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Executive Mosaic’s GovCon Index moved slightly lower Thursday on a mixed market closing with the Dow and S&P 500 down and NASDAQ up. The board markets closed down as retail stocks dropped on reports of disappointing holiday results. Huntington Ingalls lead the GovCon Index once again for the fourth consecutive day of gains, up almost ...

Leonardo, then Finmeccanica, has purchased the remaining 60 percent of shares in Pisa, Italy-based Sistemi Dinamici from systems engineering firm IDS for an undisclosed sum in a strategy to expand Leonardo™s portfolio of unmanned systems. The transaction includes the acquisition of Sistemi™s SD-150 Hero unmanned helicop...

Microsoft (Nasdaq: MSFT) has received a five-year, $927 million contract to provide enterprise technical support for blue badge cardholder services at the Defense Department. The department said Tuesday that Microsoft’s software developers and product teams will provide proprietary resources, source code, consulting and knowledge ...

TYSONS CORNER, VA, Dec. 14, 2016 ” DigitalGlobe (NYSE: DGI) has shared the first image captured by the Lockheed Martin-built (NYSE: LMT) WorldView-4 satellite that was launched in November from Vandenberg Air Force Base, ExecutiveBiz reported Tuesday. Lockheed said Monday the WorldView-4 is designed to take photos with 30-cm resolution to show ...

TYSONS CORNER, VA, Dec. 7, 2016 ” President Barack Obama intends to name Peter Altabef, Unisys (NYSE: UIS) president and CEO, as a member of the National Security Telecommunications Advisory Committee, GovCon Executive reported Tuesday. Altabef will help advise the president on national security, cybersecurity, communications infrastr...

Executive Mosaic’s GovCon Index traded higher Friday in a mixed session for U.S. stocks as investors looked at November jobs figures above economists’ expectations and furthered anticipation of an interest rate hike Dec. 14. The GCI ends at its fourth straight weekly advance, while the S&P 500 closed flat Friday on financial stock de...

Executive Mosaic’s GovCon Index ended at an all-time record close for a fourth session over the last five Tuesday and briefly touched the 90-point barrier for the first time in its two-year history during afternoon trade to resume its post-election rally with defense stocks in particular strong performers. The U.S. equ...