Home / Tag Archives: rtn

Tag Archives: rtn

February 27 Market Close: GovCon Index Hits Record Close on Trump Military Budget Proposal

Executive Mosaic’s GovCon Index closed at an all-time record high Monday with large aerospace-and-defense primes the main contributors to gains after President Donald Trump unveiled his proposal to raise military spending 9 percent for the next federal fiscal year. U.S. stocks also posted small gains as the benchmark S&P 500 composite …

Read More »

Raytheon to Build Qatar’s Early Warning Radar System Under $1.1B USAF Foreign Sales Deal

Raytheon (NYSE: RTN) has received a potential $1.07 billion contract to build an early warning radar system for integration into Qatar’s air and missile defense enterprise. The Air Force Life Cycle Management Center in Massachusetts awarded the sole-source contract to Raytheon as part of a foreign military sales deal between the U.S. …

Read More »

Ed Hammersla Succeeds Scott DePasquale as Utilidata CEO

Ed Hammersla, former chief strategy officer of Forcepoint and president of the cybersecurity venture’s federal division, has joined software developer Utilidata as CEO. He succeeds former CEO Scott DePasquale, who will begin a national security project in Washington, D.C. as he continues his role as chairman of Utilidata’s board of directors, the company said Tuesday. “Ed brings vast …

Read More »

February 21 Market Close: GovCon Index Hits 5th Straight Record Close, Wal-Mart Sales Beat Lifts US Stocks

Executive Mosaic’s GovCon Index climbed to a record close for a fifth straight session Monday with Boeing (NYSE: BA) the main contributor along with mid-tier aerospace gains as U.S. stocks also pushed to new all-time highs after Wal-Mart reported quarterly sales above Wall Street’s forecasts. GovCon Index advancers outnumbered decliners by a 9-to-1 …

Read More »

February 21 Morning Report: GovCon Index Posts 5th Straight Record Close

Executive Mosaic’s GovCon Index ended the week with a five-day advance of 2.72 percent and extended its current stretch of positive movement to three trading weeks. Huntington Ingalls Industries (NYSE: HII) was the top net performer among S&P 500 companies in the GCI while Boeing (NYSE: BA) was one of the best gainers listed in both indices. Stocks of Boeing, HII, …

Read More »

February 17 Market Close: GovCon Index Sets 5th Straight Record Close on Boeing & Huntington Ingalls Lifts

Executive Mosaic’s GovCon Index crawled to a fifth straight record close Friday to extend its current stretch of weekly gains to three and record a five-day advance of 2.72 percent . The U.S. stock benchmark S&P 500 also inched to a record close for a weekly gain of more than 1 percent despite investor …

Read More »

Tiffanny Gates to Become Novetta CEO in March

Tiffanny Gates, federal business president at Novetta since January 2016, will elevate to the CEO role at the McLean, Va.-based analytics technology company on March 2017. Novetta said Feb. 10 that Gates will succeed Peter LaMontagne, who will leave the company in a full-time capacity. Global investment firm Carlyle Group purchased Novetta in …

Read More »

Raytheon Gets Potential $128M IDIQ to Support Air Force Mobile Sensors

Raytheon (NYSE: RTN) has received a potential $128.5 million indefinite-delivery/indefinite-quantity contract to help the U.S. Air Force operate and maintain the service branch’s mobile sensors. The Defense Department said Tuesday Raytheon will provide non-personal services to sustain the availability of the Cobra King and Gray Star radar facilities where the Air Force gathers …

Read More »

February 14 Market Close: GovCon Index Lifted By McKesson Surge, US Stocks Set New Record Highs on Apple & Banks

Executive Mosaic’s GovCon Index hit a new all-time record close Tuesday on a strong performance from blue chip stock McKesson Corp. (NYSE: MCK) as U.S. equities also reached new highs for a third consecutive session Tuesday after Federal Reserve Chair Janet Yellen’s testimony to Senate lawmakers on Capitol Hill. GovCon Index advancers outnumbered decliners …

Read More »

February 13 Market Close: GovCon Index Rises on Blue Chip Gains With Trump Tax Cuts in Focus

Executive Mosaic’s GovCon Index rose Monday in tandem with major U.S. equity indices that set new record highs as investors continued to bet President Donald Trump’s plans for lower corporate taxes and regulations can boost economic growth. GovCon Index advancers outnumbered decliners by an 8-to-1 ratio as 10 of its 11 S&P …

Read More »