Executive Mosaic’s GovCon Index closed at an all-time record high Monday with large aerospace-and-defense primes the main contributors to gains after President Donald Trump unveiled his proposal to raise military spending 9 percent for the next federal fiscal year. U.S. stocks also posted small gains as the benchmark S&P 500 composite...
TYSONS CORNER, VA, Feb. 27, 2017 ” Science Applications International Corp. (NYSE: SAIC) has unveiled a prototype amphibious combat vehicle it developed for the U.S. Marine Corps based on ST Kinetics‘ TERREX, ExecutiveBiz reported Wednesday. The company said Tuesday ACV 1.1 will work to transport combat units from ship to shore ...
Thom Mason, director of the Energy Department‘s Oak Ridge National Laboratory, will step down from his position by July 1 after 10 years on the job to become senior vice president for laboratory operations at nonprofit research and development company Battelle. He will help govern each Battelle-managed laboratory, enga...
Executive Mosaic’s GovCon Index closed higher Friday to end its fourth straight weekly gain as investors eyed defense stocks after President Donald Trump repeated his election campaign pledge to build up the military during a speech in Washington. U.S. equities also posted narrow gains and the benchmark S&P 500 composite index ended the we...
Weekly Roundup February 21 – February 24 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson STG Group announced the next step in its journey as a publicly-traded government contractor this week with its first acquisition since the company started to offer its shares in th...
Canada-based communications services company MacDonald, Dettwiler and Associates has agreed to acquire Earth imaging services provider DigitalGlobe (NYSE: DGI) in an estimated $3.6 billion transaction to expand MDA’s footprint in the global satellite imagery market. MDA said Friday it will pay $2.4 billion in cash-and-...
Charles Woodburn, chief operating officer at BAE Systems, will officially assume the chief executive role after Ian King retires from the British defense company at the end of June. “Since his appointment last year, Charles has made an important contribution to the company, bringing impeccable engineering credentials, broad internati...
Eight companies have received contracts worth a combined $17 million to help NASA advance small launch and space vehicle technologies under the second round of the agency’s Utilizing Public-Private Partnerships to Advance Tipping Point Technologies program. NASA said Thursday each contract contains a performa...
Aerojet Rocketdyne Holdings (NYSE: AJRD) has agreed to acquire L3 Technologies‘ (NYSE: LLL) Coleman Aerospace business for $15 million cash in a push to expand the former’s systems engineering and mission analysis expertise. Coleman Aerospace will be renamed “Aerojet Rocketdyne Coleman Aerospace Inc.”...
MEDITERRANEAN SEA (Feb. 14, 2017) Footage of flight operations and Sailors conducting a foreign object debris (FOD) walkdown on the flight deck of the aircraft carrier USS George H.W. Bush (CVN 77) during missions in support of Operation Inherent Resolve (OIR). The George H.W. Bush Carrier Strike Group is conducting naval operations in the U.S....
