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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...
TYSONS CORNER, VA, Sept. 12, 2016 ” Mitre has named Van Cleve & Associates and Open Works Engineering as the winners of its competition to test new systems that work to detect and counter small drones that could potentially pose a threat, GovCon Executive reported Friday. The nonprofit organization said Thursday Van Clee...
TYSONS CORNER, VA, Sept. 12, 2016 ” DigitalGlobe‘s (NYSE: DGI) Direct Access Program for international partners on the WorldView satellite service will receive support from Orbit Logic‘s updated Direct Access Facility Collection Planning Systems software, ExecutiveBiz reported Friday. Orbit Logic said Wednesday t...
Stephen Ondra, formerly senior vice president and chief medical officer at health insurer Health Care Service Corp., has joined Maryland-based open-source software firm Amida Technology Solutions as chief strategy officer. Peter Levin, founder and CEO of Amida, said in a statement released Thursday Ondra™s leadership experience in both private ...
