Executive Mosaic’s GovCon Index closed in the negative Friday with a 0.953-percent or 0.760-point drop to 78.957. The Index also recorded a weekly decline ahead of the Federal Reserve‘s two-day meeting on Sept. 20 and 21. All of GCI’s S&P 500 stocks posted losses in Friday’s session while four reg...
Executive Mosaic’s GovCon Index held negative Friday to end at a weekly decline as U.S. stock markets extended the current stretch of sharp swings between gains and losses as the Federal Reserve‘s next two-day meeting looms for Tuesday and Wednesday. Decliners outnumbered advancers 9-to-1 and all of the GovCon Index’s S&P ...
TYSONS CORNER, VA, Sept. 16, 2016 ” Lockheed Martin (NYSE: LMT) has found an issue with a component of the U.S. Air Force‘s GPS III satellites and has postponed the first satellite delivery by four months in an effort to address the matter, ExecutiveBiz reported Thursday. Space News reported Wednesday that the company ...
TYSONS CORNER, VA, Sept. 16, 2016 ” CAE (NYSE: CAE) has supported the Australian and Canadian air forces as they participated in the U.S. Air Force-hosted Coalition Virtual Flag 16 multinational air combat training exercise, ExecutiveBiz reported Thursday. Australia and Canada employed CAE’s full-flight missi...
TYSONS CORNER, VA, Sept. 16, 2016 ” Inmarsat will offer its Classic Aero and SwiftBroadband-Safety cockpit communication services to China through its partnership with Beijing Marine Communication & Navigation Company and Aviation Data Communication Corp., ExecutiveBiz reported Thursday. The companies will finalize their...
TYSONS CORNER, VA, Sept. 16, 2016 ” CyrusOne (Nasdaq: CONE) has moved to expand its colocation infrastructure with a new 23-acre property in Aurora, Illinois, that it aims to develop into a facility to operate alongside an existing data center, ExecutiveBiz reported Thursday. The company said Thursday the future c...
TYSONS CORNER, VA, Sept. 16, 2016 ” Robin Lineberger of Deloitte and Casey Coleman of Unisys (NYSE: UIS) have led a study by the Professional Services Council on the various roles of federal chief technology officers as they work to drive innovation at agencies, Executive Gov reported Wednesday. PSC said Tuesday Lineberger and Co...
Don Schaefer, a 35-year government contracting industry veteran and a former vice president at Noblis, has joined MDA Information Systems as president of the Gaithersburg, Maryland-based geospatial and advanced information services contractor. He will report to acting CEO Jerry Agee within two to three months of t...
Seven companies have won separate potential five-year contracts to provide technology integration, cyberspace science, research and engineering support to the U.S. Navy. Each of cost-reimbursement contracts have a base term of three years with an additional two-year option and the Navy’s Space and Naval Warfare Systems Center Pacific...
The U.S. Navy has awarded Austal USA a $248.9 million contract modification to definitize the procurement of long lead-time materials as well as to commence design and construction of the military branch’s 11th and 12th Expeditionary Fast Transport vessels. The EPF vessels will be built to transport personnel, supplies and ...
