On Wednesday of last the Federal Reserve raised rates by one quarter point to 1.0 percent, while giving a strong indication of the potential for two additional rate increases to come later in the year. Executive Mosaic’s GovCon Index moved up to end the week in the positive. The Index closed at 94.094, up 0.853 percent...
Executive Mosaic’s GovCon Index moved contrary to the markets today to end the week in the positive. The Index closed at 94.094, up 0.853 percent from the week’s open. The markets closed mixed for the day with the S&P 500 and DJIA closing down, 0.13 percent and 0.10 percent respectively. The NASDAQ showed no movement from...
TYSONS CORNER, VA, March 17, 2017 ” A Dell EMC-sponsored survey indicates that 64 percent of federal information technology leaders have noted their agencies using software-defined data centers due to factors such as agility, flexibility and efficiency, ExecutiveBiz reported Tuesday. The company said Monday the federal exten...
TYSONS CORNER, VA, March 17, 2017 ” Boeing (NYSE: BA) could soon supply Canada with 18 F-18 Super Hornet aircraft if the U.S. government approves a request for the procurement of the jets as an interim Canadian fighter fleet, ExecutiveBiz reported Thursday. The government of Canada said Tuesday the requested F-18s will suppl...
TYSONS CORNER, VA, March 17, 2017 ” Microsoft (Nasdaq: MSFT) has received authorization to operate its Azure Government cloud platform to support sensitive workloads at the Department of Veterans Affairs through the Federal Risk and Authorization Management Program, ExecutiveBiz reported Thursday. The company said in a blog post published ...
TYSONS CORNER, VA, March 17, 2017 ” Parsons has secured certification under the Defense Department‘s Advanced Geophysical Classification Accreditation Program for its geophysical classification quality and technical management platforms, ExecutiveBiz reported Wednesday. The company said Tuesday the American Associ...
Herbert œHawk Carlisle, a retired Air Force general, has been appointed president and CEO of the National Defense Industrial Association in a move that will take effect in June. Carlisle will succeed Craig McKinley, who announced plans in August 2016 to retire after a two-year term as NDIA™s president and CEO. œHawk is a seasoned...
The State Department has approved the U.K.™s request to purchase AGM-114-R1/R2 Hellfire II Semi-Active Laser missiles from the U.S. government under a potential $150 million foreign military sales agreement. The U.K. government asked to buy 1,000 Hellfire II missiles, logistics assistance and related program services in orde...
Northrop Grumman (NYSE: NOC) has been awarded a potential $812 million contract by the U.S. Navy to manufacture gun mission modules for the service branch’s Littoral Combat Ships. The company will also support basic outfitting assembly installation, engineering, sustainment and interim depot-level maintenance of LCS gun mission modul...
Shareholders at CenturyLink (NYSE: CTL) and Level 3 Communications (NYSE: LVLT) have separately approved the deal originally announced in October 2016 for CenturyLink to buy Level 3 for approximately $34 billion in a cash-and-stock transaction. Holders of approximately 81.2 percent of all outstanding shares in Level 3 voted in favor o...
