Lockheed Martin Corp. ‘s (LMT) business unit, Aeronautics, won a $19.8 million contract modification for work on the F-35 aircraft memory system and panoramic cockpit display. This will help recover diminishing manufacturing sources projected under the 15th Lot production of the F-35 aircraft, reports Nasdaq.com. Forty percent of the con...
TYSONS CORNER, VA, May 31, 2017 “ The Potomac Officers Club ” a division of Executive Mosaic ” has added Jean-Charles Ledé to the list of panelists for the Unmanned Systems Forum. As the use of military UAVs and commercial drones become more ubiquitous, innovative new uses of the technology have emerged. Th...
An L3 Technologies (NYSE: LLL) division has secured a one-year, $83.1 million contract modification for depot-level logistics and organizational services to the U.S. Navy‘s fleet of TH-57 Sea Ranger helicopters. The Defense Department said Tuesday the modification exercises an option for L3’s Vertex Aerospace business...
The fate of the Army’s Warfighter Information Network-Tactical (WIN-T) program remains uncertain, as members of Congress debated its battlefield communications performance. Senators were divided on “whether to accelerate or do away with the program,” reported C4ISR, as concern has spread about the slow pace of the WI...
President Donald Trump™s fiscal year 2018 budget proposes to spend $95.7 billion to update Federal information technology, a 1.7 percent increase from fiscal year 2017, according to the administration. The funding request asks for investments for four functions: mission delivery; administrative services and support systems; IT in...
The Executive Mosaic GovCon Index closed up for the sixth consecutive day with the advancers significantly outpacing the decliners 5 to 1. The GovCon Index reached another 30 day high of 95.791, up 0.787 percent. CSRA lead the 30 GovCon Index stocks, up 4.62 percent as they announced the acquisition NES Associates. All the U.S. indices wer...
TYSONS CORNER, VA, May 24, 2017 ” Hughes Network Systems has added a software-defined wide-area network service to its portfolio for public sector customers in support of their efforts to ensure cloud readiness, application availability and network flexibility, ExecutiveBiz reported Tuesday. The company said Monday the ...
Air Force Lt. Gen. Kevin McLaughlin, Deputy Commander of U.S. Cyber Command (USCYBERCOM) said Wednesday that too much of the cybersecurity threat conversation on Capitol Hill discusses threats as a “theory” – rather than the reality these threats already are. “What are we going to do when? I...
The Executive Mosaic GovCon Index closed up for the fourth consecutive with the advancers outpacing the decliners 3 to 1. The GovCon Index reached 30 day high of 94.234, up 0.367 percent. All the U.S. indices were up on the day as the S&P500 came within 2 points of breaking 2,400. Markets responded to supportive European data...
For the most part all the stock on The Executive Mosaic GovCon Index ended positive for the day as President Trumps Middle East visit shows promise of increased business. Booz Allen Hamilton lead the gains after posting strong Q4 and Full Year financial results. President Trumps visit to the Middle East further netted positive results for ...
