Eleven companies were selected by the U.S. Navy for the procurement of machinery and systems services for naval vessels and land-based sites. The Department of Defense said Thursday the vendors secured spots on the indefinite-delivery/indefinite-quantity contract with a combined value of $496.1 million. The contract covers the procurement of h...
Max Montague, formerly a senior director at Parsons, has been appointed vice president of defense and intelligence for cyber and national operations at the Virginia-based information technology provider, according to his LinkedIn announcement. Montague was elevated to the role after serving as a senior director at Parsons since 2022. He joined the c...
Executive Mosaic’s GovCon Index dropped 0.42% to $4,886.91 on June 14, ending lower before the weekend and losing 1.34% overall week-on-week. The index, which tracks the stock performances of 30 major government contractors, has never posted a winning week since May 31. Meanwhile, the Nasdaq Composite (+3.2%) and S&P 500 (+1.6%) had significan...
Rancher Government Solutions CEO Paul Smith recently accepted his 2024 Wash100 Award during a meeting with Executive Mosaic CEO Jim Garrettson, who founded the esteemed recognition. The coveted Wash100 Award is the most sought after recognition for government contracting industry executives. To choose its winners, Wash100 carefully examines the i...
Executive Mosaic’s GovCon Index ticked slightly lower to an average of $154.69 despite positive gains in three of the five trading sessions beginning Jan. 29. Corporate earnings, including those from tech titans, flooded Wall Street. Investors also awaited the outcome of the first Federal Open Market Committee meeting in 2024.Check out last week&...
Executive Mosaic, the preeminent media, events and membership organization of the government contracting sector, is proud to announce the winners of the prestigious 2024 Wash100 Award. Each year, Executive Mosaic’s coveted Wash100 Award recognizes the most promising and outstanding executives to watch in the coming year. Read below for the full l...
Executive Mosaic, the industry-leading events, media and executive branding organization in the government contracting sector, is pleased to launch the first-ever GovCon stock market tracker, GovCon Index. GovCon Index is an aggregate index meticulously crafted and tracked in real-time using data from 30 leading publicly traded companies within the...
The CEOs of Amentum and DLH Corp. and president of CGI‘s (NYSE: GIB) federal subsidiary have been named officers of the board of directors at the Professional Services Council. Zachary Parker, president, CEO and director at DLH, will perform duties as PSC board chair and John Heller, president and CEO of Amentum, will serve as...
Ted Colbert, president and CEO of Boeing’s (NYSE: BA) defense, space and security business, has been elected to serve as chair of the Aerospace Industries Association’s board of governors for 2024. Colbert, who also serves as an executive vice president at Boeing, succeeds Tom Gentile as chairman and will serve on the association’s exe...
The Department of State approved a proposed $2 billion sale of devices, equipment and other services to support a training program under the Australia-United Kingdom-United States, or AUKUS, trilateral security alliance for the Indo-Pacific region. The Defense Security Cooperation Agency announced Friday that the foreign military sale to the Austral...
