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Tag Archives: Harris

August 19 Market Close: GovCon Index Narrowly Down, Ends Week at Slight Gain

GovConIndexDOWN

Executive Mosaic’s GovCon Index pared back some losses in late afternoon trade Friday to register a narrow weekly gain as Lockheed Martin (NYSE: LMT) extended its stretch of declines to a fourth straight day and CACI International (NYSE: CACI) again led gainers along with other mid-tier primes. Four of the GovCon Index’s 11 S&P …

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Harris Enters Distribution Agreement With Tait Communications

HARRIS

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, push-to-talk …

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August 5 Market Close: GovCon Index, S&P 500 Hit Record Closes on July Jobs Numbers

GovConIndexUP

Executive Mosaic’s GovCon Index hit a new all-time high and had its best day in nearly two months Friday and the U.S. stock bellwether S&P 500 composite index also closed at a record after the latest jobs report far exceeded economists’ expectations for the second straight month. The GovCon Index rose 0.535 points to 82.835 …

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Weekly Roundup August 1 – August 5 2016: Leidos Further Details Post-Merger Picture & more

acquisition, merger

August 1 – August 5 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Government contracting’s M&A and financial aspects took center stage again this week and GovCon Wire hit on all the major events as Executive Mosaic’s home of market-moving news for the sector. …

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Harris to Support First Phase of DARPA R&D Program

HARRIS

TYSONS CORNER, VA, Aug. 4, 2016 — Harris (NYSE: HRS) will support the first phase of a Defense Advanced Research Projects Agency research and development program under a $27 million cost-plus-fixed-fee contract, ExecutiveBiz reported Wednesday. DARPA obligated $22.3 million from its fiscal 2015 and 2016 R&D funds at the time of the …

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Harris FY 2017 Guidance Below Street Estimate, 4Q Swings to Profit as Radio Maker Inks Board Appointment Pact With Jana Partners

HARRIS

Harris Corp.’s (NYSE: HRS) guidance for its 2017 fiscal year started July 4 came in below Wall Street’s consensus forecast before markets opened Tuesday as the communications technology contractor anticipates pressure in its tactical and maritime energy businesses to continue. Melbourne, Florida-based military radio maker Harris cited global oil price declines …

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Weekly Roundup July 11 – July 15 2016: Boeing Throws Hat Into Defense Services M&A Mix & more

Logistics

July 11 – July 15 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson    One of the world’s two largest airplane manufacturers is mulling acquisitions in the defense services arena that would continue a trend among prime contractors toward capability-based deals. Leanne Caret, …

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Harris Picks Securus to Market Device Blocker Tech to US Prisons; Ed Zoiss Comments

Ed Zoiss

TYSONS CORNER, VA, July 1, 2016 — Harris Corp. (NYSE: HRS) has tapped Securus Technologies to market the former’s Cell Defender technology to state, county and local correctional facilities under an exclusive distribution agreement, ExecutiveBiz reported Thursday. Securus said Wednesday it will also install, operate and maintain Cell Defender, which works to block contraband devices …

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June 28 Market Close: GovCon Index Shows Rebound as Markets Attempt Reversal From Brexit Shock

GovConIndexUP

Executive Mosaic’s GovCon Index received a modest boost Tuesday from attempts by U.S. and global equity markets to shake off a two-day rout spurred by Britain’s vote to leave the European Union with help from strong activity in McKesson Corp. (NYSE: MCK) and Honeywell (NYSE: HON). The GovCon Index gained 0.725 points to 76.502 as the …

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Weekly Roundup June 13 – June 17 2016: ManTech’s Cyber Buy, CACI’s Satcom Win & more

money-graph

June 13 – June 17 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson   We shift our focus this week back to GovCon’s merger-and-acquisition environment with one new deal to digest and a second that has brought the purchaser a new landmark contract …

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