Weekly Roundup August 21 – August 25 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson This August the GovCon industry has experienced a great deal of executive moves. As the month comes to a close, let™s take a look at some of the noteworthy executive shifts in the...
Terry DeRosa, formerly chief financial officer of IAP Worldwide Services, has been promoted to CEO at the Cape Canaveral, Florida-based government services contractor. IAP said Thursday DeRosa held the CFO role over the past three years and led the company’s expansion and stabilization efforts as part of a company-wide reorganization...
In reverse of major US markets, The Executive Mosaic GovCon Index (GCI) closed up on the day to 99.847; a gain of 0.060 percent. Advancing and declining shares almost evenly split. The major indices closed down slightly for the second consecutive day. The S&P500 retreated by 0.21 percent to 2,438.97, while DJIA move...
TYSONS CORNER, VA, Aug. 24, 2017 ” A General Dynamics (NYSE: GD) segment has launched an outreach program that aims to engage small business partners and suppliers in providing ideas and technologies that address customer requirements, ExecutiveBiz reported Wednesday. The company said Monday General Dynamics Mission Systems‘ TechScou...
The Executive Mosaic GovCon Index (GCI) reversed last weeks downward trend to close up 0.133 percent to 99.026. Advancing and declining shares were almost evenly split on the day. The major indices closed mixed with minor movement in either direction. The S&P500 advanced 0.12 percent to 2,428.37, whil...
TYSONS CORNER, VA, Aug. 21, 2017 ” Amr ElSawy, president and CEO of Noblis, has said the company sees business opportunities across the civil, intelligence and defense market segments in areas such as cyber, analytics, high-performance computing, sustainability, biosciences and telecommunications. “[We] are proud of the outcomes...
TYSONS CORNER, VA, Aug. 18, 2017 ” Rick Ambrose, executive vice president of Lockheed Martin‘s (NYSE: LMT) space systems segment, has said the future of satellite production will be driven by developments in augmented and virtual reality, 3D printing and artificial intelligence, ExecutiveBiz reported Wednesday. Ambrose, an induc...
TYSONS CORNER, VA, Aug. 18, 2017 ” Globecomm Systems has helped Huntington Ingalls Industries (NYSE: HII) equip the U.S. Navy‘s USS Gerald R. Ford aircraft carrier with onboard communications and entertainment technologies as a subcontractor on the program, ExecutiveBiz reported Wednesday. Globecomm said Wednesday the&...
Weekly Roundup August 14 – August 18 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson This week the GovCon industry witnessed a number of significant contract awards, many of which focused on R&D, space, IT services and missile defense. Let’s take a quick lo...
Lockheed Martin (NYSE: LMT) has won a spot on a potential eight-year, $499 million contract from the U.S. Air Force to research and develop new aerospace vehicle technologies for warfighters. The Defense Department said Thursday Lockheed will support the Aerospace Systems Air Platform Technology Research program in Fort Worth, Texas, throug...
