Executive Mosaic’s GovCon Index closed down for the day to 92.912 off -0.092%. The major market closed mixed as investors wait to see what the Fed will do with interest rates. The Dow was down 0.33% to close at 20,855.73, the S&P500 off 5.41 points to close at 2,362.98, and the NASDAQ was positive 0.06% to...
TYSONS CORNER, VA, March 8, 2017 ” Hughes Network Systems has entered into an agreement with General Atomics‘ aeronautical systems business for updates to the satellite communications system of a Predator B remotely piloted aircraft variant, ExecutiveBiz reported Tuesday. Hughes said Monday it will equip the Predator B...
TYSONS CORNER, VA, March 8, 2017 ” Raytheon (NYSE: RTN) has partnered with ISC2’s Center for Cyber Safety and Education in efforts to advance women’s interest in cybersecurity and offer six new scholarship opportunities, GovCon Executive reported Tuesday. Dave Wajsgras, president of Raytheon™s intelligence, information and...
TYSONS CORNER, VA, March 8, 2017 ” CAE (NYSE: CAE) has officially opened its new training facility for U.S. Army and U.S. Air Force fixed-wing pilots at the Dothan Regional Airport in Alabama, ExecutiveBiz reported Tuesday. The company said Monday the Dothan Training Center will work to support the initial-entry flight train...
TYSONS CORNER, VA, March 8, 2017 ” Microsoft (Nasdaq: MSFT) has unveiled its new data analytics and visualization offerings called HDInsight and Power BI as part of the Azure Government cloud platform, ExecutiveBiz reported Tuesday. The company said in a blog post published Monday the services will work to help government users manage, ana...
TYSONS CORNER, VA, March 8, 2017 ” The U.S. and South Korea have begun the deployment of the Lockheed Martin-manufactured (NYSE: LMT) Terminal High-Altitude Area Defense system in the Korean Peninsula to address potential missile threats from North Korea, Executive Gov reported Tuesday. Reuters reported Tuesday the THAAD system w...
Leonardo has agreed to buy 100 percent equity stake in quantum cascade laser platforms maker Daylight Solutions for approximately $150 million through its U.S. subsidiary DRS in a push to grow dual-use integrated technology offerings for civil and military clients. Mauro Moretti, CEO and general manager of Leonardo, said in a statement rel...
Joseph Cudney, formerly vice president of business development at Parsons, has taken a new role as international senior vice president for the engineering and infrastructure services contractor’s federal business. Parsons said Tuesday Cudney will oversee international business development activities such as U.S. government inter...
Lockheed Martin‘s (NYSE: LMT) commercial engine solutions business, formerly Kelly Aviation Center, has secured a potential nine-year, $1 billion contract to provide engine overhaul and logistics support services for the U.S. Air Force’s KC-10 tanker aircraft. The service branch received two proposals for the indefinit...
Intelsat has purchased an equity stake in satellite communications antenna manufacturer Kymeta following joint efforts to develop the Kalo satellite services and mTenna antenna technology. The satellite operator said Tuesday the transaction comes with the appointment of Intelsat CEO Stephen Spengler into Kymeta’s board...
