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Tag Archives: Executive Mosaic

July 22 Market Close: GovCon Index Closes Down On Tech Stock Performance

The GovCon Index trailed down following the U.S. markets to close at 76.057, a loss of 0.086 points. Apple (Nasdaq: APPL),  Microsoft (Nasdaq: MSFT), Yahoo (Nasdaq: YHOO) all turned in disappointing results; pulling down the NASDAQ composite index reported by Bloomberg. A rally in bank stocks helped stem off a steeper decline in …

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Maximus’ Tom Romeo Sees Larger Industry Role in Citizen Experience

TYSONS CORNER, VA July 22, 2015 — Tom Romeo, Maximus (NYSE: MMS) president for federal systems, indicated that industry has an opportunity to increase its participation in redefining the citizen experience when transacting with the government. Romeo, speaking to ExecutiveBiz in an exclusive interview posted Tuesday, said citizens are beginning to expect …

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Carmen Krueger: SAP Taps Virtustream in SAP HANA Fed Cloud Push

TYSONS CORNER, VA July 22, 2015 — ExecutiveBiz reported Tuesday on SAP (NYSE: SAP) National Security Services entering a federal cloud deployment alliance with FedRAMP-compliant Virtustream. “Through our partnership with Virtustream we have unleashed the capabilities of SAP HANA in the cloud, enabling our federal customers to innovate in a …

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Rick Lober: Hughes Tests HD Video Capability Via Satcom Helicopter

TYSONS CORNER, VA July 22, 2015 — ExecutiveBiz reported Tuesday on Hughes and its industry partners performing a test transmission of high-definition video via satellite from a rotary wing aircraft. Rick Lober, vice president and general manager of the defense and intelligence systems division at Hughes, indicated that the exercise …

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July 21 Market Close: GovCon Index, US Stocks Plunge on Earnings Results

The GovCon Index mirrored across-the-board declines in U.S. stock markets Tuesday with a loss of 1.302 percent to close at 76.143. Investors reacted negatively to earnings reports from blue chip stocks such as IBM (NYSE: IBM), United Technologies (NYSE: UTX) and Verizon (NYSE: VZ) that either missed forecasts by many market analysts or …

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Cubic Awarded Emirates Airlines Aviation Training Contract

TYSONS CORNER, VA July 21, 2015 — Cubic (NYSE: CUB) will provide game-based aviation and safety training for flight crews of Emirates Airlines, with focus on using the latest techniques in virtual technology and the science of learning, ExecutiveBiz reported Monday. “The [Emirates] cabin crew will be educated using the …

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Orbital ATK to Enter Full Rate Production on Abrams Tank Ammo

TYSONS CORNER, VA July 21, 2015 — ExecutiveBiz reported Monday on Orbital ATK (NYSE: OA) announcing that full rate production will begin on the fifth-generation M829E4 120mm advanced kinetic energy cartridge for use on the U.S. Army’s Abrams main battle tank. Work to develop and quantify the kinetic energy cartridge falls …

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Northrop Lands Mine Hunter Contract for Navy Helicopter Deployment

TYSONS CORNER, VA July 21, 2015 — The Naval Sea Systems Command has contracted Northrop Grumman (NYSE: NOC) to develop, fabricate, test and produce AN/AQS-24C mine hunting sonar systems for use on the MH-53E Sea Dragon helicopter, ExecutiveBiz reported Monday. Majority of the work on the $14.8 million cost-plus-fixed-fee, firm-fixed-price …

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Harris Receives New Order for Multiband SATCOM Terminals from Army

TYSONS CORNER, VA July 21, 2015 — Harris Corp. (NYSE: HRS) has landed a fresh order for X-band and X-/Ka-band satellite communication terminals worth $45 million from the U.S. Army, ExecutiveBiz reported Monday. Harris said the contract under the military branch’s Modernization of Enterprise Terminals program includes electronics equipment and …

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Tina Dolph: Need for Efficiency, Integration Drives Govt Services Focus on Data, Tech

TYSONS CORNER, VA July 21, 2015 — Tina Dolph, president of ASRC Federal’s information and technical solutions operating group, indicated that today’s government services market has come to depend on data and technology. She told ExecutiveBiz in an exclusive interview posted Monday that ASRC’s subsidiaries are well positioned to provide these …

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