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August 21st Market Close: GovConIndex Closes Up As Major Indices Close Mixed

The Executive Mosaic GovCon Index (GCI) reversed last weeks downward trend to close up 0.133 percent to 99.026. Advancing and declining shares were almost evenly split on the day. The major indices closed mixed with minor movement in either direction. The S&P500 advanced 0.12 percent to 2,428.37, while DJIA moved up by 0.13 percent to  21,703.75, and the NASDAQ Composite …

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Noblis’ Amr ElSawy Cites Analytic, Machine Learning Opportunities in Civilian, Intell & Defense Markets

TYSONS CORNER, VA, Aug. 21, 2017 — Amr ElSawy, president and CEO of Noblis, has said the company sees business opportunities across the civil, intelligence and defense market segments in areas such as cyber, analytics, high-performance computing, sustainability, biosciences and telecommunications. “[We] are proud of the outcomes we helped create in aviation, …

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Stu Shea: Peraton to Reaffirm Existing Capabilities to Support Customer Missions

TYSONS CORNER, VA, Aug. 21, 2017 — Peraton CEO Stu Shea has said the company will work to reaffirm its position in the space, intelligence, cyber/SIGINT, homeland security, defense and communications markets with its emergence from the sale of Harris‘ (NYSE: HRS) former government services unit to Veritas Capital. The business temporarily operated under …

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MTSI in Inc. 5000 List of Fastest-Growing Companies; Kevin Robinson Comments

TYSONS CORNER, VA, Aug. 21, 2017 — Modern Technology Solutions Inc. has received recognition in Inc. magazine’s list of the 5,000 fastest-growing private companies in the U.S. for 2017 and was included in the Honor Roll, GovCon Executive reported Thursday. The company said Wednesday this is its eighth time to be included in …

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CA Technologies Earns ‘FedRAMP Ready’ Status for Project & Portfolio Mgmt Offering

TYSONS CORNER, VA, Aug. 21, 2017 — CA Technologies (Nasdaq: CA) has received a FedRAMP Ready designation for its cloud-based project and portfolio management platform under the Federal Risk and Authorization Management Program, ExecutiveBiz reported Friday. Vinod Peris, senior vice president of engineering in CA Technologies’ Agile management business unit, wrote in …

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Navy Eyes Boeing, General Atomics, Lockheed, Northrop for Carrier-Based Drone Tanker Effort

TYSONS CORNER, VA, Aug. 21, 2017 — Boeing (NYSE: BA), General Atomics, Lockheed Martin (NYSE: LMT) and Northrop Grumman (NYSE: NOC) are expected to submit proposals to the U.S. Navy for the development of an unmanned aerial refueling tanker that operates with an aircraft carrier, ExecutiveBiz reported Friday. USNI News reported …

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MG Garrett Yee Added to Panel for 2017 Army Forum

TYSONS CORNER, VA, August 21, 2017 – The Potomac Officers Club — a division of Executive Mosaic — has added MG Garrett Yee to the list of panelists for the 2017 Army Forum. One of the top priorities for the Army is modernization, particularly in regards to its information technology capabilities. …

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August 21th Morning Report: Friday Close – Markets End The Week in The Negative

The Executive Mosaic GovCon Index (GCI) closed down on Friday and ended the week off 2.45 percent from Monday’s open. The major indices closed Friday in the negative. The S&P500 ended at 2,425.55 off 1.46 percent for the week, while DJIA dropped 1.43 percent for the week to 21,674.51, and the NASDAQ …

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Lockheed’s Rick Ambrose: AR/VR, 3D Printing & AI to Shape Satellite Production

TYSONS CORNER, VA, Aug. 18, 2017 — Rick Ambrose, executive vice president of Lockheed Martin‘s (NYSE: LMT) space systems segment, has said the future of satellite production will be driven by developments in augmented and virtual reality, 3D printing and artificial intelligence, ExecutiveBiz reported Wednesday. Ambrose, an inductee into Executive Mosaic’s Wash100 for 2017, …

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USS Gerald Ford Features Globecomm Entertainment & Comms System; Dwight Hunsicker Comments

TYSONS CORNER, VA, Aug. 18, 2017 — Globecomm Systems has helped Huntington Ingalls Industries (NYSE: HII) equip the U.S. Navy‘s USS Gerald R. Ford aircraft carrier with onboard communications and entertainment technologies as a subcontractor on the program, ExecutiveBiz reported Wednesday. Globecomm said Wednesday the carrier’s satellite and fiber-optic communications distribution infrastructure and internet protocol …

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