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Executive Mosaic’s GovCon Index moved higher Tuesday on broad gains among defense primes  as U.S. stocks closed significantly higher with the Dow Jones Industrial flirting with the 20, 000 mark. GovCon Index gainers outnumbered laggards by a 3-to-1 ratio Tuesdayy and nine of its 11 S&P 500 components advanced with co-listed ...

TYSONS CORNER, VA, Jan. 3, 2017 ” Steve Grobman, Intel Security‘s chief technology officer, has said that retaliating against Russia’s alleged cyber hacking of the U.S. elections could escalate to war, ExecutiveBiz reported Friday. The Obama administration’s response could range from additional economic sanction...

TYSONS CORNER, VA, Jan. 3, 2017 ” The U.S. Navy‘s General Dynamics-built (NYSE: GD) USS Rafael Peralta guided-missile destroyer has finished its two-day acceptance trials off the coast of Maine in an effort to evaluate the ship and its crew, Executive Gov reported Friday. The Navy said Wednesday its Board of Inspection and ...

TYSONS CORNER, VA, Jan. 3, 2017 ” The Defense Information Systems Agency has awarded Leidos (NYSE: LDOS) a potential five-year, $98.1 million contract for an updated field artillery tactical data system, ExecutiveBiz reported Friday. The system will work to address the mission needs of the U.S. Army™s program executive office for comm...

TYSONS CORNER, VA, Jan. 3, 2017 ” The Professional Services Council has appointed new executives and re-elected continuing members to serve on its 2017 board of directors and executive committee, GovCon Executive said Tuesday. The organization said Dec. 16 the board will be comprised of 26 executives, including Engility (NYS...

TYSONS CORNER, VA, Jan. 3, 2017 ” Amazon (Nasdaq: AMZN) will employ a backup communications interface for its delivery drones as a first line of defense against jamming, hacking and human attacks, ExecutiveBiz reported Friday. The company plans to utilize a “mesh network” of multiple autonomous vehicles upon the compromise of a...

Huntsville, Alabama-based engineering, applied science and information technology contractor Dynetics has purchased technical services provider Aviation & Missile Solutions for an undisclosed amount. Dynetics said Thursday it will operate AMS as a wholly owned subsidiary, effective Jan. 2, and has appointed Cindy Griner, manager o...

Global satellite services company SpeedCast International has completed its $425 million cash acquisition of the CapRock Communications business from Harris (NYSE: HRS). Harris said Tuesday it will use proceeds from the sale to reduce debt and return more cash to shareholders. CapRock was part of the Melbourne, Flo...

An affiliate of aerospace and defense investment firm Admiralty Partners has purchased General Electric‘s (NYSE: GE) Santa Ana, California-based business operations. Admiralty Partners said Tuesday the former GE unit will continue to operate at its present location under the name Integral Aerospace. Integral Aerospace manufactur...