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May 24 Market Close: GovCon Index Sets Another High and Markets Gain Back Looses

The Executive Mosaic GovCon Index closed up for the fifth consecutive day with the advancers significantly outpacing the decliners 28 to 2. The GovCon Index reached another 30 day high of 94.842, up 0.701 percent. All the U.S. indices were up on the day. The S&P500 reached a new record high of …

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Boeing Gets $1.1B MDA Contract Modification for Kill Vehicle Development

Boeing (NYSE: BA) has received a potential five-year, $1.1 billion contract modification from the Missile Defense Agency to continue to provide development support for the Redesigned Kill Vehicle program. The modification increases the total value of a previously awarded contract from $4.7 billion to $5.8 billion, the Defense Department said …

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May 22 Market Close: GovCon Index and Market Indices Post Another Positive Day

For the most part all the stock on The Executive Mosaic GovCon Index ended positive for the day as President Trumps Middle East visit shows promise of increased business. Booz Allen Hamilton lead the gains after posting strong Q4 and Full Year financial results. President Trumps visit to the Middle East further …

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Rebecca Cowen-Hirsch: Inmarsat F4 Launch to Build on Satcom Service Resiliency, Reliability

TYSONS CORNER, VA, May 22, 2017 — Rebecca Cowen-Hirsch, senior vice president for government strategy and policy at Inmarsat, has called the launch of the Boeing-built (NYSE: BA) Inmarsat-5 F4 satellite last week works to support the company’s resilience efforts, ExecutiveBiz reported Friday. She wrote in a blog post published Thursday that …

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Boeing-Built SES Satellite to Help Augment GPS Services, Support In-Flight Connectivity

TYSONS CORNER, VA, May 22, 2017 — A Boeing-built (NYSE: BA) SES satellite has launched to space carrying a Wide Area Augmentation System-hosted payload that will work to build on the global positioning system in support of the Federal Aviation Administration, ExecutiveBiz reported Friday. SES said Thursday the SES-15 hybrid satellite is …

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US, Saudi Arabia Ink Potential $110B Weapons Sales Package

President Donald Trump and Saudi King Salman bin Abd al-Aziz Al Saud have signed a potential $110 billion package of weapons sales agreements in an effort to advance global security and economic development initiatives between the U.S. and Saudi Arabia. The White House said Saturday Trump also inked a Joint …

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ULA Lands $208M USAF Modification for Atlas V Launch Vehicle Production Services

United Launch Alliance has received a potential $208.1 million contract modification from the U.S. Air Force to continue to provide launch vehicle production support for a new Atlas V rocket configuration. The Boeing (NYSE: BA) and Lockheed Martin (NYSE: LMT) joint venture will provide an Atlas V 551 rocket configuration, solid rocket booster …

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May 22 Morning Report: Friday Close – GovCon Index and Markets Reverse Mid Week Slump

After posting strong quarterly earnings McKesson Corporation lead theGovCon Index. McKesson closed up $11.57 per share (8.18 percent) to $153.01. The Executive Mosaic GovCon Index ended Friday up 1.29 percent to 92.864. The major markets showed significant gains reversing the mid week slump with the DJIA recapturing 53 percent of Wednesdays losses. At market …

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May 19 Market Close: GovCon Index and Market Indices Close Week on a Strong Note

The Executive Mosaic GovCon Index ended the week on a positive note up 1.29 percent on the day and up 0.15 percent on the week. McKesson lead the GovCon Index posting a $11.57 per share value increase (8.18 percent) on yesterday’s strong quarterly earning report. The major markets showed significant gains reversing …

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May 15 Market Close: GovCon Index and Markets up with S&P 500 and NASDAQ Hitting Records

The Executive Mosaic GovCon Index posted gains to close at 93.283 up 0.605 percent, with advancers shares outpacing and decliners shares 4 to 1. The S&P 500 index and NASDAQ index hit record highs as oil shows a strong rebound and energy and financial sectors lead gains. WTI rose again for the …

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