Home / Ross Wilkers

Ross Wilkers

June 29 Market Close: GovCon Index Extends Post-Brexit Shock Reversal as Primes Lead Surge

GovConIndexUP

Executive Mosaic’s GovCon Index staged a second consecutive session of recovery Wednesday from the post-Brexit shock that loomed over global financial markets during the prior two trading days with McKesson Corp. (NYSE: MCK) as the top driver of gains with the prime defense stocks and platform also top performers. The GovCon …

Read More »

June 28 Market Close: GovCon Index Shows Rebound as Markets Attempt Reversal From Brexit Shock

GovConIndexUP

Executive Mosaic’s GovCon Index received a modest boost Tuesday from attempts by U.S. and global equity markets to shake off a two-day rout spurred by Britain’s vote to leave the European Union with help from strong activity in McKesson Corp. (NYSE: MCK) and Honeywell (NYSE: HON). The GovCon Index gained 0.725 points to 76.502 as the …

Read More »

June 27 Market Close: GovCon Index Plunge Deepens on Post-Brexit Fallout’s Second Day

GovConIndexDOWN

The GovCon Index lost two full percentage points for a second consecutive trading session Monday as global financial markets continued to indicate investor concerns over the prospects of Britain’s vote Thursday to leave the European Union. Executive Mosaic‘s GovCon Index closed down 2.004 percent to 75.777 with Vectrus (NYSE: VEC) and Northrop Grumman …

Read More »

June 24 Market Close: GovCon Index Plummets on Brexit Vote Fallout, Raytheon Lone Gainer

GovConIndexDOWN

The GovCon Index was no exception to the effects of Britain’s vote to leave the European Union on global financial markets Friday as the GCI recorded its worst one-day percentage drop of 2016 by 2.805 percent to 77.327. Friday’s plunge brought the GCI from a weekly gain to a five-day loss of 1.175 percent …

Read More »

June 23 Market Close: GCI Up, CACI Guidance Miss & Downgrade Weigh as Markets Bet Against Brexit

GovConIndexUP

The GovCon Index lifted Thursday on U.S. investor speculation that Britain would vote in its referendum to remain in the European Union but felt some downward pressure from a guidance miss by CACI International (NYSE: CACI) and a subsequent downgrade on the stock. Executive Mosaic‘s GovCon Index of 30 publicly traded contractors rose 0.365 points …

Read More »

Mike Lawrie to Step Down as CSRA Board Chairman in August Ahead of CSC-HPE Enterprise Segment Combination

Mike Lawrie

Computer Sciences Corp. (NYSE: CSC) CEO Mike Lawrie said Thursday he will step down from his roles as chairman and a member of the board of directors at the government technology services spinoff CSRA (NYSE: CSRA) August 9. Lawrie announced his departure from the CSRA board approximately one month after CSC announced its …

Read More »

CACI FY 2017 Guidance Below Street Outlook

CACI logo_Ebiz

CACI International (NYSE: CACI) issued earnings and revenue guidance below analyst expectations Wednesday for the government services contractor’s next fiscal year that starts July 1 on higher indirect costs and selling expenses in conjunction with a forecasted seasonal sales decline in the summer. An additional seven months of the National Security Solutions business acquired …

Read More »

June 22 Market Close: GCI, US Stocks End in Narrow Range on Last Pre-Brexit Vote Trading Day

GovConIndexUP

The GovCon Index hit choppy trade in the afternoon after a strong open Wednesday and recorded a nominal gain of 0.004 points to 79.194 to mark its second straight day with a close in narrow negative range in the final full trading session for U.S. investors before Thursday’s Brexit vote. British citizens will head to the polls for …

Read More »

June 21 Market Close: GovCon Index Narrowly Down, US-Focused Contractors Gain in Brexit-Dominated Trade

GovConIndexDOWN

The GovCon Index fell into narrow range in afternoon trade Tuesday and closed at a nominal loss of 0.099 points to 79.190 as global investors continued to gauge the possibility of Britain’s departure from the European Union in a Thursday referendum there with new polls indicating a close vote either way. Many lead …

Read More »

Lockheed Services Unit Lands Potential $733M Army Sensor & Data Support Task Order

big data

The services segment of Lockheed Martin (NYSE: LMT) slated to merge into Leidos Holdings (NYSE: LDOS) has been awarded a potential three-year, $733 million task order to help the U.S. Army manage, operate and maintain sensor equipment and platforms used to collect data. Lockheed said Tuesday the order includes one base year with two one-year …

Read More »