Author: Ross Wilkers|| Date Published: April 11, 2016
The GovCon Index mirrored the larger U.S. stock indices’ reversal into negative territory in the last hour of trade Monday and closed at a loss of 0.222 points to 74.005 with no clear driver of news on activity in markets.
The GCI opened up nearly a half-percent in the first 45 minutes with the S&P 500 composite index at a 0.4-percent gain then as investors initially reacted to positive movement in European markets before the late afternoon decline.
Material and financial stocks were the biggest S&P 500 gainers and offset by declines in biotechnology, telecommunications and healthcare shares.
Amentum Mitie Pacific has secured an indefinite-delivery/indefinite-quantity contract with a potential value of $656.4 million to provide base operating support…
CACI International has secured a potential five-year, $416 million SeaPort-Next Generation task order to sustain and modernize information technology systems…
Cherry Bekaert has acquired accounting and advisory firm Tarsus to expand outsourced accounting, real-time financial reporting and strategic chief financial…
General Dynamics Information Technology has received a U.S. Navy contract worth $988 million to modernize and integrate command, control, communications,…
The GovCon Index mirrored the larger U.S. stock indices’ reversal into negative territory in the last hour of trade Monday and closed at a loss of 0.222 points to 74.005 with no clear driver of news on activity in markets.
