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Tag Archives: Harris

September 26 Market Close: GovCon Index, US Stocks Down Ahead of 1st Presidential Debate

GovConIndexDOWN

Executive Mosaic’s GovCon Index showed little change Monday to start September’s final trading week as U.S. stocks declined on investor anticipation over the first U.S. presidential debate to take place six weeks before the Nov. 8 election. GovCon Index decliners outnumbered gainers at a 2-to-1 ratio and two of its S&P 500 companies closed green with …

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September 23 Market Close: GovCon Index Rally Halted, Posts Weekly Gain as Energy Weighs on US Stocks

GovConIndexDOWN

Executive Mosaic’s GovCon Index dropped Friday but registered a weekly gain as U.S. stocks took a break from their two-day surge after the Federal Reserve left interest rates unchanged Wednesday. The post-Fed decision rally helped the GCI add 2.57 percent over five days with its S&P 500-listed companies and other large defense platform makers among the drivers of gains as …

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Lockheed Postpones Initial Delivery of Air Force GPS III Satellites to December

GPS satellite

TYSONS CORNER, VA, Sept. 16, 2016 — Lockheed Martin (NYSE: LMT) has found an issue with a component of the U.S. Air Force‘s GPS III satellites and has postponed the first satellite delivery by four months in an effort to address the matter, ExecutiveBiz reported Thursday. Space News reported Wednesday that the company has …

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Harris to Feature New Robot at Counter-IED, EOD Event in Thailand; Ed Zoiss Comments

Ed Zoiss

TYSONS CORNER, VA, Sept. 9, 2016 — Harris (NYSE: HRS) is set to feature its new robotic platform for explosive ordnance disposal and counter improvised explosive device operations during the Raven’s Challenge event in Thailand, ExecutiveBiz reported Thursday. The company said Wednesday its team of robotic specialists will demonstrate the T7 EOD robot as the event …

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September 6 Morning Report: GovCon Index Snaps Losing Streak to Register Weekly Gain

GovConIndexUP

Executive Mosaic’s GovCon Index posted a gain of 0.508 percent or 0.412 points Friday to close at 81.565 and end a three-day losing streak as investors bet against the possibility of an interest rate hike in September. The Index also registered a weekly gain with S&P 500-listed Northrop Grumman (NYSE: NOC) as the top advancer and …

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September 2 Market Close: GovCon Index Rides Post-Jobs Report Surge, Notches Weekly Gain

GovConIndexUP

Executive Mosaic’s GovCon Index ended its three-day losing streak Friday after August’s jobs report missed economists expectations to register a weekly gain and investors bet against the possibility of a September interest rate hike. GovCon Index gainers outnumbered laggers by a roughly 9-to-1 ratio and S&P 500-listed Northrop Grumman (NYSE: NOC) was the top …

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Weekly Roundup August 29 – September 2 2016: September Brings CR Talk Again, SAIC Earnings Due & more

CapitolDome

August 29 – September 2 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson This calendar year so far has brought an unprecedented year of change and tectonic shifts to the government contracting sector and even with that said, what other catalysts could come in the …

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August 31 Market Close: GovCon Index Falls to End Red August, Lockheed & McKesson Pare GCI Decline

GovConIndexDOWN

Executive Mosaic’s GovCon Index fell Wednesday to register a fifth decline over seven sessions in a stretch that puts the GCI in negative territory for August and ends its streak of monthly declines at six as U.S. market speculation over the next rate hike overshadows trading activity. Investors are looking at Friday’s labor report …

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August 30 Market Close: GovCon Index Drops, Lockheed & Primes Lead Losses on Low Volume Day

GovConIndexDOWN

Executive Mosaic’s GovCon Index held negative in a light trading session for U.S. stocks Tuesday as defense primes led GCI losses ahead of the July jobs report scheduled for release before markets open Friday. Tuesday’s decline represents the GovCon Index’s fifth decline over six days in a stretch driven by extended losses …

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August 29 Market Close: GovCon Index Ends 5-Day Losing Streak on Prime Gains, Financial Shares Lift Stocks on Fed Rate Chatter

GovConIndexUP

Executive Mosaic’s GovCon Index snapped a five-day losing streak Monday on advances by mid- and large-tier defense contractors as gains by financial shares led Wall Street to end its three-day stretch of declines. GovCon Index gainers outnumbered laggers by a roughly 3-to-1 ratio and nine of the GCI’s 11 S&P 500-listed companies closed …

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