Search Results for: General Dynamics

January 19 Market Close: GovCon Index Lifted by Platform Maker Gains Against Red Majority Ahead of Inauguration

Executive Mosaic’s GovCon Index closed higher Thursday as gains by large defense platform and product makers helped offset declines by a majority of the GCI’s 30 stocks with mid-tier prime contractors and government services providers in red. U.S. stocks traded lower by comparison with real estate the largest drag on equities in the …

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January 17 Market Close: GovCon Index Down on Shipbuilder Declines, Financials Drive S&P 500 Lower

Executive Mosaic’s GovCon Index tumbled Tuesday on declines from major military shipbuilders and defense technology makers as U.S. stocks traded lower with a 2.28-percent decline by financial shares the main contributor after a three-day weekend for equity markets. GovCon Index laggards outnumbered advancers by an 9-to-1 ratio and overall top performer McKesson Corp. (NYSE: MCK) was the …

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January 17 Morning Report: GovCon Index Posts Gain on Defense Prime Stock Boost

Executive Mosaic’s GovCon Index closed Friday with a 0.464-percent climb to 88.863 as gainers outnumbered laggards at a 2-to-1 ratio with strong performances by defense prime stocks. L3 Technologies (NYSE: LLL) was GCI’s top net performer while Vectrus (NYSE: VEC) led the listed stocks in percentage gained. The Index’s rebound comes amid investor optimism …

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January 13 Market Close: GovCon Index Rebounds, Holds at Weekly Loss as Lockheed Halts 4-Day Slide

Executive Mosaic’s GovCon Index rebounded Friday with strong performances by defense prime stocks as U.S. stocks rose on investor optimism from quarterly earnings beats by large financial institutions and positive retail sales numbers from December. GovCon Index gainers outnumbered laggards by a 2-to-1 ratio and nine of its 11 S&P 500 stocks moved …

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January 11 Market Close: GovCon Index Lower, Lockheed Hits 2% Intraday Decline After Trump F-35 Remarks

Executive Mosaic’s GovCon Index pared losses Wednesday afternoon but closed lower for the session as McKesson Corp. (NYSE: MCK) and large primes weighed despite gains by all three of the U.S.’ major stock indices. GovCon Index gainers outnumbered decliners by a 2-to-1 ratio and six of its 11 S&P 500 stocks advanced with General Dynamics (NYSE: …

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January 9 Market Close: GovCon Index Lower in Mixed US Stock Trading Session

Executive Mosaic’s GovCon Index traded lower Monday on declines by large and middle-tier prime contractors as U.S. stocks showed mixed results after biotechnology gains lifted the Nasdaq composite index to an all-time record close and utilities weighed on the S&P 500 composite index. GovCon Index laggards outnumbered gainers by an 9-to-1 ratio and …

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January 9 Morning Report: GovCon Index Registers Gain as Labor Dept Records 156K New Jobs

Executive Mosaic’s GovCon Index registered a 0.162-point climb Friday to 89.761 and closed the week in the positive. Lockheed Martin (NYSE: LMT) was GCI’s top net performer while Honeywell (NYSE: HON) led the Index in percentage gained. The Index’s gain follows the latest jobs report from the Labor Department that indicates 156, 000 new jobs were …

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January 6 Market Close: The GovCon Index Closes Up Following Markets On Strong U.S. Jobs Report

Executive Mosaic’s GovCon Index closed the week slightly higher Friday as the Dow neared the 20.000 mark. The major markets enjoyed a shot in the arm from The Labor Department’s report that 156, 000 new jobs were added in December. Advancers equaled decliners on the day with the GovCon Index closing …

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IMI Awarded Potential $450M Israel Munition Supply Contract

IMI Systems has secured a potential seven-year, $450 million contract to provide munitions to Israel’s infantry and armor units, Defense News reported Monday. Barbara Opall Rome writes that Israel’s defense ministry said the multiyear procurement effort will help the Israeli armed forces to resupply the country’s inventory of weapons systems and support …

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January 5 Market Close: The GovCon Index Closes Slightly Down In a Mixed Market

Executive Mosaic’s GovCon Index moved slightly lower Thursday on a mixed market closing with the Dow and S&P 500 down and NASDAQ up. The board markets closed down as retail stocks dropped on reports of disappointing holiday results. Huntington Ingalls lead the GovCon Index once again for the fourth consecutive day …

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