Executive Mosaic’s GovCon Index posted a 2.21% week-on-week gain, its highest weekly gain in 2024. The index, which tracks the stock performances of 30 major government contractors, ended positive in four of five sessions for the week and rose 0.13% to $5,032.33 Friday. On Wall Street, the Dow Jones Industrial (+2.2%), S&P 500 (+1.9%) and Nas...
On June 6, the Potomac Officers Club will host the 2024 Cyber Summit, bringing together the best and brightest cyber leaders from across the public and private sector landscapes to discuss the most urgent and consequential issues and opportunities in the cyber realm. Potomac Officers Club events offer attendees unparalleled networkin...
Special Aerospace Services, a portfolio company of private equity firm Godspeed Capital Management, has acquired Quintron Systems for an undisclosed sum to expand its communications technology capabilities for NASA, the Department of Defense and commercial space customers and broaden its footprint in the defense and space markets. Godspeed said Tues...
Executive Mosaic’s GovCon Index started May with a modest gain and stayed positive in the subsequent two sessions. On Friday, the index, which tracks the stock performances of 30 major government contractors, advanced 0.58% to $4,923.43 for a 0.89% week-on-week gain. Major US stock indexes ended strong on weaker jobs data, leading to weekly gain...
BAE Systems has secured a $365 million contract from NASA to build an air quality monitoring instrument for the National Oceanic and Atmospheric Administration’s Geostationary Extended Observations satellite constellation. The GeoXO Atmospheric Composition instrument is a hyperspectral spectrometer that will take hourly observations of air pol...
John Nichols, a 25-year aerospace industry veteran, has joined Fornax Advanced Materials as vice president and chief scientist. In a LinkedIn post published Friday, the Chicago-based company said Nichols brings over two decades of experience supporting major satellite development efforts for NASA and the Department of Defense to his position. Nichol...
Mission Space Acquisition, a blank check company based in Cape Canaveral, Florida, intends to raise $100 million through an initial public offering, MarketWatch reported Thursday. The special purpose acquisition company disclosed its IPO plans in a Securities and Exchange Commission filing Wednesday. The newly incorporated SPAC in the Cayman Islands...
Tyto Athene, a portfolio company of Washington, D.C.-based private investment firm Arlington Capital Partners, has closed its purchase of software development firm Microtel for an undisclosed sum as part of a push to broaden its customer relationships and space system capabilities. Microtel is a systems engineering firm that develops mission-critica...
Thomas Bell, CEO of Leidos, has made his debut on Executive Mosaic’s most prestigious 2024 Wash100 list for his leadership and dedication to driving the development of next-generation technologies for defense, intelligence and national security sectors. Vote for Bell as your favorite GovCon leader as part of the 2024 Wash100 popular vote compe...
Wash100 Popular Vote Transforms Into Clash of the Titans; NASA Awards $4.6B Lunar Exploration Vehicle Development Contract; Boeing CEO Dave Calhoun to Leave Post; Proposed CIRCIA Rule Seeks to Help CISA Using Cyber Incident Reports Click to Unmute ...
