July 11 – July 15 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson   One of the world’s two largest airplane manufacturers is mulling acquisitions in the defense services arena that would continue a trend among prime contractors toward capability-based dea...
TYSONS CORNER, VA, July 14, 2016 ” CAE (NYSE: CAE) and Draken International have expanded their partnership to jointly pursue market opportunities for adversary and aggressor air training services outside Canada, ExecutiveBiz reported Monday. The companies will integrate live, virtual and constructive training to support air...
Executive Mosaic’s GovCon Index held positive throughout Wednesday trade as U.S. stocks traded in narrow range on a fall in crude oil prices with second quarter earnings season on the horizon. The GovCon Index gained 0.229 points to a new record of 81.751 with eight of the GCI’s 11 S&P 500 stocks in green as the U...
BAE Systems will sign a potential 10-year, $2.8 billion agreement with the U.K.’s ministry of defense to support the country’s Typhoon fleet in partnership with the U.K. air force and Leonardo-Finmeccanica. BAE Systems said Tuesday the formal Typhoon Total Availability Enterprise agreement will establish a single prog...
TYSONS CORNER, VA, July 12, 2016 ” CGI (NYSE: GIB) has launched a records management tool for government agencies to support their efforts to comply with the White House’s directive on electronic records management modernization, ExecutiveBiz reported Monday. The company said Monday the Records Management as a Service ...
An official with Boeing (NYSE: BA) said the company plans to make smaller bolt-on acquisitions in the services sector in an effort to increase revenue of the firm™s defense, space and security business, Bloomberg reported Monday. Leanne Caret, CEO of Boeing™s defense, space and security business, said Boeing plans to expand its presence in...
General Dynamics (NYSE: GD) has received a potential $169.7 million contract modification from the U.S. Army to produce Hydra-70 unguided rocket systems for seven U.S. allies under the foreign military sales program. The Defense Department said Monday the company will supply Hydra rockets with various war...
Michael Fey, president and chief operating officer at Sunnyvale, California-based security and network technology provider Blue Coat, will serve in the same roles at Symantec (Nasdaq: SYMC) upon completion of the latter company™s acquisition of Blue Coat. Symantec said Monday Fey will report to the incoming Symantec CEO Greg Clar...
The U.K. government and Boeing (NYSE:BA) have announced a set of defense-related pacts that cover sales of maritime patrol aircraft and attack helicopters to the country’s military, added research-and-development spending and initiatives to create new aerospace jobs in Britain. In a series of statements Monday, the U.K.’s defen...
Executive Mosaic’s GovCon Index broke the 80-point barrier Friday for the first time in a month as the S&P 500 composite index briefly traded above a new record close in afternoon activity after the June jobs report soared past economists’ expectations. The GovCon Index closed up 1.579 percent to 80.813 and ended the week at a...
