Executive Mosaic’s GovCon Index declined Tuesday with major defense primes and large services companies the major contributors to its losses as U.S. stocks also tumbled on a stronger dollar and a muted global outlook from the International Monetary Fund. GovCon Index gainers outnumbered laggers by a 2-to-1 ratio, McKesson Corp. ...
L-3 Communications (NYSE: LLL) has acquired pilot and aircraft maintenance technician training company Aerosim for an undisclosed sum in a push to complement L-3’s airline crew training, resourcing and simulation offerings. New York City-based L-3 said Tuesday it will integrate Aerosim into the defense technology ...
McCrone Associates and Schafer Vallecitos Laboratories have received a pair of potential eight-year contracts to provide non-personal services for the U.S. Air Force™s technical applications center. The military branch awarded McCrone a potential $91 million cost-plus-fixed-fee contract and Schafer a $90 million indefinite-delivery/indefin...
The U.S. Navy has awarded separate contract modifications to General Dynamics‘ (NYSE:GD) NASSCO subsidiary and Huntington Ingalls Industries‘ (NYSE:HII) Ingalls Shipbuilding division to obtain long-lead time materials needed for the production of two Navy ships. The Defense Department said Monday that Ingalls Shipbuil...
Andy Dougherty, former deputy director of KEYW‘s (Nasdaq: KEYW) survey and exploration systems sector, has been named president of Sun Prairie, Wisconsin-based Continental Mapping Consultants in a move that takes effect Oct. 10. Continental Mapping said Thursday the mapping industry veteran will succeed David Hart...
TYSONS CORNER, VA, Oct. 3, 2016 ” Boeing (NYSE: BA) has installed simulation equipment to support training for manned CST-100 Starliner spacecraft missions at NASA˜s Johnson Space Center in Texas, ExecutiveBiz reported Friday. The company designed its Crew Part Task Trainers to help astronauts rehearse various mis...
Six professional services firms have been awarded separate contracts worth up to $100 million combined for audit support services to NASA. Each indefinite-delivery/indefinite-quantity contract contains one base year plus up to four option years and covers work the Defense Contract Audit Agency has previously performed for NASA, t...
The Defense Health Agency has awarded CareFusion (NYSE: CFN) a five-year, $100 million blanket purchase agreement contract to build a technology platform for military health facilities to automate distribution of distribution of medicines to beneficiaries. CareFusion will develop the Pharmacy Impatient Automation Solution-Automated Dispens...
Christopher Zember, former director of the National Defense University’s Center for Technology and National Security Policy, has been named chief technology officer of Alion Science and Technology. He will be  responsible for developing Alion Science’s technology roadmap in his new position, the McLean, Virginia-based govern...
Executive Mosaic’s GovCon Index failed to reverse its steep morning decline Friday despite a significant gain by the S&P 500 as a record intraday plunge by Vectrus (NYSE: VEC) on a large contract loss weighed on the GCI against a 2-to-1 ratio in favor of green stocks. Six of the GovCon Index’s 11 S&P 500 ...
