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...
CenturyLink (NYSE: CTL) and Level 3 Communications (NYSE: LVLT) have received regulatory clearances in Maryland, Delaware, Hawaii and Washington, D.C., for the companies™ planned merger that was announced in October 2016. The approvals are in addition to the clearances the firms earlier received from the states of ...
Gryphon Technologies has received a $75.9 million contract to offer engineering support services to the Ship Self-Defense System program office within the U.S. Navy‘s Program Executive Office for Integrated Warfare Systems through 2022. The company said Wednesday the contract is a single-award, competitively-bid deal. “We ...
Palo Alto, California-based satellite manufacturer Space Systems Loral has appointed three executives to oversee the company™s government systems business unit that provides support to U.S. government clients and related programs. Richard White, senior vice president of government systems at SSL, has been promoted to president of SSL Gover...
Oshkosh Corp.‘s (NYSE: OSK) defense segment has secured three contract modifications worth $259.6 million combined to continue refurbishment work on heavy expanded mobility tactical trucks, palletized load systems and self-recovery winches for the U.S. Army. The Defense Department said Wednesday Oshkosh will modernize M1977A4, M984...
An L3 Technologies (NYSE: LLL) business unit has won a potential $202.2 million contract to provide depot-level maintenance, logistics and sustaining engineering services for C-12 utility lift aircraft of the U.S. Navy and Marine Corps. The Defense Department said Wednesday L3’s Vertex Aerospace business will perform site support, ai...
The Executive Mosaic GovCon Index followed major markets closing down 1.027 percent to 90.370; reversing its five days of gains. The GovCon Index advancing companies outpaced decliners 5 to 1. The major markets all moved negative as President Trump stated to the WSJ that the dollar is “getting too strong.” The US dollar also sa...
TYSONS CORNER, VA, April 12, 2017 ” Booz Allen Hamilton (NYSE: BAH) has been included as a primary partner in a joint venture program of the Commerce Department‘s National Technical Information Service on data analytics, ExecutiveBiz reported Tuesday. The company said Monday it will pursue work under the program to help fed...
