Rolls-Royce has won a five-year, $372.5 million contract from the U.S. Navy to provide depot-level repair for the AE21000D3 engines of KC-130J aerial refueling aircraft for the U.S. Marine Corps and Kuwait. The Defense Department said Thursday the Naval Air Systems Command received three offers for the indefinite-delivery/indefin...
Last week was a short trading week with markets closed on Friday in observance of the Easter holiday. The markets fell as banks reported earnings and stocks were down. GovCon Index decliners outpaced advancers at a ratio of 6 to 1. At market close WTI was positive $0.07 to close at $53.18 per barrel as...
TYSONS CORNER, VA, April 13, 2017 ” General Dynamics‘ (NYSE: GD) Remote Video Surveillance System has secured full operational capability status from the Customs and Border Protection agency following two years of field tests, ExecutiveBiz reported Wednesday. The company said Tuesday the system was deployed along the southern U....
TYSONS CORNER, VA, April 13, 2017 ” Lockheed Martin (NYSE: LMT) will host the three-day Multi-Domain Command and Control wargame at its Center for Innovation in Virginia to demonstrate air, cyber and space domain integration in support of command-and-control operations, ExecutiveBiz reported Wednesday. The company said Tuesday it...
TYSONS CORNER, VA, April 13, 2017 ” NTT Group‘s specialized security company has created a Global Threat Intelligence Center that will serve as a platform for the company’s intelligence resources to coordinate efforts to address security challenges, ExecutiveBiz reported Wednesday. The company said Tuesday GTIC will r...
TYSONS CORNER, VA, April 13, 2017 ” Amazon Web Services (Nasdaq: AMZN) will support a NASA live-stream event on April 26 using its Elemental encoding software and CloudFront content delivery network, ExecutiveBiz reported Wednesday. Variety reported Tuesday the 4K Ultra HD video feed from space will feature a panel discussio...
TYSONS CORNER, VA, April 13, 2017 ” Parsons is hosting a National Security Agency exercise at its cyber center in Columbia, Maryland, in support of information assurance and network security training for military participants, GovCon Executive reported Tuesday. The company said Monday the five-day Cyber Defense Exercise will run ...
At noon on the day prior to the long holiday weekend the Executive Mosaic GovCon Index is up slightly by 0.270 percent to 90.614. Advancing companies are outpacing decliners 18 to 12. As markets anticipate the long Easter weekend they are up slightly as JP Morgan Chase & Co. and Citigroup Inc. reported solid earnings boosting banks...
Donald Foley, a 35-year government technology market veteran and an independent member on PAR Technology‘s (NYSE: PAR) board of directors, has been named president and CEO of the New York-based contractor. Foley said Thursday he aims to execute a strategy for PAR to grow its portfolio of cloud offerings and build on the company&...
The State Department has approved Iraq’s request to procure pilot and maintenance training, base support and contractor logistical support for C-172, C-208 and T-6 trainer aircraft under a potential $1.06 billion foreign military sales agreement. Iraq requested contractor aircraft modification services, repair and spar...
