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The Executive Mosaic GovCon Index (GCI) reversed it’s previous two slide to break through 98.00 to close at a new high of 98.178. Advancers outpaced decliners 5 to 1. All the major indices closed positive on the day with the S&P500 and NASDAQ Composite setting new record highs. Stocks were boosted by strong earnings reports and t...

TYSONS CORNER, VA, July 19, 2017 ” Rebecca Cowen-Hirsch, senior vice president for government strategy and policy at Inmarsat, has said the Defense Department and other federal agencies are pursuing policies to drive partnerships with the commercial satellite communications sector to boost U.S. space capabilities, ExecutiveBiz reporte...

TYSONS CORNER, VA, July 19, 2017 ” The Australian government has shortlisted industry teams led by Lockheed Martin (NYSE: LMT) and Northrop Grumman (NYSE: NOC) for the JP 9711 Core Simulation Capability program, ExecutiveBiz reported Tuesday. Shephard Media reported Monday that the teams will seek to secure work to update Austral...

TYSONS CORNER, VA, July 19, 2017 ” CSRA (NYSE: CSRA) has promoted Matthew McFadden from chief technologist for the Defense Innovation Cell to cybersecurity service area director within the company’s digital consulting group, GovCon Executive reported Tuesday. The company said Monday McFadden will work to expand its cyber consult...

The Executive Mosaic GovCon Index (GCI) continued to slid for the second consecutive day closing down 0.425 percent to 97.396. Decliners outpaced advancers 2 to 1. The major indices closed mixed with the S&P500 up and the NASDAQ Composite reaching new record highs while the DJIA closed down . The markets await quarterly earnings report...

TYSONS CORNER, VA, July 18, 2017 ” Concurrent Technologies Corp. plans to launch a new center in Pennsylvania that will work to update manufacturing processes for small modular and advanced reactor systems, ExecutiveBiz reported Friday. The company said Thursday it will operate the future Center for Advanced Nuclear Manufact...

TYSONS CORNER, VA, July 18, 2017 ” Lockheed Martin (NYSE: LMT) Executive Vice President Rick Ambrose has received recognition from the National Defense Industrial Association for his work in the space systems industry, GovCon Executive reported Friday. NDIA said its space division will present the Peter B. Teets Award to Ambrose, head...