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The Executive Mosaic GovCon Index closed down today 0.477 percent to 95.33. Advancing and declining shares were pretty much evenly split. The major indices closed mixed on the day with the S&P500 and DJIA down and the NASDAQ up. The continued drop in oil prices pulled energy and industrial stocks down, as technology stocks moved up. WT...

TYSONS CORNER, VA, June 21, 2017 ” Deloitte has said in a new report that revenue in the global aerospace and defense sector grew 2.4 percent to reach $674.4 billion in 2016 led by the European commercial and U.S. defense subsectors, ExecutiveBiz reported Friday. The company said Thursday revenue for the global defense subse...

TYSONS CORNER, VA, June 21, 2017 ” AT&T (NYSE: T) has collaborated with the First Responder Network Authority to issue state plans for the eventual adoption of the FirstNet national public safety broadband network for first responders, ExecutiveBiz reported Tuesday. The company said Tuesday officials at U.S. states and territ...

TYSONS CORNER, VA, June 21, 2017 ” Hewlett Packard Enterprise (NYSE: HPE) will provide its SGI 8600 liquid-cooled petascale platform and Enhanced Hypercube system topology in a partnership with Mellanox Technologies to expand a supercomputer at NASA‘s Ames Research Center, ExecutiveBiz reported Tuesday. Mellanox said Monday...

The Executive Mosaic GovCon Index closed down today 0.813 percent to 95.427, reversing yesterdays positive close. Decliners outpaced advancers 6 to 1. All three the of the major indices were down on the day as energy and oil producing companies stocks fell while crude oil prices plummet. WTI crude oil closed down for the second consecutive...

TYSONS CORNER, VA, June 20, 2017 ” Deloitte has received accreditation as a third-party assessment organization for the Federal Risk and Authorization Management Program and will work to vet cloud computing services offered to the federal government, ExecutiveBiz reported Monday. Deloitte said Thursday the American...

TYSONS CORNER, VA, June 20, 2017 ” Lockheed Martin (NYSE: LMT) has tapped Harris (NYSE: HRS) to provide the Aircraft Memory System and Panoramic Cockpit Display Electronic Unit for the F-35 aircraft’s mission system avionics, ExecutiveBiz reported Monday. Harris said Monday its technologies will work to build on the fighter...

TYSONS CORNER, VA, June 20, 2017 ” An executive at Boeing‘s (NYSE: BA) defense, space and security business has joined the board of directors of the Network Centric Operations Industry Consortium, GovCon Executive reported Monday. NCOIC said Thursday Chris Ahsmann, vice president of mission system at BDS, will help lead the...

TYSONS CORNER, VA, June 20, 2017 ” The U.S. Air Force has developed an updated communications device to connect ground forces and aircrew of the General Atomics-built MQ-9 Reaper unmanned aerial vehicle during counterterrorism operations, ExecutiveGov reported Monday. The service branch said Thursday the “Frankenphone” fea...

TYSONS CORNER, VA, June 20, 2017 ” Raytheon (NYSE: RTN) will perform repairs on the APS-137 radar system installed on the U.S. Air Force‘s P-3 Orion maritime patrol aircraft under a potential $17.8 million order, ExecutiveBiz reported Monday. The Defense Department said Friday the order is part of a previously awarded ...