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August 22nd Market Close: GovConIndex and Major Indices Close Up

The Executive Mosaic GovCon Index (GCI) continued on its upward direction to close at 100.305 up 1.202 percent. Advancing shares outpaced decliners 6 to 1. Navistar International, ManTech International, AECOM, and SAIC all closed up more than 2.0 percent on the day. The major indices all closed up on the speculation that the Trump administration may be gaining some traction on …

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Boeing, Northrop Win $678M in USAF Contracts for Ground-Based ICBM Tech Maturation Work

The U.S. Air Force has awarded a $349.1 million contract to Boeing (NYSE: BA) and a $328.6 million contract to Northrop Grumman (NYSE: NOC) to perform technology maturation and risk reduction work for the Ground-Based Strategic Deterrent intercontinentinal ballistic missile program. The Air Force Nuclear Weapons Center in Utah received three bids for …

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Navy Eyes Boeing, General Atomics, Lockheed, Northrop for Carrier-Based Drone Tanker Effort

TYSONS CORNER, VA, Aug. 21, 2017 — Boeing (NYSE: BA), General Atomics, Lockheed Martin (NYSE: LMT) and Northrop Grumman (NYSE: NOC) are expected to submit proposals to the U.S. Navy for the development of an unmanned aerial refueling tanker that operates with an aircraft carrier, ExecutiveBiz reported Friday. USNI News reported …

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August 21th Morning Report: Friday Close – Markets End The Week in The Negative

The Executive Mosaic GovCon Index (GCI) closed down on Friday and ended the week off 2.45 percent from Monday’s open. The major indices closed Friday in the negative. The S&P500 ended at 2,425.55 off 1.46 percent for the week, while DJIA dropped 1.43 percent for the week to 21,674.51, and the NASDAQ …

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August 18th Market Close: GovCon Index and Major Indices All Close Down

The Executive Mosaic GovCon Index (GCI) closed down today, dropping by 0.508 percent to settle at 98.841. Declining shares outpaced advancers 5 to 1. The major indices closed down today with the S&P500 declining by 0.18 percent to 2,425.55, while DJIA dropped by 0.35 percent to 21,674.51, and the NASDAQ Composite fell by 0.09 percent …

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Executive Mosaic’s Weekly GovCon Round-up: The Biggest Contracts of the Week

Weekly Roundup August 14 – August 18 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson This week the GovCon industry witnessed a number of significant contract awards, many of which focused on R&D, space, IT services and missile defense. Let’s take a quick …

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Report: India OKs $655M Boeing Apache Helicopter Buy

India has approved a deal to buy six additional Boeing-built (NYSE: BA) Apache helicopters for approximately $654.6 million, Reuters reported Thursday. India’s defense acquisition council on Thursday cleared the deal that also covers related equipment, spares, weapons, ammunition and training support. The decision came nearly two years after the country’s cabinet gave …

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Air Force Raises Boeing C-17 Sustainment IDIQ Ceiling by $7B

Boeing (NYSE: BA) has secured $7.13 billion in additional funds to continue to help sustain the U.S. Air Force‘s fleet of C-17 Globemaster III military transport aircraft under a contract modification. The Defense Department said Monday the modification raises the ceiling value of a previously awarded indefinite-delivery/indefinite-quantity contract following an increase in …

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August 15th Market Close: GovConIndex Closes Down While Major Indices Close Mixed

The Executive Mosaic GovCon Index (GCI) closed down today, dropping by 0.778 percent to settle at 100.788. Declining shares outpaced advancers 24 to 6. The major indices closed mixed today with the S&P500 declining 0.05 percent to 2,464.61, while DJIA moved up by 0.02 percent to 21,999.02, and the NASDAQ Composite decreased by 0.11 percent to …

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August 14th Market Close: GovConIndex and Major Indices Close Up

The Executive Mosaic GovCon Index (GCI) continued its upward trend from the 11th to close up 1.229 percent to 101.260. Advancing shares outpaced decliners 24 to 6. The major indices closed up today with the S&P500 advancing 1.00 percent to 2,465.84, while DJIA moved up by 0.62 percent to 21,993.71, and the NASDAQ Composite increased by 1.34 percent to 6,340.23. Crude oil …

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