Executive Mosaic’s GovCon Index extended its current stretch of gains to a fifth straight session Wednesday and a second consecutive all-time record close to stay on track for a third straight weekly rise in a shortened trading week. U.S. stock markets are closed Thursday for the Thanksgiving holiday and are open 9:30 a.m.-1 p.m. Eastern ...
November 21 – November 23, 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Interest rates are all but certain to go up in December and one large defense contractor has seemingly gotten ahead of the game to make one more big buy before the Federal Reserve moves....
Canada plans to buy 18 Boeing-built (NYSE: BA) F/A-18E/F Super Hornet aircraft from the U.S. government on a temporary basis for an undisclosed amount in an effort to support the country™s existing fleet of CF-18 fighter jets, National Post reported Tuesday. David Pugliese writes Canada™s liberal government announced th...
Carey Smith, former president of Honeywell‘s (NYSE: HON) defense and space business, has joined Parsons Corp. as president of the Pasadena, Calif.-based engineering and infrastructure services contractor’s U.S. federal business unit. Parsons said Tuesday Tom Roell will return to his full-time post as vice chairman and chief risk adviser ...
TYSONS CORNER, VA, Nov. 22, 2016 ” Mark Scallion, vice president of SAP‘s (NYSE: SAP) public services unit, has stated that SAP’s federal civilian business has seen increased business in big data and analytics as it works to help agencies consolidate their data into a single platform. Scallion told ExecutiveBiz in an interview ...
Stanley Deal, a 30-year aerospace industry veteran and a senior vice president at Boeing (NYSE: BA), has been named president and CEO of a newly-established global services business unit that brings together functions from the Chicago-based company’s commercial and defense segments. He will directly report to CEO Dennis Muilenburg as a me...
Stephen Seay, a retired U.S. Army general, and Lockheed Martin (NYSE: LMT) veterans John Horvath and Richard Boggs have joined the board of directors at simulation and training services contractor Quantum3D Government Systems. Quantum3D Government Systems said Monday that Seay, Horvath and Boggs will support the companyR...
Executive Mosaic’s GovCon Index advanced for a third consecutive session Monday on a mix of contributions from large primes and services stocks but a sharp fall by Cubic Corp. (NYSE: CUB) pared the GCI’s gain after the contractor’s guidance missed analysts’ expectations. GovCon Index gainers outnumbered decliners by...
TYSONS CORNER, VA, Nov. 21, 2016 ” Carahsoft Technology has partnered with Lexis Nexis to offer the latter’s legal software to government customers through the General Services Administration‘s Schedule 70 and NASA‘s Solutions for Enterprise-Wide Procurement V vehicles, ExecutiveBiz reported Friday. Carahso...
Stephan Farrand, a 16-year aerospace and defense industry veteran, has joined Los Angeles-based visual collaboration platforms provider Oblong Industries as regional sales manager of the company™s federal team. Farrand will work through the company™s office in Arlington, Virginia, and help the firm expand capabilities in support of municip...
