Author: Ross Wilkers|| Date Published: June 17, 2016
The GovCon Index fell for a third consecutive session Friday by 0.435 points to 78.356 in a close that snaps the GCI’s four-week gain streak as market activity was shaped by continued reaction to the latest Federal Reserve interest rate outlook and uncertainty over the Brexit referendum.
The GCI recorded a weekly decline of 1.97 percent compared to the S&P 500’s respective fall of 1.18 percent in the final full-trading week ahead of the Britain’s Thursday referendum on whether to leave the European Union.
The Fed cited the Brexit vote as a potential source of volatility to the U.S. economy in the central bank’s mid-week statement to leave interest rates unchanged.
The Space Development Agency has awarded $3.5 billion in other transaction authority agreements to Lockheed Martin, L3Harris Technologies, Northrop Grumman…
The Defense Health Agency has awarded TriWest Healthcare Alliance $6.8 billion to continue providing healthcare and administrative services in support…
The GovCon Index fell for a third consecutive session Friday by 0.435 points to 78.356 in a close that snaps the GCI’s four-week gain streak as market activity was shaped by continued reaction to the latest Federal Reserve interest rate outlook and uncertainty over the Brexit referendum.
