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Executive Mosaic’s GovCon Index traded in tight range Monday to record its third straight monthly decline with a second week of quarterly financial reports from GCI companies set to begin Tuesday morning. U.S. stocks also struggled for direction Monday in the start of the final full trading week before the presidential election Nov. ...
TYSONS CORNER, VA, Oct. 31, 2016 ” Rebecca Cowen-Hirsch, a senior vice president at Inmarsat, has said the company’s Global Xpress commercial satellite network could help address the mobile needs of government users, ExecutiveBiz reported Wednesday. Global Xpress is a commercial Ka-band network designed to work with government military sa...
TYSONS CORNER, VA, Oct. 31, 2016 ” BAE Systems has received a contract from General Dynamics‘ (NYSE: GD) Electric Boat subsidiary to manufacture payload module tubes for the U.S. Navy‘s Virginia-class Block V submarines, ExecutiveBiz reported Friday. The Virginia Payload Module features four payload tubes that will wo...
TYSONS CORNER, VA, Oct. 31, 2016 ” Raytheon (NYSE: RTN) has unveiled its newly renovated systems modernization and sustainment facility in Indianapolis during a ribbon-cutting ceremony held Thursday, ExecutiveBiz reported Friday. The renovation project gave the building a facelift and internal updates in an effort to support 250 new jobs, ...
TYSONS CORNER, VA, Oct. 31, 2016 ” Iridium (Nasdaq: IRDM) has entered into an agreement with Japan-based construction and mining equipment manufacturer Komatsu to integrate their asset tracking and monitoring service and vehicle monitoring technologies, ExecutiveBiz reported Friday. Komatsu’s KOMTRAX system will use Iridium̵...
TYSONS CORNER, VA, Oct. 31, 2016 ” Tony Frazier, senior vice president of government solutions at DigitalGlobe (NYSE: DGI), has said DigitalGlobe’s acquisition of geospatial information services contractor The Radiant Group serves to support the former’s services business expansion efforts, ExecutiveBiz reported...
Paul Dillahay, a 15-year GovCon management veteran and a former executive vice president at CACI International (NYSE: CACI), has joined Reston, Virginia-based government technology services contractor NCI (Nasdaq: NCIT) as president and CEO in a move that takes effect immediately. NCI said Monday Dillahay succeeds former president and c...
A subsidiary of Accenture (NYSE: ACN) has received a potential five-year, $81.3 million contract from the Health Resources and Services Administration to operate and maintain HRSA’s electronic handbooks system. Accenture Federal Services will work with Microsoft (Nasdaq: MSFT), DMI and Avanade as w...
Executive Mosaic’s GovCon Index posted a 1.039-percent or 0.830-point decline Friday to close at 79.036 and record its fifth consecutive weekly loss. Friday saw Northrop Grumman (NYSE: NOC) as the GCI’s best net performer followed by L-3 Communications (NYSE: LLL) and General Dynamics (NYSE: GD), while ...
Executive Mosaic’s GovCon Index fell at least 1 percent for a second straight time Friday to post its fifth consecutive weekly loss after pharmaceutical services provider McKesson Corp. (NYSE: MCK) issued a guidance cut due to nationwide drug pricing pressure on wholesalers. GovCon Index gainers outnumbered laggers at a 2-to-1 r...
