Executive Mosaic’s GovCon Index registered a 0.162-point climb Friday to 89.761 and closed the week in the positive. Lockheed Martin (NYSE: LMT) was GCI’s top net performer while Honeywell (NYSE: HON) led the Index in percentage gained. The Index’s gain follows the latest jobs report from the Labor Dep...
Executive Mosaic’s GovCon Index closed the week slightly higher Friday as the Dow neared the 20.000 mark. The major markets enjoyed a shot in the arm from The Labor Department’s report that 156, 000 new jobs were added in December. Advancers equaled decliners on the day with the GovCon Index closing up 2.0% on the short...
TYSONS CORNER, VA, Jan. 6, 2017 ” The U.S. Air Force has awarded a General Atomics‘ business unit a two-year, $56.7 million order to add new units to Spain’s fleet of MQ-9 Reaper unmanned aerial vehicles, ExecutiveBiz reported Thursday. General Atomics Aeronautical Systems Inc. will provide MQ-9 aircraft and associated equ...
TYSONS CORNER, VA, Jan. 6, 2017 ” DJI and Seagate Technology (Nasdaq: STX) have entered into a partnership to create new technologies in an effort to address the data storage, download, management and sharing demands of large volumes of data generated from unmanned aerial vehicle, ExecutiveBiz reported Wednesday. With this partne...
TYSONS CORNER, VA, Jan. 6, 2017 ” A unit of Hewlett Packard Enterprise (NYSE: HPE) has unveiled a demonstration chip that will work to accelerate optical computation processes in support of a Defense Advanced Research Projects Agency mesoscale technology program, ExecutiveBiz reported Thursday. IEEE reported Monday Hewl...
TYSONS CORNER, VA, Jan. 6, 2017 ” Iridium Communications (Nasdaq: IRDM) CEO Matt Desch has stated the company’s Iridium NEXT satellite constellation project will seek to address the future requirements of government and private customers and provide a potential alternative to GPS navigation, ExecutiveBiz reported Thursday. ...
TYSONS CORNER, VA, Jan. 6, 2017 ” The Air Force Research Laboratory has awarded BAE Systems a five-year, $49 million contract to build, implement and maintain security platforms to support information dissemination between government networks, ExecutiveBiz reported Thursday. BAE said Thursday the systems will work to securely transfer...
Airbus has secured a $506 million contract from the U.K.’s defense ministry to provide in-service support for the Atlas A400M airlifters of the British air force. The ministry said Thursday the contract covers maintenance, upgrade and repair services for the country’s Atlas fleet through 2026. Julian Young, chief...
Ryan Elliott, formerly vice president of business development at BNL, has joined Comprehensive Health Services as VP of federal domestic programs at the Cape Canaveral, Florida-based workforce medical services contractor. CHS said Thursday he will report to Doug Magee, senior VP for business development, and oversee the...
L3 Technologies (NYSE: LLL), then L-3 Communications, has wrapped up its purchase of Implant Sciences™ explosive trace detection business for $117.5 million cash through an asset purchase agreement. Michael Strianese, chairman and CEO of L3, said in a statement released Thursday the acquisition will help expand L3™s presence in nation...
