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Executive Mosaic’s GovCon Index and U.S. stocks fell Tuesday at their worst one-day declines over the past month as investors looked ahead to President Donald Trump’s speech before a joint session of Congress at 9:00 p.m. Eastern time for further clues on his economic agenda that has included promises of tax cuts, deregula...

TYSONS CORNER, VA, Feb. 28, 2017 ” Ed Sheehan, president and CEO of Concurrent Technologies Corp., has said he anticipates growth in federal defense spending for fiscal year 2018 under Donald Trump’s administration, ExecutiveBiz reported Monday. The Tribune-Democrat reported Sunday Sheehan noted potential advantages to local contract...

TYSONS CORNER, VA, Feb. 28, 2017 ” Microsoft (Nasdaq: MSFT) has unveiled a new Cybersecurity Engagement Center in Mexico in efforts to support Latin American government and enterprise customers’ programs against cyber threats, ExecutiveBiz reported Monday. The company said Friday the center aims to drive response against cyber crimes...

TYSONS CORNER, VA, Feb. 28, 2017 ” Ensco has added Steven Bratt, most recently chief technology officer and president for standards development at the international organization GS1, as a member of the company’s board of directors, GovCon Executive reported Monday. Ensco said Thursday Bratt is co-founder of the World Wide Web Fo...

TYSONS CORNER, VA, Feb. 28, 2017 ” The aeronautical systems business of General Atomics will work with industry partners Raytheon (NYSE: RTN), CAE (NYSE: CAE), Cobham and Flight Data Systems to support the Australian military’s Project Air 7003, ExecutiveBiz reported Monday. General Atomics said Tuesday the team aims t...

Robert Miller III, a former capture manager at KEYW Corp. (Nasdaq: KEYW), has been named director of business development for the security and intelligence division at Parsons‘ federal group. Parsons said Monday that Miller brings more than 16 years of capture and program management, signals intelligence, software deve...

Executive Mosaic’s GovCon Index closed at an all-time record high Monday with large aerospace-and-defense primes the main contributors to gains after President Donald Trump unveiled his proposal to raise military spending 9 percent for the next federal fiscal year. U.S. stocks also posted small gains as the benchmark S&P 500 composite...

TYSONS CORNER, VA, Feb. 27, 2017 ” Inmarsat will build satellite application programs for disaster relief, healthcare and sustainable fishing under a grant award from the U.K. space agency, ExecutiveBiz reported Friday. The company said Wednesday the grant seeks to identify potential uses of satellite technology to address local commu...

TYSONS CORNER, VA, Feb. 27, 2017 ” Lockheed Martin (NYSE: LMT) has signed a memorandum of understanding with Abu Dhabi Ship Building Company to provide sustainment support for the United Arab Emirates’ naval assets, ExecutiveBiz reported Friday. The MOU covers joint maintenance, repair and overhaul services for the UAE navy...