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President Donald Trump and Saudi King Salman bin Abd al-Aziz Al Saud have signed a potential $110 billion package of weapons sales agreements in an effort to advance global security and economic development initiatives between the U.S. and Saudi Arabia. The White House said Saturday Trump also inked a Joint Strategic Vision Statement with Salma...

After posting strong quarterly earnings McKesson Corporation lead theGovCon Index. McKesson closed up $11.57 per share (8.18 percent) to $153.01. The Executive Mosaic GovCon Index ended Friday up 1.29 percent to 92.864. The major markets showed significant gains reversing the mid week slump with the DJIA recapturing 53 percent of...

The Executive Mosaic GovCon Index ended the week on a positive note up 1.29 percent on the day and up 0.15 percent on the week. McKesson lead the GovCon Index posting a $11.57 per share value increase (8.18 percent) on yesterday’s strong quarterly earning report. The major markets showed significant gains reversing the mid week slump...

TYSONS CORNER, VA, May 19, 2017 ” Lockheed Martin‘s (NYSE: LMT) Sikorsky subsidiary will provide tail rotor blade repairs in support of the U.S. Army‘s UH-60 Black Hawk helicopters under a $37.6 million contract, ExecutiveBiz reported Thursday. The Defense Department said Wednesday Sikorsky received $18.4 mi...

TYSONS CORNER, VA, May 19, 2017 ” ViON has partnered with storage provider Kaminario to provide flash storage services to potential federal government customers in support of their IT modernization and cloud migration efforts, ExecutiveBiz reported Thursday. The companies will offer the Kaminario K2 all-flash storage array in an as-a-service mo...

TYSONS CORNER, VA, May 19, 2017 ” LMI has hired Mike Flanagan, formerly vice president of CACI International‘s (NYSE: CACI) federal training and warfighter readiness division, as director of the consulting firm’s new southern Virginia regional office, GovCon Executive reported Thursday. Flanagan’s appointment works to sup...

TYSONS CORNER, VA, May 19, 2017 ” BAE Systems‘ military air and information business in the U.K. has showcased a Eurofighter Typhoon combat aircraft and a Hawk trainer jet that the company built for Oman as part of a rollout event, ExecutiveBiz reported Thursday. The company said Monday Oman’s Defense Minister&nb...

The Executive Mosaic GovCon Index moved downward contrary to major market indices. Decliners outpaced advancers 18 to 12. The major markets showed minor movement upward after recovering from significant drop yesterday. At market close WTI followed the markets to close up 0.39 percent to $49.26 as the Algerian Energy Minister indicated that...

TYSONS CORNER, VA, May 18, 2017 ” CACI International (NYSE: CACI) will provide cybersecurity systems support to the Naval Facilities Engineering Command under a $21 million task order from the Space and Naval Warfare Systems Center Atlantic, ExecutiveBiz reported Wednesday. The company said Wednesday the task order awarded under ...