Executive Mosaic’s GovCon Index traded lower Wednesday on declines by services-oriented contractors as U.S. stocks traded in narrow range with financial shares the main laggards and crude oil prices again a focal point of investor attention. GovCon Index gainers outnumbered decliners by a 4-to-1 ratio as three of its 11 S&P 500 c...
TYSONS CORNER, VA, Feb. 8, 2017 ” CSRA (NYSE: CSRA) has signed a three-year enterprise agreement with Microsoft (Nasdaq: MSFT) that will allow the former to migrate its workload to the latter’s Azure Government cloud platform, ExecutiveBiz reported Tuesday. The Falls Church, Virginia-based information technology contractor ...
TYSONS CORNER, VA, Feb. 8, 2017 ” Japan’s meteorological agency has released the first photo captured by the Harris-built (NYSE: HRS) imager onboard the country’s Himawari-9 weather satellite, ExecutiveBiz reported Tuesday. The Advanced Himawari Imager is equipped with 11 additional spectral bands and a higher resolut...
TYSONS CORNER, VA, Feb. 8, 2017 ” IBM (NYSE: IBM) has partnered with several Dubai-based government and commercial organizations to explore the use of blockchain technology for trade finance and logistics, ExecutiveBiz reported Tuesday. The company said Monday the blockchain platform will utilize Hyperledger Fabric and IBM Cloud&...
TYSONS CORNER, VA, Feb. 8, 2017 ” The U.S. Air Force has awarded Boeing (NYSE: BA) an $18.3 million contract modification to provide AN/APG-63(V) radars for the F-15SA aircraft of Saudi Arabia’s air force, ExecutiveBiz reported Tuesday. The Defense Department said Monday the company will perform work under the foreign milit...
TYSONS CORNER, VA, Feb. 8, 2017 ” The U.S. Navy has accepted the first guided-missile destroyer constructed by General Dynamics‘ (NYSE: GD) Bath Iron Works subsidiary under the military branch’s restart of the Arleigh Burke-class ship development program, ExecutiveBiz reported Tuesday. The Navy said Monday&n...
Engility (NYSE: EGL) has secured a potential five-year,$35.1 million cost-plus-fixed-fee contract to provide advisory and support services to the Defense Threat Reduction Agency‘s J10 nuclear enterprise support directorate. The company will perform work at Fort Belvoir in Virginia and at various locations within and outside the conti...
CACI International (NYSE: CACI) has received a $50.5 million contract modification from the U.S. Army to continue support for the Integrated Personnel and Pay System-Army program. The Defense Department said Tuesday the modification exercises option period one and work will occur in Arlington, Virginia through March 31, 201...
The U.S. Navy has awarded Textron‘s (NYSE: TXT) Bell Helicopter subsidiary a $49.1 million contract to obtain long-lead materials and components needed to manufacture 27 lot 15 AH-1Z aircraft for the U.S. Marine Corps. Bell Helicopter will perform contract work in Fort Worth and Amarillo, Texas, through March 2018...
Executive Mosaic’s GovCon Index closed higher Tuesday with a strong performance by Boeing (NYSE: BA) the main contributor, while U.S. stocks ended slightly green despite an afternoon descent as investors eyed oil price declines. GovCon Index gainers outnumbered decliners by a 2-to-1 ratio as nine of its 11 S&P 500 components advanced ...
