Author: Nicholas Hoffman|| Date Published: June 20, 2017
The Executive Mosaic GovCon Index closed down today 0.813 percent to 95.427, reversing yesterdays positive close. Decliners outpaced advancers 6 to 1.
All three the of the major indices were down on the day as energy and oil producing companies stocks fell while crude oil prices plummet.
WTI crude oil closed down for the second consecutive day. During the trading day WTI dropped below $43.00 and settled at $43.34 per barrel off 1.95 percent. Markets showing concerns that OPEC’s efforts to ease over supply are not having an affect.
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,…
