYSE: EGL) will provide technical support for the U.S. Navy‘s flight clearance and aircraft worthiness efforts under a $38 million contract, ExecutiveBiz reported Thursday. The company said Thursday the contract from the Naval Air Systems Command‘s Airworthiness Office and CYBER...
The U.K. government and Boeing (NYSE:BA) have announced a set of defense-related pacts that cover sales of maritime patrol aircraft and attack helicopters to the country’s military, added research-and-development spending and initiatives to create new aerospace jobs in Britain. In a series of statements Monday, the U.K.’s defen...
Chris Hetmanski, a more than 20-year satellite and telecommunications industry veteran, has joined UltiSat as chief technology officer of the Gaithersburg, Maryland-based managed network services provider Ultisat said Thursday he will oversee development of the company’s end-to-end technology and service offerings for custo...
Executive Mosaic’s GovCon Index broke the 80-point barrier Friday for the first time in a month as the S&P 500 composite index briefly traded above a new record close in afternoon activity after the June jobs report soared past economists’ expectations. The GovCon Index closed up 1.579 percent to 80.813 and ended the week at a...
TYSONS CORNER, VA, July 8, 2016 ” Hewlett Packard Enterprise (NYSE: HPE) has received designation from the National Security Agency as an authorized integrator of commercial services in classified environments, ExecutiveBiz reported Thursday. HPE said in a blog post published June 27 the company has been included i...
TYSONS CORNER, VA, July 8, 2016 ” Serco Inc. will provide command, control, communications, computers and intelligence systems to a U.S. Air Force facility in Nebraska under a $12 million contract from the Space and Naval Warfare Systems Command Systems Center Pacific, ExecutiveBiz reported Thursday. The company said Thursday the...
Carlos Kingston, former vice president of Qualis‘ missiles and space business, has been appointed to chief operating officer for the technical and engineering support services provider. The Huntsville, Alabama-based small business said Tuesday Kingston’s new role entails oversight and leadership of Qualis contra...
