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Search Results for: HII

September 21st Market Close: GovConIndex Closes Up as Major Indices Close Down

The Executive Mosaic GovCon Index (GCI) continued to move up in posting its fifth consecutive day of gains. The CGI closed at 105.814 up 0.377 percent with advancing shares outpacing declining 3 to 1. The S&P500 and DJIA ended their prolonged streak of gains to close in the negative today. The S&P500 …

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Navy Taps 4 Firms for Submarine, Shipboard C4ISR Training Contracts

The U.S. Navy has awarded four companies potential five-year contracts to provide training support for the service branch’s submarine, ashore and tactical afloat shipboard command, control, communications, computers, intelligence, surveillance and reconnaissance systems. The Defense Department said Monday the Space and Naval Warfare Systems Center Pacific received nine proposals for the cost-plus-fixed-fee contracts that …

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September 18th Market Close: GovConIndex Rises on News of Northrop’s Acquisition of Orbital ATK

The Executive Mosaic GovCon Index (GCI) increased significantly on the day reaching a new YTD high of 104.137 up 1.786 percent. Orbital ATK  and Northrop Grumman top the GCI with the news of Northrop Grumman’s intent to acquire the global aerospace and defense company. The three major indices all closed in the positive. …

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September 18th Morning Report: Friday Close – GovCon Index Moves Up and S&P500, DJIA Set New Highs

The Executive Mosaic GovCon Index (GCI) set a monthly high during the course of the week. Friday’s close saw the GCI moving up 0.782 percent to 102.302. Advancing shares outpaced declining 5 to 1. The three major indices all closed Friday in the positive. The S&P500 broke the 2500 threshold reaching a new …

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September 15th Market Close: GovConIndex Higher; S&P500 and DJIA Reach New Heights

The Executive Mosaic GovCon Index (GCI) moved up 0.782 percent to 102.302. Advancing shares outpaced declining  5 to 1. The three major indices all closed in the positive. The S&P500 broke the 2500 threshold reaching a new high, closing up 0.18 percent to 2,500.23, while the DJIA set a reached new heights gaining 0.29 …

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September 13th Market Close: GovConIndex Closes Down While Major Indices Continue Reaching New Highs

The Executive Mosaic GovCon Index (GCI) closed down 0.421 percent to 101.803. Declining outpaced advancing shares 23 to 7. All three major indices reached new highs. The S&P500 closed up 0.08 percent to 2,498.37, while the DJIA gained 0.18 percent to 22,158.18, and the NASDAQ Composite moved up 0.09 percent to close …

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Huntington Ingalls to Continue Navy Ship Planning Yard Support Under $151M Contract Modification

A Huntington Ingalls Industries (NYSE: HII) subsidiary has received a $150.8 million contract modification to continue planning yard services for the U.S. Navy‘s Ticonderoga-class guided missile cruisers and Spruance-class destroyers. HII’s Ingalls Shipbuilding business will provide modernization program planning; ship change planning development and installation; program management; type commander support; mobile assist teams; rotatable …

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September 12th Market Close: GovConIndex Up, Major Indices Reach New Highs

The Executive Mosaic GovCon Index (GCI) closed up 0.478 percent to 102.351, reaching a second new 30 day high. Advancing outpaced declining shares 2 to 1. Investors responded positively to better than expected damage reports from Hurricane Irma. All three major indices reached new highs. The S&P500 closed up 0.34 percent to …

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September 7th Market Close: GovConIndex Closes Up and Major Indices Close Mixed

After two days of downward direction, The Executive Mosaic GovCon Index (GCI) closed up 0.456 percent to 101.643. Advancing outpaced declining shares 2 to 1. Navistar International at the top of the GCI, reported Wednesday a fiscal third quarter net profit of $37 million as compared to a $34 million loss reported the same period …

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Huntington Ingalls Awarded $105M Navy Nuclear Submarine Support Extension

Huntington Ingalls Industries (NYSE: HII) will continue to provide support services for U.S. Navy nuclear submarines under a two-year, $105 million contract modification. The Defense Department said Tuesday the modification covers database and configuration management, integrated logistics, engineering, technical, design, research, development, modernization and industrial services. HII landed a $564 million contract …

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