The Executive Mosaic GovCon Index closed down today 0.813 percent to 95.427, reversing yesterdays positive close. Decliners outpaced advancers 6 to 1. All three the of the major indices were down on the day as energy and oil producing companies stocks fell while crude oil prices plummet. WTI crude oil closed down for the second consecutive...
The Week’s Top GovCon News Stories View this email in your browser Weekly Roundup June 12 – June 16 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Many agencies, companies, organizations and individuals were caught off-guard by the recent rise in cyber crime. Mali...
David Dacquino, senior vice president of defense business at Serco Group‘s Americas division, has been promoted to chief executive in a move that takes effect in mid-2017. The more than three-decade industry veteran will succeed Dan Allen, who announced in February his plans to retire after nearly four years as chairma...
The Executive Mosaic GovCon Index closed up for the seventh consecutive day with platform companies leading the pack. U.S. stocks slid for the fourth time in the past five days, with technology stocks continuing to plummet as selling activity resumed, begging the question of if tech will be under this pressure for the rest of the summer....
The Executive Mosaic GovCon Index closed up for the sixth consecutive day with a mix of service providers and platform companies leading the pack. Officials at the Federal Reserve went ahead with an interest-rate increase and additional plans to tighten monetary policy despite growing concerns over weak inflation. Technology stocks slid to...
Boeing (NYSE: BA) will divide the network and space systems and military aircraft segments within its defense, space and security business unit into four smaller entities in a move that will take effect July 1. Leanne Caret, CEO of Boeing BDS, said Tuesday the reorganization is part of the company™s efforts to ramp up the competitiven...
Jerald Howe Jr., formerly a partner at law firm Fried, Frank, Harris, Shriver & Jacobson, will join Leidos (NYSE: LDOS) as executive vice president and general counsel. The more than 30-year industry veteran will succeed Vincent Maffeo, who will continue to support Leidos as a consultant after he retires July 15, the com...
The Executive Mosaic GovCon Index reversed it’s two day slide to close up 0.030 percent to 94.703. All the U.S. indices were up on the eve of the U.K. election, the James Comey testimony, and uncertainty in the Middle East. WTI broke through the $46 mark to close down 4.88 percent to $45.84 as the OPEC production...
The Energy Department‘s National Nuclear Security Administration has awarded separate contracts for the operations and maintenance as well as security of the Nevada National Security Site near Las Vegas. A joint venture of Honeywell (NYSE: HON), Jacobs Engineering Group (NYSE: JEC) and Huntington Ingalls Industries‘ (NYSE:...
TYSONS CORNER, VA, June 2, 2017 ” Melvin Greer, director of data science and analytics at Intel (Nasdaq: INTC), has received recognition from Black Data Processing Associates for his work in information technology, GovCon Executive reported Wednesday. BDPA said May 16 it will present Greer with the Lifetime Achievement Award during a ...
