A joint venture of SOS Security LLC–Evik Seguranca e Vigilancia has been awarded a five-year, $83 million contract by the State Department to continue to provide security services at the U.S. embassy in Brazil. The SOS Security-Evik Seguranca e Vigilancia JV will also help DoS secure U.S. consulates located in Bel...
TYSONS CORNER, VA, Sept. 14, 2016 ” CAE (NYSE: CAE) has received approximately $91.2 million in contracts from the U.S. Air Force, U.S. Navy and Austria’s armed forces to provide aircrew training services and simulation system updates, ExecutiveBiz reported Tuesday. The company said Tuesday it will provide training on the M...
Wayne Goodman, senior vice president of the operations and support group at The Aerospace Corp., has been elected to succeed the retiring David Gorney as executive vice president, effective Jan. 1, 2017. Goodman will oversee the implementation of Aerospace Corp.™s strategic goals and will report to the president and CEO to carry out cross...
Boeing‘s (NYSE: BA) defense, space and security segment has received a potential $700 million indefinite-delivery/indefinite-quantity contract from the U.S. Air Force for the production of lots 12 to 14 Small Diameter Bomb Increment 1 weapons and carriage systems. The Defense Department said Thursday the sole-sour...
Mylan Pharmaceuticals (Nasdaq: MYL) has won a potential $121.5 million contract from the Defense Logistics Agency to provide lidocaine 5 percent patch, a medicine designed for the treatment of post-herpetic neuralgia pain. Mylan will supply the medical product to the departments of Defense and Veterans Affairs as well as the...
Executive Mosaic’s GovCon Index closed down sharply after Monday’s rally. The Index hit a new two month low to close at 79.605 off 1.39 percent on the day. Declining shares outpaced advancing 28 to 2. The markets responded to further uncertainty about an increase in U.S. interest rates, and a significant slide in oil prices due...
Hawthorne, California-based OSI Systems (Nasdaq: OSIS) has bought inspection systems provider American Science and Engineering for approximately $269 million, or $37.00 per share in cash. The transaction adds AS&E’s screening technology platforms into OSI Systems’ portfolio of security offerings suc...
Executive Mosaic’s GovCon Index reversed it’s Friday closing position with a significant advance to 80.727, up 1.13 percent. All thrifty stock in the index advanced. Fed Governor Lael Brainard addressing The Chicago Council on Global Affairs “counsels prudence in the removal of policy accommodation.” Markets move t...
TYSONS CORNER, VA, Sept. 12, 2016 ” In-Q-Tel and Zoomdata have partnered to address the big data management requirements of the intelligence community using the latter’s visual analytics platform under a new strategic investment and technology agreement, ExecutiveBiz reported Friday. The agreement works to up...
TYSONS CORNER, VA, Sept. 12, 2016 ” Microsoft (Nasdaq: MSFT) has unveiled a new pricing tool that works to estimate the cost of using the Azure Government cloud computing platform, ExecutiveBiz reported Friday. A Microsoft blog post published Tuesday said government agency users can use the tool to calculate their monthly bill and dow...
