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Eric Shander, formerly acting chief financial officer, vice president and chief accounting officer of Red Hat (NYSE: RHT), has been promoted to serve as executive VP and CFO at the Raleigh, North Carolina-based software company. Shander will report directly to Jim Whitehurst, president and CEO of Red Hat, and oversee the company™s finance ...

ECS Federal has purchased cloud and cybersecurity services provider InfoReliance for an undisclosed amount in a move to expand the delivery of cybersecurity, cloud and agile software platforms to clients in the intelligence and defense markets. InfoReliance CEO Andrew Butler will move to ECS to serve as a senior vice president and strategic adviser ...

Lockheed Martin (NYSE: LMT) has secured a five-year, $100 million contract from the U.S. Air Force to support production of Joint Air-to-Surface Standoff Missile systems. The Defense Department said Tuesday the company will also provide lifecycle support for JASSM, Long Range Anti-Ship Missile, JASSM-Extended Range and other JASS...

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 ” 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...