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Tag Archives: ManTech

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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September 19 Morning Report: GovCon Index Posts Friday, Weekly Drop Ahead of Fed Reserve Meeting

GovConIndexDOWN

Executive Mosaic’s GovCon Index closed in the negative Friday with a 0.953-percent or 0.760-point drop to 78.957. The Index also recorded a weekly decline ahead of the Federal Reserve‘s two-day meeting on Sept. 20 and 21. All of GCI’s S&P 500 stocks posted losses in Friday’s session while four registered gains for the week, with Honeywell …

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September 16 Market Close: GovCon Index Down, Ends Week at Loss Ahead of Fed Rate Summit

GovConIndexDOWN

Executive Mosaic’s GovCon Index held negative Friday to end at a weekly decline as U.S. stock markets extended the current stretch of sharp swings between gains and losses as the Federal Reserve‘s next two-day meeting looms for Tuesday and Wednesday. Decliners outnumbered advancers 9-to-1 and all of the GovCon Index’s S&P …

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ManTech Secures Contract to Support Navy’s Aircraft Platforms

MantechLogo

TYSONS CORNER, VA, Aug. 31, 2016 — ManTech International (Nasdaq: MANT) will provide engineering and technical  support for the U.S. Navy‘s aircraft platforms under an $8 million contract, ExecutiveBiz reported Tuesday. The Defense Department said Monday the contract covers reliability, maintainability, testability, quality assurance, diagnostic and system safety assessment of naval aircraft …

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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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August 29 Morning Report: GovCon Index Posts Friday, Weekly Loss on Federal Reserve’s Rate Hike Outlook

GovConIndexDOWN

Executive Mosaic’s GovCon Index closed Friday with a 0.359-point drop to 81.205 and recorded a second straight weekly loss following Federal Reserve Chair Janet Yellen’s comments on a potential interest rate hike. Yellen has told central bankers in Wyoming the current low unemployment rate and increased price stability has strengthened the case for another interest rate hike potentially next …

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August 26 Market Close: GovCon Index Down, US Stocks Mixed After Fed Chair’s Hawkish Rate Hike Outlook

GovConIndexDOWN

Executive Mosaic’s GovCon Index stumbled to negative in late morning trade Friday for a second straight weekly loss as U.S. stocks tried for gains shortly before the close after Federal Reserve Chair Janet Yellen told central bankers in Wyoming she believes the case has strengthened for another interest rate hike. Friday’s close …

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ManTech to Provide Data Integration Tech for DHS Border Security Ops; Daniel Keefe Comments

Daniel Keefe

TYSONS CORNER, VA, Aug. 26, 2016 — ManTech International (Nasdaq: MANT) will provide a prototype of a service-oriented architecture that the Department of Homeland Security can use to support border security operations under a $24 million task order award, ExecutiveBiz reported Wednesday. The company said Tuesday the prototype will work to integrate operational …

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August 25 Market Close: GovCon Index Down on McKesson Plunge Despite L-3 Upgrade & Bullish JPMorgan Defense Stock Forecast

GovConIndexDOWN

Executive Mosaic’s GovCon Index stumbled to negative late afternoon Thursday on a plunge in McKesson Corp. (NYSE: MCK) with other health stock declines despite an upgrade to L-3 Communications (NYSE: LLL) by JPMorgan and gains by other defense primes and government services providers. GovCon Index gainers outnumbered laggers by roughly 2-to-1 ratio and eight …

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