TYSONS CORNER, VA, Jan. 3, 2017 ” The Defense Information Systems Agency has awarded Leidos (NYSE: LDOS) a potential five-year, $98.1 million contract for an updated field artillery tactical data system, ExecutiveBiz reported Friday. The system will work to address the mission needs of the U.S. Army™s program executive office for comm...
TYSONS CORNER, VA, Jan. 3, 2017 ” The Professional Services Council has appointed new executives and re-elected continuing members to serve on its 2017 board of directors and executive committee, GovCon Executive said Tuesday. The organization said Dec. 16 the board will be comprised of 26 executives, including Engility (NYS...
TYSONS CORNER, VA, Jan. 3, 2017 ” Amazon (Nasdaq: AMZN) will employ a backup communications interface for its delivery drones as a first line of defense against jamming, hacking and human attacks, ExecutiveBiz reported Friday. The company plans to utilize a “mesh network” of multiple autonomous vehicles upon the compromise of a...
Executive Mosaic’s GovCon Index registered a loss Friday to close what was only its second weekly decline since the Nov. 8 election of Donald Trump and end December in the negative. GCI decliners outnumbered gainers by a 3-to-1 ratio in the last trading session of 2016, while 25 out of 30 Index companies advanced on a yearly bas...
Executive Mosaic’s GovCon Index retreated Friday in the final trading session of 2016 to close a negative December but but a positive year on a boost to defense stocks in the post-election rally that has swept through U.S. markets. The GovCon Index closes 2016 with a year-to-date gain of 16.73 percent as the U.S. stock...
TYSONS CORNER, VA, Dec. 30, 2016 ” Orbital ATK (NYSE: OA) is exploring new mission opportunities for its Pegasus XL air-launched rocket after the launch of NASA‘s Ionospheric Connection Explorer satellite in June 2017, ExecutiveBiz reported Thursday. Spaceflight Now reported Tuesday the company has no plans of phasing ...
TYSONS CORNER, VA, Dec. 30, 2016 ” The Professional Services Council has elected PV Puvvada, president of Unisys‘ (NYSE: UIS) federal business unit, to serve on its board of directors for another three years, GovCon Executive reported Dec. 23. Puvvada was also appointed as a new member on its executive committee and as chairman of PS...
TYSONS CORNER, VA, Dec. 30, 2016 ” The U.S. Air Force has awarded Engility (NYSE: EGL) a $46.3 million contract option to provide support services to the Space and Missile Systems Center’s remote sensing systems directorate, ExecutiveBiz reported Thursday. Engility will conduct systems engineering and integration controls, enter...
TYSONS CORNER, VA, Dec. 30, 2016 ” Rebecca Cowen-Hirsch, senior vice president for government strategy and policy at Inmarsat, has stated that the government’s current satellite communications procurement model is fragmented and unable to address new complex demand, ExecutiveBiz reported Dec. 22. “The government should no longer fol...
Executive Mosaic’s GovCon Index moved higher Thursday on broad gains among defense primes and services contractors as U.S. stocks closed slightly lower in a mostly quiet penultimate trading session for 2016. Investors continued their post-election focus on defense and other GovCon stocks, while the S&P 500 composite index turned ...
