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Tag Archives: Serco

April 27 Morning Report: GovCon Index Down on Friday’s Close

GovConIndexDOWN

The GovCon Index closed down 0.238 points at 75.901 on Friday. The Dow Jones Industrial Average rose 21.45 points to 18,080.14, the Standard & Poor’s 500 composite index climbed 4.77 points to 2,117.70 and the NASDAQ composite index gained 36.02 points to 5,092.08. Top Percentage Gainers   Company   Stock Price   $ Change   % Change   Serco Inc. ...

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Serco’s US Arm Lands Navy Cost, Engineering Analysis IDIQ; Dan Allen Comments

Dan Allen

Serco Inc. will continue to perform cost and engineering analyses on the U.S. Navy’s projects under a $20 million contract. The British contractor’s North American subsidiary will work with the Navy, Army, Air Force and Defense Department to negotiate for lower-priced weapons systems and parts under the Price Fighters program, Serco said Friday. “As ...

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Serco’s US Arm Lands $187M in FAA Air Traffic Control Mgmt Contracts; Dan Allen Comments

Dan Allen

The North American subsidiary of Serco Group has been awarded two contracts worth up to $187 million combined to help the Federal Aviation Administration carry out air traffic control work in 11 states across the U.S.’ western region. Serco Inc. will assign air traffic control specialists and safety managers to 58 towers under the FAA’s Contract Tower program ...

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April 6 Morning Report: GovCon Index Slightly Up on Thursday’s Close

GovConIndexUP

The GovCon Index slightly increased on the last trading day before Easter weekend, up 0.062 points to close at 68.657. The Dow Jones Industrial Average rose 65.06 points to 17,763.24, the Standard & Poor’s 500 composite index gained 7.27 points to 2,066.96 and the NASDAQ composite index rose 6.71 points to 4,886.94. Top Percentage Gainers   Company   ...

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March 23 Morning Report: GovCon Index Closes Friday with Gains

GovConIndexUP

The GovCon Index posted gains of 0.817 points (1.152%) Friday to close at 70.116, with majority of index companies reporting an increase in stock prices. Reports that Greece could receive additional funding from the European Union saw the U.S. dollar weaken versus the Euro, according to Bloomberg. The Dow Jones Industrial Average increased 168.36 points to 18,127.39, the Standard ...

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Serco’s US Arm to Administer ID Cards for US Navy Personnel; Dan Allen Comments

Dan Allen

The North American subsidiary of Serco Group has won a $42 million contract to administer identification cards for U.S. Navy personnel at several military sites worldwide. Serco Inc. will work to verify eligibility of Navy personnel and issue the cards to active duty, reserve, retiree, contractor personnel and family members, Serco said Tuesday. Serco ...

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March 2 Morning Report: GovCon Index Down at Friday’s Close

GovConIndexDOWN

The GovCon Index ended the month of February with 69.615 at Friday’s close, a loss of 0.677 points or 0.982 percent. ICF International (NASDAQ: ICFI) led gainers after reporting a double-digit revenue increase for the 2014 fiscal year. The Dow Jones Industrial Average slipped 82.04 points to 18,132.38, the Standard & Poor’s 500 composite index dipped 6.25 points to ...

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February 23 Morning Report: GovCon Index Closes with Record 8th Day of Gains

GovConIndexUP

The GovCon Index closed Friday at 70.937, a gain of 0.757 points (1.056%), for its eighth straight day of increase. Stocks at index company Huntington Ingalls Industries (NYSE: HII) jumped 3.53 percent after the Virginia-based shipbuilder recorded positive revenue for the 2014 fiscal year. The Dow Jones Industrial Average gained 154.67 points to 18,140.44, the Standard & Poor’s 500 composite index ...

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January 15 Market Close: GovCon Index Dips, Banking Sector Losses Drag US Stocks

GovConIndexDOWN

The GovCon Index recorded a nominal loss of 0.267 points — or 0.381 percent — to close at 70.408 on Thursday. A 1.1-percent decline in the S&P financial sector and worries over how global economic weakness could affect U.S. corporate earnings drove U.S. stocks down, according to Reuters. The Dow Jones ...

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January 12 Morning Report: GovCon Index Closed Friday Slightly Down On Reports Of December Wage Decline

GovConIndexDOWN

The GovCon Index ended a strong trading week slightly down, closing Friday at 70.995 — off .306 points — or 0.433 percent. For the trading week Jan. 5-9, the index recorded a 0.516 percent increase and hit its second-ever largest closing figure within the past three months. U.S. stocks declined after two straight days of gains ...

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