Tag Archives: Harris

February 15 Market Close: GovCon Index & US Stocks Further Extend Record Highs

Executive Mosaic’s GovCon Index and all three major U.S. stock indices moved further into record-high territory Wednesday after President Donald Trump repeated his plans to cut taxes and simplify the tax code after a meeting with retail company executives. GovCon Index advancers outnumbered decliners by a 9-to-1 ratio as nine of …

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Veritas Capital Raises $3.6B for Future Investment in Midmarket Tech Companies

Veritas Capital has raised $3.55 billion to fund future investments in technology-focused middle-market companies that support government-related and commercial organizations across various sectors. The private equity investment firm said Wednesday Veritas Capital Fund VI, which exceeded the target hard cap of $3 billion in four months, could go to investments in sectors such …

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Japan Meteorological Agency Releases 1st Photo by Harris-Built Weather Satellite Imager

TYSONS CORNER, VA, Feb. 8, 2017 — Japan’s meteorological agency has released the first photo captured by the Harris-built (NYSE: HRS) imager onboard the country’s Himawari-9 weather satellite, ExecutiveBiz reported Tuesday. The Advanced Himawari Imager is equipped with 11 additional spectral bands and a higher resolution to help bolster the quality, speed and …

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January 30 Morning Report: GovCon Index Gets Boost From General Dynamics’ Positive 3-Year Sales Outlook

Executive Mosaic’s GovCon Index posted a 0.257-percent gain to 88.929 Friday despite decliners outnumbering gainers by a 2-to-1 ratio as General Dynamics (NYSE: GD) recorded an all-time high on a positive three-year sales outlook. General Dynamics, which was GCI’s top net and percentage performer, said in an earnings call it expects revenue to increase 5.6 …

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Weekly Roundup January 23 – January 27 2017: Meet Our 2017 Wash100 Inductee Class & more

Weekly Roundup January 23 – January 27 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson It is that time of year again: the time for Executive Mosaic to reveal the executives our editorial and organizational leadership see as the Most Influential Leaders and …

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Harris to Sell Govt IT Services Business to Veritas Capital for $690M

Harris Corp. (NYSE: HRS) has agreed to sell its government information technology services business to private equity investment firm Veritas Capital for approximately $690 million in the military radio maker’s second major divestiture over less than one month as part of its larger portfolio reshaping effort. The deal comes approximately three weeks …

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NOAA Releases 1st Image From Harris-Built Camera on Lockheed’s GOES-16 Satellite

TYSONS CORNER, VA, Jan. 25, 2017 — The National Oceanic and Atmospheric Administration has released the first image captured by a Harris-built (NYSE: HRS) digital camera onboard the Lockheed Martin-produced (NYSE: LMT) Geostationary Operational Environmental Satellite-16, ExecutiveBiz reported Tuesday. The weather satellite’s Advanced Baseline Imager took a picture of the Earth’s western hemisphere …

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January 24 Market Close: GovCon Index Advances With Boeing Lift, Lockheed Drags on Dimmed Guidance & Sikorsky Material Weakness

Executive Mosaic’s GovCon Index traded higher Tuesday on a lift from Boeing (NYSE: BA) and government services stocks as Lockheed Martin (NYSE: LMT) fell after the defense contractor reported material weaknesses related to internal controls for financial statements at its Sikorsky helicopter subsidiary. All three major U.S. stock indices also advanced as the S&P …

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Harris to Build Narrowband Soldier Radio Waveform for DoD

TYSONS CORNER, VA, Jan. 17, 2017 — Harris (NYSE: HRS) has received a three-year contract from the National Spectrum Consortium to build a narrowband configuration of the Defense Department‘s open-standard voice and data waveform, ExecutiveBiz reported Friday. The company said Wednesday the narrowband mode for the Soldier Radio Waveform will work to extend the …

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Harris to Provide Electronic Warfare Systems for Morocco’s F-16 Fleet; Ed Zoiss Comments

TYSONS CORNER, VA, Jan. 12, 2017 — Harris (NYSE: HRS) will provide electronic warfare systems for the Moroccan air force’s fleet of F-16 fighter jets as part of a potential $91 million contract from the U.S. Air Force, ExecutiveBiz reported Wednesday. The company said Tuesday it will provide its AN/ALQ-211 Advanced Integrated …

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