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Christopher McDaniels, a 14-year U.S. Air Force cybersecurity veteran, has joined Phoenix, Arizona-based information security and consulting services provider Mosaic451 as chief information security officer. McDaniels will oversee the development of a cybersecurity initiative and standard operating procedures backed by a training program to fac...

The Executive Mosaic GovCon Index closed up for the fourth consecutive with the advancers outpacing the decliners 3 to 1. The GovCon Index reached 30 day high of 94.234, up 0.367 percent. All the U.S. indices were up on the day as the S&P500 came within 2 points of breaking 2,400. Markets responded to supportive European data...

The Trump administration revealed its budget Tuesday, which would add almost half a trillion dollars to defense spending while cutting $1.5 trillion from nondefense spending and $1.4 trillion in Medicaid over the course of a decade. Trump’s plan, titled œA New Foundation for American Greatness, leaves Medicare and the retir...

TYSONS CORNER, VA, May 23, 2017 ” In-Q-Tel and Microsoft (Nasdaq: MSFT) are among the investors that participated in a $16 million funding round for cloud application delivery company Frame, ExecutiveBiz reported Monday. IQT said Wednesday Frame aims to utilize the funds to support further development of its cloud-native applicat...

TYSONS CORNER, VA, May 23, 2017 ” CAE (NYSE: CAE) has concluded work to update the Sea King MK41 helicopter simulator of the German navy and facilitate its return to service at the Nordholz Naval Airbase, ExecutiveBiz reported Wednesday. The company said May 16 it added new features to the simulator such as the CAE Meda...

Raytheon (NYSE: RTN) has secured a potential $300 million contract to design and build an anti-submarine technology for U.S. Navy personnel to locate and track enemy submarines from littoral combat ships. The Navy awarded the contract following the completion of a study and production assessment of Raytheon’s Variable ...

Rafael Lopez, a former division commissioner at the Department of Health and Human Services, has been named managing director of Accenture‘s (NYSE: ACN) health and public service practice in North America. Accenture said Tuesday Lopez will help develop strategy and offerings across the company’s child suppor...

John McCormack, former CEO of security firm Forcepoint, has been appointed to serve as Fidelis Cybersecurity‘s interim president and CEO, CRN reported Monday. The two-decade security industry veteran succeeds Peter George, who has led Fidelis as chief executive since it was acquired by Los Angeles-based Marlin Equity P...

For the most part all the stock on The Executive Mosaic GovCon Index ended positive for the day as President Trumps Middle East visit shows promise of increased business. Booz Allen Hamilton lead the gains after posting strong Q4 and Full Year financial results. President Trumps visit to the Middle East further netted positive results for ...