Search Results for: BAE

April 13 Noon Day Report:With Long Weekend Ahead GovCon Index and Markets up Slightly

At noon on the day prior to the long holiday weekend the Executive Mosaic GovCon Index is up slightly by 0.270 percent to 90.614. Advancing companies are outpacing decliners 18 to 12. As markets anticipate the long Easter weekend they are up slightly as JP Morgan Chase & Co. and Citigroup Inc. …

Read More »

April 12 Market Close:GovCon Index and Major Markets all Down for the Day

The Executive Mosaic GovCon Index followed major markets closing down 1.027 percent to 90.370; reversing its five days of gains. The GovCon Index advancing companies outpaced decliners 5 to 1. The major markets all moved negative as President Trump stated to the WSJ that the dollar is “getting too strong.” The US …

Read More »

April 10 Market Close:GovCon Index and Markets Show Little Movement on Geopolitical Concerns

The Executive Mosaic GovCon Index closed up 0.028 percent to 90.847 with KBR at the top after announcing the settlement of a decade long legal dispute. The GovCon Index advancing companies outpaced decliners 2 to 1. The major markets showed nominal movement as investors remain on the sidelines watching the Asian and …

Read More »

April 10 Morning Report: GovCon Index Closes Friday and the Week in the Positive

The Executive Mosaic GovCon Index ended Friday up 0.578 percent to 90.822 for the day and closed at a weekly high. Both defense contractors and crude oil futures fared well after the U.S. action against Syria. On Friday GovCon Index advancing companies outpaced decliners 4 to 1. Major market indices reacted minimally to …

Read More »

April 7 Market Close:GovCon Index Up;Markets With Minor Reaction to Mixed March Jobs Report

The Executive Mosaic GovCon Index closed up 0.578 percent to 90.822 with the large platform and manufacturing companies leading the way. The GovCon Index advancing companies outpaced decliners 4 to 1. In what was a roller coaster of a trading day the major indices reacted minimally to the mixed news from the …

Read More »

GovConWire Weekly Roundup: M&A, Executive Moves and More

Weekly Roundup April 3 – April 7 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson This week the GovCon industry witnessed several large-scale mergers and acquisitions, as well as a number of executive moves in both the public and private sectors. Computer Sciences …

Read More »

April 6 Market Close: GovCon Index and Markets Reverse Downward Trend, Closing Up

The Executive Mosaic GovCon Index reversed its six day downward trend to close up 0.436 percent to 90.300. There was positive movement in GovCon stocks as advancers outpaced decliners by 6 to 1. The major indices all closed slightly higher as energy stocks rose with crude oil prices and retailers are up …

Read More »

Australia Unveils $27B Tender for Future Frigate Construction

Australia’s defense ministry has issued requests for tender on a $26.7 billion frigate shipbuilding program to down-selected offerors BAE Sytems, Fincantieri and Navantia. The ministry said Friday it seeks to procure nine warships that will conduct maritime warfare operations, such as anti-submarine missions, under the Future Frigate project. “The three shortlisted designers must demonstrate and develop an …

Read More »

April 3 Morning Report: Markets Close Down on Friday, But End Quarter a Strong Note

Equity markets up for the first quarter: In spite of investors experiencing the Trump’s administration inability to pass healthcare legislation; the 0.25 percent increase in Federal Fund Rates (with strong speculation of more increases to come later in the year), the U.K. triggering Article 50, and the downward pressure on …

Read More »