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David Wennergren, executive vice president and chief operating officer of the Professional Services Council, has been named managing director at Deloitte Consulting LLP in a move that takes effect July 5. Deloitte said Monday his work at the company will focus on information technology modernization services for fe...

The Executive Mosaic GovCon Index posted gains to close at 93.283 up 0.605 percent, with advancers shares outpacing and decliners shares 4 to 1. The S&P 500 index and NASDAQ index hit record highs as oil shows a strong rebound and energy and financial sectors lead gains. WTI rose again for the fourth consecutive day up $1.10...

TYSONS CORNER, VA, May 15, 2017 ” Leidos (NYSE: LDOS) Vice President Nevin Carr, who also serves as the company’s U.S. Navy strategic account executive, has joined the board of directors of the Association for Unmanned Vehicle Systems International, GovCon Executive reported Friday. “Nevin™s proven track record of driving growt...

TYSONS CORNER, VA, May 15, 2017 ” Booz Allen Hamilton (NYSE: BAH) has opened a new office in South Carolina as the company works to expand its digital solutions business to provide technology support to federal government agencies, ExecutiveBiz reported Friday. The company said Thursday the 75,000-square-foot Charleston Digital Hub is proj...

TYSONS CORNER, VA, May 15, 2017 ” Thales has unveiled a new cybersecurity facility in Hong Kong as part of efforts to deliver cyber surveillance services to customers in the Asia-Pacific market, ExecutiveBiz reported Friday. The company said Thursday the Asia-based hub is its fifth Cybersecurity Operations Center in the world and...

TYSONS CORNER, VA, May 15, 2017 ” Raytheon (NYSE: RTN) will work to design, develop and manufacture three units of the Three-Dimensional Expeditionary Long-Range Radar system for the U.S. Air Force under a potential $52.7 million contract, ExecutiveBiz reported Friday. The Defense Department said Thursday the company will perform...

Fridays The Executive Mosaic GovCon Index closed down 0.600 percent to 92.722 as decliners significantly out-weighted advancers 27 to 3. The U.S. major markets Friday closed mixed with the S&P500 and DJIA down and the NASDAQ up on both the daily and weekly outcome. At Friday market close WTI rose again for the third consecutive day up...

TYSONS CORNER, VA, May 12, 2017 ” James Reagan, chief financial officer of Leidos (NYSE: LDOS), has expressed a positive outlook regarding federal spending following the approval of the $1 trillion fiscal 2017 omnibus budget, which includes a $21 billion increase for defense, ExecutiveBiz reported Thursday. “Where we see the mon...

Weekly Roundup May 8 – May 12 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson It™s been nearly a decade since Satoshi Nakamoto first dreamt up the core component of the technology known as blockchain “ the decentralized, digital currency Bitcoin has evolved i...