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...
Amy Fliegelman Olli, formerly senior vice president and general counsel of Avaya, has been appointed to a similar dual-role at VMware (NYSE: VMW) in a move that takes effect Aug. 28. VMware said Monday that Olli will bring more than 20 years of legal experience in the enterprise technology sector to her duties as leader of...
TYSONS CORNER, VA, July 18, 2017 ” Concurrent Technologies Corp. plans to launch a new center in Pennsylvania that will work to update manufacturing processes for small modular and advanced reactor systems, ExecutiveBiz reported Friday. The company said Thursday it will operate the future Center for Advanced Nuclear Manufact...
TYSONS CORNER, VA, July 18, 2017 “ The Potomac Officers Club ” a division of Executive Mosaic ” has confirmed Al League as the moderator for the 2017 GEOINT Forum. The widespread interest and innovative applications of technologies such as augmented and virtual reality, artificial intelligence and Internet of Things is affecting ...
George Krivo, chief operating officer of DynCorp International since October 2016, has been promoted to CEO at the McLean, Virginia-based government services contractor, effective immediately. DynCorp said Friday Krivo is a nine-year company veteran who previously oversaw profit-and-loss account for the firm’s contingency operat...
The markets ended the week in the positive. The Executive Mosaic GovCon Index (GCI) flirted with breaking 98.00 closing up 0.450 percent to 97.971 reaching new highs with advancers outpacing decliners 3 to 1. The major indices all closed up with the S&P500 and DJIA reaching a new highs. The S&P500 ended the day at 2,459.29, t...
Weekly Roundup July 10 – July 14 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson This week, Noblis, Inc., a nonprofit provider of science, technology, and strategy services to government agencies, was awarded a $3 billion IDIQ contract from the National Oceanic ...
