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Search Results for: FLIR

FLIR Extends Cash Tender Offer as Part of ICx Purchase

FLIR Systems, Inc. (NASDAQ: FLIR) has opened a cash tender offer in a bid to buy all outstanding shares of common stock of ICx Technologies, Inc. (NASDAQ: ICXT). FLIR agreed to purchase ICx last month for $274 million. According to the firm, “upon the successful closing of the tender offer, …

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FLIR Systems to Purchase ICx

ICx Technologies (Nasdaq GM:ICXT) is set to be acquired by FLIR Systems (Nasdaq:FLIR) via a cash tender offer, followed by a merger with a subsidiary of FLIR, for a price of $7.55 per share in cash. According to the firm, “ICx’s Board of Directors has unanimously approved the merger agreement …

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State Dept OKs $3.95B in F-16V Aircraft, Patrol Boats, TOW Missile Requests From Bahrain

The State Department has cleared Bahrain’s request to buy F-16V fighter aircraft variant, services for the upgrade of F-16 Block 40 jets to F-16V configuration, TOW missiles and fast-patrol boats under four foreign military sales agreements worth approximately $3.95 billion combined. Bahrain requested to purchase 19 F-16V fighter planes, jet engines, M61 Vulcan …

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July 14th Market Close: GovConIndex, S&P500, and DJIA Reach New Highs

The markets ended the week in the positive. The Executive Mosaic GovCon Index (GCI) flirted with breaking 98.00 closing up 0.450 percent to 97.971 reaching new highs with advancers outpacing decliners 3 to 1. The major indices all closed up with the S&P500 and DJIA reaching a new highs.  The S&P500 ended …

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May 2 Market Close: GovCon Index Up as Major Markets Close to Record Highs

The Executive Mosaic GovCon Index closed up 0.319 percent to 92.667 as the large platform companies lead the way. Advancers outpacing decliners 2 to 1. On an active day of earnings reports the S&P500 and DJIA flirted with reaching 52 week highs as the NASDAQ set another record. At market close WTI …

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March 13 Market Close: GovCon Index Up, With Markets Mixed

Executive Mosaic’s GovCon Index closed up on the day as markets were mixed; the S&P 500 up 0.04 % to 2372.47, the DJIA closing down 0.10% to 20,881.48, and the NASDAQ up 0.24% closing at 5875.78. Advancing issues outpaced declining 4 to 1. Rockwell Collins lead the way for GovCon Index …

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Raytheon Gets $56M Navy Delivery Order to Repair F/A-18 Targeting Pods

Raytheon (NYSE: RTN) has secured a $56.4 million firm-fixed price delivery order from the U.S. Navy under an existing basic ordering agreement to repair multi-sensor, electro-optical targeting pods that the service branch uses on the F/A-18 aircraft. The Defense Department said Wednesday the company will perform repair work on the Advanced Targeting Forward …

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January 3 Market Close: GovCon Index Continues Strong 2016 Performance Into New Year

Executive Mosaic’s GovCon Index moved higher Tuesday on broad gains among defense primes  as U.S. stocks closed significantly higher with the Dow Jones Industrial flirting with the 20, 000 mark. GovCon Index gainers outnumbered laggards by a 3-to-1 ratio Tuesdayy and nine of its 11 S&P 500 components advanced with co-listed McKesson …

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Weekly Roundup June 27 – July 1 2016: Defense Prime Stocks Soar Post-Brexit & more

June 27 – July 1 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson   As massive the selloff was in global financial markets in the wake of June 23’s “Brexit” vote in the U.K., so was the reversal in equities after investors took a deep breath …

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June 27 Market Close: GovCon Index Plunge Deepens on Post-Brexit Fallout’s Second Day

The GovCon Index lost two full percentage points for a second consecutive trading session Monday as global financial markets continued to indicate investor concerns over the prospects of Britain’s vote Thursday to leave the European Union. Executive Mosaic‘s GovCon Index closed down 2.004 percent to 75.777 with Vectrus (NYSE: VEC) and Northrop Grumman …

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