The U.S. Army has awarded separate contracts to four companies to develop concept designs that will be used to determine the requirements for a new platform to replace its Patriot air-and-missile defense radar system, Defense News reported Wednesday. Contract recipients include Raytheon (NYSE: RTN), Lockheed Martin (NYSE: LMT), Northrop Gr...
The Executive Mosaic GovCon Index (GCI) closed down for the third consecutive day to settle at 108.573 off 0.175 percent. Advancing shares outpaced declining 17 to 13. The three major indices all closed positive setting new record highs. The S&P500 closed up 0.07 percent to 2,561.26, while the DJIA topped the 23,000 mark settling ...
Mark Cherry, president and chief operating officer at Manassas, Virginia-based autonomous systems maker Aurora Flight Sciences, has been appointed to succeed Darryl Davis as vice president of Boeing™s (NYSE: BA) Phantom Works technology arm. Davis, who served as head of Phantom Works for a decade, will transition into a program management ...
The State Department has approved a potential $2.40 billion foreign military sales transaction for Lockheed Martin (NYSE: LMT) to convert F-16 aircraft into a Block V configuration for the Greek air force. Greece asked to buy 125 APG-83 active electronically scanned array radars, 123 modular mission computers and 123 Link-16 multifunc...
Weekly Roundup October 9 – October 13 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Top Five Systems Integration CEOs and Companies This past week the GovCon community experienced a number of high-profile occurrences, such as a significant merger and executive moves...
TYSONS CORNER, VA, Oct. 13, 2017 ” Boeing (NYSE: BA), General Atomics, Lockheed Martin (NYSE: LMT) and Northrop Grumman (NYSE: NOC) are potential bidders on the U.S. Navy‘s procurement program for a carrier-based unmanned aerial refueling tanker, ExecutiveBiz reported Thursday. USNI News reported Tuesday the Navy sent a request for p...
The Executive Mosaic GovCon Index (GCI) moved upward to close at 109.761, up 0.376 percent with advancing shares outpacing declining 21 to 8. The three major indices all closed negative with the S&P500 down 0.17 percent to 2,550.93, while the DJIA closed at 22,841.01 off 0.14 percent, and the NASDAQ Composite declined 0.18 percent...
The Executive Mosaic GovCon Index (GCI) reversed its positive direction to close down slightly 0.278 percent to 109.246 with declining shares outpacing advancing 18 to 12. As we begin Q3 earnings season the three major indices closed to the positive with all three reaching new highs. The S&P500 gained 0.18 percent to 2,555.24...
The Executive Mosaic GovCon Index (GCI) fell today by 0.042 percent to 109.149 with advancing and declining shares pretty well split even. The major indices all closed down, with the S&P500 closing down 0.18 percent to 2,544.73, while the DJIA closed at 22,761.07 off 0.06 percent, and the NASDAQ Composite closed down 0.16 pe...
The State Department has approved a potential $15 billion foreign military sale of anti-ballistic missile defense systems, related equipment and support services to Saudi Arabia. Lockheed Martin (NYSE: LMT) and Raytheon (NYSE: RTN) will serve as principal contractors on the sale, the Defense Security Cooperation Agency said Friday. Th...
