Author: David Smith|| Date Published: July 10, 2017
All the market closed trading Friday in the positive on the day.
The Executive Mosaic GovCon Index (GCI) reached a 30 day high to close at 96.626 up 1.33 percent with twenty eight of the thirty stocks that make up the index closing positive.
The major indices closed strong on Friday responding the June Jobs Report posting 220,00 new jobs and a jobless rate of 4.40 percent. The markets closed up and down throughout the week.
WTI crude oil closed down on Friday. WTI on the NY Mercantile Exchange trended downward for the week settling at $44.36 per barrel down $2.18 or 4.7 per cent from Monday’s market open.
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,…