TYSONS CORNER, VA, Sept. 13, 2016 ” An L-3 Communications (NYSE: LLL) subsidiary will provide logistics services for the U.S. Air Force‘s T-1A Jayhawk trainer aircraft under a $49.2 million contract modification, ExecutiveBiz reported Monday. The Defense Department said Friday the award to Vertex Aerospace exercises an opti...
Phillip Lacombe, former head of the commercial cybersecurity and secure mission solutions businesses at Parsons, has been named president and chief operating officer at Reston, Virginia-based government services contractor STG. STG said Sept. 6 he will lead the company’s efforts to identify new business opportunit...
Executive Mosaic’s GovCon Index reversed it’s Friday closing position with a significant advance to 80.727, up 1.13 percent. All thrifty stock in the index advanced. Fed Governor Lael Brainard addressing The Chicago Council on Global Affairs “counsels prudence in the removal of policy accommodation.” Markets move t...
TYSONS CORNER, VA, Sept. 12, 2016 ” In-Q-Tel and Zoomdata have partnered to address the big data management requirements of the intelligence community using the latter’s visual analytics platform under a new strategic investment and technology agreement, ExecutiveBiz reported Friday. The agreement works to up...
TYSONS CORNER, VA, Sept. 12, 2016 ” An IDC MarketScape vendor assessment report has recognized Unisys‘ (NYSE: UIS) security and cloud offerings and ranked the company as a “leader” among systems integrators for the federal government, GovCon Executive reported Friday. IDC stated that Unisys supports fe...
TYSONS CORNER, VA, Sept. 12, 2016 ” Microsoft (Nasdaq: MSFT) has unveiled a new pricing tool that works to estimate the cost of using the Azure Government cloud computing platform, ExecutiveBiz reported Friday. A Microsoft blog post published Tuesday said government agency users can use the tool to calculate their monthly bill and dow...
TYSONS CORNER, VA, Sept. 12, 2016 ” Mitre has named Van Cleve & Associates and Open Works Engineering as the winners of its competition to test new systems that work to detect and counter small drones that could potentially pose a threat, GovCon Executive reported Friday. The nonprofit organization said Thursday Van Clee...
TYSONS CORNER, VA, Sept. 12, 2016 ” DigitalGlobe‘s (NYSE: DGI) Direct Access Program for international partners on the WorldView satellite service will receive support from Orbit Logic‘s updated Direct Access Facility Collection Planning Systems software, ExecutiveBiz reported Friday. Orbit Logic said Wednesday t...
Executive Mosaic’s GovCon Index closed Friday with a 2.30-percent drop to 79.822 to post a two-month low with all 30 registered companies in the negative. U.S. markets also dropped with the S&P 500 at 2, 127.81, the Dow Jones Industrial Average at 18, 085.45 and Nasdaq at 5, 125.91. Investors have express...
Executive Mosaic’s GovCon Index closed down sharply to reach a two month low. The Index retreated back to levels not seen since early July with all thirty companies declining. Markets responded to intensified fears that the Federal Reserve could finally pull the trigger on raising rates after a nearly ten month hiatus. Companies have bene...
