Search Results for: BAE

September 21st Market Close: GovConIndex Closes Up as Major Indices Close Down

The Executive Mosaic GovCon Index (GCI) continued to move up in posting its fifth consecutive day of gains. The CGI closed at 105.814 up 0.377 percent with advancing shares outpacing declining 3 to 1. The S&P500 and DJIA ended their prolonged streak of gains to close in the negative today. The S&P500 …

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September 18th Market Close: GovConIndex Rises on News of Northrop’s Acquisition of Orbital ATK

The Executive Mosaic GovCon Index (GCI) increased significantly on the day reaching a new YTD high of 104.137 up 1.786 percent. Orbital ATK  and Northrop Grumman top the GCI with the news of Northrop Grumman’s intent to acquire the global aerospace and defense company. The three major indices all closed in the positive. …

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Army Orders $127M in Raytheon-Made Excalibur Projectiles

Raytheon‘s (NYSE: RTN) missile systems business has secured a $127.1 million contract modification to provide 155mm Excalibur projectiles to the U.S. Army. The Defense Department said Friday Raytheon will perform contract work through April 30, 2019 in Arizona, California, Iowa, Missouri, Ohio, Pennsylvania, Utah, Sweden and the U.K. The Army Contracting Command is the contracting activity and …

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September 14th Market Close: GovConIndex Closes Down While Major Indices Close Mixed

The Executive Mosaic GovCon Index (GCI) closed down 0.456 percent to 101.596. Advancing shares slightly lagged declining 12 to 17. The three major indices closed mixed on the day. The S&P500 closed down 0.11 percent to 2,495.62, while the DJIA set a new high gaining 0.20 percent to 22,203.48, and the NASDAQ …

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September 11th Market Close: GovConIndex and Major Indices Close Up; S&P500 Hits New High

The Executive Mosaic GovCon Index (GCI) followed the major indices to close up 0.787 percent to 102.181, reaching a new 30 day high. Advancing outpaced declining shares 6 to 1. Investors responded positively to better than expected damage reports from Hurricane Irma. The major indices all closed up as the S&P500 reached …

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State Dept OKs $3.95B in F-16V Aircraft, Patrol Boats, TOW Missile Requests From Bahrain

The State Department has cleared Bahrain’s request to buy F-16V fighter aircraft variant, services for the upgrade of F-16 Block 40 jets to F-16V configuration, TOW missiles and fast-patrol boats under four foreign military sales agreements worth approximately $3.95 billion combined. Bahrain requested to purchase 19 F-16V fighter planes, jet engines, M61 Vulcan …

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September 11th Morning Report: Friday Close – GovCon Index and Markets All Down For The Week

The Executive Mosaic GovCon Index (GCI) ended Friday down .745 percent from Tuesday’s opening value. Friday saw the platform companies Navistar International, BAE Systems, Textron Inc., and Boeing all sharing the top four slots of the GCI, all posting in excess of 1.0 percent gains. The short trading week saw the major …

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September 8th Market Close: GovConIndex Closes Down as Major Indices Close Mixed

The Executive Mosaic GovCon Index (GCI) reversed its positive direction yesterday to close down 0.762 percent to 101.346. Advancing and declining shares closed evenly on the day. The platform companies Navistar International, BAE Systems, Textron Inc., and Boeing all shared the top slots of the GCI, all posting in excess of 1.0 …

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Executive Mosaic’s Weekly GovCon Round-up: Public-to-Private Sector Executive Moves of the Summer

Weekly Roundup September 4 – September 8 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson As the summer comes to a close, let’s take a quick look at the public-to-private sector executive moves over the past few months. A number of high …

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Report: L3 Picks Gulfstream 550 Aircraft for USAF Compass Call Replacement

Ann Stefanek, spokeswoman for the U.S. Air Force, has said that L3 Technologies (NYSE: LLL) has selected the Gulfstream Aerospace-built Gulfstream 550 airborne early warning aircraft to replace the military branch’s current electronic attack platform, DoD Buzz reported Thursday. The Air Force contracted L3 to move electronic warfare technologies currently carried by EC-130H …

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