The Defense Department and Lockheed Martin (NYSE: LMT) have finalized an $8.5 billion contract for the manufacturer to supply 90 lot 10 F-35s, an order that is $728 million less than the cost of the previous batch of the fighter jets, Reuters reported Friday. Mike Stone writes the latest F-35 deal lowers the price of the air...
Executive Mosaic’s GovCon Index registered a 0.893-percent gain Friday to 89.263 as gainers outnumbered decliners by a 4-to-1 ratio. Huntington Ingalls Industries (NYSE: HII) was GCI’s top net performer and Cubic Corp. (NYSE: CUB) the top percentage performer. Friday’s climb comes as U.S. stocks surged with the Labor...
Executive Mosaic’s GovCon Index rose Friday on advances large and middle-tier defense primes as U.S. stocks climbed following the January jobs report and President Donald Trump’s new executive order to reduce regulations on the banking industry implemented after the 2008 crisis. GovCon Index gainers outnumbered decliners by a 4...
Weekly Roundup January 30 – February 3 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Our fourth annual Wash100 list of Government Contracting™s Most Influential Figures hit the presses last week to recognize leaders in the public and private sectors and those from ma...
TYSONS CORNER, VA, Feb. 3, 2017 ” Red Hat (NYSE: RHT) has entered into a five-year research and education partnership with Boston University to advance projects, fellowships, internships and other programs on open source technology, cloud, big data, machine learning and automation, ExecutiveBiz reported Thursday. The company said...
TYSONS CORNER, VA., February 2, 2017 ” The Potomac Officers Club ” a division of Executive Mosaic ” released the speakers list for their 4th Annual Intel Summit. The landscape of the Intelligence Community (IC) is changing in response to the emergence of innovative technologies. Both current and future Intelligence programs will have ...
TYSONS CORNER, VA, Feb. 2, 2017 ” Salesforce (NYSE: CRM) will deploy the Salesforce Service Cloud at the Agriculture Department‘s Farm Service Agency to support a program that seeks to provide agency customers access to opportunities with USDA external partners, ExecutiveBiz reported Wednesday. The company said Wednesday&nb...
Richard Foster, a 35-year veteran of the Canadian armed forces and a retired major general, has been appointed corporate vice president of L3 Technologies‘ (NYSE: LLL) business unit in Canada. He will manage L3 Canada‘s overall operations and coordinate with the subsidiary’s business development team to hel...
Executive Mosaic’s GovCon Index pared its losses to close flat against a mostly positive session for U.S. stocks Wednesday after the Federal Reserve left interest rates unchanged and said it sees improvement in consumer and business sentiment. GovCon Index decliners outnumbered gainers 17-13 for a second straight sessi...
Claudio Monticelli, a former directorate support manager at Alion Science and Technology, has joined Advanced Concepts and Technologies International as executive vice president of program management. ACT I said Monticelli will lead efforts to boost operating performance and transform the program management function at the company. “His e...
