November 21 – November 23, 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Interest rates are all but certain to go up in December and one large defense contractor has seemingly gotten ahead of the game to make one more big buy before the Federal Reserve moves....
Executive Mosaic’s GovCon Index set a new closing record Tuesday with a 1-percent gain paced by defense prime and government services stocks as the U.S. bellwether S&P 500 also ended at an all-time high in spite of healthcare stock declines. GovCon Index advancers outnumbered decliners at a 4-to-1 ratio and nine of its ...
Stephen Seay, a retired U.S. Army general, and Lockheed Martin (NYSE: LMT) veterans John Horvath and Richard Boggs have joined the board of directors at simulation and training services contractor Quantum3D Government Systems. Quantum3D Government Systems said Monday that Seay, Horvath and Boggs will support the companyR...
TYSONS CORNER, VA, Nov. 21, 2016 ” Wayne Lewandowski, vice president of federal operations at Vormetric, believes the combined functionalities of public and private clouds in cloud encryption gateways will work to help government agencies address security concerns regarding the use of third-party cloud service providers, ExecutiveBiz ...
General Dynamics (NYSE: GD) has promoted a pair of vice presidents within its Bath Iron Works and NASSCO subsidiaries to the roles of president for both organizations as the contractor will divide up its shipyard leadership responsibilities upon the Jan. 1, 2017 retirement of Frederick Harris. General Dynamics said Monday Dirk Lesko, forme...
Laura Grant, head of digital innovation for public sector at SAP (NYSE: SAP), has said federal agencies should adopt in-memory computing platforms combined with data analytics tools in order to generate insights from large data sets and facilitate the decision-making process. Grant wrote that agencies should implement agile platforms that leverage t...
Harris (NYSE: HRS) has received a potential three-year, $91 million contract from the U.S. Air Force to build electronic warfare systems for multiple foreign military sales customers. The Defense Department said Friday the contract covers the production of AN/ALQ-211(V)4/8/9 Advanced Integrated Defensive Electronic Warfare Suite...
Executive Mosaic’s GovCon Index posted a small gain Friday to register its second consecutive weekly gain on continued positive sentiment among investors toward defense stocks compared to other sectors. U.S. stocks traded lower Friday on healthcare sector declines to continue the slowdown in markets from the post-election rally but t...
Five companies have won two-year contracts worth up to $252.5 million combined for retail electricity and ancillary/incidental services to various U.S. federal departments and military branches. The Defense Logistics Agency‘s energy organization received eight offers for the contracts through a competitive procurement and t...
Executive Mosaic’s GovCon Index nudged a slight gain Thursday in a mostly positive session for the U.S. stock market at-large as investors listened to Federal Reserve Chair Janet Yellen’s congressional testimony. GovCon Index decliners edged advancers and three of its 11 S&P 500 components closed green with H...
