TYSONS CORNER, VA, March 21, 2017 ” The Virginia Business magazine has named several leaders in the government contracting sector in its list of the 50 “Most Influential” Virginians for 2017, GovCon Executive reported Thursday. The Northern Virginia Technology Council said March 13 some of its board members, represent...
On Wednesday of last the Federal Reserve raised rates by one quarter point to 1.0 percent, while giving a strong indication of the potential for two additional rate increases to come later in the year. Executive Mosaic’s GovCon Index moved up to end the week in the positive. The Index closed at 94.094, up 0.853 percent...
Executive Mosaic’s GovCon Index moved contrary to the markets today to end the week in the positive. The Index closed at 94.094, up 0.853 percent from the week’s open. The markets closed mixed for the day with the S&P 500 and DJIA closing down, 0.13 percent and 0.10 percent respectively. The NASDAQ showed no movement from...
Northrop Grumman (NYSE: NOC) has been awarded a potential $812 million contract by the U.S. Navy to manufacture gun mission modules for the service branch’s Littoral Combat Ships. The company will also support basic outfitting assembly installation, engineering, sustainment and interim depot-level maintenance of LCS gun mission modul...
Executive Mosaic’s GovCon Index closed down on the day as markets were mixed. After the Federal Reserve raised rates by one quarter point yesterday the markets responded with modest losses on the S&P500 and DJIA and a nominal gain on the NASDAQ. Treasury yields moved higher and the dollar lower. GovCon Index declines outpaced advances...
Executive Mosaic’s GovCon Index closed down for the day to 92.798 off -0.123%, contrary to the major markets which all closed slightly up. Investors wait for the February official U.S. jobs data due to release tomorrow. GovCon Index decliners outpaced advancers 19 to 11 as Orbital ATK (NYSE:OA) leds gainers for the second day in a...
Peter Oosterveer, chief operating officer of Fluor (NYSE: FLR), is set to depart the construction and engineering services contractor by the end of March after a 28-year career there. Fluor said Wednesday Oosterveer will retire from the company and return to his native country of Netherlands for another job. He pre...
Michael Atcheson, formerly program director of the international business unit at Northrop Grumman™s (NYSE: NOC) mission systems sector, has been named president of command and control technologies group at Comtech Telecommunications (Nasdaq: CMTL). He succeeds Richard Burt, the group™s acting president who will continue to serve...
Executive Mosaic’s GovCon Index reversed it’s four day losing streak to close up 0.000% to 93.000. Even with the US stocks posting it third lose in the past four days the GovCon Index was able to remain in the positive. GovCon Index advancers split evenly with decliners as seven of its 11 S&P 500 components advanced...
Northrop Grumman has secured a $91 million contract modification to provide software configuration set upgrades to software and ancillary hardware of the U.S. Navy‘s and Australia™s EA-18G Growler electronic warfare aircraft. The Defense Department said Monday Northrop will design, develop and implement airborne electronic attack req...
