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November 13 Market Close: GovCon Index, US Stock Indices Post 1% Declines

The GovCon Index extended its current streak of declines to a third straight session Friday with a loss of 0.564 points to 75.400. The Index also ends at a 2.36-percent decline for the week but has risen 2.36 percent over the previous month and 7.75 percent since the fourth quarter started Oct. …

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USAF Awards ULA $373M Contract Modification for Rocket Production Services

United Launch Alliance has been awarded a $373.3 million contract modification by the U.S. Air Force to provide launch vehicle production services for two National Reconnaissance Office rockets. The Defense Department said Thursday that ULA will support the configurations of a Delta IV Heavy and an Atlas V 421 for the agency. ULA will perform work through Jan. 30, 2019, …

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Weekly Roundup Nov 2 – Nov 6 2015: The Numbers Behind Record-Breaking M&A Year, CSC’s US Govt Spinoff Moves Forward & More

Weekly Roundup Nov 2 – Nov 6 2015 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson While government agencies continue to operate at the established levels and tightly control the dollars they have on hand, the stock market is jumping in anticipation …

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Kathryn Hambleton: NASA to Award ISS Cargo Resupply Service Contracts Jan. 30

NASA has rescheduled the awarding of a new series of contracts to transport supplies to and from the International Space Station, Reuters reported Thursday. The agency was previously scheduled to name winners for its Commercial Resupply Services 2 competition Thursday and now expects to hand down a decision Jan. 30, 2016, according …

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ULA to Provide Atlas V Launch Services for NASA’s TDRS-M Satellite

United Launch Alliance will provide Atlas V 401 launch services to NASA for the Tracking and Data Relay Satellite-M mission, which will be part of the NASA Space Network. The space agency said Saturday the estimated total cost for the TDRS-M launch is $132.4 million, including spacecraft processing, payload integration and other launch support services. TDRS-M …

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Weekly Roundup Oct 26 – Oct 30 2015: Northrop Records Double Victory w/ 3Q Earnings, Bomber Win & more

Weekly Roundup Oct 26 – Oct 30 2015 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson The world’s fifth-largest defense contractor received a double-billing of good news this week via third quarter financial results that beat The Street and a landmark contract win …

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United Launch Alliance Names John Keenan CIO, John Neary CFO; Tory Bruno Comments

John Keenan, formerly group executive for global information technology infrastructure and operations at Newmont Mining, has been named chief information officer of United Launch Alliance as part of the company’s executive reorganization. Tory Bruno, president and CEO of ULA, said Tuesday the move aims to help the Boeing (NYSE: BA)-Lockheed Martin (NYSE: LMT) …

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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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October 27 Market Close: GovCon Index Closes Down, Stocks Decline on Goods Data

The GovCon Index failed to recover from morning session losses Tuesday and closed with a nominal decline of 0.052 points to 75.304. Textron (NYSE: TXT) led all Index gainers at 4.15 percent to $40.43 after the conglomerate reported a 9-percent profit increase in its third quarter and earnings that exceeded Wall Street analyst forecasts despite …

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Orbital ATK 3Q Earnings, Revenue Top Wall Street Forecasts; Company Raises 2015 Outlook

Orbital ATK (NYSE: OA) — one of 30 companies listed on Executive Mosaic’s GovCon Index — has reported third quarter earnings of $1.35 per share, 25 cents above Wall Street analyst forecasts. The Dulles, Va.-based space systems and ammunition maker also posted $1.135 billion in revenue for the quarter on strong …

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