The Executive Mosaic GovCon Index retreated to close down 0.407 percent to 90.431 giving back one-half of yesterday’s gains. Advancing and declining stocks were pretty well split on the day. U.S. markets all closed down with a disappointing earning report from Goldman Sachs. Leading the decline were healthcare companies, energy produ...
TYSONS CORNER, VA, April 18, 2017 ” Sam Gordy, general manager of IBM™s (NYSE: IBM) federal business and an inductee into Executive Mosaic’s Wash100 for 2017, has said advanced analytics, cognitive intelligence and other artificial intelligence components will work to help agencies process data in real time, ExecutiveBiz reporte...
TYSONS CORNER, VA, April 18, 2017 ” Parsons will offer advisory, technical, engineering and management services to the Missile Defense Agency in support of its ballistic missile defense system, GovCon Executive reported Wednesday. The company said April 11 it will provide the services through a potential $385 million contrac...
TYSONS CORNER, VA, April 18, 2017 ” The U.S. Navy has awarded separate contract modifications to Boeing (NYSE: BA), General Atomics, Lockheed Martin (NYSE: LMT) and Northrop Grumman (NYSE: NOC) for continued risk reduction work on the future MQ-25 unmanned carrier aviation air system, ExecutiveBiz reported Monday. The Defense Dep...
TYSONS CORNER, VA, April 18, 2017 ” Cubic Corp. (NYSE: CUB) has received recognition as a silver-level “Military Friendly Employer” for 2017 under the category for companies with more than $1 billion in revenue, GovCon Executive reported Monday. This is the fourth consecutive year that Victory Media awarded Cubic the designatio...
Peder Jungck, chief technology officer of BAE Systems‘ intelligence and security business, will serve as president of a nonprofit industry organization that aims to facilitate cyber threat information sharing and collaboration in the technology sector. The company said Tuesday Jungck will lead the Information Technology – Infor...
Paul Stein, director of research and technology at Rolls-Royce, has been named chief technology officer of the power and propulsion systems manufacturing firm. Rolls-Royce said Thursday that Stein will report directly to CEO Warren East and will help align the company’s technology investments with its business strategy in his ne...
Vern Kuehn, formerly a senior vice president at Omaha, Nebraska-based construction, mining and engineering services contractor Kiewit, has been appointed executive VP and general manager of AECOM‘s (NYSE: ACM) newly created federal construction business. He will be based at AECOM’s office in Arlington, Virginia, and lead the ne...
The Executive Mosaic GovCon Index turned in better than 1 percent gain on the day as advancing stocks closed 29 to 1 versus decliners. With the European markets closed the U.S. markets all closed strongly as investors geopolitical concerns dampened. At market close WTI was down $0.57 to $ 52.61 per barrel as the shale drilling increased...
TYSONS CORNER, VA, April 17, 2017 ” BAE Systems will bid on task orders to provide prototype design, test and integration support to the U.S. Army‘s Space and Missile Defense Command and Army Forces Strategic Command under a potential $3 billion multi-award contract awarded in February, ExecutiveBiz reported Wednesday. The compa...
