Seventeen companies have won positions on a potential five-year, $248.8 million contract to support the U.S. Army‘s program executive office for intelligence electronic warfare and sensors. Contractors will vie for task orders to provide acquisition, operations, program, business and technical services to PEO IEW&S, the Defe...
Charles Davis, former president and CEO of Seabury Group’s global aerospace and defense consulting division, has joined L-3 Communications (NYSE: LLL) as senior vice president of strategy at the company’s aerospace systems segment. L-3 said Tuesday he will report to Mark Von Schwarz, president of L-3...
Executive Mosaic’s GovCon Index continued its pre Labor Day rise with another positive close to 82.015. Energy companies lead U.S. stocks higher Tuesday in hopes for an agreement among oil producing countries that could limit production and send crude prices and company profits higher. GovCon Index gainers outnumbered laggers by a roughly...
TYSONS CORNER, VA, Sept. 6, 2016 ” Intel (Nasdaq: INTC) has received a certificate of waiver from the Federal Aviation Administration that allows the company to operate up to 1, 000 small unmanned aircraft systems at night within special security notice flight restricted areas, ExecutiveBiz reported Friday. The company said Thursday the Pa...
TYSONS CORNER, VA, Sept. 6, 2016 ” Northrop Grumman (NYSE: NOC) will feature its AQS-24B mine-hunting sensor system during a demonstration at the Unmanned Warrior exercise in October, ExecutiveBiz reported Friday. The company said Thursday the technology works to detect, locate and classify undersea mines using its synthetic aper...
TYSONS CORNER, VA, Sept. 6, 2016 ” DynCorp International will provide support services for Defense Department civilian and military personnel as well as contractors in Egypt under a $22.5 million contract, ExecutiveBiz reported Friday. The company said Thursday the contract covers support for daily living to Egypt-based personnel...
TYSONS CORNER, VA, Sept. 6, 2016 ” The corporate investment arm of Salesforce (NYSE: CRM) has provided funds to support Phase One Consulting Group‘s federal business particularly in the field of federal information technology, ExecutiveBiz reported Friday. Phase One said Thursday Salesforce Ventures was one of the part...
Executive Mosaic’s GovCon Index posted a gain of 0.508 percent or 0.412 points Friday to close at 81.565 and end a three-day losing streak as investors bet against the possibility of an interest rate hike in September. The Index also registered a weekly gain with S&P 500-listed Northrop Grumman (NYSE: NOC) as ...
Executive Mosaic’s GovCon Index ended its three-day losing streak Friday after August’s jobs report missed economists expectations to register a weekly gain and investors bet against the possibility of a September interest rate hike. GovCon Index gainers outnumbered laggers by a roughly 9-to-1 ratio and S&P 500-listed&...
TYSONS CORNER, VA, Sept. 2, 2016 ” Orbital ATK (NYSE: OA) has opened multiple facilities in Rocket Center, West Virginia, to produce advanced tactical propulsion systems, ExecutiveBiz reported Thursday. The company said Wednesday the facilities, located at the Allegany Ballistics Laboratory, are built to help address a&...
