General Electric (NYSE: GE) has won a position on a potential $409 million U.S. Air Force contract to research and develop thermal, power and controls systems for aircraft engines and airframes. The Defense Department said Wednesday the Next Generation Thermal, Power, and Controls program is a multi-agency and industry effort that seeks to...
The Executive Mosaic GovCon Index (GCI) reversed it’s previous two slide to break through 98.00 to close at a new high of 98.178. Advancers outpaced decliners 5 to 1. All the major indices closed positive on the day with the S&P500 and NASDAQ Composite setting new record highs. Stocks were boosted by strong earnings reports and t...
TYSONS CORNER, VA, July 19, 2017 ” Melvin Greer, chief data scientist for Intel‘s (Nasdaq: INTC) public sector business in the Americas, has said disruptive technologies such as data analytics, machine learning, cognitive computing and artificial intelligence build on government services through operational effici...
CAE has secured more than $138.5 million in contracts during the first quarter of its 2018 fiscal year to provide aircraft simulation products, training services and in-service support to U.S. and international defense customers. Montreal-based CAE said Tuesday it received contracts from Lockheed Martin (NYSE: LMT), L3 Technologies...
The Executive Mosaic GovCon Index (GCI) reversed it’s positive direction from last week to close down 0.308 percent to 97.774. Decliners outpaced advancers 2 to 1. After last weeks record highs the major indices had minor changes on the day closing mixed with the S&P500 and DJIA down and the NASDAQ Composite up. The markets await...
The Executive Mosaic GovCon Index (GCI) closed the week on Friday at a new high while coming close to breaking the 98.00 mark. Advancers outpaced decliners 3 to 1 as the GCI closed at 97.971, up 0.450 percent. The major indices all closed up with the S&P500 and DJIA reaching a new highs. The S&P500 ended the...
The markets ended the week in the positive. The Executive Mosaic GovCon Index (GCI) flirted with breaking 98.00 closing up 0.450 percent to 97.971 reaching new highs with advancers outpacing decliners 3 to 1. The major indices all closed up with the S&P500 and DJIA reaching a new highs. The S&P500 ended the day at 2,459.29, t...
Weekly Roundup July 10 – July 14 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson This week, Noblis, Inc., a nonprofit provider of science, technology, and strategy services to government agencies, was awarded a $3 billion IDIQ contract from the National Oceanic ...
The Executive Mosaic GovCon Index (GCI) closed down for the first time in four days. The major indices all closed up with the DJIA reaching a new high of 21,553.09, the S&P500 was up 0.19 percent, while the NASDAQ Composite gained 0.21 percent driven by Technology shares. WTI crude oil closed positive for the fourth consecutive day....
The State Department has approved Romania’s request to procure Patriot air defense systems, support and equipment under a potential $3.9 billion foreign military sales deal. Romania requested seven Patriot Configuration-3+ modernized fire units comprised of seven AN/MPQ-65 radar sets, seven AN/MSQ-132 engagement control stations...
