The Executive Mosaic GovCon Index (GCI) closed down 0.421 percent to 101.803. Declining outpaced advancing shares 23 to 7. All three major indices reached new highs. The S&P500 closed up 0.08 percent to 2,498.37, while the DJIA gained 0.18 percent to 22,158.18, and the NASDAQ Composite moved up 0.09 percent to close at 6,460.19. Crude ...
TYSONS CORNER, VA, Sept. 13, 2017 ” Greg Souchack, partner for managed services and cloud solutions at IBM™s (NYSE: IBM) global business services unit, has said the company’s Watson artificial intelligence technology will work to help the U.S. Army perform an analysis of the cost of transporting military equipment...
TYSONS CORNER, VA, Sept. 13, 2017 ” Iridium Communications (Nasdaq: IRDM) will collaborate with Magnitude Space to study the potential of low-power global area network technology to deliver space-based internet of things services, ExecutiveBiz reported Friday. The memorandum of understanding between the two companies is part of Iridium’s ...
TYSONS CORNER, VA, Sept. 13, 2017 ” Harris (NYSE: HRS) has added an encryption feature to its suite of Falcon III AN/PRC-117G manpack tactical radios to support military users as they switch across independent, U.S. and NATO networks, ExecutiveBiz reported Tuesday. The company said Tuesday the Suite B security function ...
TYSONS CORNER, VA, Sept. 13, 2017 ” Orbital ATK (NYSE: OA) has moved forward to the assembly of a satellite servicing vehicle after receiving delivery of payload and platform components as the company aims to launch the mission in late 2018, ExecutiveBiz reported Tuesday. The Mission Extension Vehicle-1 will work to complete system-level tests ...
CenturyLink (NYSE: CTL) has pushed back the projected closing date for its pending $34 billion acquisition of Level 3 Communications (NYSE: LVLT) through a cash-and-stock transaction from Sept. 30 to mid-to-late October. The revised timeframe for the transaction™s intended closure was based on the California administrative l...
TYSONS CORNER, VA, September 13, 2017 “ The Potomac Officers Club ” a division of Executive Mosaic ” has added Kenneth Brennan to the panel for the FY18 Budgets & Procurement Forum. As the fiscal year comes to a close, industry is eagerly looking forwards toward FY2018. Many changes are on the horizon, such as the...
The State Department has approved Canada™s request to buy Boeing-built (NYSE: BA) F/A-18 Super Hornet aircraft and related equipment and services from the U.S. government under a potential $5.23 billion foreign military sales agreement. Boeing, Northrop Grumman (NYSE: NOC), Raytheon (NYSE: RTN) and General Electric (NYSE: GE) will ser...
L3 Technologies (NYSE: LLL) has purchased Centreville, Virginia-based systems engineering firm Adaptive Methods for an undisclosed sum in a move to expand footprint in the undersea market. L3 said Tuesday it will incorporate Adaptive Methods into its sensor systems business segment to operate as L3 Adaptive Methods. Christopher Kubasik, L3...
CSRA (NYSE: CSRA) has secured a potential 10-year, $2.4 billion follow-on contract from the National Security Agency for enterprise information technology services, Nextgov reported Tuesday. The company said in a Sept. 5 filing with the Securities & Exchange Commission it won the recompete contract from a Defense Department agency through its Ea...
