TYSONS CORNER, VA, Sept. 21, 2016 ” Northrop Grumman (NYSE: NOC), prime contractor on the U.S. Air Force‘s B-21 program, has unveiled that the service branch’s future long-range strike bomber will be called the Raider, ExecutiveBiz reported Tuesday. The company said Monday Air Force Secretary Deborah Lee James announced th...
Executive Mosaic’s GovCon Index closed in narrow range Tuesday after Cowen and Company downgraded the stock of military shipbuilder Huntington Ingalls Industries (NYSE: HII) and GCI decliners over gainers at roughly 2-to-1 ratio. Newport News, Virginia-based Huntington Ingalls ended as the GovCon Index’s worst net performe...
Seven companies have won separate potential five-year contracts to provide technology integration, cyberspace science, research and engineering support to the U.S. Navy. Each of cost-reimbursement contracts have a base term of three years with an additional two-year option and the Navy’s Space and Naval Warfare Systems Center Pacific...
Executive Mosaic’s GovCon Index closed down slightly after significant market swings the past three days. Declining shares outpaced advancing 23 to 6. Market closed mixed with DJIA and S&P500 down and the NASDAQ tech stocks up on the day. Investor are still cautious ahead of next week’s Fed meeting and the potential of incr...
TYSONS CORNER, VA, Sept. 12, 2016 ” In-Q-Tel and Zoomdata have partnered to address the big data management requirements of the intelligence community using the latter’s visual analytics platform under a new strategic investment and technology agreement, ExecutiveBiz reported Friday. The agreement works to up...
Northrop Grumman (NYSE: NOC) has secured a $108.1 million contract to build 10 MQ-8C Fire Scout unmanned autonomous helicopters for the U.S. Navy. The Defense Department said Friday that Northrop will perform work in California, Alabama, Texas and Mississippi as well as other locations within the U.S. through Augus...
Executive Mosaic’s GovCon Index closed down with mix results across trading markets. Crude oil climbed to a one week high in hopes the oil producing countries can reach an agreement to limit production. The government contracting community showed little movement with prices trading in a very tight band. Market Summary Index Value Net Chan...
TYSONS CORNER, VA, Sept. 6, 2016 ” Northrop Grumman (NYSE: NOC) will feature its AQS-24B mine-hunting sensor system during a demonstration at the Unmanned Warrior exercise in October, ExecutiveBiz reported Friday. The company said Thursday the technology works to detect, locate and classify undersea mines using its synthetic aper...
Executive Mosaic’s GovCon Index posted a gain of 0.508 percent or 0.412 points Friday to close at 81.565 and end a three-day losing streak as investors bet against the possibility of an interest rate hike in September. The Index also registered a weekly gain with S&P 500-listed Northrop Grumman (NYSE: NOC) as ...
Executive Mosaic’s GovCon Index ended its three-day losing streak Friday after August’s jobs report missed economists expectations to register a weekly gain and investors bet against the possibility of a September interest rate hike. GovCon Index gainers outnumbered laggers by a roughly 9-to-1 ratio and S&P 500-listed&...
