Executive Mosaic’s GovCon Index closed in narrow range Thursday to start the final month of 2016 as sharp declines by government services contractors offset large gains for aerospace stocks in a session that saw U.S. stocks close mixed. GovCon Index decliners outnumbered advancers by a 2-to-1 ratio and five of its 11 S...
TYSONS CORNER, VA, Dec. 1, 2016 ” A group of 19 military veterans has completed the 12-week information technology training program of SAP National Security Services‘ (NYSE: SAP) nonprofit organization, GovCon Executive reported Tuesday. The Andrews Gazette reported Nov. 23 participants of the NS2 Serves training program r...
Boeing (NYSE: BA) has received a $558.5 million contract modification to support the U.S. Air Force‘s F-15 radar improvement and modernization programs. The Defense Department said Wednesday work under the modification will run through Jan. 15, 2019 and covers procurement, installation and spares production for 42 combined APG-6...
Sonalysts and Carley have won contracts worth up to $246 million combined from the U.S. Navy to develop and maintain curriculum for the Naval Education Training Command™s naval training products and services program. Each indefinite-delivery/indefinite-quantity contract has an ordering base period of 35 months and a 36-month...
Executive Mosaic’s GovCon Index retreated Wednesday on declines by large prime and middle-tier services contractors that offset a surge by McKesson Corp. (NYSE: MCK) in a session that saw U.S. stocks trade in narrow range to close the month of November. U.S. market activity was dominated by the agreement among OPEC countrie...
Cubic (NYSE: CUB) has purchased U.K.-based embedded technology provider Vocality International for approximately $10 million in a push to add new expeditionary communications and ISR processing, exploitation and dissemination to its C4ISR portfolio. The acquisition adds new content and intellectual property to programs of record within C...
Executive Mosaic’s GovCon Index ended at an all-time record close for a fourth session over the last five Tuesday and briefly touched the 90-point barrier for the first time in its two-year history during afternoon trade to resume its post-election rally with defense stocks in particular strong performers. The U.S. equ...
Fulcrum has won a potential five-year, $168.2 million task order to provide strategic planning, research, analysis and training services for the Joint Improvised-Threat Defeat Organization‘s global situational awareness and communities of action missions. Four offers were submitted to the General Services Administration for t...
The Defense Department has paid Lockheed Martin (NYSE: LMT) an upfront fee of $1.28 billion to bankroll the 10th batch of F-35 aircraft through a potential $7.19 billion “undefinitized” contract action by DoD, Bloomberg reported Wednesday. Anthony Capaccio writes DoD made the down payment to Lockheed as both parties work t...
Executive Mosaic’s GovCon Index extended its current stretch of gains to a fifth straight session Wednesday and a second consecutive all-time record close to stay on track for a third straight weekly rise in a shortened trading week. U.S. stock markets are closed Thursday for the Thanksgiving holiday and are open 9:30 a.m.-1 p.m. Eastern ...
