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Honeywell International (NYSE: HON) has joined the list of awardees on a potential $409 million contract to research and develop thermal, power and controls technologies for future U.S. Air Force platforms and engines. The Defense Department said Friday Honeywell will perform work under the Next Generation Thermal, Powe...

The Executive Mosaic GovCon Index (GCI) closed up for the third consecutive day to 98.461. Advancers barely outpaced decliners at 16 to 14. The major indices closed mixed on the day with the S&P500 at 2,469.94, while DJIA closed at 21,513.58. The NASDAQ Composite settled at a new record high of 6,410.81. Crude oil ended the day...

Christopher Kubasik, president and chief operating officer of L3 Technologies (NYSE: LLL), has been elected to serve as president, CEO and a board member of the company in a move that takes effect Jan. 1. He will succeed the retiring Michael Strianese, who will continue to serve as executive chairman of the board, L3 said...

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...

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...