Elizabeth Leigh

October 24 Morning Report: GovCon Index Up at Market Close

The GovCon Index closed up at 65.734 on Thursday, a change of 1.150 point or 1.719 percent from the previous day.       Top Percentage Gainers Company Stock Price % Change Navistar 34.70 4.96% Textron 38.16 4.26% Northrop Grumman 129.20 3.27% General Dynamics 130.34 3.19% Honeywell 93.58 2.65% Lockheed …

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October 23 Morning Report: GovCon Index Down at Market Close

The 30-company GovCon Index closed at 64.584 on Wednesday, down by 0.270 point or 0.419 percent from the previous day. The Standard & Poors 500 index dropped 0.7 percent to 1927 points, the Nasdaq composite index registered an 0.8 percent fall to 4383 and the Dow Jones industrial average inched down 0.9 percent to 16, 461 as markets …

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October 22 Morning Report: GovCon Index Up at Market Close

Gains all around reflected a GovCon Index close of 64.854 on Tuesday, up by 1.010 points or 1.533 percent from the previous day. Strong quarterly earnings from technology companies, coupled with the European Central Bank looking to buy corporate bonds as an option, boosted the Standard & Poor’s 500 by …

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October 21 Morning Report: GovCon Index Slightly Up at Market Close

The GovCon Index closed at 63.843 on Monday, up by 0.008 points (0.012 percent) from Friday’s close. U.S. markets closed higher on the back of a S&P 500 index gain of 17.25 points and NASDAQ composite index close of 57.64 points, both up for the third straight day, USA Today reported Monday. …

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October 20 Morning Report: GovCon Index Up at Market Close

The GovCon Index closed at 63.836 on Friday, up by 1.059 points (1.632 percent) from the previous day’s close. The S&P 500 and Dow Jones indexes closed more than 1 percent up, as did Europe’s main indicators in a rebound from a volatile week that the BBC said came amid fears of weakening global economic data.   …

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Textron Awarded $44M to Upgrade Joint Service Electronic Combat Systems Tester; Steve Mensh Comments

Textron (NYSE: TXT) subsidiary Textron Systems will recondition the U.S. military’s electronic combat systems tester under a four-year, $43.6 million contract. The company will update a majority of the 500 Joint Service Electronic Combat Systems Testers currently in use by military forces in the U.S. and overseas, Textron Systems said Tuesday. …

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Peter LaMontagne: Novetta Seeks Analytics Portfolio Growth with Twin Acquisitions

Novetta Solutions has sought to boost the market reach of its big data analytics portfolio with the acquisitions of Digital Results Group and Sentinel Applied Analytics for undisclosed amounts. The purchase includes Boston-based DRG’s data collecting and sharing software platform for multi-intelligence command and control applications and Sentinel’s applied statistical tools that aim …

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Cobham Completes $1B Aeroflex Buy; Bob Murphy Comments

Cobham plc has finalized its approximately $1.46 billion acquisition of Aeroflex (NYSE: ARX) after shareholders and regulatory bodies approved the transaction. Following the completed transaction, the Aeroflex business will be consolidated with the British defense contractor’s advanced electronic solutions division and communications and connectivity business group. Cobham said Monday it expects the acquisition to boost the company’s current …

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DISA to Acquire Red Hat Software From DLT; Jim Propps Comments

DLT Solutions has been awarded a new blanket purchase agreement worth up to $40 million to provide Red Hat software and services to the Defense Department and intelligence agencies. The Defense Information Systems Agency awarded the new contract, which will run for five years through June 2019 as part of the …

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Kofax Buys E-Signature Firm Softpro

Kofax (NASDAQ: KFX) has moved to build up its information security offerings with the acquisition of German verification systems provider Softpro for an undisclosed amount. Irvine, California-based Kofax said Tuesday it expects the transaction to add fraud detection and electronic signature verification to its First Mile business process management software. Kofax expects …

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