The Congressional Budget Office issued a revised cost estimate of $500 million over a five-year period for the for the re-introduced Modernizing Government Technology Act, legislation introduced by Rep. Will Hurd, R-Texas. The revised estimate is a mere fraction of the cost when the bill was first introduced last year. The bill passed...
The Executive Mosaic GovCon Index closed down for the fourth consecutive day to 93.276 off 0.008 percent. There was minor movement in markets today with the NASDAQ reaching another new high. The dollar weakened and technology shares continued to rise. At market close WTI reversed its positive trend up to close down 0.59 percent to $48.56 a...
The Executive Mosaic GovCon Index posted gains to close at 93.283 up 0.605 percent, with advancers shares outpacing and decliners shares 4 to 1. The S&P 500 index and NASDAQ index hit record highs as oil shows a strong rebound and energy and financial sectors lead gains. WTI rose again for the fourth consecutive day up $1.10...
PAS Technologies, a portfolio company of KRG Capital Partners, has been acquired by StandardAero, a portfolio company of Veritas Capital from Houlihan Lokey. The transaction closed on May 5, 2017. PAS provides OEM and aftermarket aerospace engine components that are able to endure high-wear, high-heat, and corrosive environments. The ...
Mary Lou Prevost, vice president of state and local government and education at CA Technologies (Nasdaq: CA), has said state government agencies should adopt a single identification system coupled with automation platforms to facilitate the delivery of services to citizens. Prevost wrote that an automation-equipped single ID system could help reduce...
The Executive Mosaic GovCon Index ended Friday at a 30 day high closing at 93.666 up 0.915 percent on the day as advancers outpaced decliners 5 to 1. ICF was at the top of the leader board with a 6.29 percent increase in share value driven by a robust first quarter earnings report. The major markets closed...
The Executive Mosaic GovCon Index ended up 0.915 percent on the day and up 1.40 percent on the week to close at 93.666, as advancers outpaced decliners 5 to 1. ICF was at the top of the leader board with a 6.29 percent increase in share value driven by a robust first quarter earnings report. The major...
The Executive Mosaic GovCon Index closed up 0.470 percent to 92.817 as advancers outpaced decliners 4 to 1. CACI lead the way with an almost 10 percent share value increase as their reported first quarter earnings beat analysts expectations. Major markets closed mixed with little change as the House of Representatives voted to overturn the...
TYSONS CORNER, VA, May 4, 2017 ” Cubic Corp. (NYSE: CUB) will exhibit its C4ISR and training technologies at the Special Operations Forces Industry Conference in Florida from May 15 to 18, GovCon Executive reported Wednesday. The company said Wednesday its global defense and mission solutions business units will participate at the eve...
Jennifer Boykin, vice president of engineering and design at Huntington Ingalls Industries‘ (NYSE: HII) Newport News Shipbuilding division, has been promoted to president of the division and executive vice president of the company, effective July 1. She will succeed Matt Mulherin, who will retire from the company by Aug. 1 ...
