Executive Mosaic’s GovCon Index closed above the 90-point barrier for the first time in two months Friday to end the week higher as all three major U.S. stock indices closed at record highs for a second consecutive session on extended investor anticipation over President Donald Trump’s tax announcement within the next few weeks. GovCon I...
Quantum Research International has appointed two former military service officers to lead company businesses that support defense programs. Quantum said James Lackey, former executive director of the U.S. Army‘s Aviation and Missile Research, Development and Engineering Center, has joined the company as senior vice president and defe...
The U.S. Army has awarded eight companies positions on a potential nine-year, $3.04 billion contract to support research and development of space or high-altitude and missile defense technologies. Contractors will vie for task orders to help the Army design, build, integrate, demonstrate and provide domain-one services for hardware and sof...
Executive Mosaic’s GovCon Index climbed Thursday on strong gains by large aerospace primes and services contractors as all three major U.S. stock indices hit record highs in intraday trade after President Donald Trump said he would give a tax policy announcement in the next few weeks. GovCon Index gainers outnumbered laggards by a 5-...
TYSONS CORNER, VA, Feb. 9, 2017 ” A new Research and Markets report has stated that BAE Systems, CAE (NYSE: CAE), L3 Technologies (NYSE: LLL), Northrop Grumman (NYSE: NOC) and Thales are among the key players in the global unmanned aerial vehicle flight training and simulation market, ExecutiveBiz reported Wednesda...
Executive Mosaic’s GovCon Index closed higher Tuesday with a strong performance by Boeing (NYSE: BA) the main contributor, while U.S. stocks ended slightly green despite an afternoon descent as investors eyed oil price declines. GovCon Index gainers outnumbered decliners by a 2-to-1 ratio as nine of its 11 S&P 500 components advanced ...
TYSONS CORNER, VA, Feb. 7, 2017 ” Microsoft (Nasdaq: MSFT) is set to relocate its Microsoft Technology Center in Michigan to Bedrock‘s One Campus Martius building in downtown Detroit by early 2018, ExecutiveBiz reported Monday. The Redmond, Washington-based technology company will occupy more than 40,000 square feet of space at ...
Mark Hynes, formerly chief strategy and development officer at Altisource Portfolio Solutions (NASDAQ: ASPS), has joined cloud software platforms provider Granicus as CEO. His appointment comes after Granicus merged with cloud-based communications software provider GovDelivery, Granicus said Monday. Hynes succeeded former Granicus CEO Jason Fletcher...
Executive Mosaic’s GovCon Index notched a small advance Monday on help from large aerospace-and-defense primes as U.S. stocks held lower without a major event as a driver of trading activity in equity markets. GovCon Index gainers and decliners split even at 15-each but eight of its 11 S&P 500 components gained with sev...
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...
