Executive Mosaic’s GovCon Index traded lower Wednesday on sell-offs in its largest defense prime components as U.S. stocks also held modestly down with financial stocks and utilities among the most notable decliners. GovCon Index laggards outnumbered gainers by a 2-to-1 ratio and all 11 of its S&P 500 components fell with Lo...
TYSONS CORNER, VA, Nov. 16, 2016 ” Peter Chiarelli, a retired U.S. Army officer, has been presented the Dr. Jennifer and Dr. Jack London Medal for Distinguished Service by CACI International (NYSE: CACI) Executive Chairman Jack London for the general’s efforts to advance post-traumatic stress and traumatic brain i...
TYSONS CORNER, VA, Nov. 16, 2016 ” The U.S. Navy has awarded L-3 Communications (NYSE: LLL) a $49.5 million indefinite-delivery/indefinite-quantity contract for the supply of binocular night-vision devices, ExecutiveBiz reported Tuesday. The company will provide BNVD goggles with white phosphor tubes that will work to boost visual acuity o...
TYSONS CORNER, VA, Nov. 16, 2016 ” Dubai Airports has awarded Serco‘s Middle East arm a six-year contract to maintain and support a majority of buildings and infrastructure at the Dubai International Airport, ExecutiveBiz reported Tuesday. The company said Monday it will provide facilities management services for the airport’s termi...
TYSONS CORNER, VA, Nov. 16, 2016 ” The Indian navy has expressed an intent to acquire the General Atomics-built Predator B Guardian surveillance drone and electromagnetic aircraft launch system, ExecutiveBiz reported Tuesday. The Indian Express reported Aug. 1 that India has sent letters of request to the Defense Department to procure...
TYSONS CORNER, VA, Nov. 16, 2016 ” The New York State Department of Transportation has awarded ICF (Nasdaq: ICFI) approximately $7 million in additional funds to aid the former’s statewide active and transportation demand management initiative, ExecutiveBiz reported Tuesday. The company said Monday it will help develop NYSDOT’s regi...
Executive Mosaic’s GovCon Index ended its four-day post-election gain streak with a 1-percent decline Tuesday as investors sold defense shares that had surged since Donald Trump’s U.S. presidential election victory Nov. 8. In contrast, U.S. stocks were lifted Tuesday on bounces in technology and energy shares as the l...
TYSONS CORNER, VA, Nov. 15, 2016 ” DigitalGlobe (NYSE: DGI) has launched its new Lockheed Martin-built (NYSE: LMT) commercial imaging satellite onboard an Atlas V rocket from Vandenberg Air Force Base in California, ExecutiveBiz reported Monday. The WorldView-4 satellite will work to increase the number of images in DigitalGlobe’s co...
TYSONS CORNER, VA, Nov. 15, 2016 ” AT&T (NYSE: T) and NASA have partnered to study traffic management methods for unmanned aircraft systems in support of secure drone operations within the national airspace, ExecutiveBiz reported Friday. The company said Thursday it collaborated with the space agency and other firms to develop new wire...
TYSONS CORNER, VA, Nov. 15, 2016 ” IBM (NYSE: IBM) and NVIDIA have collaborated to develop a new machine learning tool that will work to train computers to learn in a human-like manner and boost their overall operational speed, ExecutiveBiz reported Monday. IBM PowerAI is designed to operate with NVIDIA’s NVL...
