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BAE Systems has received a potential $1.79 billion contract from the U.K.’s defense ministry to design and build a nuclear-powered attack submarine for the British navy. BAE said Wednesday that Agamemnon will be the sixth of seven Astute-class submarines to be constructed at a company facility ...

The Executive Mosaic GovCon Index retreated to close down 0.407 percent to 90.431 giving back one-half of yesterday’s gains. Advancing and declining stocks were pretty well split on the day. U.S. markets all closed down with a disappointing earning report from Goldman Sachs. Leading the decline were healthcare companies, energy produ...

Peder Jungck, chief technology officer of BAE Systems‘ intelligence and security business, will serve as president of a nonprofit industry organization that aims to facilitate cyber threat information sharing and collaboration in the technology sector. The company said Tuesday Jungck will lead the Information Technology – Infor...

At noon on the day prior to the long holiday weekend the Executive Mosaic GovCon Index is up slightly by 0.270 percent to 90.614. Advancing companies are outpacing decliners 18 to 12. As markets anticipate the long Easter weekend they are up slightly as JP Morgan Chase & Co. and Citigroup Inc. reported solid earnings boosting banks...

The Executive Mosaic GovCon Index followed major markets closing down 1.027 percent to 90.370; reversing its five days of gains. The GovCon Index advancing companies outpaced decliners 5 to 1. The major markets all moved negative as President Trump stated to the WSJ that the dollar is “getting too strong.” The US dollar also sa...

The Executive Mosaic GovCon Index closed up 0.028 percent to 90.847 with KBR at the top after announcing the settlement of a decade long legal dispute. The GovCon Index advancing companies outpaced decliners 2 to 1. The major markets showed nominal movement as investors remain on the sidelines watching the Asian and Middle East political c...

The Executive Mosaic GovCon Index ended Friday up 0.578 percent to 90.822 for the day and closed at a weekly high. Both defense contractors and crude oil futures fared well after the U.S. action against Syria. On Friday GovCon Index advancing companies outpaced decliners 4 to 1. Major market indices reacted minimally to Friday’s...