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...
Executive Mosaic’s GovCon Index traded narrowly higher Tuesday with help from middle-tier and government services companies to offset losses by large primes as U.S. stocks recorded another mixed session that saw industrials lag and healthcare stocks climb. GovCon Index gainers outnumbered decliners by a 2-to-1 ratio as five of its 11...
Executive Mosaic’s GovCon Index traded lower Monday on declines by large and middle-tier prime contractors as U.S. stocks showed mixed results after biotechnology gains lifted the Nasdaq composite index to an all-time record close and utilities weighed on the S&P 500 composite index. GovCon Index laggards outnumbered gainers...
TYSONS CORNER, VA, Jan. 9, 2017 ” Northrop Grumman (NYSE: NOC) has rescheduled the flight test of its RQ-4 Global Hawk unmanned surveillance aircraft with the United Technologies Corp.-built (NYSE: UTX) MS-177 multispectral imaging sensor to late January, ExecutiveBiz reported Friday. “The late December test ...
