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Through fiscal year 2018, Federal agencies have $3.3 billion in savings yet to accrue from promised consolidations and data center closures and consolidations pledged in the Federal Information Technology Acquisition and Reform Act. Agencies were required to find $4 billion in savings from fiscal year 2016 to fiscal 2018 as part of the Office of...

TYSONS CORNER, VA, May 22, 2017 ” Rebecca Cowen-Hirsch, senior vice president for government strategy and policy at Inmarsat, has called the launch of the Boeing-built (NYSE: BA) Inmarsat-5 F4 satellite last week works to support the company’s resilience efforts, ExecutiveBiz reported Friday. She wrote in a blog post published T...

TYSONS CORNER, VA, May 22, 2017 ” Leidos (NYSE: LDOS) has received recognition in LinkedIn‘s list of 50 Top Companies in 2017 for its employee recruitment and retention programs, GovCon Executive reported Friday. The company said Thursday it climbed in the rankings from 36 in 2016 to 31 this year as it continues to support workforce...

TYSONS CORNER, VA, May 22, 2017 ” Amazon Web Services (Nasdaq: AMZN) has unveiled its new serverless computing service offering for U.S. government customers in the AWS GovCloud (US) Region, ExecutiveBiz reported Friday. The company said Thursday the AWS Lambda service works to enable developers to run code without the need for p...

TYSONS CORNER, VA, May 22, 2017 ” Northrop Grumman (NYSE: NOC) has opened a new facility in south Australia that will work to provide in-country repair and maintenance services for the Australian air force’s Large Aircraft Infrared Countermeasure systems, ExecutiveBiz reported Friday. The company said Thursday the Adelaide repai...

TYSONS CORNER, VA, May 22, 2017 ” A Boeing-built (NYSE: BA) SES satellite has launched to space carrying a Wide Area Augmentation System-hosted payload that will work to build on the global positioning system in support of the Federal Aviation Administration, ExecutiveBiz reported Friday. SES said Thursday the SES-15 hybrid satellite ...

TYSONS CORNER, VA, MAY 22, 2017 “ The Potomac Officers Club ” a division of Executive Mosaic ” has finalized its speaker and panelist list for the 2017 Spring Cybersecurity Summit. Cybersecurity is one of the foremost concerns of leaders in both the public and private sectors. The rapid advancement of software, hardware and techn...

After posting strong quarterly earnings McKesson Corporation lead theGovCon Index. McKesson closed up $11.57 per share (8.18 percent) to $153.01. The Executive Mosaic GovCon Index ended Friday up 1.29 percent to 92.864. The major markets showed significant gains reversing the mid week slump with the DJIA recapturing 53 percent of...

The Executive Mosaic GovCon Index ended the week on a positive note up 1.29 percent on the day and up 0.15 percent on the week. McKesson lead the GovCon Index posting a $11.57 per share value increase (8.18 percent) on yesterday’s strong quarterly earning report. The major markets showed significant gains reversing the mid week slump...