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Tag Archives: CACI

Weekly Roundup July 25 – July 29 2016: Defense Tech Makers Show Life in 2Q Earnings & more

PatriotMissile

July 25 – July 29 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson A new earnings season continued to dominate investors’ attention spans this week and those with keen interests in the aerospace, defense and government contracting sectors were no exception. Eleven contractors …

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Former L-3 NSS Exec Lexi Alexander Joins ASRC Federal as BD Lead; Mark Gray Comments

Lexi Alexander

Lexi Alexander, a former senior vice president at L-3 Communications (NYSE: LLL), has joined Beltsville, Maryland-based government engineering and technical services contractor ASRC Federal as SVP of business development and corporate strategy. ASRC Federal said Thursday the two-decade contracting sector veteran will focus on organic growth in her new role and be …

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Northrop CEO Eyes Tech Services Segment Reposition Versus Sale or Spinoff

NorthropLogo

Northrop Grumman‘s (NYSE: NOC) chief executive signaled to investors Wednesday that he would rather reposition its technology services segment to different focus areas rather than pursue a sale or spinoff of the division. Falls Church, Virginia-based Northrop created the technology services segment at the start of this year from a realignment initiative …

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July 26 Market Close: GovCon Index Holds Higher Against Flat US Market Ahead of Prime Defense Earnings

GovConIndexUP

Executive Mosaic’s GovCon Index traded higher Tuesday against choppy trade in the larger U.S. stock market as defense-oriented investors prepare to examine a large batch of earnings reports from major sector players due Wednesday. The GovCon Index notched a gain of 0.473 points to 82.151 and eight of the GCI’s 11 S&P 500-listed companies closed …

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July 25 Market Close: GovCon Index Down on Prime Declines & Oil Fall, Engility Surges on Debt Refinance Plan

GovConIndexDOWN

Executive Mosaic’s GovCon Index held in slight negative range Monday as gains by services contractors Engility Holdings (NYSE: EGL) and CACI International (NYSE: CACI) failed to offset declines by defense primes and platform makers. The GovCon Index declined 0.110 points to 81.678 and only two of the GCI’s 11 S&P 500-listed stocks closed in green …

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July 25 Morning Report: GovCon Index Posts Friday Gain, Nominal 5-Day Decline Ahead of Q2 Reports

GovConIndexUP

Executive Mosaic’s GovCon Index closed Friday with a gain of 0.289 points to 81.788 but remained in the negative with a nominal five-day 0.031-point drop. The decline comes amid the large selloff of stocks in the defense and GovCon sectors Thursday as reports on second-quarter earnings among government contracting companies start coming in. GCI second-quarter reports Friday came …

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July 22 Market Close: GovCon Index Shakes Off Weak Open, Honeywell Plummets on Sales Outlook Cut

GovConIndexUP

Executive Mosaic’s GovCon Index reversed an initial weak open to register a gain Friday that was not enough to push the GCI to positive for the week as second quarter earnings reports started for government contracting companies. The GovCon Index added 0.289 points to 81.788 Friday but ended at a nominal five-day decline of 0.031 points with …

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CACI Exec Chair Jack London Receives Lifetime Distinguished Service Award; Ken Asbury Comments

Ken Asbury

TYSONS CORNER, VA, July 22, 2016 — Jack London, CACI International (NYSE: CACI) executive chairman and chairman of the board, has been awarded the Northern Virginia Chamber of Commerce’s Lifetime Distinguished Service Award in recognition of his support for providing veterans business opportunities, GovCon Executive reported Wednesday. London, a former aviator with the U.S. Navy, has written …

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July 20 Market Close: GovCon Index Up on Mid-Tier & Services Stock Gains, Lockheed Down

GovConIndexUP

Executive Mosaic’s GovCon Index closed at an all-time high for the sixth time in eight sessions Wednesday on a mix of strong performances from middle-tier platform and product makers plus predominantly services-oriented contractors. The GovCon Index gained 0.328 points to 82.193 with nine of the GCI’s 11 S&P 500-listed companies in positive at the close and …

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CACI to Support Navy Supply Chain, Logistics IT System Modernization; Ken Asbury Comments

Ken Asbury

TYSONS CORNER, VA, July 20, 2016 — The U.S. Navy has awarded CACI International (NYSE: CACI) a three-year, $60.7 million task order to update the Navy’s information technology systems for afloat and ashore supply chain and logistics management, ExecutiveBiz reported Thursday. CACI said Thursday it will deliver life-cycle development and engineering support for the Naval …

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