Following Jacobs Engineering Group’s (JEC) official acquisition of KeyW on June 12th, United Technologies Corp. (UTX) has replaced KeyW as a member of the GovConIndex. You can find the daily performance of the GovCon industry, the latest financial news and expert analysis on the GovConIndex right here. UTX joins the …
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United Technologies Corp. (NYSE: UTX) has promoted 14-year company veteran Christopher Calio as president of UTC's Pratt & Whitney subsidiary in a move that will take effect in early 2020. He will succeed Robert Leduc, who is due to retire from the company next year after a four-decade career, UTC said Tuesday.
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Executive Mosaic management has updated the GovConIndex to replace KeyW as a member of the “GovCon30” with United Technologies Corp. (UTX) following the completion of Jacobs Engineering Group’s (JEC) acquisition of KeyW on June 12th. UTC joins the GovConIndex as one of 30 publicly traded GovCon firms to represent a cross-industry analysis of the overall performance of the GovCon sector.
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On Thursday, Executive Mosaic hosted the Potomac Officers Club’s 2019 Artificial Intelligence Forum. The forum featured a keynote address from BG Matthew Easley discussing the challenges of implementing AI for the U.S. Army, and a panel of GovCon leaders who elaborated on the impact AI continues to have on federal …
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On Nov. 26th, United Technologies announced its move to split the company into three separate businesses following the completion of the $30B Rockwell Collins acquisition on Nov. 23rd. The move will combine UTC’s Pratt & Whitney and United Technologies Aerospace Systems with Rockwell Collins to form Collins Aerospace Systems. The …
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Weekly Roundup April 9 – April 13, 2018 Click here to see Real-Time GovCon Sector Quotes GDIT Adds Former CSRA Execs, More Industry Executive Moves & Wash100 Update Jim Garrettson, Executive Mosaic CEO This week, General Dynamics Information Technology added five former CSRA executives to its leadership, following the April 3rd completion of its $9.7 billion purchase of …
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TYSONS CORNER, VA, April 11, 2018 — Lockheed Martin (NYSE: LMT) has announced that General Electric (NYSE: GE), United Technologies Corp. (NYSE: UTX) and Triumph Aerostructures will help on its proposed offering for the U.S. Navy’s MQ-25 carrier-based aerial tanker drone program, ExecutiveBiz reported Tuesday. GE and United Technologies will respectively provide …
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Weekly Roundup December 18 – December 22 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson This month there was a significant amount of year-end contract activity in the GovCon marketplace. Foreign nations announced their intent to purchase military vehicles and the …
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Lockheed Martin Corp. ‘s (LMT) business unit, Aeronautics, won a $19.8 million contract modification for work on the F-35 aircraft memory system and panoramic cockpit display. This will help recover diminishing manufacturing sources projected under the 15th Lot production of the F-35 aircraft, reports Nasdaq.com. Forty percent of the contracted …
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Executive Mosaic’s GovCon Index fell 1 percent Monday on a steep by Lockheed Martin‘s (NYSE: LMT) stock at 2 percent as other large defense primes also tumbled after President-elect Donald Trump criticized the F-35 program’s costs in a Twitter post before markets opened. The GovCon Index traded down 2 percent shortly before 12 p.m. Eastern …
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