Executive Mosaic’s GovCon Index rose for a second straight session Thursday to extend gains on the Federal Reserve‘s Wednesday decision to leave interest rates unchanged on a mix of contributions from large defense platform makers and services-oriented contractors. Thursday also represented the GovCon Index’s first day of...
TYSONS CORNER, VA, Sept. 22, 2016 ” John Lee, vice president for cloud services at Carahsoft Technology, has outlined the impact of the General Services Administration‘s initiative to accelerate the authorization process for cloud service providers under the Federal Risk and Authorization Management Program, ExecutiveBiz re...
TYSONS CORNER, VA, Sept. 22, 2016 ” Chris Pehrson, senior director of strategic development at General Atomics‘ aeronautical systems business, has said unmanned aerial vehicles should have added functionalities to support mission reassignment, ExecutiveBiz reported Wednesday. Pehrson was one of the participants in a discussion of the...
The State Department has given Japan the go-ahead to purchase the Boeing-built (NYSE: BA) KC-46A Pegasus tanker aircraft and related support from the U.S. government under a potential $1.9 billion foreign military sales agreement. Japan asked to procure four KC-46A aerial refueling planes equipped with Raytheon-made (NYSE: RTN) A...
Sujey Edward, formerly vice president of Salient CRGT™s Agile Innovation Center and Agile Center of Excellence, has joined Octo Consulting Group as chief technology officer. He will report directly to Octo founder and CEO Mehul Sanghani and be responsible for the Tysons Corner, Virginia-based contractor’s information technology ...
Executive Mosaic’s GovCon Index added 1 percent Wednesday to record its best session in two months and close above 80 points for the first time since Sept. 12 with 29 out of 30 stocks in positive after the Federal Reserve left benchmark interest rates unchanged and signaled a potential move in December. All of the GovCon...
TYSONS CORNER, VA, Sept. 21, 2016 ” Northrop Grumman (NYSE: NOC), prime contractor on the U.S. Air Force‘s B-21 program, has unveiled that the service branch’s future long-range strike bomber will be called the Raider, ExecutiveBiz reported Tuesday. The company said Monday Air Force Secretary Deborah Lee James announced th...
TYSONS CORNER, VA, Sept. 21, 2016 ” Lockheed Martin (NYSE: LMT) has unveiled a bioenergy plant in New York that works to transform waste into renewable energy using a Concord Blue-built technology platform, ExecutiveBiz reported Tuesday. The technology utilizes the advanced gasification process to produce synthetic gas that could power a c...
TYSONS CORNER, VA, Sept. 21, 2016 ” Cameron Chehreh, chief technology officer of Dell‘s federal business, has said legacy applications are a key challenge to agency chief information officers as they work to lead information technology modernization efforts, ExecutiveBiz reported Tuesday. Chehreh told MeriTalk in ...
Executive Mosaic’s GovCon Index closed in narrow range Tuesday after Cowen and Company downgraded the stock of military shipbuilder Huntington Ingalls Industries (NYSE: HII) and GCI decliners over gainers at roughly 2-to-1 ratio. Newport News, Virginia-based Huntington Ingalls ended as the GovCon Index’s worst net performe...
