Executive Mosaic’s GovCon Index retreated Wednesday on declines by large prime and middle-tier services contractors that offset a surge by McKesson Corp. (NYSE: MCK) in a session that saw U.S. stocks trade in narrow range to close the month of November. U.S. market activity was dominated by the agreement among OPEC countrie...
TYSONS CORNER, VA, Nov. 30, 2016 ” Lockheed Martin (NYSE: LMT) will restructure its training and logistics systems business in an effort to boost client service efficiency and mitigate engineering, development and proposal costs, ExecutiveBiz reported Tuesday. The company said Monday it will categorize its training and logistics offerings into ...
TYSONS CORNER, VA, Nov. 29, 2016 ” Kay Kapoor, president of AT&T‘s (NYSE: T) global public sector solutions business, was among the six female executives from the company to be awarded during the 2016 Stevie Awards for Women in Business, GovCon Executive reported Monday. Kapoor won the silver award in the Woman of the Year catego...
Jacobs Engineering Group Inc. (NYSE: JEC) has been awarded a $350 million contract with the U.S. Army Corps of Engineers’ New England District to restore and maintain the New Bedford Harbor Superfund Site in New Bedford, Massachusetts. The Environmental Protection Agency asked USACE to remove from the site contaminated sediments that resulted ...
Booz Allen Hamilton (NYSE: BAH), Engility (NYSE: EGL) and Decisive Analytics have won spots on a potential $240 million contract to support the statutory and regulatory policy, guidance, specialty engineering and human capital functions of the Washington Headquarters Services. WHS received three offers for the mu...
BAE Systems‘ U.S. subsidiary has received a potential five-year, $86 million contract for management, engineering, maintenance and information technology support to U.S. Navy combat systems. BAE Systems Inc. will help the military branch integrate mission equipment, combat systems and computer programs to support the ...
Executive Mosaic’s GovCon Index posted a small gain Friday to register its second consecutive weekly gain on continued positive sentiment among investors toward defense stocks compared to other sectors. U.S. stocks traded lower Friday on healthcare sector declines to continue the slowdown in markets from the post-election rally but t...
TYSONS CORNER, VA, Nov. 18, 2016 ” CAE (NYSE: CAE) has promoted Joe Armstrong, previously director of training and operation solutions, to vice president and general manager of its Canadian defense and security business unit, GovCon Executive reported Wednesday. He will be responsible for CAE Canada Defense & Security‘s NATO Flyi...
The State Department has approved Qatar’s request to buy 72 Boeing (NYSE: BA) F-15 aircraft, weapons, related support, equipment and training services under a potential $21.1 billion foreign military sales agreement. The Defense Security Cooperation Agency said Thursday the agreement aims to support political stability and ...
The State Department has given Kuwait the go-ahead to procure Boeing-built (NYSE: BA) F/A-18E/F Super Hornet aircraft and related components and support from the U.S. government under a potential $10.1 billion foreign military sales agreement. Boeing, Northrop Grumman (NYSE: NOC), Raytheon (NYSE: RTN) and General Electr...
