On the first day of June trading the GovCon Index and U.S. indices all opened the month on a strong note. The Executive Mosaic GovCon Index ended the day up 0.940 percent to 96.082 setting a new two month high. All the U.S. indices were up on the day. The S&P500, DJIA, and NASDAQ all reached a...
TYSONS CORNER, VA, June 1, 2017 ” Concurrent Technologies Corp. has secured a spot in Military Times’ list of Best for Vets Employers in 2017 for the company’s employment programs for military veterans, GovCon Executive reported Tuesday. CTC said May 25 that 32 percent of its new hires and 15 percent of its total workforce...
On the last trading day in May the GovCon Index ended the month up as major U.S. indices all ended down. The Executive Mosaic GovCon Index ended the day up 0.540 percent to 95.745. Advancers outpaced decliners 2 to 1. The three U.S. indices gave back more of May’s gains to close down on the day. However the...
A joint venture of Fluor (NYSE: FLR), CH2M and BWX Technologies (NYSE: BWXT) has received a potential 10-year, $1.5 billion contract from the Energy Department to provide nuclear remediation and deactivation support for the Paducah gaseous diffusion facility in Kentucky. The Four Rivers Nuclear Partnership JV will oversee at least 650 buildings and ...
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...
