Search Results for: BAE

October 30 Market Close: GovCon Index Dips, Closes Strongest Month for Year

The GovCon Index entered positive territory in the early afternoon session Friday but gave back gains to close at a decline of 0.244 points to 77.274. October ends as the Index’s strongest month for 2015 with a gain of 10.56 percent spurred by a series of third quarter earnings reports from listed companies …

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Northrop Wins Air Force Long Range Strike Bomber Contract

Northrop Grumman (NYSE: NOC) has beaten out a team of Boeing (NYSE: BA) and Lockheed Martin (NYSE: LMT) for the highly-anticipated contract to build the U.S. Air Force‘s Long Range Strike Bomber plane, Defense Department officials announced Tuesday. The service branch plans to purchase up to 100 of the bombers at a cost of $511 million per plane …

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Boeing 3Q Earnings, Revenue Beat Expectations; Quarterly Defense Sales Up 6%

Boeing (NYSE: BA) — one of 30 companies listed on Executive Mosaic’s GovCon Index — has reported third quarter earnings of $2.52 per share, 30 cents above Wall Street estimates and 38 cents higher than figures for the same period last year. The company also raised its full-year earnings outlook …

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Weekly Roundup Oct 5 – Oct 9 2015: CNBC’s Jim Cramer Talks Up Defense Stocks as 3Q Earnings Season Looms & more

Weekly Roundup Oct 5 – Oct 9 2015 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson One of the most listened-to voices in business media singled out the defense sector and one of its biggest players as among the best performers during recent …

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September 28 Market Close: GovCon Index Falls to Correction Territory in Global Rout

The GovCon Index suffered its largest drop within the last month Monday with a loss of 2.296 percent to 68.862 to officially enter correction territory for the first time since its October 2014 inception. The Index is down 10.72 percent from its most recent high of 77.134 on July 16 and Executive Mosaic — the parent …

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September 25 Market Close: GovCon Index, S&P 500 Give Back AM Gains

The GovCon Index failed to hold onto its gains in Friday morning’s trading session as it closed down 0.298 points to 70.480 and record its second consecutive weekly loss. The Index was up 0.8 percent at around 10:30 a.m. Eastern time and mirrored similar activity in the S&P 500 composite index, which climbed as …

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Army Picks 16 Firms for $800M Counterthreat R&D Contract

The U.S. Army has selected 16 companies to provide support for research and development work on countermeasures for asymmetrical threats under a five-year,  $800 million multiple-award task order contract. The Defense Department said Friday the contract runs through Sept. 17, 2020, with funding and work location based on each task order. DoD listed …

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Michael Froelich, Dennis Lauer Join Pragmatics Leadership Team; Joe Brock Comments

Pragmatics has appointed Michael Froelich as vice president and deputy general manager of its federal civilian division and Dennis Lauer as VP and deputy chief operating officer. The company said Thursday that Froelich, formerly a director and business unit lead at Acumen Solutions, will provide IT service delivery oversight and management support for Pragmatics’ federal civilian clients. …

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September 14 Morning Report: GovCon Index Opens at 72.702 After Friday Gains

The GovCon Index closed at a gain of 0.434 points to 72.702 in Friday trading. All three major indices in the U.S. recorded modest gains as investors continued to anticipate the Federal Reserve‘s meeting later this week, Bloomberg reported. The Standard & Poor’s 500 composite index rose 2.1 percent for its best month since July. Executive Mosaic’s GovCon Index tracks …

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September 11 Market Close: GovCon Index, US Stocks Up as Fed Anticipation Grows

The GovCon Index held onto gains incurred in the early afternoon part of Friday’s trading session to close at a gain of 0.434 points to 72.702. Friday was a light-volume day for U.S. markets as all three major indices recorded modest gains and investors continued to anticipate the Federal Reserve‘s meeting Wednesday and Thursday, …

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