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Executive Mosaic’s GovCon Index closed at a slight loss Wednesday to show a fourth session of tight movement over the last five on mixed activity in its large-cap members as U.S. stocks rode gains by energy producers on a 15-month high settlement in crude oil prices. GovCon Index laggers slightly edged gainers and...
TYSONS CORNER, VA, Oct. 19, 2016 ” Raytheon (NYSE: RTN) has received the 2016 Industrial Award from the Air Traffic Control Association in recognition of the company’s work in air traffic control modernization efforts, GovCon Executive reported Tuesday. The company said Monday ATCA presented the award during the organizatio...
TYSONS CORNER, VA, Oct. 19, 2016 ” Unisys (NYSE: UIS) will help update the Customs and Border Protection agency’s Land Border Integration systems that work to identify people and vehicles transiting through U.S. ports of entry, ExecutiveBiz reported Tuesday. The company said Tuesday the five-year Integrated T...
TYSONS CORNER, VA, Oct. 19, 2016 ” IAP Worldwide Services will install a ground intelligence system at Fort Hood and military facilities outside the U.S. under a potential $53 million contract from the U.S. Army, ExecutiveBiz reported Tuesday. The company said Monday the contract was awarded through the Rapid Response T...
TYSONS CORNER, VA, Oct. 19, 2016 ” CAE (NYSE: CAE) has secured contracts worth $76.3 million combined from the U.S. Air Force and U.S. Navy as well as Boeing‘s (NYSE: BA) Insitu subsidiary and Rotorsim to provide aircrew training services, ExecutiveBiz reported Tuesday. The training services will cover operators and crew on the KC-135, T-...
The U.S. Navy has awarded six companies contracts worth up to $230.6 million combined for curriculum development and maintenance services to the military branch’s Naval Training Products and Services Program. Each indefinite-delivery/indefinite-quantity contract has an ordering period of three years and a three-year option ...
General Dynamics‘ (NYSE: GD) Electric Boat subsidiary has been awarded a pair of contract modifications with a combined value of $176 million to maintain and repair the U.S. Navy‘s fast attack submarine USS Montpelier. Electric Boat will also perform alterations, testing and routine work on USS Montpelier during the ...
Executive Mosaic’s GovCon Index closed just shy of a full 1-percent gain Tuesday on a large upswing by Orbital ATK (NYSE: OA) after the company’s successful rocket launch Monday night and gains by other prime contractors. GovCon Index gainers outnumbered laggers at a 9-to-1 ratio and 10 of its 11 S&P 500 companies adva...
TYSONS CORNER, VA, Oct. 18, 2016 ” Mark Testoni, president and CEO of SAP National Security Services (NYSE: SAP), believes that law enforcement and intelligence agencies face a challenge in utilizing big data analytics to predict crime and terrorist attacks due to various controls, ExecutiveBiz reported Thursday. He said in a Bloomber...
Executive Mosaic’s GovCon Index posted little change for a second consecutive session Monday on mixed results among its large-cap companies as U.S. stocks closed mostly lower due to a sell-off in consumer and energy sector shares that coincided with a decline in crude oil prices. GovCon Index laggers outnumbered advancers and four&nb...
