Weekly Roundup June 26 – June 30 2017 A Note From Our President & Founder Jim Garrettson This week we saw the unveiling of the House Armed Services Committee’s $696.5 billion defense authorization bill. The draft, titled 2018 National Defense Authorization Act (NDAA), was revealed on the 26th and asks for …
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Northrop Grumman (NYSE: NOC) has won a potential four-year, $93 million contract to help the U.S. Marine Corps develop and maintain software for a command and control personal computer system. The company will also provide software development and maintenance support for a tactical service oriented architecture under the indefinite-delivery/indefinite-quantity contract, the Defense …
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The Executive Mosaic GovCon Index (GCI) closed up Friday to 94.885 a gain of 0.760 percent. The Index ended down 1.24 percent from the June open of 96.082. The month saw a GCI high of 96.224 and a low of 94.302. The major indices ended Friday with a monthly June performance with the …
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The Executive Mosaic GovCon Index closed up to 94.885 a gain of 0.760 percent. 28 of the 30 stocks that make up the Index where in the positive. ManTech international lead the GovCon Index posting a 5 percent gain as the company was upgraded by Loop Capital Markets. After sharp drops yesterday …
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Northrop Grumman (NYSE: NOC) has secured a $179 million contract modification from the U.S. Air Force to provide hardware and support for large aircraft infrared countermeasures systems, or LAIRCM. The Defense Department said Thursday the company will perform work under the modification in Rolling Meadows, Illinois through April 30, 2019. LAIRCM is designed …
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The Executive Mosaic GovCon Index closed up sharply 1.413 percent to 95.454. Posting the single largest daily gain for the month. 29 of the 30 stocks that make up the GovCon Index advanced on the day. Navistar International lead the index, up 6.66 percent as the company announced key executive changes at …
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Ron Davis, formerly chief information security officer of Vencore and a certified information systems security professional, has joined Huntington Ingalls Industries (NYSE: HII) as CISO. Davis will oversee a cybersecurity program that seeks to identify threats and risks as well as implement controls, methods and processes designed to secure HII …
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Jeremy Wensinger, James Winner and Robert Giannetta have been appointed to leadership positions at MHVC Acquisition Corp. — formerly known as the government information technology services business of Harris (NYSE: HRS). Investment firm Veritas Capital finalized its purchase of Harris IT Services for approximately $690 million in April and renamed the business MHVC Acquisition Corp. Herndon, …
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The Executive Mosaic GovCon Index closed up today 0.584 percent to 95.917, reversing its Friday almost 1.5 percent drop. Advancers outpaced decliners 3 to 1. All three the of the major indices were up on the day as technology stocks rebounded from the previous two weeks of sluggish performance. WTI crude oil …
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Lockheed Martin (NYSE: LMT) is in talks with the U.S. and 10 other countries over a potential contract worth at least $37 billion for the manufacturer to deliver a total of 440 F-35 fighter aircraft, Reuters reported Sunday. Sources told Reuters the multi-year transaction will consist of three portions from fiscal 2018 …
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