Author: David Smith|| Date Published: April 5, 2017
Executive Mosaic’s GovCon Index reaches new 30 day low to close at 89.908 down 0.852 percent.
In spite of being up for most of the trading day the major indices all dropped for a loss in the last hour of trading. The S&P500, DJIA, and NASDAQ all reached a seven day low. The Fed’s announcement that they will be look to reduce the central bank’s balance and discussions of another interest rate increase spooked investors.
GovCon Index decliners outpaced advancers 5 to 1.
At market close WTI was down to $50.92 per barrel off 0.22 percent.
Aerospace and defense technology company Merlin has closed its business combination with Inflection Point Acquisition Corp. IV, a special purpose acquisition company…
Raytheon, an RTX business, has received a potential $212.1 million cost-plus-fixed-fee contract to provide operations and maintenance services for a relocatable over-the-horizon…
Jim Kelly, senior systems engineering manager at HPE Juniper Networking, said agentic artificial intelligence could help government agencies move toward…
AeroVironment has acquired Empirical Systems Aerospace, or ESAero, a producer of unmanned aircraft systems and advanced air mobility platforms, or AAM,…
Executive Mosaic’s GovCon Index reaches new 30 day low to close at 89.908 down 0.852 percent.
