The Executive Mosaic GovCon Index ended up 0.915 percent on the day and up 1.40 percent on the week to close at 93.666, as advancers outpaced decliners 5 to 1. ICF was at the top of the leader board with a 6.29 percent increase in share value driven by a robust first quarter earnings report. The major...
TYSONS CORNER, VA, May 5, 2017 ” Northrop Grumman (NYSE: NOC) will supply Battlefield Airborne Communications Node units to update the U.S. Air Force‘s EQ-4B Global Hawk remotely piloted aircraft under a $39.9 million contract, ExecutiveBiz reported Thursday. The Defense Department said Wednesday the company will insta...
Jennifer Boykin, vice president of engineering and design at Huntington Ingalls Industries‘ (NYSE: HII) Newport News Shipbuilding division, has been promoted to president of the division and executive vice president of the company, effective July 1. She will succeed Matt Mulherin, who will retire from the company by Aug. 1 ...
The Executive Mosaic GovCon Index closed up 0.319 percent to 92.667 as the large platform companies lead the way. Advancers outpacing decliners 2 to 1. On an active day of earnings reports the S&P500 and DJIA flirted with reaching 52 week highs as the NASDAQ set another record. At market close WTI broke through the $48 floor...
The State Department has approved New Zealand’s request to purchase four P-8A patrol aircraft and associated support under a potential $1.5 billion foreign military sales agreement with the U.S. government. New Zealand requested commercial engines, Tactical Open Mission Software, electro-optical and infrared MX-20HD, AN/AAQ-2(V)...
The State Department has given NATO the green light to buy equipment and logistics support for Boeing-built (NYSE: BA) C-17 aircraft and Large Aircraft Infrared Countermeasures system components under two foreign military sales agreements worth approximately $333.5 million combined. The NATO Support and Procurement Agency requested to purc...
Jennifer O’Connor, former general counsel at the Defense Department, has joined Northrop Grumman (NYSE: NOC) as vice president, associate general counsel and sector counsel for the company’s mission systems sector. Northrop said Friday she will succeed the retiring James Stephenson and report to Sheila Cheston, corporate v...
Weekly Roundup April 24 – April 28 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson For months, we™ve all been reading about the proposed wall along our nation™s southern borders, headlines describing the billions of dollars that will be needed to fund such an...
Northrop Grumman (NYSE: NOC) has secured a $99.5 million contract option from the U.S. Navy to support the integration of large aircraft infrared countermeasure systems. The Defense Department said Tuesday that Northrop will provide hardware such as weapon replaceable assemblies, support equipment, signal processors, 302 advanced...
TYSONS CORNER, VA, April 25, 2017 ” Northrop Grumman (NYSE: NOC) has opened a new autonomous systems research facility at the Grand Sky unmanned aircraft systems business and aviation park in North Dakota in a move to increase support for the Grand Forks Air Force Base, ExecutiveBiz reported Monday. The company said Friday the bu...
