The Executive Mosaic GovCon Index (GCI) reversed its positive direction to close down slightly 0.278 percent to 109.246 with declining shares outpacing advancing 18 to 12. As we begin Q3 earnings season the three major indices closed to the positive with all three reaching new highs. The S&P500 gained 0.18 percent to 2,555.24...
TYSONS CORNER, VA, Oct. 11, 2017 ” General Dynamics (NYSE: GD) has delivered the first of six initial production units of the latest M1A2 Abrams main battle tank with updated electronics, weapons and protection systems to the U.S. Army, ExecutiveBiz reported Tuesday. The service branch said Monday the M1A2 System Enhancement...
TYSONS CORNER, VA, Oct. 11, 2017 ” BAE Systems is working to build tools that will serve to facilitate system analysis, reverse engineering and intrusion detection capabilities for military aircraft platforms in efforts to counter cyber threats, ExecutiveBiz reported Tuesday. The company said Monday its threat management technolo...
TYSONS CORNER, VA, Oct. 11, 2017 ” A General Atomics business unit will provide spare parts to help sustain the USS Gerald R. Ford aircraft carrier’s Electromagnetic Aircraft Launch System and Advanced Arresting Gear system under a delivery order from the U.S. Navy, ExecutiveBiz reported Tuesday. The company ...
TYSONS CORNER, VA, Oct. 11, 2017 ” L3 Technologies (NYSE: LLL) will supply satellite communications terminals to the Air National Guard’s Joint Incident Site Communications Capability teams as well as provide on-site training support under a new contract, ExecutiveBiz reported Tuesday. The company said Monday it will deliver 46 Hawke...
Aslam Nawabzada, formerly a partner and senior technology executive at CSRA (NYSE: CSRA), has joined Sevatec as chief technology officer of the Fairfax, Virginia-based technology services contractor. He brings more than 20 years of enterprise cybersecurity, big data, agile and DevSecOps implementation experience to his new positi...
Jean Milbrandt, formerly director of business operations at Mitre, has been promoted to vice president and chief financial officer of the nonprofit corporation. Mitre said Tuesday Milbrandt succeeds the retiring Mark Kontos and aims to help maintain the company’s position as manager of federally funded research and developm...
TYSONS CORNER, VA, October 11, 2017 “ The Potomac Officers Club ” a division of Executive Mosaic ” has added Jim Martin to the list of Panelists and Major General (Ret.) Marty Whelan as the Moderator for the 2017 Space: Innovations, Programs and Policies Summit. Jim Martin is Director of NRO’s Survivability Assurance Office...
Parsons has purchased Williams Electric for an undisclosed sum as part of the Pasadena, California-based engineering services contractor™s move to expand its control systems business. Fort Walton Beach, Florida-based Williams Electric is a privately held company that provides electrical, control system integration, general contracting and energ...
BAE Systems has announced plans to eliminate its U.K. and international platforms and services operating groups as part of a reorganization effort that will take effect on Jan. 1. The company said Tuesday it will consolidate its military air and information business, its interest in the MBDA joint venture as well as its Australia, Oman...
