Author: David Smith|| Date Published: July 3, 2017
The Executive Mosaic GovCon Index (GCI) closed up Friday to 94.885 a gain of 0.760 percent. The Index ended down 1.24 percent from the June open of 96.082. The month saw a GCI high of 96.224 and a low of 94.302.
The major indices ended Friday with a monthly June performance with the S&P500 flat and DJIA up 0.97 percent, and the NASDAQ declined by 1.70 percent. All three markets are significantly up for the year (refer to Y-T-D table below).
WTI crude oil has closed up sharply for the past seven days. Fridays price at closing of $46.19 per barrel reflects an increase over the seven day period of almost 8.0 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,…