Executive Mosaic’s GovCon Index closed above 81 points for the first time Monday as the S&P 500 composite index ended at a new record high as investors sought to carry Friday’s rally after the pre-market June jobs report then. The GovCon Index gained 0.293 points to 81.106 as seven of the 30 stocks hit n...
TYSONS CORNER, VA, July 11, 2016 ” Engility (NYSE: EGL) will provide technical support for the U.S. Navy‘s flight clearance and aircraft worthiness efforts under a $38 million contract, ExecutiveBiz reported Thursday. The company said Thursday the contract from the Naval Air Systems Command‘s Airworthiness Office and CYBER...
The U.K. government and Boeing (NYSE:BA) have announced a set of defense-related pacts that cover sales of maritime patrol aircraft and attack helicopters to the country’s military, added research-and-development spending and initiatives to create new aerospace jobs in Britain. In a series of statements Monday, the U.K.’s defen...
Chris Hetmanski, a more than 20-year satellite and telecommunications industry veteran, has joined UltiSat as chief technology officer of the Gaithersburg, Maryland-based managed network services provider Ultisat said Thursday he will oversee development of the company’s end-to-end technology and service offerings for custo...
TYSONS CORNER, VA, July 8, 2016 ” IBM (NYSE: IBM) has partnered with the government of Romania to establish an innovation center in the country that will focus on cognitive computing technologies to promote entrepreneurship, ExecutiveBiz reported Thursday. Business Review reported Wednesday the European and National Romanian...
TYSONS CORNER, VA, July 8, 2016 ” Michael King, vice president for business development at Northrop Grumman‘s (NYSE: NOC) cyber and intelligence mission solutions business, has been appointed to the executive committee of the Intelligence and National Security Alliance, GovCon Executive reported Thursday. INSA said Wednesday the exec...
Paul Fernandes, president of the government services contractor STG Group, will retire from his role by the end of 2016 after a 12-year career at the Reston, Virginia-based company. STG said Thursday Fernandes plans to stay in the role until the end of the year as the company works to identify and appoint a CEO. “(Fernandes̵...
Lockheed Martin (NYSE:LMT) has secured a five-year, $504.3 million contract extension for in-service support to the Canadian air force’s fleet of C-130J Super Hercules aircraft. The company said Thursday it will continue to lead performance-based logistics for the operations, sustainment and maintenance of the 17-unit CC-13...
The Missile Defense Agency has awarded a potential five-year, $63 million contract to Strategic Alliance Business Group to provide strategic planning advisory and assistance services. The Defense Department said Thursday the company will support strategic planning management activities of MDA’s Chief of Staff Directorate un...
The U.S. Navy has awarded Praxis a potential five-year, $88.2 million task order to explore methods for the service branch to generate radio signals across high-power radio frequency spectrum. Praxis will collaborate with the Naval Research Laboratory to develop signal generation techniques for atmospheric research and spacecraft or aircraft calibra...
