Executive Mosaic’s GovCon Index and all three major U.S. stock indices moved further into record-high territory Wednesday after President Donald Trump repeated his plans to cut taxes and simplify the tax code after a meeting with retail company executives. GovCon Index advancers outnumbered decliners by a 9-to-1 ratio as nine of its 11 S&...
The company set to be formed by the merger of Computer Sciences Corp. (NYSE: CSC) and the enterprise services segment of Hewlett Packard Enterprise (NYSE: HPE) will operate under the “DXC Technology” name upon the deal’s scheduled April 3 closure. CSC said Wednesday the future company will list on the New York Stock Excha...
TYSONS CORNER, VA, Feb. 15, 2017 ” A Vencore program director has received a Modern Day Technology Leader Award at the 2017 Black Engineer of the Year Award conference for her efforts to promote science, technology, engineering and math careers, GovCon Executive reported Tuesday. The company said Monday Zalenda Cyr...
TYSONS CORNER, VA, Feb. 15, 2017 ” Seagate Technology (Nasdaq: STX) has partnered with Fornetix to combine its hard disk and solid-state drives with the latter’s Key Orchestration encryption key management software in efforts to secure data against cyber threats, ExecutiveBiz reported Tuesday. Seagate said Monday the i...
TYSONS CORNER, VA, Feb. 15, 2017 ” Northrop Grumman (NYSE: NOC), Redstone Defense Systems and the U.S. Army have conducted a test flight of an updated UH-60V Black Hawk helicopter fitted with Northrop’s Integrated Avionics Suite, ExecutiveBiz reported Tuesday. Northrop said Monday the helicopter’s digitized cockpit with di...
TYSONS CORNER, VA, Feb. 15, 2017 ” Lockheed Martin (NYSE: LMT), Inmarsat and GMV will support Australia’s geoscience research agency in a program that aims to develop a testbed that would demonstrate the potential applications of Global Navigation Satellite Systems on positioning, navigation and timing, ExecutiveBiz re...
TYSONS CORNER, VA, Feb. 15, 2017 ” DigitalGlobe (NYSE: DGI) and NTT Data (NYSE: NTT) have teamed to offer elevation data to imagery customers in efforts to expand their sales reach in the global imagery information market, ExecutiveBiz reported Tuesday. NTT Data said Tuesday its five-meter digital elevation model called AW3D...
Veritas Capital has raised $3.55 billion to fund future investments in technology-focused middle-market companies that support government-related and commercial organizations across various sectors. The private equity investment firm said Wednesday Veritas Capital Fund VI, which exceeded the target hard cap of $3 billion in four month...
Jeff Sessions, former Red River president, has been named CEO at the information technology company and successor to Rick Bolduc. Bolduc will move on as executive chairman of Red River’s board of directors, the company said Wednesday. “[Sessions is] an exceptional leader and strategist, passionate about our mission, committed t...
A General Dynamics (NYSE: GD) subsidiary has received a potential one-year, $126.5 million contract to provide long-lead time materials for the U.S. Navy™s Virginia-class submarines. General Dynamics Electric Boat will use the funds to obtain propulsion units, steam and electric plant components, turbine generators...
