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Tag Archives: Huntington Ingalls

April 16 Market Close: GovCon Index Stuck in Neutral, US Stocks Dip

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The GovCon Index recorded a nominal gain for the second consecutive trading day to the tune of 0.064 points for a closing figure of 76.092. U.S. stocks saw nominal losses despite gains in the oil market during the afternoon session and positive earnings reports from financial services firms Citigroup and Goldman Sachs, the ...

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April 10 Market Close: GovCon Index Moves Up, GE Restructure News Drives US Gains

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The GovCon Index ended the week with a gain of 0.173 points to close at 69.436. U.S. markets traded in positive territory after General Electric (NYSE: GE) said it would exit most of its lending business and announced it would repurchase up to $50 bilion of its stock, Bloomberg reported. The Dow Jones Industrial Average gained ...

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Navy Awards Huntington Ingalls $604M for Arleigh Burke Destroyer; George Nungesser Comments

Huntington Ingalls HII

Huntington Ingalls Industries (NYSE: HII) has been awarded a $604.3 million contract modification to produce an additional Aegis-guided missile destroyer for the U.S. Navy. The Arleigh Burke-class missile destroyer DDG 121 is the third of five DDG 51 destroyers the company has been tasked to build under a contract awarded in June 2013, ...

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Mike Petters: HII Shipyards to Open On-Site Family Healthcare Centers

Mike Petters

TYSONS CORNER, VA March 30, 2015 — Executive Mosaic — ExecutiveBiz reported Friday on Huntington Ingalls Industries’ (NYSE: HII) plan to set up family health centers at its two shipyards this year. Mike Petters, HII president and CEO, said the company has recruited a third-party provider to manage the clinics, which ...

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March 17 Market Close: GovCon Index Dips Ahead of Fed Interest Rate Announcement

GovConIndexDOWN

The GovCon Index closed down Tuesday with a loss of 0.217 points to 68.844 on the day before the Federal Reserve‘s scheduled decision on when an interest rate hike could occur. U.S. stocks recorded small losses Tuesday as investors considered data that showed a decline in home construction during February and an increase ...

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March 11 Market Close: GovCon Index Stays in Neutral, Interest Rate Speculation Continues

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The GovCon Index inched upward Wednesday with a gain of 0.031 points to 67.702. U.S. markets barely budged Wednesday as investors continued to speculate over when the Federal Reserve would raise interest rates and also watched the dollar further strengthen, according to CNBC. The Dow Jones Industrial Average lost 27.55 points ...

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March 9 Market Close: GovCon Index, US Markets Rebound From Friday Declines

GovConIndexUP

The GovCon Index recovered much of its losses from Friday with a Monday gain of 0.532 points — or 0.766 percent — to close at 68.929. Maximus‘ (NYSE: MMS) share price jumped nearly 3 percent after the company said it would purchase technology services contractor Acentia for $300 million cash. U.S. investors reconsidered ...

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March 4 Market Close: GovCon Index Dips as US Stocks Retreat

GovConIndexDOWN

The GovCon Index closed down for the second consecutive day with a loss of 0.46 points to 69.272. All sectors of the S&P 500 ended the day in negative territory on a day that saw U.S. markets end the day with broad-based losses, the Wall Street Journal reported. Investors also considered economic ...

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February 26 Market Close: GovCon Index Falls, Energy Declines Sink US Stocks

GovConIndexDOWN

The GovCon Index retreated for a second consecutive day Thursday with a loss of 0.32 points to 70.292. A 2.2-percent decline in energy stocks drove U.S. markets to losses Thursday despite gains in technology shares listed in the S&P 500 composite index, which saw seven out of 10 groups fall, according to ...

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