Author: Ross Wilkers|| Date Published: February 3, 2016
The GovCon Index turned around steep losses from morning trade Wednesday to end at a gain of 0.425 points to 70.769, a close that keeps the Index in a correction, or 10 percent off its most recent high.
U.S. stocks rode a late increase in oil prices and gains by financial shares to a reversal from losses in the first hour spurred by an initial drop in crude and a then-weakened U.S. dollar, according to Reuters.
Crude oil futures in New York settled up 8 percent and investors also looked at a report that said the U.S.’ service sector expanded at a rate lower than the consensus economist expectation, Reuters reported.
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 turned around steep losses from morning trade Wednesday to end at a gain of 0.425 points to 70.769, a close that keeps the Index in a correction, or 10 percent off its most recent high.
