Raytheon (NYSE: RTN) has secured a $225 million contract to provide an additional Patriot missile defense system to an international customer through a direct commercial sale. The client is a member of a 13-nation group that invests in the Patriot weapon system and awarded the contract more than a month after Poland ord...
The U.S. Air Force has awarded nine companies positions on a potential five-year, $145 million contract for transient alert services to the Air Force Installation Contracting Agency. The indefinite-delivery/indefinite-quantity contract covers management, arrival, processing, departure, emergency, special event and distinguished v...
Stephen Moret, president and CEO of the Louisiana State University Foundation, has been elected to serve in the same roles at the Virginia Economic Development Partnership beginning Jan. 1, Virginia Business reported Monday. Paula Squires writes VEDP’s board of directors approved Moret’s appointment in a 15-to-one vot...
Executive Mosaic’s GovCon Index ended its six-day win streak Monday as U.S. stocks also took a break from the post-election rally after a stretch that saw equities post three straight weekly gains. GovCon Index decliners edged gainers and six of its 11 S&P 500 components advanced with General Dynamics (NYSE: GD) the top net gaine...
TYSONS CORNER, VA, Nov. 28, 2016 ” SAP (NYSE: SAP) and UXC Oxygen have developed a citizen engagement platform that will work to allow government agencies’ to deliver omnichannel citizen services through a single, centralized user interface, ExecutiveBiz reported Wednesday. The citizen engagement offering is designed to support ...
TYSONS CORNER, VA, Nov. 28, 2016 ” Raytheon‘s (NYSE: RTN) Integrated Defense Systems subsidiary and the University of Massachusetts’ Lowell Nanomanufacturing Center have received a $1.9 million NextFlex grant to support the development of flexible electronic manufacturing, ExecutiveBiz reported Wednesday. The Lowell Sun reported Tue...
Bruce Samuelsen, formerly special adviser to Alion Science and Technology CEO Bahman Atefi, has been promoted to chief operating officer at the McLean, Virginia-based government technology and engineering services contractor. Alion Science said Wednesday Samuelsen joined the company upon its acquisition of naval architecture firm ...
Executive Mosaic’s GovCon Index climbed 0.721 percent to 89.518 for the shortened trading session Friday to register a third consecutive record-high close as gainers outnumbered decliners by a 4-to-1 ratio. Huntington Ingalls Industries (NYSE: HII) was the GCI’s top net performer and Rockwell Collins (NYSE: COL) was t...
Executive Mosaic’s GovCon Index set a third straight record-high close Friday to a third consecutive weekly gain in a shortened U.S. stock trading session as financial markets closed at 1 p.m. Eastern time. GovCon Index gainers outnumbered decliners by a 4-to-1 ratio and all 11 of its S&P 500 stocks closed green wi...
November 21 – November 23, 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Interest rates are all but certain to go up in December and one large defense contractor has seemingly gotten ahead of the game to make one more big buy before the Federal Reserve moves....
