Home / Search Results for: textron (page 22)

Search Results for: textron

Peter Blocker Joins MCR Federal as Defense Southeast Region VP; Vince Kiernan Comments

Peter Blocker, former vice president of the integrated mission systems business unit at Sierra Nevada, has joined MCR Federal as vice president for the latter company’s defense sector business in the U.S. Southeast region. Blocker will oversee MCR’s office in Huntsville, Alabama and work with defense sector clients in Florida, …

Read More »

December 16 Market Close: GovCon Index, US Stocks Climb as Fed Pulls Trigger on Interest Rate Hike

The GovCon Index held steady in positive territory over morning and midday activity then surged in the afternoon session to close at a gain of 1.21 percent to 76.944 on news that the Federal Reserve increased interest rates for the first time since June 2006. Short-term interest rates will go up 0.25 …

Read More »

December 14 Market Close: GovCon Index Down, US Stocks Slightly Green on Oil Bounce

The GovCon Index turned around a sharp late morning decline Monday with a rally in a choppy afternoon session but fell short of a full recovery as it closed at a nominal loss of 0.063 points to 75.717. U.S. crude oil futures nearly hit an 11-year low in early-morning activity but ended the day with a …

Read More »

December 9 Market Close: GovCon Index Swaps AM Gains for Sharp Loss as Investors Anticipate Rate Hike

The GovCon Index plummeted from a strong morning open to close at a steep decline of 1.346 percent to 76.570 that mirrored sharp losses for U.S. markets in the afternoon session. The Index approached a 1-percent gain mid-morning before its entry into negative territory that mirrored the U.S.’ three major stock …

Read More »

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: …

Read More »

November 16 Morning Report: GovCon Index Sees 2.36% Drop for the Week

The GovCon Index closed Friday with a decline of 0.564 points to 75.400, ending the week with a 2.36-percent loss. The Index’s performance this previous week increased 2.36 percent over the past month and 7.75 percent since the fourth quarter began Oct. 1. Top GovCon Index Gainers Symbol Company $ Current Price Net …

Read More »

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. …

Read More »

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 …

Read More »

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 …

Read More »

October 26 Market Close: GovCon Index, US Stocks Mixed on Apple & Energy Declines

The GovCon Index closed at a nominal gain of 0.058 points to 75.356 after a strong close to the previous week as declines in energy shares and Apple weighed on U.S. markets. The Index is up 7.8 percent for the month of October so far after a choppy September and third-quarter decline of 3.8 percent. …

Read More »