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Executive Mosaic’s GovCon Index dropped at least one full net point Tuesday for the first time since June 24 on a sharp drop in Lockheed Martin (NYSE: LMT) shares upon the defense contractor’s completion of the spinoff and subsequent merger of its government and technical services business into Leidos Holdin...
TYSONS CORNER, VA, Aug. 16, 2016 ” BAE Systems has unveiled a cybersecurity and threat intelligence hub in Malaysia in support of cyber awareness and cyber technology adoption efforts in the country, ExecutiveBiz reported Monday. The company said Thursday the Malaysian Nerve Center in Kuala Lumpur will work alongside BAE’s&...
The National Geospatial-Intelligence Agency has awarded ManTech International (Nasdaq: MANT) a potential five-year, $322 million contract for information technology services. NGA said Monday that ManTech will operate and maintain the agency’s enterprise and cybersecurity environments under the contract with no additional details...
Executive Mosaic’s GovCon Index closed at another all-time high Monday with 28 out of 30 companies including all 11 S&P 500-listed stocks in green and middle- to large-tier defense contractors as the session’s top advancers. L-3 Communications (NYSE: LLL) led all net gainers after the military technology maker was sele...
TYSONS CORNER, VA, Aug. 15, 2016 ” Orbital ATK (NYSE: OA) has set a goal of launching its Antares flight vehicle in the second half of September after the rocket completed a stage test in May, ExecutiveBiz reported Friday. The company is working with NASA to set the return-to-flight date for Antares...
TYSONS CORNER, VA, Aug. 15, 2016 ” BAE Systems will provide logistics services in support of the U.S. Army‘s tactical signal intelligence payload system under a potential $38.2 million contract, ExecutiveBiz reported Friday. The Defense Department said Thursday the contract covers support for the company-built payload through Au...
TYSONS CORNER, VA, Aug. 15, 2016 ” SAP National Security Services has created machine learning and artificial intelligence tools to support the government’s efforts to thwart online terrorism activity, ExecutiveBiz reported Friday Fast Company reported Thursday SAP NS2 collaborates with federal agencies and Threat...
Lockheed Martin (NYSE: LMT) will receive approximately $1 billion in additional funds from the Defense Department after DoD decided to reimburse the company for production costs incurred on lot 9 of the F-35 Lightning II aircraft, Defense News reported Thursday. Valerie Insinna writes the F-35 joint program office will obligate funds for low-ra...
Executive Mosaic’s GovCon Index closed Friday down 0.148 points to 82.467 to end the week with a 0.315-point loss. The Index mirrored the larger U.S. market as the retail sales report for July showed no change from the previous month and manufacturing data fell below analyst expectations. Four of GCI’s S&P 50...
Executive Mosaic’s GovCon Index turned downward Friday to end at a weekly loss as U.S. stocks also held negative after July’s retail sales report showed no change from the previous month and new manufacturing data also fell below economists’ expectations. For the week, the Index registered a 0.315-point dec...
