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 ...
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 ...
