Author: Ross Wilkers|| Date Published: March 22, 2016
The GovCon Index held in narrow range for the entirety of Tuesday trade and closed at a nominal loss of 0.084 points to 75.331, which ends the Index’s four-day stretch of gains.
U.S. markets also struggled for direction after the early morning terrorist attacks at the main airport and a subway station in Brussels that killed at least 30 and wounded more than 170.
Seven of GCI’s 11 S&P 500 stocks posted gains with the latter composite index down a nominal 1.80 points at the close to end a light volume day ahead of the Good Friday holiday when U.S. markets are closed.
Healthcare and technology stocks rose while transportation shares declined as investors looked to gold and the U.S. dollar as news developments surfaced out of Brussels over the incidents, according to Bloomberg.
Crude oil futures in New York declined a nominal 7 cents to $41.45 a barrel.
Antenna Research Associates has appointed Jay Abendroth, a seasoned defense electronics executive, as chief growth officer to lead business development…
Precise Systems has appointed Michael “Mike” Risik as vice president of business development. The Lexington Park, Maryland-based company said Wednesday Risik will…
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…
The GovCon Index held in narrow range for the entirety of Tuesday trade and closed at a nominal loss of 0.084 points to 75.331, which ends the Index’s four-day stretch of gains.
