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The Executive Mosaic GovCon Index (GCI) reversed its three consecutive days of decline to close up 0.150 percent to settle at 108.840. Advancing shares outpaced declining 18 to 12. The three major indices closed mixed for the day with the S&P500 and DJIA climbing to new highs. The S&P500 closed up 0.03 percent to 2,562.10, whi...

TYSONS CORNER, VA, Oct. 19, 2017 ” CyrusOne (Nasdaq: CONE) has partnered with Amazon Web Services (Nasdaq: AMZN) for the availability of AWS cloud services via a private network to customers of the data center services provider, ExecutiveBiz reported Wednesday. The AWS Direct Connect service will be available through CyrusOne’s ...

TYSONS CORNER, VA, Oct. 19, 2017 ” Hughes Network Systems will provide managed network services to federal agencies in support of Level 3 Communications‘ (NYSE: LVLT) work contracted under the General Services Administration‘s Enterprise Infrastructure Solutions vehicle, ExecutiveBiz reported Wednesday. The subcontrac...

TYSONS CORNER, VA, Oct. 19, 2017 ” Boeing (NYSE: BA) and Lockheed Martin (NYSE: LMT) are working to develop designs for an extra large unmanned undersea vehicle after the U.S. Navy awarded the companies two separate contracts for the program, ExecutiveBiz reported Wednesday. USNI News reported Tuesday the service branch has awarded $4...

Matt Needy, formerly vice president of the Virginia-class submarine program and fleet services at Huntington Ingalls Industries‘ (NYSE: HII) Newport News Shipbuilding division, has been appointed VP of operations at the same division. HII said Wednesday Needy will report to Newport News Shipbuilding President Jennifer Boykin and oversee t...

Huntington Ingalls Industries (NYSE: HII) has promoted two executives to vice president roles at its Newport News Shipbuilding division as part of the company™s business transformation efforts in support of the U.S. Navy. Dave Bolcar, formerly director of the Columbia-class submarine program at the division, will serve as VP of submar...

The U.S. Army has awarded separate contracts to four companies to develop concept designs that will be used to determine the requirements for a new platform to replace its Patriot air-and-missile defense radar system, Defense News reported Wednesday. Contract recipients include Raytheon (NYSE: RTN), Lockheed Martin (NYSE: LMT), Northrop Gr...

A business unit of Textron Systems (NYSE: TXT) has received a potential seven-year, $332.9 million contract to manufacture 255 mobile strike force vehicles for the U.S. Army. Textron’s marine and land systems business will also provide fielding hardware to the service branch and deploy field representatives to support depro...

The Executive Mosaic GovCon Index (GCI) closed down for the third consecutive day to settle at 108.573 off 0.175 percent. Advancing shares outpaced declining 17 to 13. The three major indices all closed positive setting new record highs. The S&P500 closed up 0.07 percent to 2,561.26, while the DJIA topped the 23,000 mark settling ...

TYSONS CORNER, VA, Oct. 18, 2017 ” Microsoft (Nasdaq: MSFT) has secured certification under the Federal Risk and Authorization Management Program for the deployment of its “intelligent” business applications to U.S. government agencies, ExecutiveBiz reported Tuesday. James Townsend, CEO of Microsoft partner company Infostrat,&n...