Author: David Smith|| Date Published: September 9, 2016
Executive Mosaic’s GovCon Index closed down sharply to reach a two month low. The Index retreated back to levels not seen since early July with all thirty companies declining.
Markets responded to intensified fears that the Federal Reserve could finally pull the trigger on raising rates after a nearly ten month hiatus.
Companies have benefited from lower borrowing costs which have been reflected in their stock prices. Investors responded to the potential of the Fed tightening interest rates.
Lockheed Martin will add Ultra Maritime’s sonar, sonobuoys, torpedo defense and autonomous maritime sensing capabilities Ultra Maritime’s portfolio will strengthen…
Army Comptroller Marc Andersen has called for scaling private capital to strengthen national security Army installations can support industrial growth,…
Executive Mosaic’s GovCon Index closed down sharply to reach a two month low. The Index retreated back to levels not seen since early July with all thirty companies declining.
