Executive Mosaic’s GovCon Index added at least one full percentage point for the second session in three Thursday to complete a reversal of its losses stemmed from the two-day selloff in global financial markets after Britain’s Thursday vote to leave the European Union. The GovCon Index closed up 2.066 percent to 79.5...
The U.S. Navy has awarded 21 companies positions on a potential five-year, $750 million contract to provide command-and-control systems and related support services to the Department of the Navy. The Space and Naval Warfare Systems Center Atlantic in Charleston, South Carolina, awarded the indefinite-delivery/indefinite-quantity contract throug...
The Federal Retirement Thrift Investment Board has awarded investment consulting contracts valued at up to $4 million each to AON Hewitt Investment Consulting, Mercer Investment Consulting, NEPC and RVK, Federal News Radio reported Tuesday. David Thornton writes the companies will bid on financial management and s...
Executive Mosaic’s GovCon Index staged a second consecutive session of recovery Wednesday from the post-Brexit shock that loomed over global financial markets during the prior two trading days with McKesson Corp. (NYSE: MCK) as the top driver of gains with the prime defense stocks and platform also top performers. The GovCon Index closed ...
TYSONS CORNER, VA, June 29, 2016 ” Iron Mountain (NYSE: IRM) will provide its underground data center in western Pennsylvania as primary colocation provider for NEC‘s SAP HANA private cloud service, ExecutiveBiz reported Tuesday. The WPA-1 data center works to host the SAP HANA service for NEC and facilitate compliance, security...
Jonathan Whitcomb, president of the technical services segment at engineering and scientific services contractor Dynetics, will retire from the company after a two-decade career there on July 1. Dynetics said Tuesday that Stephen Cook, a corporate vice president, has been appointed to the role of acting president for the segment....
Maria Bishop, corporate controller of Science Applications International Corp. (NYSE: SAIC), has been appointed as interim chief financial officer of the company and will continue to serve in her current role. The company said Tuesday Bishop will take over the CFO responsibilities from John Hartley, who announced ...
Darius Adamczyk, president and chief operating officer at Honeywell (NYSE: HON), will serve as the technology and manufacturing company™s CEO, effective March 31, 2017. Adamczyk will succeed Dave Cote, who will continue to serve as Honeywell™s executive chairman through April 2018 and then commence a five-year noncompete and consultin...
David Mellors, chief financial officer at British robotics technology maker QinetiQ Group, will join U.K.-based aerospace and defense contractor Cobham as CFO on a yet unconfirmed date no later than Jan. 1, 2017. Cobham said Wednesday that current CFO Simon Nicholls will depart the company later in the year and remain i...
Executive Mosaic’s GovCon Index received a modest boost Tuesday from attempts by U.S. and global equity markets to shake off a two-day rout spurred by Britain’s vote to leave the European Union with help from strong activity in McKesson Corp. (NYSE: MCK) and Honeywell (NYSE: HON). The GovCon Index gained 0.7...
