TYSONS CORNER, VA, Sept. 21, 2016 ” Rebecca Cowen-Hirsch, senior vice president for government policy, strategy and outreach at Inmarsat‘s government services business, has said satellite communications as a service works to deliver an integrated satcom architecture for the Defense Department, ExecutiveBiz reported Tuesday. Cowen-Hir...
Executive Mosaic’s GovCon Index closed in narrow range Tuesday after Cowen and Company downgraded the stock of military shipbuilder Huntington Ingalls Industries (NYSE: HII) and GCI decliners over gainers at roughly 2-to-1 ratio. Newport News, Virginia-based Huntington Ingalls ended as the GovCon Index’s worst net performe...
New York City-based unmanned vehicle maker Drone USA has concluded its purchase of wholesale distribution company Howco Distributing Corp. for $3.5 million in cash, promissory notes and warrants. Drone USA said Tuesday it will have access to Howco™s facility leases and related intellectual property and establish co...
Danny Pummill, former undersecretary for benefits at the Department of Veterans Affairs, has joined Chantilly, Virginia-based government services contractor Femme Comp Inc. as executive vice president and chief operating officer. FCI said Monday Pummill will report to FCI President and CEO John Bronson and oversee the company...
Executive Mosaic’s GovCon Index rose Monday in an attempt to close above the 80-point barrier for the first time since Sept. 12 on gains by large defense primes and services-oriented companies. The GCI’s positive movement contrasted activity in U.S. financial markets as stocks turned south in the final hour of trade a...
Wiener Kernisan, formerly vice president of sales and marketing at Arianespace‘s U.S. subsidiary, has been promoted to president of the Arianespace Inc. business effective Sept. 26. The France-based multinational company said Friday Kernisan will manage customer, industry and governmental relations at its Was...
The U.S. Navy has awarded 14 companies spots on a potential five-year, $750 million contract for administrative, healthcare and clerical support services. The service branch awarded the multiple-award, indefinite-delivery/indefinite-quantity contract through a competitive procurement process with 112 proposals received, the Defense De...
The U.S. Navy has awarded a five-year, $400 million contract to a General Dynamics (NYSE: GD) subsidiary to repair in-service nuclear-powered submarines, special mission submersibles, moored training ships and submarine support installations. General Dynamics Electric Boat will provide maintenance, overhaul, modernization, technical...
Anne Rung, administrator of the Office of Management and Budget™s Office of Federal Procurement Policy, will step down from her position by the end of September after two years on the job, Federal News Radio reported Friday. Jason Miller writes Rung will serve as head of Amazon Business (Nasdaq: AMZN) and will be responsible for...
Executive Mosaic’s GovCon Index held negative Friday to end at a weekly decline as U.S. stock markets extended the current stretch of sharp swings between gains and losses as the Federal Reserve‘s next two-day meeting looms for Tuesday and Wednesday. Decliners outnumbered advancers 9-to-1 and all of the GovCon Index’s S&P ...
