The Executive Mosaic GovCon Index closed down sharply 1.114 percent to 94.302 reversing yesterdays steep rise. Posting the largest daily decline for the month, 26 of the 30 stocks that make up the GovCon Index declined on the day. The major indices all closed down as technology stocks dropped and markets reacted as the European and U.S....
TYSONS CORNER, VA, June 29, 2017 ” Another batch of Iridium Communications (Nasdaq: IRDM) satellites has been launched Sunday to join a growing constellation that will work to provide L-band satellite broadband and aircraft surveillance and tracking services to customers, ExecutiveBiz reported Monday. The company said Sunday the second bat...
TYSONS CORNER, VA, June 29, 2017 ” Boeing (NYSE: BA) has helped establish a development research hub at the Georgia Institute of Technology’s Delta Advanced Manufacturing Pilot Facility in efforts to advance industrial automation technologies, ExecutiveBiz reported Wednesday. The company said Tuesday the Boeing Manufacturin...
TYSONS CORNER, VA, June 29, 2017 ” Robert Catalanotti, a retired U.S. Army major general who joined SOS International in September 2015 as managing director of Middle East initiatives, has been named senior adviser to the assistant secretary of defense for international security affairs, ExecutiveGov reported Wednesday. The Defense De...
Randall Wotring, president of AECOM‘s (NYSE: ACM) technical and operational services business, has been promoted to chief operating officer at the Los Angeles-based engineering services contractor in a move that takes effect July 1. He will succeed Stephen Kadenacy, who will step down as COO and president of AECOM after a 10-yea...
L3 Technologies (NYSE: LLL) has landed a potential $230 million contract to provide point detonating/delay and multi-option fuzes for U.S. Army mortars. The Army will use company-made M783 and M734A1 fuzes to perform close range and indirect fire support combat operations, L3 said Thursday. Todd Gautier, president of L3̵...
Lisa Atherton, formerly executive vice president of military business at Textron‘s (NYSE: TXT) Bell Helicopter subsidiary, has been appointed president and CEO of Textron Systems. She replaces Ellen Lord, who will be nominated by President Donald Trump as undersecretary of defense for acquisition, technology and logistics, Textron said Wednesd...
Lockheed Martin (NYSE: LMT) has received a potential three-year, $257.8 million contract modification from the U.S. Navy to supply alternate mission tools, pilot flight equipment and red gear to support the low rate initial production of lot 10 F-35 Lightning II fighter jets. The firm-fixed-price modification covers purchase...
A joint venture of PAE and Parsons has secured a potential $84.7 million contract from the U.S. Navy to carry out a range of base operations support services at Joint Region Marianas in Guam. DZSP 21 will provide management, administration, port operations, ordnance, material management, facility management, facility investment, electrical, ste...
The Executive Mosaic GovCon Index closed up sharply 1.413 percent to 95.454. Posting the single largest daily gain for the month. 29 of the 30 stocks that make up the GovCon Index advanced on the day. Navistar International lead the index, up 6.66 percent as the company announced key executive changes at the top. The major indices...
