The Executive Mosaic GovCon Index closed down 0.274 points, 0,296 percent to 92.372 with advancers and decliners evenly split. The major market were mixed on the day with the DJIA down and the S&P500 and the NASDAQ up. The NASDAQ reached another record high at 6,091.60. At market close WTI fell to month low off $0.57 to...
TYSONS CORNER, VA, May 1, 2017 ” Cameron Chehreh, chief operating officer and chief technology officer at Dell EMC‘s federal business, has indicated the company’s investment strategy in information technology will center on converged and hyper-converged technologies and software-defined networking, ExecutiveBiz report...
TYSONS CORNER, VA, May 1, 2017 ” Carey Smith, federal group president at Parsons, will deliver the industry keynote speech at the 14th Annual Groundbreaking Women in Construction conference on May 2, GovCon Executive reported Friday. The company said Thursday Smith, an inductee into Executive Mosaic’s Wash100 for 2017, will ...
TYSONS CORNER, VA, May 1, 2017 ” A division of General Atomics has partnered with GKN Aerospace‘s Fokker business to open a facility in the Netherlands that would house production of Predator B/MQ-9 Reaper landing gear systems, ExecutiveBiz reported Friday. Fokker said Tuesday it will work with General Atomics Aeronautical ...
TYSONS CORNER, VA, May 1, 2017 ” IBM (NYSE: IBM) has launched four additional cloud data centers with two each in Washington, D.C., and Dallas, Texas, as the company works to expand its global cloud footprint and support demand for cloud infrastructure, ExecutiveBiz reported Friday. The company said Wednesday the new U.S. data centers will...
TYSONS CORNER, VA, May 1, 2017 ” Raytheon‘s (NYSE: RTN) Standard Missile-6 weapon system has undergone a series of flight tests with the U.S. Navy in efforts to establish sea worthiness and achieve full operational capability, ExecutiveBiz reported Friday. The company said Thursday the Navy fired four SM-6 missile...
The State Department has approved New Zealand’s request to purchase four P-8A patrol aircraft and associated support under a potential $1.5 billion foreign military sales agreement with the U.S. government. New Zealand requested commercial engines, Tactical Open Mission Software, electro-optical and infrared MX-20HD, AN/AAQ-2(V)...
Julie Brill, former commissioner of the Federal Trade Commission, has been named corporate vice president and deputy general counsel for privacy and regulatory affairs at Microsoft (Nasdaq: MSFT). Brill will directly report to Brad Smith, president and chief legal officer at Microsoft, and will begin her new position by the summer of 2017, the compa...
The Executive Mosaic GovCon Index closed off 0.721 percent on Friday with Congress passing a continuing resolution extended the budget for one week. However the GovCon Index April performance was positive ending the month up 0.992 or 1.09 percent. In the major markets indices all ended down on Friday, but closed April results in ...
The Executive Mosaic GovCon Index retreated to close down 0.721 percent to 92.646 as congress extends budget for 1 week with continuing resolution. Index still closing positive for the week and the month. Decliners out placed advancers 5 to 1. Major markets all closed down with sluggish first quarter consumer spending. The markets closed u...
