Booz Allen Hamilton (NYSE: BAH) has concluded its acquisition of Aquilent, also known as eGov Holdings, as part of efforts to grow digital service offerings for the federal sector. Both companies first announced the $250 million deal in November and Booz Allen said Tuesday it estimates that Laurel, Maryland-based Aquilent will&nb...
The U.S. Air Force has awarded five companies contract modifications worth $66.7 million combined for medical support services at 67 military treatment facilities across the U.S., District of Columbia and Guam. The Defense Department said Tuesday the modifications extend the ordering period for the Air Force’s Medical Suppo...
Executive Mosaic’s GovCon Index traded higher Tuesday on a lift from Boeing (NYSE: BA) and government services stocks as Lockheed Martin (NYSE: LMT) fell after the defense contractor reported material weaknesses related to internal controls for financial statements at its Sikorsky helicopter subsidiary. All three major U.S. stock indices also...
TYSONS CORNER, VA, Jan. 24, 2017 ” The U.S. Army has awarded a $33.1 million contract modification to L3 Technologies‘ (NYSE: LLL) combat propulsion systems business unit for transmission systems, related ancillary hardware and operational reliability services, ExecutiveBiz reported Monday. L3 will deliver 800-horsepower tr...
TYSONS CORNER, VA, Jan. 24, 2017 ” Iridium Communications (Nasdaq: IRDM) and Inmarsat have been named among the key players in the U.S. government and military satellite industry by a new Frost & Sullivan report released by Research and Markets, ExecutiveBiz reported Monday. The “US Government and Military Satellit...
TYSONS CORNER, VA, Jan. 24, 2017 ” The U.S. Navy has awarded a BAE Systems business unit a $68.5 million contract for facilities and human resources services in support of the modernization, repair and sustainment of the USS Roosevelt guided missile destroyer, ExecutiveBiz reported Monday. BAE’s Southeast Shipyard Mayport will p...
TYSONS CORNER, VA., January 24, 2017 — The Potomac Officers Club — a division of Executive Mosaic — rounds out speakers for their 2017 Internet of Things – Emerging Technologies Forum. The Internet of Things (IoT)”a term used to describe the set of physical objects embedded with sensors or actuators and connected to a ne...
Executive Mosaic’s GovCon Index tumbled in conjunction with larger declines on Wall Street Monday as investors retreated from equities after President Donald Trump signed an executive order to withdraw from the 12-country Trans-Pacific Partnership trade agreement. GovCon Index decliners outnumbered gainers by a 4-to-1 ratio and two o...
TYSONS CORNER, VA, Jan. 23, 2017 ” Lockheed Martin (NYSE: LMT) has begun to develop an optical instrument assembly for NASA‘s Wide Field Infrared Survey Telescope to support the space agency’s dark energy and exoplanet research efforts, ExecutiveBiz reported Friday. Scientists and engineers at Lockheed’s Advance...
TYSONS CORNER, VA, Jan. 23, 2017 ” Northrop Grumman (NYSE: NOC) will fund the Institution of Mechanical Engineers’ annual unmanned aircraft system design challenge for the third consecutive year in an effort to nurture innovative engineering and technical thinking among students, GovCon Executive reported Friday. Teams of e...
