ERAPSCO has received a three-year, $219.8 million contract modification to manufacture 166,500 signal underwater sound sonobuoys for U.S. Navy anti-submarine warfare missions. The Defense Department said Tuesday the company will supply AN/SSQ 36, AN/SSQ-53, AN/SSQ-62, AN/SSQ-101, AN/SSQ-125 and MK-84 sonobuoy units to the service bran...
The Executive Mosaic GovCon Index (GCI) advanced to a new record, to close up 0.316 percent to 109.332 with advancing shares outpacing declining 3 to 1. The major markets all closed to the positive with the DJIA reaching a new high of 22,830.68 up 0.31 percent, while the S&P500 gained 0.23 percent to 2,550.643, and the N...
TYSONS CORNER, VA, Oct. 10, 2017 ” Siemens has awarded a $246 million grant comprised of its product lifecycle management software to the Florida Institute of Technology in efforts to promote science, technology, engineering and math careers, GovCon Executive reported Monday. Florida Tech said Thursday the technology grant aims to ena...
The U.S. Army has awarded KBR‘s government services unit a pair of task order modifications worth $116 million combined for logistics support to U.S. military programs in Europe and the Arabian Peninsula. KBRwyle will continue to support forward planning, maintenance, base operations and weapon transportation services under a $70 million ...
Nicolas Farah, an executive vice president of CACI International (NYSE: CACI), has been appointed as leader of the company’s mission solutions and services group. He will report to DeEtte Gray, president of CACI’s US operations, and will oversee the unit that offers command and control, communications, logistics, material readi...
George Franz, a retired U.S. Army major general and former operations director of the U.S. Cyber Command, has joined Accenture‘s (NYSE: ACN) federal services business as managing director of defense and security business initiatives. Accenture said Tuesday Franz will provide cybersecurity and adaptive technology expertise and wo...
Honeywell (NYSE: HON) has announced it will spin off the industrial conglomerate’s ADI global distribution business, Homes portfolio and transportation systems business into two publicly traded firms by the end of 2018. Darius Adamczyk, president and CEO of Honeywell, said in a statement published Tuesday the initiative comes after t...
TYSONS CORNER, VA, October 10, 2017 “ The Potomac Officers Club ” a division of Executive Mosaic ” has added Roxanne Banks and Dea Merchant to the panel for the FY18 Budgets & Procurement Forum. Martha Shepard will be moderating the event. As the fiscal year comes to a close, industry is eagerly looking forwards tow...
The Executive Mosaic GovCon Index (GCI) fell today by 0.042 percent to 109.149 with advancing and declining shares pretty well split even. The major indices all closed down, with the S&P500 closing down 0.18 percent to 2,544.73, while the DJIA closed at 22,761.07 off 0.06 percent, and the NASDAQ Composite closed down 0.16 pe...
TYSONS CORNER, VA, Oct. 9, 2017 ” BAE Systems has secured an estimated $179.7 million modification to its maritime support delivery framework contract with the U.K. defense ministry for the expansion of the company’s work to support ships based at Portsmouth Naval Base, ExecutiveBiz reported Friday. The company said Thursday&nbs...
