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Executive Mosaic’s GovCon Index nudged a slight gain Thursday in a mostly positive session for the U.S. stock market at-large as investors listened to Federal Reserve Chair Janet Yellen’s congressional testimony. GovCon Index decliners edged advancers and three of its 11 S&P 500 components closed green with H...
TYSONS CORNER, VA, Nov. 17, 2016 ” NCR (NYSE: NCR) has provided four self-service kiosks at the Veterans’ Day Parades in New York and Los Angeles to support service members and veterans throughout the event, GovCon Executive reported Tuesday. The Veterans Kiosk is designed to allow veterans, service members and military families to r...
TYSONS CORNER, VA, Nov. 17, 2016 ” Boeing (NYSE: BA) plans to consolidate facilities and workloads across some U.S. sites to support efforts to drive the operational efficiency of its defense, space and security unit, ExecuitveBiz reported Wednesday. The company said Tuesday it aims to reduce office space by approximately 4.5 million ...
TYSONS CORNER, VA, Nov. 17, 2016 ” CSRA (NYSE: CSRA) has established a new technology facility in Bossier City, Louisiana, that will work to provide information technology services to the company’s government customers, ExecutiveBiz reported Wednesday. The company said Tuesday the Integrated Technology Center will employ more than 800 col...
TYSONS CORNER, VA, Nov. 17, 2016 ” The National Oceanic and Atmospheric Administration has awarded a grant to a General Atomics business unit to study and assess infrasound technology as a method to detect tornadoes, ExecutiveBiz reported Wednesday. General Atomics Electromagnetic Systems will partner with the University of Alabama in...
Credit rating agency Fitch Ratings expects the Defense Department‘s budget and overall defense spending to increase in the next four years on Donald Trump’s election as president with the cybersecurity environment and U.S. Navy as key potential beneficiaries. Fitch said Wednesday it improved its credit view ...
The State Department has approved U.K.™s request to buy $1 billion in General Atomics-built Predator B remotely piloted aircraft and related support from the U.S. government under a foreign military sales agreement between both countries. The U.K. government asked to procure up to 26 Predator B drones, 12 ground control stations, 25 m...
Leidos (NYSE: LDOS) has received a $71.1 million contract modification to help the U.S. Army integrate,  sustain and operate the military branch’s Saturn Arch neutralizer platform for improvised explosive devices. The Army obligated $45.6 million in fiscal 2016 “other” procurement and operations and maintenance funds at...
DigitalGlobe (NYSE: DGI) has wrapped up its purchase of Chantilly, Virginia-based geospatial data services contractor The Radiant Group from investment firm Aston Capital for approximately $140 million cash. DigitalGlobe said Wednesday the acquisition allows the Westminster, Colorado-based satellite imagery provider to stren...
The State Department has approved a potential $141 million sale of Large Aircraft Infrared Countermeasures systems and non-defense equipment to South Korea under a foreign military sales agreement with Northrop Grumman (NYSE: NOC) as the contractor. The Defense Security Cooperation Agency said Wednesday South Korea™s request of the&nb...
