Even though advancers outpaced decliners 2 to 1 the Executive Mosaic’s GovCon Index closed down on the back of the 13.08 percent loss by SAIC (NYSE:SAIC). SAIC reported 4th quarter earning that fell short of analyst expectations. At market close WTI broke through the $50 mark closing at $50.40 up 0.89 per barrel on comments from...
TYSONS CORNER, VA, March 30, 2017 ” Riverbed Technology has secured Common Criteria certification at Evaluation Assurance Level 2+ for its wide-area network optimization technology offering for federal agencies, ExecutiveBiz reported Wednesday. The company said Wednesday the SteelHead CX version 9.1.4 works to address networ...
TYSONS CORNER, VA, March 30, 2017 ” Leidos (NYSE: LDOS) executive Angie Heise has joined the board of directors at Mission Support Alliance, the company’s partnership with Jacobs (NYSE: JEC), Centerra Group and other entities for the Hanford Site cleanup, GovCon Executive reported Wednesday. Heise will continue as president...
General Dynamics‘ (NYSE: GD) information technology business will deploy a cloud-based platform to update NATO’s IT infrastructure under a potential five-year, $140 million contract from the NATO Communications and Information Agency. The company said Thursday General Dynamics Information Technology will work to facilitate IT modern...
Aicha Evans, a senior vice president at Intel (Nasdaq: INTC) and former general manager of its communication and devices group, has been appointed as chief strategy officer of the Santa Clara, California-based technology company. She aims to help drive Intel’s strategy to transform its reputation from a personal computer-fo...
TYSONS CORNER, VA, March 30, 2017 ” Lockheed Martin (NYSE: LMT) and Northrop Grumman (NYSE: NOC) have performed initial integration of their respective technologies for a soft-kill demonstrator of the U.S. Army‘s Modular Active Protection System, ExecutiveBiz reported Wednesday. Lockheed said Tuesday its Open Architecture P...
Point Blank Enterprises has won a potential four-year, $116.4 million contract from the Defense Logistics Agency to provide small arms protective inserts to the U.S. Air Force and Army. The Defense Department said Wednesday that DLA received three bids for the indefinite-delivery/indefinite-quantity contract via a competitive pro...
General Electric (NYSE: GE) has received a two-year, $114.9 million contract from the U.S. Navy to supply 28 F414-GE-400 engines and associated devices for installation into F/A-18E/F Super Hornet and EA-18G Growler jets. The Navy obligated the full contract amount at the time of award from the service branch’...
Executive Mosaic’s GovCon Index reverses three day downtrend to close up at 91.877, +0.068 percent. U.S. markets showed minimal reaction as the United Kingdom enacted Article 50, officially notifying the EU of their intent to exit. Indices closed mixed with the S&P500 and NASDAQ closing up on the day and the DJIA down. GovCon Index ad...
TYSONS CORNER, VA, March 29, 2017 ” Cubic (NYSE: CUB) will participate at the Sea-Air-Space Exposition from April 3 to 5 and showcase its air combat and maritime virtual training systems as well as C4ISR platforms, GovCon Executive reported Tuesday. The company said Tuesday its global defense and mission solutions businesses will...
