The Executive Mosaic GovCon Index (GCI) ended Friday down .745 percent from Tuesday’s opening value. Friday saw the platform companies Navistar International, BAE Systems, Textron Inc., and Boeing all sharing the top four slots of the GCI, all posting in excess of 1.0 percent gains. The short trading week saw the major indices all po...
The Executive Mosaic GovCon Index (GCI) reversed its positive direction yesterday to close down 0.762 percent to 101.346. Advancing and declining shares closed evenly on the day. The platform companies Navistar International, BAE Systems, Textron Inc., and Boeing all shared the top slots of the GCI, all posting in excess of 1.0 percent gai...
TYSONS CORNER, VA, Sept. 8, 2017 ” A General Atomics business unit has added five more industry partners to support work on an Australian government project that aims to develop a medium-altitude, long-endurance remotely piloted aircraft, ExecutiveBiz reported Thursday. The company said Wednesday the new members of the Gener...
TYSONS CORNER, VA, Sept. 8, 2017 ” IBM (NYSE: IBM) has entered into a partnership with the Massachusetts Institute of Technology to establish a $240 million laboratory that will facilitate joint research and development efforts in artificial intelligence, ExecutiveBiz reported Thursday. The company said Thursday it will work with MIT to op...
TYSONS CORNER, VA, Sept. 8, 2017 ” Johns Hopkins University Applied Physics Laboratory has built an unmanned vehicle prototype that works to operate both underwater and in the air to collect data on large bodies of water, ExecutiveBiz reported Thursday. The lab said Wednesday the Flying Fish is a fixed-wing, unmanned aerial-aquatic ve...
TYSONS CORNER, VA, Sept. 8, 2017 ” Boeing (NYSE: BA) has appointed Troy Lahr, vice president of investor relations, to serve as chief financial officer of the autonomous systems business and board member at the company’s United Launch Alliance joint venture with Lockheed Martin (NYSE: LMT) beginning Sept. 22, GovCon Executive reported Thu...
After two days of downward direction, The Executive Mosaic GovCon Index (GCI) closed up 0.456 percent to 101.643. Advancing outpaced declining shares 2 to 1. Navistar International at the top of the GCI, reported Wednesday a fiscal third quarter net profit of $37 million as compared to a $34 million loss reported the same pe...
TYSONS CORNER, VA, Sept. 7, 2017 ” Robert Hahn, president of LexisNexis‘ Reed Tech subsidiary, has said the federal government should aim to adopt agile project cycles, streamline the procurement process and employ top technological talent in order to drive innovation. He told ExecutiveBiz in an interview published Tuesday that digit...
TYSONS CORNER, VA, Sept. 7, 2017 ” Cubic‘s (NYSE: CUB) global defense business has received a “Red Ribbon” award from the Military Simulation & Training Magazine under the “Best Programs” category for the company’s virtual military training platform, GovCon Executive reported Tuesday. The company said Tue...
TYSONS CORNER, VA, Sept. 7, 2017 ” Microsoft (Nasdaq: MSFT) has added its Network Performance Monitor tool for checking hybrid network connectivity as part of the Azure Government Cloud-Virginia platform, ExecutiveBiz reported Wednesday. Sarah Weldon, Azure program manager at Microsoft, wrote in a blog post published Tuesday that NPM ...
