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Tag Archives: Harris Corp

August 22 Morning Report: GovCon Index Drops Friday, Closes Week With Narrow Gain

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Executive Mosaic’s GovCon Index recorded a decline of  0.090 points to 82.025 Friday and closed the week with a gain as four of GCI’s 11 S&P 500-listed stocks ended in green during the period’s last trading session. CACI International (NYSE: CACI) led the net gainers along with other midtier primes, while …

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August 15 Market Close: GovCon Index Hits Record Close Again as Defense Primes Rise

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Executive Mosaic’s GovCon Index closed at another all-time high Monday with 28 out of 30 companies including all 11 S&P 500-listed stocks in green and middle- to large-tier defense contractors as the session’s top advancers. L-3 Communications (NYSE: LLL) led all net gainers after the military technology maker was selected by Drexel Hamilton …

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Former Army Centcom Chief James Terry Joins Cubic in Defense BD SVP Post, Eric Carr Gets Promotion

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Cubic Corp. (NYSE: CUB) has appointed former U.S. Army Central Command leader James Terry to a senior vice president role in the contractor’s global defense business segment and also promoted Eric Carr, formerly vice president and deputy general manager for integrated training services, to the SVP ranks also. Cubic said Monday that Terry, a retired Army lieutenant general, will …

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August 9 Market Close: GovCon Index Rebounds, AECOM Down on 3Q Revenue Miss

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Executive Mosaic’s GovCon Index rebounded Tuesday with gainers outnumbering laggers by a roughly 4-to-1 ratio against a largely choppy day for U.S. stocks as the general financial markets continue to struggle for direction. Ten of the GCI’s 11 S&P 500-listed stocks closed in green with McKesson Corp. (NYSE: MCK) the best net …

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August 2 Market Close: GovCon Index Down on Boeing & Services Stock Losses, Harris Jumps 2% on Jana Partners Board Pact

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Executive Mosaic’s GovCon Index traded downward Tuesday on sharp declines in Boeing (NYSE: BA) and major services-oriented contractors while Harris Corp. (NYSE: HRS) soared 2.71 percent on news of its board of directors membership agreement with activist hedge fund Jana Partners. The GovCon Index declined 0.316 points to 82.184 and five of the GCI’s 11 S&P 500-listed stocks …

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August 1 Market Close: GovCon Index Lifted on Engility, General Dynamics & Cubic Gains

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Executive Mosaic’s GovCon Index traded higher Monday in mixed activity for U.S. stocks as Engility Holdings (NYSE: EGL) surged on a second quarter earnings beat with General Dynamics (NYSE: GD) and Cubic Corp. (NYSE: CUB) also as top performers. The GovCon Index added 0.252 points to 82.500 with four of the GCI’s 11 …

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

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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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July 11 Morning Report: GovCon Index Posts Gain as June Jobs Report Exceeds Expectations

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Executive Mosaic’s GovCon Index closed Friday with a 1.579-percent gain to 80.813 and ended the week up 1.342 percent. Lockheed Martin (NYSE: LMT), Raytheon (NYSE: RTN), Huntington Ingalls Industries (NYSE: HII), Honeywell International (NYSE: HON) and Vectrus (NYSE: VEC) reached 52-week highs in Friday intraday trade. Friday’s performance comes as the Labor Department reports that non-farm …

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July 8 Market Close: GovCon Index Breaks 80 on June Labor Data Beat, 5 Stocks Hit 52-Week Highs

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Executive Mosaic’s GovCon Index broke the 80-point barrier Friday for the first time in a month as the S&P 500 composite index briefly traded above a new record close in afternoon activity after the June jobs report soared past economists’ expectations. The GovCon Index closed up 1.579 percent to 80.813 and …

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Harris Supports Deep Space Network for NASA’s Juno Mission

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TYSONS CORNER, VA, July 7, 2016 — Harris Corp. (NYSE: HRS) has supported NASA‘s Juno mission to Jupiter by providing operations, maintenance and engineering support to the Jet Propulsion Laboratory’s Deep Space Network, ExecutiveBiz reported Wednesday. The company said Tuesday it managed the operations centers, maintenance facilities and antenna infrastructure of DSN, which works to …

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