The Executive Mosaic GovCon Index closed down 0.306 percent to 92.383 as decliners outpaced advancers 2 to 1. Major markets closed mixed as the Federal Reserve left interest rates unchanged and the U.S. economy is showing weakness At market close WTI was down $0.43 compared to the market open of $48.12 per barrel. Today Market ...
Shamlan Siddiqi, formerly vice president for digital and cloud services at NTT Data (NYSE: NTT), has assumed the role of chief technology officer for the company’s public sector business. NTT Data said Thursday Siddiqi will oversee the public sector group’s technology, advisory and innovation programs with government agencies. ̶...
Kyle Brooks, a senior client adviser at MIL Corp., has been promoted to also serve as assistant vice president of the Charleston, South Carolina-based professional services contractor. MIL said Wednesday that Brooks has advised the company’s State Department client on operational, business and technical matters over the past 13 years...
Executive Mosaic’s GovCon Index moved downward as the equities markets closed mixed on the day. The S&P 500 and DJIA ended the day down off -0.20 percent and -0.04 percent respectively while the NASDAQ closed up +0.01. Stocks reacted as Federal Reserve Bank of Chicago President Charles Evans eluted to the potential of multiple interes...
Mike LeFever, a retired U.S. Navy vice admiral and co-founder of Invictus Advisors, has joined Iomaxis as chief operating officer of the Fredericksburg, Virginia-based technology and engineering services contractor. Iomaxis said Tuesday LeFever will help scale the company’ national footprint and operational capacities ...
Executive Mosaic’s GovCon Index closed at an all-time record high Monday with large aerospace-and-defense primes the main contributors to gains after President Donald Trump unveiled his proposal to raise military spending 9 percent for the next federal fiscal year. U.S. stocks also posted small gains as the benchmark S&P 500 composite...
Executive Mosaic’s GovCon Index pared its losses to close flat against a mostly positive session for U.S. stocks Wednesday after the Federal Reserve left interest rates unchanged and said it sees improvement in consumer and business sentiment. GovCon Index decliners outnumbered gainers 17-13 for a second straight sessi...
Octo Consulting Group has purchased the SeaPort-e business unit from Laurel, Maryland-based federal digital and cloud services provider Aquilent for an undisclosed sum. Octo said Wednesday it assumed the support contract for the SeaPort-e electronic platform with the U.S. Navy before Booz Allen Hamilton (NYSE: BAH) completed the acquisition of ...
Booz Allen Hamilton (NYSE: BAH) has concluded its acquisition of Aquilent, also known as eGov Holdings, as part of efforts to grow digital service offerings for the federal sector. Both companies first announced the $250 million deal in November and Booz Allen said Tuesday it estimates that Laurel, Maryland-based Aquilent will&nb...
Executive Mosaic’s GovCon Index traded higher Wednesday on help from its large-cap components against mixed U.S. stock movements as investors awaited Federal Reserve chair Janet Yellen’s speech on the U.S. economy during the last hour of trade. GovCon Index gainers slightly edged decliners each and nine...
