Vectrus Systems (NYSE: VEC) has won a potential $115 million contract from the U.S. Army to continue operations and maintenance, information technology support and supply services for the U.S. Army Europe, U.S. European Command and U.S. Africa Command. The company said Wednesday the Operations, Maintenance and Supply“Europe contract h...
https://www.youtube.com/watch?v=zrQLORupJL4 Defense Secretary Jim Mattis and Army Gen. John Nicholson, Commander, Resolute Support and United States Forces Afghanistan, brief the media in Kabul, Afghanistan, April 24, 2017...
The U.K.’s ministry of defense has awarded MBDA three contracts worth $689 million combined to produce and maintain various missile systems for the British armed forces. MBDA will supply Meteor and Common Anti-air Modular Missile weapons as well as maintain Sea Viper missiles in support of various ships ...
So far through fiscal year 2017, the Federal government has spent $612.2 billion on contracts to the Department of Health and Human Services (HHS,) almost six times the amount spent on the Department of Defense, Department of Veterans Affairs, and the Department of Homeland Security. The majority of the money awarded to HHS, $555.9 billion,...
Weekly Roundup April 17 – April 21 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson We™re rapidly approaching the middle of FY 2017, and amidst all of the news surrounding President Trump™s FY 2018 budget plan, the border wall, and attempts at healthcare refor...
The Executive Mosaic GovCon Index closed up almost a full percentage point with advancing stocks 29 to 1 versus decliners. U.S. markets surged as the Treasury Secretary comments gave support that the Trump administration would cut taxes soon. At market close WTI was up $0.18 to $50.26 per barrel as traders speculate that oil supply in the...
The Executive Mosaic GovCon Index closed up as advancing stocks outpaced declining 2 to 1. U.S. markets closed mixed as the economy grew at modest to moderate rates per the Bloomberg report. IBM reported weak earnings which helped hold the markets back. At market close WTI was also down $1.86 to $ 50.55 per barrel in response...
The Executive Mosaic GovCon Index retreated to close down 0.407 percent to 90.431 giving back one-half of yesterday’s gains. Advancing and declining stocks were pretty well split on the day. U.S. markets all closed down with a disappointing earning report from Goldman Sachs. Leading the decline were healthcare companies, energy produ...
TYSONS CORNER, VA, April 18, 2017 ” Sam Gordy, general manager of IBM™s (NYSE: IBM) federal business and an inductee into Executive Mosaic’s Wash100 for 2017, has said advanced analytics, cognitive intelligence and other artificial intelligence components will work to help agencies process data in real time, ExecutiveBiz reporte...
Paul Stein, director of research and technology at Rolls-Royce, has been named chief technology officer of the power and propulsion systems manufacturing firm. Rolls-Royce said Thursday that Stein will report directly to CEO Warren East and will help align the company’s technology investments with its business strategy in his ne...
