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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...
Vern Kuehn, formerly a senior vice president at Omaha, Nebraska-based construction, mining and engineering services contractor Kiewit, has been appointed executive VP and general manager of AECOM‘s (NYSE: ACM) newly created federal construction business. He will be based at AECOM’s office in Arlington, Virginia, and lead the ne...
Weekly Roundup April 10 – April 13 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Since the election of President Trump, the Department of Homeland Security has been a topic of much discussion, particularly the Customs and Border Protection agency. Trump’s camp...
TYSONS CORNER, VA, April 11, 2017 ” CenturyLink (NYSE: CTL) has secured a potential $6 million contract from the General Services Administration for hosted contact center and voice over internet protocol services to the Federal Acquisition Service, ExecutiveBiz reported Monday. The company said Monday the contract awarded through...
The government of Australia has named Raytheon (NYSE: RTN) the sole bidder on a potential $1.5 billion contract to develop a land-based aerial defense platform, Reuters reported Monday. Jamie Freed writes Marise Payne, Australia™s defense minister, said the National Advanced Surface to Air Missile System seeks to replace the country™s...
The U.S. Navy has awarded five companies spots on a potential five-year, $99 million contract to provide construction support services for the Naval Facilities Engineering Command. NAVFAC received 16 bids for the multiple-award, indefinite-delivery/indefinite-quantity contract that has a one-year base period and four one-year opt...
Weekly Roundup April 3 – April 7 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson This week the GovCon industry witnessed several large-scale mergers and acquisitions, as well as a number of executive moves in both the public and private sectors. Computer Sciences Corp....
The State Department has cleared Kuwait™s request to procure construction services in support of the establishment of various facilities at the country™s Al Mubarak air base under a potential $319 million foreign military sales agreement. Kuwait requested engineering, design, infrastructure assessment, contract administratio...
