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Ross Wilkers

ManTech Posts 8% Profit Jump for FY 2015, Yearly & 4Q Earnings Meet Wall Street Forecast

ManTech International (Nasdaq: MANT) — one of 30 companies listed in Executive Mosaic’s GovCon Index — has reported an increase of 8.1 percent in profit for its full 2015 calendar year and earnings figures for 12 months and the fourth quarter that meet Wall Street’s expectations. The Fairfax, Virginia-based technology …

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February 17 Market Close: GovCon Index Extends Gain Streak to Third Day on Fed Minutes, Oil Climb

The GovCon Index bounced higher for a third consecutive session Wednesday with a gain of 1.411 percent to 71.348, a close that holds the Index barely in correction territory for a sixth straight day. The Index is 10.05 percent down from its most recent high of 79.332 on Dec. 1 …

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February 16 Market Close: GovCon Index Extends Rally With 1% Surge, US Stocks Up on Consumer & Bank Share Gains

The GovCon Index carried its positive momentum from Friday’s rally with a gain of 1.531 percent to 70.355 Tuesday — its first close above 70 in two days — on a bounce in confidence from investors that some equities may have been oversold. Gains among consumer, industrial and financial shares …

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GAO Denies Boeing-Lockheed Team’s Protest of Northrop Air Force Bomber Contract

The Government Accountability Office has denied the Boeing (NYSE: BA)-Lockheed Martin (NYSE: LMT) team’s protest of the U.S. Air Force‘s award of the highly-classified Long Range Strike Bomber contract to Northrop Grumman (NYSE: NOC) in a ruling that could give way for engineering and development work to start. Boeing and …

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February 12 Market Close: GovCon Index, US Stocks Ride Oil Rally to End Losing Streaks

The GovCon Index rebounded on oil price recoveries and investor confidence Friday at a gain of 0.547 points to 69.294 but remain below the 70-point barrier for a second consecutive close. The Index posted a loss of 2 percent for the week and is down 10.62 percent from the start …

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Oshkosh to Continue JLTV Work, Federal Claims Court Denies Lockheed’s Injunction Request

Oshkosh Corp. (NYSE: OSK) said Friday it will continue work on the potential $6.75 billion contract awarded in August 2015 to build the Humvee ground vehicle replacement for the U.S. Army and Marine Corps after a federal claims court denied Lockheed Martin‘s (NYSE: LMT) request for a preliminary injunction. Lockheed …

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February 11 Market Close: GovCon Index, S&P 500 Fall to 10% YTD Plunges on Growth Fears & Boeing SEC Probe Report

The GovCon Index fell victim to across-the-board selloffs in global financial markets Thursday with a decline of 2.113 percent to 68.747, a figure that puts the Index at a decline of 11.34 percent from the start of the year. Still in a correction, Thursday’s plunge sent the GCI below 70 …

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CSRA 3Q Earnings Above, Revenue Below Street Outlook; Larry Prior Forecasts Increased Cloud & Big Data Activity

CSRA (NYSE: CSRA) — one of 30 companies listed in Executive Mosaic’s GovCon Index — has reported earnings that exceeded Wall Street estimates and revenue below analyst expectations for the third quarter of its 2016 fiscal year and its first financial results statement as a publicly-traded company. The federal technology …

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February 10 Market Close: GovCon Index Narrowly Up, US Stocks Mixed on Oil Pressure & Yellen Remarks

The GovCon Index largely reversed its spike from morning trade Wednesday but held onto nominal gain/loss of 0.152 points to 70.231 in a choppy session for U.S. financial markets. The Index rose at least 0.75 percent in the first two hours of activity and mirrored gradual declines by U.S. stocks …

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February 9 Market Close: GovCon Index, US Stocks End Volatile Session in Neutral as Oil Hits $28

The GovCon Index reversed a negative open of at least 1 percent as Tuesday’s trading day progressed but hit another dip in the final hour to end at a nominal gain of 0.044 points to 70.079. Gains in biotechnology and material shares helped U.S. stocks bounce back in Monday’s afternoon …

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