December 12 – December 16, 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson This week reminded us that change is always a constant in the government contracting arena as we learned of an impending relocation by a large defense contractor and the return of a veteran GovCon...
The National Nuclear Security Administration has selected a subsidiary of Honeywell International (NYSE: HON) for the potential 10-year, $2.6 billion contract to help operate and manage Sandia National Laboratories sites located across four states. NNSA said Friday National Technology and Engineering Solutions of Sandia will lead a te...
TYSONS CORNER, VA, Dec. 16, 2016 ” The U.K. air force has expressed plans to equip its General Atomics-built Certifiable Predator B unmanned aircraft systems with MBDA‘s Brimstone precision strike missiles, ExecutiveBiz reported Thursday. MBDA said Dec. 8 it will partner with the Defense Department, the U.K ministry of defense a...
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...
