Search Results for: lockheed martin

July 21 Market Close: GovCon Index Falls on Defense Prime Losses, Oil Decline Holds Down US Stocks

Executive Mosaic’s GovCon Index tumbled Thursday on large declines among defense prime companies as U.S. stocks traded lower on falling oil prices and mixed earnings reports among blue chips. The GovCon Index declined 0.694 points to 81.499  as none of the GCI’s 11 S&P 500-listed stocks closed at a gain with eight in the U.S. stock …

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NASA Taps 5 Companies to Develop Mars Orbiter Concepts

NASA has awarded separate contracts to five companies to perform concept studies for a future Mars orbiter mission as part of efforts to develop telecommunications and global high-resolution imaging tools to support the space agency’s exploration of the Red Planet. The agency said Monday its Jet Propulsion Laboratory will manage four-month concept studies by Boeing (NYSE: BA), Lockheed …

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July 18 Morning Report: GovCon Index Posts Nominal Decline Ahead of Q2 Earnings Season

Executive Mosaic’s GovCon Index posted a nominal loss of 0.004 points to 81.819 Friday to end a four-day rally but closed the week up 1.257 percent. The second-quarter earnings season opens Tuesday, and Lockheed Martin (NYSE: LMT) will be the first GovCon Index company to report second-quarter earnings with its statement due prior to the opening bell. Top GovCon …

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July 15 Market Close: GovCon Index Flat Ahead of 2Q Earnings Season’s Start

Executive Mosaic’s GovCon Index fell into narrow range mid-morning after a positive open Friday as defense and contracting stocks ended the week-long rally ahead of the start of second quarter earnings season Tuesday. The GovCon Index posted a nominal loss of 0.004 points to 81.819 but ended the week up 1.257 percent, while …

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Weekly Roundup July 11 – July 15 2016: Boeing Throws Hat Into Defense Services M&A Mix & more

July 11 – July 15 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson    One of the world’s two largest airplane manufacturers is mulling acquisitions in the defense services arena that would continue a trend among prime contractors toward capability-based deals. Leanne Caret, …

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July 14 Market Close: GovCon Index Boosted on Boeing, General Dynamics Gains

Executive Mosaic’s GovCon Index held higher for a fifth straight session Thursday on contributions from aerospace stocks Boeing (NYSE: BA) and General Dynamics (NYSE: GD) as U.S. financial markets received a boost from gains in JPMorgan (NYSE: JPM) shares. The GovCon Index rose 0.072 points to a record 81.823 as the S&P …

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Mike Dignam Named CRDF Global President, CEO

Mike Dignam, former president and CEO at Virginia-based government logistics service contractor PAE, has been appointed to the same roles at CRDF Global in a move that takes effect Aug. 1. He will succeed Cathy Campbell, who has led the nonprofit over the past 10 years as CEO and will step down after a 14-year …

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July 13 Market Close: GovCon Index Posts 4th Straight Gain, US Stocks Narrow on Oil Decline

Executive Mosaic’s GovCon Index held positive throughout Wednesday trade as U.S. stocks traded in narrow range on a fall in crude oil prices with second quarter earnings season on the horizon. The GovCon Index gained 0.229 points to a new record of 81.751 with eight of the GCI’s 11 S&P 500 stocks in green …

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July 12 Market Close: GovCon Index, S&P 500 Set Record Highs for 2nd Straight Close

Executive Mosaic’s GovCon Index and the U.S. stock bellwether S&P 500 composite index closed at record highs Tuesday for the second consecutive day as markets continue to shed fears over potential ramifications from the Brexit and investors show more willingness to take risks. The GovCon Index recorded a gain of 0.416 points …

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Jacobs Receives NASA Task Order For Orion Space Capsule Parachute System

Jacobs Engineering Group (NYSE:JEC) has received a $40.3 million task order from NASA‘s Johnson Space Center to carry out manned flight qualification tests on the agency’s Orion space capsule’s parachute system. Jacobs said Tuesday it will also produce, deliver and install flight parachutes for the first Orion Exploration Mission which will circumnavigate the moon …

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