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Ross Wilkers

December 29 Market Close: GovCon Index Advances, US Stocks Turn Red After Russia Sanctions

Executive Mosaic’s GovCon Index moved higher Thursday on broad gains among defense primes and services contractors as U.S. stocks closed slightly lower in a mostly quiet penultimate trading session for 2016. Investors continued their post-election focus on defense and other GovCon stocks, while the S&P 500 composite index turned slightly negative as markets …

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December 28 Market Close: GovCon Index Falls, Primes Lead Losses

Executive Mosaic’s GovCon Index tumbled Wednesday on notable declines by large defense and government services primes as U.S. stocks also fell with every major sector in negative territory to damper hopes of a Dow Jones Industrial Average close above 20, 000 before the year’s end. Two out of 30 GovCon Index stocks …

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December 27 Market Close: GovCon Index Lifts to Start 2016’s Last Trading Week

Executive Mosaic’s GovCon Index traded higher Tuesday to start the final trading week of 2016 as GCI-S&P 500 company Lockheed Martin (NYSE: LMT) led gains in conjunction with positive performances by mid- and lower-tier primes and services contractors. GovCon Index gainers outnumbered decliners by a 2-to-1 ratio and eight of its 11 S&P 500 …

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New CEO Chuck Prow: Vectrus Looks to ‘Fuse Physical & Digital Aspects’ of Logistics Work

Facility and logistics services provider Vectrus (NYSE: VEC) will continue to prioritize information technology and network communications as areas of pursuit for potential growth as the company looks ahead to 2017, its newly-appointed CEO has told GovCon Wire. Colorado Springs-based government services contractor Vectrus has $1.5 billion in bids for new …

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December 20 Market Close: GovCon Index Lifts on HII & Aerospace Climbs, Dow Closer to 20K

Executive Mosaic’s GovCon Index rose Tuesday with help from shipbuilder Huntington Ingalls Industries (NYSE: HII) and other large aerospace prime contractors as U.S. stocks also traded higher with financials the top gainers and the Dow Jones Industrial Average in touching distance of 20, 000. GovCon Index gainers edged decliners by a 2-to-1 …

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December 19 Market Close: GovCon Index Higher on Lockheed & Prime Gains, US Stocks Up With Caution on Global Turmoil

Executive Mosaic’s GovCon Index traded higher on contributions from large defense prime contractors as U.S stocks pared back some gains from earlier in the session after the terror attack in a Berlin Christmas market and the assassination of Russia’s ambassador to Turkey. GovCon Index gainers outnumbered decliners by a 3-to-1 ratio and …

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ManTech Purchases Health IT Services Firm Edaptive Systems

ManTech International (Nasdaq: MANT) has purchased Owings Mills, Md.-based health information technology services contractor Edaptive Systems for an undisclosed sum to add new agile software development and business intelligence offerings in the federal healthcare market. ManTech said Monday it expects the deal to help increase earnings in 2017 and also help …

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December 16 Market Close: GovCon Index Flat, Snaps 5-Week Gain Streak in Volatile US Stock Trading Session

Executive Mosaic’s GovCon Index swung to negative territory in a volatile afternoon session for U.S. stocks Friday as equities retreated from morning gains after reports surfaced that China’s navy seized a U.S. unmanned underwater drone in the South China Sea. The GovCon Index’s streak of five consecutive weekly gains also ended Friday but …

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Honeywell Subsidiary Lands Potential $2.6B Sandia Labs Mgmt Contract

The National Nuclear Security Administration has selected a subsidiary of Honeywell International (NYSE: HON) for the potential 10-year, $2.6 billion contract to help operate and manage Sandia National Laboratories sites located across four states. NNSA said Friday National Technology and Engineering Solutions of Sandia will lead a team comprising Northrop Grumman (NYSE: NOC) …

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December 15 Market Close: GovCon Index Ends 3-Day Slide on HII & Services Gains

Executive Mosaic’s GovCon Index inched higher Thursday to end its three-day streak of declines on a large gain by Huntington Ingalls Industries (NYSE: HII) and contributions from services-oriented companies as U.S. stocks also climbed after the release of new economic data. GovCon Index gainers edged decliners 16-14 as six of its 11 S&P 500 …

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