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The government of Australia has named Raytheon (NYSE: RTN) the sole bidder on a potential $1.5 billion contract to develop a land-based aerial defense platform, Reuters reported Monday. Jamie Freed writes Marise Payne, Australia™s defense minister, said the National Advanced Surface to Air Missile System seeks to replace the country™s...

The Executive Mosaic GovCon Index closed up 0.578 percent to 90.822 with the large platform and manufacturing companies leading the way. The GovCon Index advancing companies outpaced decliners 4 to 1. In what was a roller coaster of a trading day the major indices reacted minimally to the mixed news from the March jobs report. It was...

Weekly Roundup April 3 – April 7 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson This week the GovCon industry witnessed several large-scale mergers and acquisitions, as well as a number of executive moves in both the public and private sectors. Computer Sciences Corp....

TYSONS CORNER, VA, April 7, 2017 ” AT&T (NYSE: T) will install Internet of Things technologies such as network-connected sensors at Maxwell Air Force Base to support operations and resources at the military facility, ExecutiveBiz reported Thursday. The company said Wednesday it will also perform proof-of-concept demonstrations of the &...

Belcan, a portfolio company of private investment firm AE Industrial Partners, has agreed to buy Schafer Corp. from Metalmark Capital Partners for an undisclosed amount in a move to expand its technical and engineering service offerings. Both companies expect to complete the transaction in the second quarter of 2017, Belcan said ...

TYSONS CORNER, VA, April 6, 2017 ” Bill Rowan, vice president of federal sales at VMware (NYSE: VMW), has said the use of cloud and other technologies such as software-defined networking works to drive IT automation at government agencies, ExecutiveBiz reported Monday. Federal News Radio reported Friday that Rowan, an inductee into Ex...

TYSONS CORNER, VA, April 6, 2017 ” CenturyLink (NYSE: CTL) has entered into an exclusive sales and distribution agreement with EagleForce Associates to offer the latter’s predictive analytics tool to government agencies for use in pharmaceutical monitoring, ExecutiveBiz reported Tuesday. The partnership aims to leverag...

Joe Donohue, formerly chief financial officer and chief compliance officer of Agilex Technologies, has taken the CFO position at DLT Solutions as Craig Adler moves on to serve on the board of directors and head the audit committee. DLT said Thursday the new CFO brings nearly 30 years of professional experience and is in charge of its ...