Search Results for: Raytheon

November 19 Market Close: GovCon Index Closes Up, US Markets Narrow

The GovCon Index barely edged in positive territory Thursday with a gain of 0.216 points to 78.940 on a choppy trading day for U.S. markets. With a Friday gain, the Index would record a full week of five consecutive positive days for the second time in the fourth quarter so far. Index stock Health Net (NYSE: …

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November 16 Market Close: GovCon Index Surges 3% on Defense Stock Volume

The GovCon Index rebounded from a two-day decline Monday with a surge of 2.901 percent to 77.587 on high volume in defense stocks three days after the terrorist attacks in Paris Friday. Ammunition and rocket manufacturer Orbital ATK (NYSE: OA) led all Index gainers at 6.37 percent to $85.19 and 29 out …

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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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Nadia Short: DoD’s $460M Digital Services Contract Supports Agility for Cyber Response

TYSONS CORNER, VA, October 30,  2015 — The Defense Department‘s new $460 million contract for digital services support to U.S. Cyber Command could see bids from General Dynamics (NYSE: GD), Raytheon (NYSE: RTN) and Lockheed Martin (NYSE: LMT), ExecutiveBiz reported Thursday. Bloomberg reported Wednesday that the contract has seen interest from traditional defense …

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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 26 Morning Report: GovCon Index Rises as More Q3 Earnings Reports Loom

The GovCon Index closed Friday at a gain of 1.057 percent to 75.312 ahead of third-quarter earnings reports from more Index companies scheduled through the end of the week. Lockheed Martin (NYSE: LMT), Boeing (NYSE: BA) and Raytheon (NYSE: RTN) reported Q3 earnings above Wall Street estimates, helping the Index record a weekly gain …

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October 23 Market Close: GovCon Index Extends Climb, US Stocks Up on Earnings & China Rate Decision

The GovCon Index extended its current rally into a second day with a gain of 1.057 percent to 75.312 as investors continued to mull earnings reports from S&P 500 stocks, 11 of which are also listed in the Index. For the week, the Index recorded a gain of 6.32 percent on third quarter earnings reports above Wall Street …

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Weekly Roundup Oct 19 – Oct 23 2015: Contracting Giants Kick Off 3Q Earnings Season & more

Weekly Roundup Oct 19 – Oct 23 2015 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Three of the U.S.’ five largest government contractors and members of Executive Mosaic’s GovCon Index ushered in the latest round of earnings reports this week and …

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October 22 Market Close: GovCon Index Snaps Out of Neutral, Posts 2% Gain

The GovCon Index snapped a four-day streak of nominal and negative trading activity Thursday with a gain of 1.949 percent to 74.524. Raytheon (NYSE: RTN) shares climbed 4.1 percent to $111.28 after the weapons maker posted third quarter earnings and sales figures above Wall Street forecasts and raised its full-year revenue …

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October 20 Market Close: GovCon Index Neutral as Lockheed, UTC Kick Off 3Q Defense Earnings Season

The GovCon Index continued to reflect a narrow range of trading activity across U.S. stock markets Tuesday with a nominal decline of 0.052 points to 73.241 as Lockheed Martin (NYSE: LMT) and United Technologies Corp. started the first full week of third quarter earnings season for many Index and other defense-GovCon companies. …

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