The Executive Mosaic GovCon Index followed major markets downward closing off 2.23 per cent to 91.553. All 30 of the stocks that comprise the GovCon Index were negative on the day. The major markets were off significantly today with losses that reversed all the gains realized in May. Investors showed concerns about the economy and the chal...
AT&T (NYSE: T) has received a potential five-year, $119 million task order from the General Services Administration to help the Centers for Disease Control and Prevention modernize its telecommunications systems. The task order has a base term of seven months and four option years and covers updates to CDC™s Wi-Fi, cellular coverage an...
TYSONS CORNER, VA, May 16, 2017 ” Leidos (NYSE: LDOS) will support the Transportation Security Administration in the disposal of hazardous materials at airport screening checkpoints and associated regulatory compliance efforts under a potential $45 million contract, ExecutiveBiz reported Monday. The company said Monday the contract co...
Over 200,000 devices in at least 150 countries had been infected with WannaCry by Sunday, a piece of ransomware that holds your computer hostage until you pay hackers $300 in bitcoin. WannaCry is the largest cyberextortion scheme ever, reports CNet, and experts are warning that many governments are susceptible due to outdated technolo...
Former Director of National Intelligence James Clapper said Sunday that the U.S. government is “under assault” after President Donald Trump’s decision to fire FBI director James Comey. “I think, in many ways, our institutions are under assault, both externally ” and that’s the big news here, is the R...
The Department of Homeland Security and Department of Justice have tripled their spending on equipment and services related to the Internet of Things (IoT) over the past six years, spending $600 million on the smart security industry, a new study by contracting intelligence firm Govini finds. Spending on software applications and cloud inc...
India™s defense ministry looks to purchase $2 billion worth of Pinaka multi-barrel rocket launchers for six regiments within 18 months, Defense News reported Thursday. The proposed acquisition came five months after the ministry ordered India-made rocket launchers worth approximately $350 million for two regiments. Larsen & Toubro and ...
Weekly Roundup May 8 – May 12 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson It™s been nearly a decade since Satoshi Nakamoto first dreamt up the core component of the technology known as blockchain “ the decentralized, digital currency Bitcoin has evolved i...
The State Department has approved a potential sale to the United Arab Emirates of $2 billion in Patriot missile systems from Lockheed Martin (NYSE: LMT) and Raytheon (NYSE: RTN). UAE requested 60 Lockheed-built Patriot Advanced Capability 3 missiles and Raytheon-made 100 Patriot Guidance Enhanced Missile-Tacti...
Boeing (NYSE: BA) has received a $488.1 million contract modification from the U.S. Army to remanufacture 38 helicopters for the U.K. army and acquire three crew trainers along with associated spares as part of a foreign military sales agreement. The Defense Department said Thursday the modification covers remanufacturing of 38 AH-64 Apach...
