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Financial Report

December 21 Market Close: GovCon Index Pulls Back As The Dollar and Oil Slip

Executive Mosaic’s GovCon Index declined Wednesday in spite of the strong performance by Navistar International (NYSE: NAV). Navistar closed up 5.79 percent to $31.80 on trading volume of over 1.2 million shares. Navistar International (NYSE: NAV) ended first for GCI performers after company executives told investors in the fourth quarter earnings call the …

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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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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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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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December 14 Market Close: GovCon Index, US Stocks Turn Lower After Rate Hike Announcement

Executive Mosaic’s GovCon Index turned from neutral to negative territory Wednesday as did the U.S. stock bellwether S&P 500 composite index after the Federal Reserve raised interest rates for only a second time since the 2008 financial crisis. GovCon Index decliners outnumbered gainers by a 9-to-1 ratio as three of its 11 S&P 500 …

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December 13 Market Close: GovCon Index Lower, S&P 500 Higher as Federal Reserve Meeting Gets Underway

Executive Mosaic’s GovCon Index closed lower Tuesday in a session that saw the U.S. stock bellwether S&P 500 close at an all-time record high as investors restarted post-election buying activity in sectors they expect to see growth under a Donald Trump administration. Tuesday’s flat movement by the GCI follows Monday’s 1-percent decline as …

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Boeing to Move Defense Segment HQ from St. Louis to Washington DC Region

Boeing (NYSE: BA) will shift the headquarters of its $31 billion defense segment from the St. Louis metropolitan region to the Washington, D.C. area effective Jan. 3, 2017 for top executives to gain closer proximity with government customers, a company spokesperson has confirmed to GovCon Wire. Close to a dozen senior executives including Boeing Defense, …

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December 12 Market Close: GovCon Index Closes Down 1% After Trump F-35 Tweet, Lockheed Falls 2%

Executive Mosaic’s GovCon Index fell 1 percent Monday on a steep by Lockheed Martin‘s (NYSE: LMT) stock at 2 percent as other large defense primes also tumbled after President-elect Donald Trump criticized the F-35 program’s costs in a Twitter post before markets opened. The GovCon Index traded down 2 percent shortly before 12 p.m. Eastern …

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