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Tag Archives: Harris

February 2 Market Close: GovCon Index Falls 2% on Harris Revenue Forecast Cut, Oil Declines Weigh on US Markets

GovConIndexDOWN

The GovCon Index slumped back into a correction — at least 10 percent down from its most recent high — Tuesday with a decline of 2.124 percent to 70.226 spurred by Harris Corp.‘s (NYSE: HRS) move to cut projected revenue for the company’s 2016 fiscal year. Shares of Harris plummeted 9.78 percent after the …

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Harris Lowers FY 2016 Revenue Outlook on Energy Price Declines, Lifts Earnings Guidance Despite 2Q Loss

HARRIS

Harris Corp. (NYSE: HRS) — one of 30 companies listed in Executive Mosaic’s GovCon Index — has cut revenue guidance for its 2016 fiscal year on global declines in oil prices that have affected the company’s outlook for the CapRock remote communication services business. The Melbourne, Fla.-based communications technology manufacturer — …

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The 2016 Wash100’s Mix of Companies, Agencies & Trade/Research Groups

2016Wash100

As covered here yesterday, GovCon Wire’s parent company Executive Mosaic announced its inductions for the 2016 edition of the Wash 100 — EM’s annual selection of the government contracting arena’s most influential voices. These 100 individuals were chosen by EM’s editorial and organizational leadership as the executives and other leaders …

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January 25 Market Close: GovCon Index Falls Back Into Correction Ahead of Earnings Week for ‘Big Five’ Contractors and Others

GovConIndexDOWN

The GovCon Index retreated with a loss of 1.295 percent to 70.580 Monday in a move that puts the Index back into a correction, or 10 percent off its most recent high, for the second time this month. Monday’s plunge starts a week in which investors who follow defense and government contracting sectors await a batch of …

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January 4 Market Close: GovCon Index Plunges as China Losses Trigger US Stock Selloff

GovConIndexDOWN

The GovCon Index started 2016 with a steep decline of 1.712 percent to 75.764 Monday as U.S. stocks mirrored large losses in global financial markets over growth concerns. Armored truck maker Navistar International (NYSE: NAV) held against market forces with a gain of 8.94 percent to lead all GovCon Index gainers, and four …

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December 28 Morning Report: GovCon Index Gain Streak Ends in Half-Day Christmas Eve Session

GovConIndexDOWN

The GovCon Index‘s three-day streak of consecutive gains ended Thursday with a decline of 0.171 points to 76.636 in a half-day Christmas Eve session for U.S. financial markets, which closed at 1 p.m. Eastern time. Declines in energy stocks drove U.S. stocks to slight losses and nine out of 10 S&P 500 …

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DISA Awards $4B Telecom Network IDIQ to Eight GovCon Firms

CBPTower

The Defense Information Systems Agency has awarded eight companies spots on a $4.3 billion contract to develop telecommunications network services for defense information system transmission requirements. The companies will perform work outside of the continental U.S. through Dec. 20, 2025, if DISA exercises all options under the indefinite-delivery/indefinite-quantity contract, the Defense …

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Roundup of 2015: A Year Defined by Deals Ends w/ One in Congress & more

acquisition

Roundup of 2015 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson (This is the last edition of the Roundup for 2015. Thank you for your readership and participation, have a great Christmas & New Year’s and see you again in 2016.) $15 …

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December 8 Market Close: GovCon Index, US Stock Losses Deepen on Commodity Pressure

GovConIndexDOWN

The GovCon Index fell for a consecutive day at a decline of 0.573 points to 77.530 as continued declines in commodity prices kept U.S. stocks in negative territory for a second straight session. Three out of 30 stocks closed positive with CACI International (NYSE: CACI) the top Index gainer out of three …

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