The Executive Mosaic GovCon Index turned in better than 1 percent gain on the day as advancing stocks closed 29 to 1 versus decliners. With the European markets closed the U.S. markets all closed strongly as investors geopolitical concerns dampened. At market close WTI was down $0.57 to $ 52.61 per barrel as the shale drilling increased...
Rolls-Royce has won a five-year, $372.5 million contract from the U.S. Navy to provide depot-level repair for the AE21000D3 engines of KC-130J aerial refueling aircraft for the U.S. Marine Corps and Kuwait. The Defense Department said Thursday the Naval Air Systems Command received three offers for the indefinite-delivery/indefin...
https://www.youtube.com/watch?v=eQeLVY22PMk The Lead Engineer for Lockheed Martin™s Exoskeleton Technologies program talks about his journey into robotics and development of the FORTIS Industrial Exoskeleton. An exoskeleton is a wearable robot that augments natural abilities, allowing users to do tasks they would not normally be able to perform...
At noon on the day prior to the long holiday weekend the Executive Mosaic GovCon Index is up slightly by 0.270 percent to 90.614. Advancing companies are outpacing decliners 18 to 12. As markets anticipate the long Easter weekend they are up slightly as JP Morgan Chase & Co. and Citigroup Inc. reported solid earnings boosting banks...
Palo Alto, California-based satellite manufacturer Space Systems Loral has appointed three executives to oversee the company™s government systems business unit that provides support to U.S. government clients and related programs. Richard White, senior vice president of government systems at SSL, has been promoted to president of SSL Gover...
The Executive Mosaic GovCon Index closed up for the fifth consecutive day to 91.308 positive 0.507 percent. The GovCon Index advancing companies outpaced decliners 4 to 1. The major markets showed slight negative movement as investors still remain cautious of geopolitical issues in Asian and the Middle East. WTI continued it’s six da...
Wendy Van Wickle, former vice president of ground operations and logistics at Leidos (NYSE: LDOS), has been named executive VP for the logistics and training division within Parsons‘ federal business unit. Parsons said Monday the more than 25-year aerospace and defense industry veteran will oversee the division’s oper...
The following is footage of USS Detroit (LCS-7) firing its 57 mm gun in a series of tests that sank an inbound surface target and destroyed an unmanned aerial vehicle on March 6 and 7, 2017. US Navy/Lockheed Martin Video...
Designed for speed, maneuverability and scalability, X2 Technology„¢ is the foundation for Lockheed Martin™s support to Future Vertical Lift. Sikorsky has invested in and proven X2 Technology„¢ to illustrate its commitment to developing future capabilities that are achievable and affordable for both military and commercial a...
The Executive Mosaic GovCon Index ended Friday up 0.578 percent to 90.822 for the day and closed at a weekly high. Both defense contractors and crude oil futures fared well after the U.S. action against Syria. On Friday GovCon Index advancing companies outpaced decliners 4 to 1. Major market indices reacted minimally to Friday’s...
