Executive Mosaic’s GovCon Index closed Friday down 0.177 points to 88.179 following a volatile afternoon trading session for U.S. stocks. Huntington Ingalls Industries (NYSE: HII) led all GCI net and percentage gainers Friday. The Index’s streak of five straight weekly gains also ended with this week’s loss...
Executive Mosaic’s GovCon Index swung to negative territory in a volatile afternoon session for U.S. stocks Friday as equities retreated from morning gains after reports surfaced that China’s navy seized a U.S. unmanned underwater drone in the South China Sea. The GovCon Index’s streak of five consecutive weekly gain...
TYSONS CORNER, VA, Dec. 16, 2016 ” Rebecca Cowen-Hirsch, a senior vice president at Inmarsat, and Rick Lober, a VP and general manager at Hughes Network Systems, were among the executive speakers at the Satellite Industry Association™s Defense Department Commercial SATCOM Workshop, GovCon Executive reported Wednesday. Cowen-...
TYSONS CORNER, VA, Dec. 16, 2016 ” A team comprised of Boeing (NYSE: BA), Southwest Research Institute and the National Center for Defense Manufacturing and Machining has received a four-year, $6.7 million contract from the U.S. Air Force to assist in the development of a robotic technology, ExecutiveBiz reported Thursday. SwRI s...
TYSONS CORNER, VA, Dec. 16, 2016 ” Deloitte‘s new “Mission analytics: Data-driven decision making in government“ report has recommended the use of analytics to help federal agencies gain insight from data, ExecutiveBiz reported Thursday. The company said Wednesday the report also stated that agencies need to build a progr...
TYSONS CORNER, VA, Dec. 16, 2016 ” The U.K. air force has expressed plans to equip its General Atomics-built Certifiable Predator B unmanned aircraft systems with MBDA‘s Brimstone precision strike missiles, ExecutiveBiz reported Thursday. MBDA said Dec. 8 it will partner with the Defense Department, the U.K ministry of defense a...
TYSONS CORNER, VA, Dec. 16, 2016 ” NTT Data (NYSE: NTT) will operate and maintain the SAP-based business management platform of the California State Teachers’ Retirement System as part of a five-year agreement, ExecutiveBiz reported Wednesday. “CalSTRS was seeking a vendor that would be able to support expansion of their S...
Raytheon (NYSE: RTN) has secured a potential five-year, $459 million indefinite-delivery/indefinite-quantity contract to begin full-rate production of cryptographic units designed to help the U.S. Air Force secure voice and data communications. The Defense Department said Thursday the company will build the devices in Indian...
A joint venture of Boeing (NYSE: BA) and Bell Helicopter has received two contract modifications worth potentially $411.9 million combined to repair various parts of the U.S. Navy‘s V-22 Osprey tiltrotor aircraft. The Bell Boeing Joint Program Office secured a $246.2 million delivery order modification that c...
Lockheed Martin (NYSE: LMT) has purchased a minority stake in San Diego-based semiconductor firm IQ-Analog for an undisclosed amount through the former™s venture capital arm, the Wall Street Journal reported Thursday. Doug Cameron writes the move is part of Lockheed™s efforts to tap emerging technology firms as the Defense Depart...
