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 ...
TYSONS CORNER, VA, Sept. 16, 2016 ” CAE (NYSE: CAE) has supported the Australian and Canadian air forces as they participated in the U.S. Air Force-hosted Coalition Virtual Flag 16 multinational air combat training exercise, ExecutiveBiz reported Thursday. Australia and Canada employed CAE’s full-flight missi...
TYSONS CORNER, VA, Sept. 16, 2016 ” Inmarsat will offer its Classic Aero and SwiftBroadband-Safety cockpit communication services to China through its partnership with Beijing Marine Communication & Navigation Company and Aviation Data Communication Corp., ExecutiveBiz reported Thursday. The companies will finalize their...
September 12 – September 16 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson For those of us who follow financial markets and in particular U.S. GovCon stocks, let’s take a deep breath during this slightly slower Friday session and take a brief look at the wi...
TYSONS CORNER, VA, Sept. 16, 2016 ” CyrusOne (Nasdaq: CONE) has moved to expand its colocation infrastructure with a new 23-acre property in Aurora, Illinois, that it aims to develop into a facility to operate alongside an existing data center, ExecutiveBiz reported Thursday. The company said Thursday the future c...
TYSONS CORNER, VA, Sept. 16, 2016 ” Robin Lineberger of Deloitte and Casey Coleman of Unisys (NYSE: UIS) have led a study by the Professional Services Council on the various roles of federal chief technology officers as they work to drive innovation at agencies, Executive Gov reported Wednesday. PSC said Tuesday Lineberger and Co...
TYSONS CORNER, VA, Sept. 15, 2016 ” Lockheed Martin (NYSE: LMT) will launch DigitalGlobe‘s (NYSE: DGI) WorldView-4 imaging satellite aboard a United Launch Alliance Atlas V rocket from Vandenberg Air Force Base on Sept. 16, ExecutiveBiz reported Wednesday. The satellite is expected to reach a sun-synchronous orbit following lift...
