The U.S. Navy has selected six companies to compete for task orders to research, develop, sustain and update the service branch™s Combat Environment Instrumentation Systems under a potential five-year, $197.9 million contract. The Naval Air Warfare Center Weapons Division solicited proposals from 11 companies for the in...
Scott Whatmough, a 30-year veteran of Raytheon (NYSE: RTN), has been named senior vice president of the defense group at Engility (NYSE: EGL). Engility said Monday Whatmough will lead the group that offers technical and engineering support services to the Defense Department in his new position. ...
Executive Mosaic’s GovCon Index closed to a weekly low of 91.512 off 3.2 percent from Monday’s open. GovCon Index closed Friday with decliners out-placing advancers 7 to 1 on the day. The major U.S. markets S&P500, DJIA, and NASDAQ all closed down on the week as the Trump administration could not get their healthcare bill b...
Executive Mosaic’s GovCon Index closed to a monthly low of 91.512. The major U.S. markets close mixed with the S&P 500 and DJIA down slightly for the second straight day and the NASDAQ up. It appears that the GOP scraped the healthcare bill all together. The Trump administration could not reach agreement with fellow Republicans on...
TYSONS CORNER, VA, March 3, 2017 ” Engility (NYSE: EGL) has unveiled a data link service that will work to support situational awareness, interoperability and connectivity during in-theater operations, ExecutiveBiz reported Thursday. The company said Wednesday its Tactical Data Link Lite offering is a ruggedized platform designed...
Executive Mosaic’s GovCon Index closed at an all-time high Wednesday for the second time in three sessions as U.S. stocks also extended their record-setting rally in their best one-day performance of 2017 so far with the S&P 500 composite index above 2,400 for the first time during intraday trade after President Donald Trump̵...
Executive Mosaic’s GovCon Index posted its biggest one-day decline in a month Thursday with services and industrial components the largest drags in a session that saw U.S. equities struggle for clear direction as investors looked for more clarity on President Donald Trump’s economic agenda. GovCon Index decliners outnumber...
Executive Mosaic’s GovCon Index crawled to a fifth straight record close Friday to extend its current stretch of weekly gains to three and record a five-day advance of 2.72 percent . The U.S. stock benchmark S&P 500 also inched to a record close for a weekly gain of more than 1 percent despite investor uncertainty over ...
Executive Mosaic’s GovCon Index closed at a new all-time high for a fourth consecutive session on strong fourth quarter earnings from Huntington Ingalls Industries (NYSE: HII) as the U.S. benchmark S&P 500 retreated Thursday after a five-day stretch of record closes. Both the GCI and U.S. equities had set cont...
Executive Mosaic’s GovCon Index closed above the 90-point barrier for the first time in two months Friday to end the week higher as all three major U.S. stock indices closed at record highs for a second consecutive session on extended investor anticipation over President Donald Trump’s tax announcement within the next few weeks. GovCon I...
