The Executive Mosaic GovCon Index followed advancing global markets to close at a 30 day high of 91.881, up 1.437 percent. Global markets surged with major U.S. indices up over 1.0 percent on French election results. There are strong indication that Emmanuel Macron (a centrist) will win the June runoff against Marine Le Pen, easing c...
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...
The Executive Mosaic GovCon Index turned in better than 1 percent gain on the day as advancing stocks closed 29 to 1 versus decliners. With the European markets closed the U.S. markets all closed strongly as investors geopolitical concerns dampened. At market close WTI was down $0.57 to $ 52.61 per barrel as the shale drilling increased...
Donald Foley, a 35-year government technology market veteran and an independent member on PAR Technology‘s (NYSE: PAR) board of directors, has been named president and CEO of the New York-based contractor. Foley said Thursday he aims to execute a strategy for PAR to grow its portfolio of cloud offerings and build on the company&...
TYSONS CORNER, VA, April 10, 2017 ” Science Applications International Corp. (NYSE: SAIC) is set to open a Technology Integration Gateway facility in Cookeville, Tennessee, this summer in order to provide information technology support to federal, local and state civilian and defense agencies as well as commercial firms, Executiv...
TYSONS CORNER, VA, April 7, 2017 ” Tony Moraco, CEO of Science Applications International Corp. (NYSE: SAIC), has said the company is poised to address the federal government’s needs in training and simulation, information assurance, enterprise IT and platform integration in the current budget environment, ExecutiveBiz reported ...
Executive Mosaic’s GovCon Index reaches new 30 day low to close at 89.908 down 0.852 percent. In spite of being up for most of the trading day the major indices all dropped for a loss in the last hour of trading. The S&P500, DJIA, and NASDAQ all reached a seven day low. The Fed’s announcement that...
The Executive Mosaic GovCon Index and major markets all closed slightly up as investors remain cautious about the state of the economy. Investors await the outcome of President Trumps meeting with Xi Jinping of China, the jobs report on Friday, and the release of the first quarter earnings results. GovCon Index advancers and decliners clos...
Frank Backes, former CEO of Braxton Technologies, has been named vice president of business development for satellite communications products and federal satellite solutions at Kratos Defense & Security Solutions (Nasdaq: KTOS). Kratos said Thursday Backes will focus on products and service offerings for the defense, intelligence ...
Even though advancers outpaced decliners 2 to 1 the Executive Mosaic’s GovCon Index closed down on the back of the 13.08 percent loss by SAIC (NYSE:SAIC). SAIC reported 4th quarter earning that fell short of analyst expectations. At market close WTI broke through the $50 mark closing at $50.40 up 0.89 per barrel on comments from...
