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Tag Archives: Harris Corporation

June 12 Morning Report: Friday Close – GovCon Index and Major Indices Close Mixed on the Week

The Executive Mosaic GovCon Index closed up 0.425 percent for the third consecutive day, however was down on the week by 0.184 percent. The major indices closed mixed with the S&P500 down 3.57 points for the week, the DJIA up 95.48 points on the week, and the NASDAQ with a weekly drop …

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June 9 Market Close: GovCon Index Up as Major Indices Close Mixed. Tech Stocks Tumble

The Executive Mosaic GovCon Index closed up for the third consecutive day to 95.504, up 0.425 percent. The major indices closed mixed on the day with the S&P500 down 0.08 percent, the DJIA up 0.42 percent, and the NASDAQ down 1.80 percent. The technology stocks on the NASDAQ took a tumble today …

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Stu Shea Named CEO of MHVC, Recent Acquisition of Veritas Capital

Stu Shea has been named Chief Executive Officer of MHVC Acquisition Corp., (MHVC) formerly Harris Corporation’s Government Services business, a recent acquisition of Veritas Capital. MHVC is operating as a standalone company and will launch the new brand soon, Veritas Capital announced in a press release. Previously, Shea was President and Chief …

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May 1 Market Close: GovCon Index Up as Markets Close Mixed

The Executive Mosaic GovCon Index closed down 0.274 points, 0,296 percent to 92.372 with advancers and decliners evenly split. The major market were mixed on the day with the DJIA down and the S&P500 and the NASDAQ up. The NASDAQ reached another record high at 6,091.60. At market close WTI fell to …

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Veritas Capital Finalizes the Purchase of Harris Corporation’s Government IT Services Business

Veritas Capital completed the $690 million cash acquisition of Harris Corporation’s (NYSE:HRS) Government IT Services Business. The Harris acquisition will round out Veritas’ portfolio of twelve companies and enhance their position within the Aerospace & Defense industry. Veritas Capital purchased government services contractor Alion Science and Technology in 2015 for what …

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April 12 Market Close:GovCon Index and Major Markets all Down for the Day

The Executive Mosaic GovCon Index followed major markets closing down 1.027 percent to 90.370; reversing its five days of gains. The GovCon Index advancing companies outpaced decliners 5 to 1. The major markets all moved negative as President Trump stated to the WSJ that the dollar is “getting too strong.” The US …

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January 6 Market Close: The GovCon Index Closes Up Following Markets On Strong U.S. Jobs Report

Executive Mosaic’s GovCon Index closed the week slightly higher Friday as the Dow neared the 20.000 mark. The major markets enjoyed a shot in the arm from The Labor Department’s report that 156, 000 new jobs were added in December. Advancers equaled decliners on the day with the GovCon Index closing …

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Harris Enters Distribution Agreement With Tait Communications

TYSONS CORNER, VA, Aug. 19, 2016 — The public safety and professional communications business of Harris Corp. (NYSE: HRS) has signed an agreement to exclusively distribute  Tait Communications‘ products in the North American market, ExecutiveBiz reported Thursday. The partnership will also work to market the companies’ technology platforms such as digital mobile radios, P25,  machine-to-machine, …

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May 26 Market Close: GovCon Index Down Slightly With Mixed Market Results

The GovCon Index closed down slightly 0.078 points to 78.195 with armored truck manufacturer Navistar International (NYSE: NAV) and CSRA (NYSE: CSRA) posting the largest percentage loses. CSRA conducted their fourth-quarter and full-year earnings call yesterday after the market close and posted mixed results,  as reported in GovCon Wire. U.S. stocks …

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July 15 Market Close: GovCon Index Ends 4-Day Gain Streak

The GovCon Index closed slightly down today with a loss of 0.035 points to end the Wednesday trading day at 76.835. The GovCon Index spent most the trading day in the positive, however it dipped late in the day following the major U.S. markets on concerns of the Federal Reserve …

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