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Tony Mathis, a senior account executive at General Electric‘s (NYSE: GE) aviation segment, has been promoted to serve as vice president and general manager of GE Aviation’s military systems organization. Visal Leng was also named Asia Pacific president and CEO of GE’s oil and gas business as Jennifer Waldo...
Executive Mosaic’s GovCon Index inched higher Thursday to end its three-day streak of declines on a large gain by Huntington Ingalls Industries (NYSE: HII) and contributions from services-oriented companies as U.S. stocks also climbed after the release of new economic data. GovCon Index gainers edged decliners 16-14 as six ...
TYSONS CORNER, VA, Dec. 15, 2016 ” Cameron Chehreh, chief technology officer of Dell EMC‘s federal business, has said cybersecurity and digital transformation are two areas that will trend in the federal information technology sector in 2017 as the next administration takes office. Chehreh told ExecutiveBiz in an inter...
A subsidiary of Jacobs Engineering Group (NYSE: JEC) has been awarded a five-year, $75 million contract to provide engineering and design support for industrial research efforts at administrative facilities within the Naval Facilities Engineering Command’s Washington area of responsibility. The Defense Department said Tuesday th...
Executive Mosaic’s GovCon Index closed lower Tuesday in a session that saw the U.S. stock bellwether S&P 500 close at an all-time record high as investors restarted post-election buying activity in sectors they expect to see growth under a Donald Trump administration. Tuesday’s flat movement by the GCI follows Monday’...
Shares in Lockheed Martin (NYSE: LMT) traded down approximately 5 percent as noon Eastern time approached Monday after President-elect Donald Trump criticized the F-35 Joint Strike Fighter program on Twitter in the early morning hours. “The F-35 program and cost is out of control. Billions of dollars can and will be saved on military (and...
Executive Mosaic’s GovCon Index advanced Friday to complete its sixth consecutive weekly gain in an extended post-election climb that has seen the GCI hit a series of record high closes. The GCI has risen 14.75 percent over six weeks with the U.S. stock bellwether S&P 500 composite index up 6.26 percent in that time as investors...
The U.K. defense ministry has awarded BAE Systems a potential $361 million contract to build and deliver an additional two offshore patrol vessels to the country™s naval force. The construction of HMS Tamar and HMS Spey brings the total number of the Royal Navy™s River-class OPVs to five ships that are scheduled to enter service in...
The General Services Administration has issued a notice to proceed for the small-business portion of a potential $11.5 billion governmentwide acquisition contract vehicle meant to help agencies access customized human capital strategy, organizational performance, training and development support services. Stephanie Kenitzer, a GSA community man...
Executive Mosaic’s GovCon Index tumbled Thursday on steep losses among several of its large-cap prime components as U.S. stocks posted a small advance to a new record high close with financial shares the top performers at a 1-percent gain and industrials the largest laggards. Thursday’s decline puts the GCI below 90 p...
