In observance of Independence Day the markets closed at 1:00 PM today and will be closed tomorrow. The Executive Mosaic GovCon Index (GCI) closed up 0.849 percent to 95.656 approaching a 30 day high. 25 of the 30 stocks that make up the Index where in the positive. Huntington Ingalls was near the top of the GCI...
Huntington Ingalls Industries (NYSE: HII) has received two contract modifications worth a combined $437.5 million from the U.S. Navy to support an engineered overhaul of a Los Angeles-class submarine and construction of a San Antonio-class amphibious transport dock. HII will execute maintenance, repair, routine and test work on the&nb...
Rose Gottemoeller, NATO™s deputy secretary general, discusses increasing defense spending by alliance members, increasing capabilities, deterring Russia while engaging Moscow, what™s next in Afghanistan and Libya, and more with Defense & Aerospace Report Editor Vago Muradian. The interview was conducted at NATO headquarters in Brussels...
TYSONS CORNER, VA, June 30, 2017 ” Maximus (NYSE: MMS) will work with Interactions to deliver a virtual assistant technology offering for the federal market that will work to engage with people who access government services, ExecutiveBiz reported Tuesday. The Maximus Intelligent Assistant powered by Interactions’ Adaptive Under...
Lucas Hicks, facilities director at Huntington Ingalls Industries™ (NYSE: HII) Newport News Shipbuilding division, has been promoted to vice president of construction for the John F. Kennedy (CVN 79) aircraft carrier at the division in a move that takes effect July 1. The 26-year HII veteran will directly report to Ken Mahler, VP...
Boeing (NYSE: BA) has expanded the responsibilities of Greg Smith, chief financial officer and executive vice president of corporate development and strategy, to include leadership over business performance, innovation and corporate functional excellence. Smith will have the dual role of CFO and EVP for enterprise performance and strategy begin...
The Executive Mosaic GovCon Index closed down for the second day to 94.474 off 0.624 percent. Decliners outpaced advancers 4 to 1. The major indices all closed down with the S&P500 and DJIA continuing their slide from 6/19. The NASDAQ continuing it’s downward trend from 6/23. Markets showed hesitancy over Republicans slow movemen...
Defense contractors will soon be held to the same cybersecurity standards that the Defense Department has implemented in recent years, according to a top IT official at the Pentagon. œThe cyberthreat is not going away; we have to defend our networks and systems, and you™re part of that defense, acting DOD CIO John Zangardi said...
The Executive Mosaic GovCon Index moved down for the week 0.64 percent after Friday’s close which reversed a three day downward trend. The major indices closed mixed on the week with the S&P500 and DJIA closing down by 0.16 percent and 0.27 percent respectively and the NASDAQ up 1.11 percent. WTI crude oil closed the week down...
The Executive Mosaic GovCon Index reversed it’s three day downward trend to close up 0.168 percent to 95.302 with advancers outpacing decliners 2 to 1. The major indices had little movement on the day closing mixed with the S&P500 and NASDAQ up and the DJIA down. The S&P500 and NASDAQ remand in positive territory for most of...
