Executive Mosaic’s GovCon Index extended its losses Wednesday on another steep drop by Lockheed Martin (NYSE: LMT) and declines by services contractor stocks despite an afternoon reversal by U.S. stocks into narrow range from red after the latest Federal Reserve meeting minutes went public. GCI gainers slightly outnumbered laggers wi...
TYSONS CORNER, VA, Aug. 17, 2016 ” LMI has secured a one-year, $500, 000 task order for environmental remediation and systems engineering support services to the U.S. Air Force‘s civil engineer center, ExecutiveBiz reported Tuesday. LMI said Monday it will collaborate with the Analysis, Planning, and Management Institu...
TYSONS CORNER, VA, Aug. 17, 2016 ” AT&T (NYSE: T) has rolled out an internet protocol-based interoperability service for first responders, public departments and transportation agencies that communicate using land mobile radio systems, ExecutiveBiz reported Tuesday. The Inter-RF Subsystem Interface connectivity...
TYSONS CORNER, VA, Aug. 17, 2016 ” Intel (Nasdaq: INTC) has developed obstacle avoidance technology for unmanned aircraft systems in support of its efforts to expand into the UAS market, ExecutiveBiz reported Tuesday. UAS Magazine reported Monday its RealSense sensor package offering and the new advisory roles of company executiv...
TYSONS CORNER, VA, Aug. 17, 2016 ” Lockheed Martin‘s (NYSE: LMT) PAC-3 Missile Segment Enhancement interceptor system has reached initial operational capability status following a review by the U.S. Army, ExecutiveBiz reported Tuesday. The company said Tuesday it previously achieved Milestone C approval for P...
TYSONS CORNER, VA, Aug. 17, 2016 ” General Atomics has conducted a ballistic missile tracking test using a Predator B/MQ-9 Reaper remotely piloted aircraft equipped with Raytheon‘s (NYSE: RTN) Multi-spectral Targeting Systems-B electro-optical infrared turret system, ExecutiveBiz reported Tuesday. The test was held dur...
Roger Krone, chairman and CEO of Leidos (NYSE: LDOS), told CNBC in an interview aired Tuesday that he thinks that all U.S. presidents tend to act the same way when it comes to the country™s defense and security of its citizens. Krone made the comment in response to a question on the potential impacts of the change...
Executive Mosaic’s GovCon Index dropped at least one full net point Tuesday for the first time since June 24 on a sharp drop in Lockheed Martin (NYSE: LMT) shares upon the defense contractor’s completion of the spinoff and subsequent merger of its government and technical services business into Leidos Holdin...
TYSONS CORNER, VA, Aug. 16, 2016 ” The Department of Homeland Security has awarded a DynCorp International subsidiary a potential $700, 000 contract to provide training on elicitation and detecting deception to the Immigration and Customs Enforcement agency’s investigative arm, ExecutiveBiz reported Monday. Phoenix Consulti...
TYSONS CORNER, VA, Aug. 16, 2016 ” Defense Department acquisition chief Frank Kendall has granted Milestone C approval to Boeing‘s (NYSE: BA) KC-46A Pegasus refueling tanker aircraft developed for the U.S. Air Force, ExecutiveBiz reported Monday. Boeing is due to receive two contracts worth a combined $2.8 billion...
