Author: Anna Forrester|| Date Published: May 2, 2016
The GovCon Index posted a loss of 0.481 points to 76.361 Friday and closed the week with a decline amid the release of first-quarter earnings reports from large U.S. government contractors throughout the week.
GCI closed April as its third consecutive month with positive movement at a year-to-date gain of 5.24 percent.
Several of the largest GovCon companies reported first-quarter earnings and sales this week that topped Wall Street expectations, including Lockheed Martin (NYSE: LMT), General Dynamics (NYSE: GD) and Northrop Grumman (NYSE: NOC).
Textron plans to separate its industrial segment from its aerospace and defense businesses. The Providence, Rhode Island-headquartered firm said Thursday…
OSIbeyond has introduced a compliance-as-a-service, or CaaS, offering designed to help defense contractors secure and maintain Cybersecurity Maturity Model Certification.…
Raytheon, an RTX business, has received a $206.2 million contract from the U.S. Navy to integrate advanced Global Positioning System capabilities into…
The GovCon Index posted a loss of 0.481 points to 76.361 Friday and closed the week with a decline amid the release of first-quarter earnings reports from large U.S. government contractors throughout the week.
