James Winnefeld Jr., a retired U.S. Navy admiral and former vice chairman of the Joint Chiefs of Staff, has been elected to Raytheon‘s (NYSE: RTN) board of directors. The 37-year Navy veteran previously led the North American Aerospace Defense Command and the U.S. Northern Command, Raytheon said Wednesday. “Sandy brings signifi...
TYSONS CORNER, VA, Jan. 18, 2017 ” A new McKinsey Global Institute study estimates that almost half of today’s jobs could be automated by 2055 based on several factors that affect the pace of automation technology development, ExecutiveBiz reported Tuesday. The study stated developments in robotics, artificial intelligence ...
Bruce Lemkin, president of consulting firm Lemkin International, has joined government acquisition support services contractor Advanced Concepts and Technologies as international and foreign military sales adviser. ACT I said Lemkin will provide consulting and advisory services for international and FMS business development ...
Executive Mosaic’s GovCon Index closed Friday with a 0.464-percent climb to 88.863 as gainers outnumbered laggards at a 2-to-1 ratio with strong performances by defense prime stocks. L3 Technologies (NYSE: LLL) was GCI’s top net performer while Vectrus (NYSE: VEC) led the listed stocks in percentage gained. The Index’...
TYSONS CORNER, VA, Jan. 13, 2017 ” CenturyLink (NYSE: CTL) will deliver software-defined networking and network functions virtualization services as part of its Defense Research and Engineering Network III contract that looks to develop a fiber-optic network for the Defense Department, ExecutiveBiz reported Thursday. The company ...
Executive Mosaic’s GovCon Index fell for a second straight session Thursday on continued declines by large aerospace and defense primes as U.S. stocks also tumbled with earnings season at the forefront of investor attention. GovCon Index gainers outnumbered decliners by a 2-to-1 ratio and two of its 11 S&P 500 components advanced with...
Executive Mosaic’s GovCon Index pared losses Wednesday afternoon but closed lower for the session as McKesson Corp. (NYSE: MCK) and large primes weighed despite gains by all three of the U.S.’ major stock indices. GovCon Index gainers outnumbered decliners by a 2-to-1 ratio and six of its 11 S&P 500 stocks ad...
TYSONS CORNER, VA, Jan. 11, 2017 ” L3 Technologies‘ (NYSE: LLL) commercial training solutions business unit has partnered with the U.K.’s Surrey County Council to construct an airline training center and aircraft simulator production facility in London, ExecutiveBiz reported Tuesday. The company said Monday the L3 Lon...
Phil Quade, former special assistant for cyber of the National Security Agency director, has joined Fortinet (Nasdaq: FTNT) as chief information security officer and strategic consultant to C-level enterprise clients. Fortinet said Tuesday Quade will oversee the company’s information security, compliance with global regulations and standa...
Miklos Kiss, a former program director at the Defense Security Cooperation Agency and retired U.S. Air Force colonel, has joined Advanced Concepts and Technologies International as director of international programs at the Arlington, Virginia-based acquisition management services contractor. ACT I said Tuesday Kiss oversees the compan...
