The Department of Defense has made œa huge leap forward in unmanned systems in five years, said Dyke Weatherington, currently performing the duties of the Assistant Secretary of Defense for Acquisition, Office of the Under Secretary of Defense for Acquisition, Technology, and Logistics (OUSD) (AT&L.) Speaking at the Potomac Officers Club Tu...
The GovCon Index and major U.S. indices all closed down after a previous week of strong performance. After three up days the Executive Mosaic GovCon Index pulled back to end the day down 0.762 points to 95.683. Decliners outpaced advancers 3 to 1. Navistar lead the Index posting a 12.81 percent gain as analysts upgraded the stock...
TYSONS CORNER, VA, June 5, 2017 ” Cubic‘s (NYSE: CUB) mission solutions and global defense businesses are currently at the U.S. Geospatial Intelligence Foundation’s GEOINT 2017 Symposium in Texas with an exhibit and planned demonstrations of technology offerings, GovCon Executive reported Wednesday. The company said Wednesday&n...
TYSONS CORNER, VA, June 5, 2017 ” In-Q-Tel will invest in a compliance automation and security platform built by Evident.io as part of a strategic partnership to support further development of the technology, ExecutiveBiz reported Friday. Evident.io said Thursday its Evident Security Platform will work to help intelligence a...
TYSONS CORNER, VA, June 5, 2017 ” Lockheed Martin (NYSE: LMT) has delivered the first HC-130J Combat King II personnel recovery aircraft built for the U.S. Air National Guard in Alaska in support of the service’s operations in the region, ExecutiveBiz reported Friday. The company said Thursday the aircraft will work to supp...
TYSONS CORNER, VA, June 5, 2017 ” CSRA (NYSE: CSRA) will continue to provide support services for the U.S. Air Force‘s global intelligence, surveillance and reconnaissance operations under a potential $61 million contract, ExecutiveBiz reported Friday. The company said Thursday the contract serves to extend its 20-year support for th...
TYSONS CORNER, VA, June 5, 2017 ” Boeing (NYSE: BA) has awarded a five-year contract to Germany-based COTESA for the supply of various components for a section of the H-47 Chinook heavy-lift helicopter, ExecutiveBiz reported Friday. The aerospace and defense company said Thursday COTESA will provide composite parts of the tunnel cover...
Advanced Technology International, an Analytical Services (ANSER) subsidiary, has inked a cooperative deal with a U.S. Air Force Research Laboratory-sponsored consortium which created a collaborative contract vehicle worth a potential $333 million. ANSER said Thursday the Metals Affordability Initiative was established to consolidate resou...
TYSONS CORNER, VA, June 5, 2017 “ The Potomac Officers Club ” a division of Executive Mosaic ” has finalized the panel of speakers for the Unmanned Systems Forum. As the use of military UAVs and commercial drones become more ubiquitous, innovative new uses of the technology have emerged. The military capabilities enabled by UAVs,...
The Executive Mosaic GovCon Index closed Friday up 0.727 or 0.759 on the week, reaching a new two-month high. The three major U.S. indices were up on the day. All three indices reached new record highs with strong weekly performances, with the S&P500 closed up 28.51 or 1.18 percent, the DJIA up 174.27 or 0.829 percent, and...
