Executive Mosaic’s GovCon Index tumbled Tuesday on declines from major military shipbuilders and defense technology makers as U.S. stocks traded lower with a 2.28-percent decline by financial shares the main contributor after a three-day weekend for equity markets. GovCon Index laggards outnumbered advancers by an...
TYSONS CORNER, VA, Jan. 17, 2017 ” A Maximus (NYSE: MMS) subsidiary was awarded a spot under Region Six of a framework contract that will support the U.K. government’s delivery of employment and health services, ExecutiveBiz reported Friday. Maximus said Thursday Remploy may bid for prime contracts through the U.K...
Boeing (NYSE: BA) CEO Dennis Muilenburg told reporters Tuesday after his hour-long meeting with President-elect Donald Trump that the company has moved forward on efforts in “simplifying requirements” for the future Air Force One replacement airplane with combat jets also a topic of discussion there. Trump first criticized the ...
TYSONS CORNER, VA, Jan. 17, 2017 ” Harris (NYSE: HRS) has received a three-year contract from the National Spectrum Consortium to build a narrowband configuration of the Defense Department‘s open-standard voice and data waveform, ExecutiveBiz reported Friday. The company said Wednesday the narrowband mode for the Soldier Ra...
TYSONS CORNER, VA, Jan. 17, 2017 ” The Defense Advanced Research Projects Agency has awarded Vencore‘s research arm a 17-month, $2.5 million contract to help update airborne systems and networks under a program that seeks to ensure uninterrupted communications, ExecutiveBiz reported Friday. Vencore Labs will ...
TYSONS CORNER, VA, Jan. 17, 2017 ” Rick Lober, vice president and general manager of Hughes Network Systems‘ defense and intelligence systems division, has said the company aims to expand its mobility service offerings through its partnership with Airbus. He said in an interview with ExecutiveBiz published Jan. 10 Hughes w...
TYSONS CORNER, VA, Jan. 17, 2017 ” Dawn Scalici, global government business director at Thomson Reuters, has said government agencies will need to adopt data strategies and collaborate with the private sector to help utilize both internal and external data to support mission objectives. She told ExecutiveBiz in an int...
Executive Mosaic’s GovCon Index closed Friday with a 0.464-percent climb to 88.863 as gainers outnumbered laggards at a 2-to-1 ratio with strong performances by defense prime stocks. L3 Technologies (NYSE: LLL) was GCI’s top net performer while Vectrus (NYSE: VEC) led the listed stocks in percentage gained. The Index’...
Executive Mosaic’s GovCon Index rebounded Friday with strong performances by defense prime stocks as U.S. stocks rose on investor optimism from quarterly earnings beats by large financial institutions and positive retail sales numbers from December. GovCon Index gainers outnumbered laggards by a 2-to-1 ratio and nine of its 11 S&P 500 stoc...
Lockheed Martin (NYSE: LMT) is “close to a deal” on a new contract that would “significantly” bring down costs of the next line of F-35 fighter jets and add 1, 800 new jobs at its Fort Worth, Texas facility that houses production, the company’s chief executive said Friday after a meeting with President-elect D...
