Executive Mosaic’s GovCon Index posted a second straight weekly loss despite recovering from Thursday’s steep 2.26% decline. The index, which tracks the stock performances of 30 major contractors, closed slightly higher at $5,375.43 (+0.37%) on Friday but lost 2.12% overall for the week. Its year-to-date gain is +15.14% from +20.34% two ...
Cloud technologies have become widely adopted across the federal government. The Department of Defense made a significant investment in cloud at the end of 2022 with its $9 billion multi-vendor JWCC contract. But now, two years later, what’s on the horizon for cloud in the public sector? According to Steve Derr, vice president of Oracle̵...
Executive Mosaic’s GovCon Index ticked 0.23% higher to $5,491.84 Friday, its only gain in five trading sessions. The index, which tracks the stock performances of 30 major government contractors, lost 2.24% week-on-week for its first losing week since the week ending Sept. 13. As of Oct. 25, 2024, the GovCon Index is up 17.64% year-to-date....
Dr. Stefanie Tompkins, director of the Defense Advanced Research Projects Agency, received her 2024 Wash100 Award from Executive Mosaic CEO Jim Garrettson during a recent meeting. Tompkins earned her third Wash100 award this year in recognition of spearheading the agency’s collaboration with numerous stakeholders to modernize quantum comp...
Artificial intelligence is undoubtedly one of the most disruptive and transformative technologies of our time. AI advancements are being made at unprecedented speeds, redefining the tech landscape and changing the pace of innovation. But while there’s a lot of hype surrounding AI today, GovCon leaders agree that it will one day be as integrate...
In the world of government contracting, small business owners and government contractors face a crucial decision when it comes to choosing the right contract type. Understanding the differences between Other Transaction Authority (OTA) contracts and Federal Acquisition Regulation (FAR) based contracts is essential for making informed decisions that ...
The space domain is evolving rapidly. New commercial entrants, rising military activity and growing threats are shaping the space domain, prompting government contractors to rethink their approaches and prioritize speed. Executive Mosaic sat down with 2024 Wash100 Award winner Maria Demaree, vice president and general manager of National Security ...
Parsons has agreed to acquire Miami-based BCC Engineering for approximately $230 million in cash as part of efforts to enhance its infrastructure capabilities and expand its presence in the Southeastern U.S. Strengthening Infrastructure Capabilities Parsons said Monday the all-cash transaction is expected to be finalized in the next 30 days and alig...
Executive Mosaic’s GovCon Index rose 0.33% Friday to $5,617.83, its highest close on record. The index, which tracks the stock performances of 30 major government contractors, registered a 2.04% week-on-week gain. It also matched the six-week winning streaks of the Dow Jones Industrial Average and S&P 500 Index. The blue-chip Dow Jones (+1...
Executive Mosaic’s GovCon Index closed higher at $5,505.35 (+1.44%) after recovering from a steep 1.05% decline on Thursday. The index, which tracks the stock performance of 30 major government contractors, posted a 0.65% week-on-week gain, maintaining its winning run. Wall Street’s major stock indexes also finished strong before ...
