The Executive Mosaic GovCon Index (GCI) closed up for the third consecutive day to 98.461. Advancers barely outpaced decliners at 16 to 14. The major indices closed mixed on the day with the S&P500 at 2,469.94, while DJIA closed at 21,513.58. The NASDAQ Composite settled at a new record high of 6,410.81. Crude oil ended the day...
TYSONS CORNER, VA, July 24, 2017 ” Lockheed Martin (NYSE: LMT) is working to build a prototype cislunar habitat that would house astronauts during extended missions as part of NASA‘s Next Space Technologies for Exploration Partnerships effort, ExecutiveBiz reported Friday. The company said Thursday its full-scale NextSTEP-2 ...
TYSONS CORNER, VA, July 21, 2017 ” Lynne Chamberlain, vice president for business development at Red Hat‘s (NYSE: RHT) public sector unit, has said open source software will present continued market opportunities for the company in the cloud and DevOps space while cybersecurity is another area for growth. “As the government tra...
Weekly Roundup July 17 – July 21 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Several executive moves this summer look to make a significant splash across the GovCon community. Last Friday, Battelle’s Board of Directors announced that Lewis “LouÃ...
The Executive Mosaic GovCon Index (GCI) was able to remain above the 98.00 mark and closed at 98.192, up 0.014 percent. The major indices closed mixed on the day the S&P500 and DJIA down slightly and the NASDAQ Composite setting new record highs for the third day. Crude oil ended the day down with WTI on the...
Christopher Kubasik, president and chief operating officer of L3 Technologies (NYSE: LLL), has been elected to serve as president, CEO and a board member of the company in a move that takes effect Jan. 1. He will succeed the retiring Michael Strianese, who will continue to serve as executive chairman of the board, L3 said...
General Electric (NYSE: GE) has won a position on a potential $409 million U.S. Air Force contract to research and develop thermal, power and controls systems for aircraft engines and airframes. The Defense Department said Wednesday the Next Generation Thermal, Power, and Controls program is a multi-agency and industry effort that seeks to...
The Executive Mosaic GovCon Index (GCI) reversed it’s previous two slide to break through 98.00 to close at a new high of 98.178. Advancers outpaced decliners 5 to 1. All the major indices closed positive on the day with the S&P500 and NASDAQ Composite setting new record highs. Stocks were boosted by strong earnings reports and t...
TYSONS CORNER, VA, July 19, 2017 ” Melvin Greer, chief data scientist for Intel‘s (Nasdaq: INTC) public sector business in the Americas, has said disruptive technologies such as data analytics, machine learning, cognitive computing and artificial intelligence build on government services through operational effici...
CAE has secured more than $138.5 million in contracts during the first quarter of its 2018 fiscal year to provide aircraft simulation products, training services and in-service support to U.S. and international defense customers. Montreal-based CAE said Tuesday it received contracts from Lockheed Martin (NYSE: LMT), L3 Technologies...
