Home Financial Report January 19 Morning Report: GovCon Index Closes With Decline on Further Oil Price Drop Author: Anna Forrester || Date Published: January 19, 2016
The
GovCon Index closed Friday with a 1.218-percent decline to 72.118 on falling oil prices and below-consensus economic data points.
Pharmaceutical services provider McKesson Corp. (NYSE: MCK) topped the Index with a gain of 22 cents to $165.
Market Summary
| Advancing GovCon Index Issues | 1 |
| Declining GovCon Index Issues | 28 |
| Unchanged GovCon Index Issues | 1 |
| Index | Value | Net Change | % Change |
|---|
| GovCon Index | 72.118 | -0.798 | -1.218% |
| S&P 500 | 1, 880.29 | -41.55 | -2.16% |
| Dow Jones Industrial Average | 15, 988.08 | -390.97 | -2.39% |
| NASDAQ | 4, 488.42 | -126.59 | -2.74% |
The new award follows earlier Longbow contracts for radar electronics, mast-mounted assemblies and Apache radar sustainment services.
Leidos will support an asset tracking system covering more than 80 million government property items across over 50 agencies.
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Scolese led the National Reconnaissance Office from 2019 to 2026 and previously directed NASA’s Goddard Space Flight Center.
Lockheed's missile backlog reached $142.5 billion after a seven-year Patriot Advanced Capability-3 contract.
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Proposals for the multiple-award vehicle are due Dec. 4 through the PIEE Solicitation Module.
Leidos will leverage capabilities from its Kudu Dynamics acquisition and its existing cybersecurity technologies to carry out the work.
A Cherokee Federal company has secured a $99.3 million Navy contract to sustain protective and life-support equipment for sailors.
Michael Teegardin, a former ASRC Federal executive and U.S. Army veteran, has joined Akima as VP of marketing and communications.
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