Executive Mosaic’s GovCon Index ended the week slightly lower at $5,181.95 (-0.03%) after posting record closes on Monday, Tuesday and Thursday. Also, the index, which tracks the stock performances of 30 major government contractors, gained 2.53% week-on-week, the highest weekly gain since its launch in December 2023. The three major US stock inde...
Client Solution Architects has appointed Jeremy Ross, a business development and capture management leader, as chief growth officer. “I look forward to leveraging the power of technology in providing cutting edge IT modernization, cyber security, training and digital solutions,” Ross said in a LinkedIn post published Tuesday. He brings t...
Executive Mosaic’s GovCon Index was in the red in three of five trading sessions but still ended with a solid 1.43% week-on-week gain. The index, which tracks the stock performances of 30 major government contractors, recorded its largest single-day gain (2.04%) and highest close ($5,105.25) on Tuesday. It was Wall Street’s worst week since Apri...
Digital services company Lithe Solutions has appointed Ravi Gourineni, an information technology executive, as chief operating officer. In a LinkedIn post published Tuesday, the company said Gourineni will oversee growth initiatives and help ensure the delivery of innovative platforms to clients. “[Gourineni’s] expertise in agile develop...
Angela Ambrose, former vice president of government relations and communications/marketing at General Motors‘ (NYSE: GM) defense business arm, was named VP of government operations at Oshkosh (NYSE: OSK). The defense vehicle and equipment manufacturer said Monday Ambrose, who has over two decades of experience in legislative and executive bran...
Executive Mosaic’s GovCon Index recovered from its weak start in July. The index, which tracks the stock performances of 30 major government contractors, had substantial gains in three of five trading sessions, ending 0.58% higher to $4,982.68. Also, the 2.11% week-on-week advance was GCI’s second-strongest weekly gain in 2024. Wall Street had a...
Artificial intelligence has become a key driver of innovation and technological advancement both on and off the battlefield. The U.S. Air Force in particular has placed a heavy focus recently on adopting and integrating AI in multiple areas. Here are just a few of the Air Force’s key AI efforts: Gen AI Chatbots The Air...
The U.S. Space Force’s Space Systems Command has added Blue Origin and Stoke Space Technologies to the vendor pool of launch providers as part of the second on-ramping process to the fourth iteration of the Orbital Services Program. SSC said Wednesday OSP-4 is a potential $986 million indefinite-delivery/indefinite-quantity contract with an or...
Amaan Sattar has transitioned to the role of vice president of program management excellence within the integrated mission systems segment at L3Harris Technologies (NYSE: LHX), according to his LinkedIn post. “In this role, I’ll be responsible for ensuring effective program execution across the portfolio and for leading all program manag...
In the competitive government contracting landscape, your professional network can be your key to success. But not every networking opportunity is worth your while. Service providers and the professional networking crowd can get in the way of meaningful and productive connections with actual senior-level executives and industry leaders. That’s w...
