Search Results for: lockheed martin

Leidos Tops Wall Street’s Full 2015 & 4Q Earnings Forecasts

Leidos Holdings (NYSE: LDOS) — one of 30 companies listed in Executive Mosaic’s GovCon Index — has reported earnings of $2.78 per share for its full 2015 calendar year to exceed the consensus Wall Street forecast by 2 cents. The Reston, Virginia-based government services contractor stated full-year net income as …

Read More »

Weekly Roundup Feb. 8 – Feb. 12 2016: Three 2016 Wash100 CEOs Whose Firms ‘Beat The Street’ & more

Feb. 8 – Feb. 12 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Many reasons have been put forth as to why global financial markets continue to be in turmoil but this week showed there may be no end in sight to this period …

Read More »

Bill Johnston Joins Grant Thornton as Advisory Managing Director; Rich LaFleur Comments

Bill Johnston, a three-decade federal government industry veteran, has joined Grant Thornton as an advisory managing director. Johnston will be based at the company’s McLean, Virginia office and lead the firm’s government contracting industry practice, where he will support government vendors in contracting, accounting, compliance and regulatory matters, Grant Thornton said …

Read More »

February 8 Market Close: GovCon Index, US Stocks Tumble 1% on Oil & Financial Losses as Vectrus Joins GCI

The GovCon Index followed the steep downturn in U.S. markets Monday with a decline of 1.027 percent to 70.035 spurred by new declines in oil prices and worries about the pace of future interest rate increases by the Federal Reserve. Monday also represented the first day of Colorado Springs-based government …

Read More »

February 8 Morning Report: GovCon Index Returns to Correction; Jobs Report Boosts US Dollar

The GovCon Index closed Friday with a loss of 1.349 percent to 70.204 to go back to correction. The Index also posted a 2.15-percent weekly decline on continued U.S. market volatility and mixed earnings reports from some listed government services companies. Bloomberg reported that the U.S. dollar strengthened after a report from the …

Read More »

February 5 Market Close: GovCon Index Tumbles 1%, S&P Down 2% on Tech Losses & Jobs Data

The GovCon Index tumbled back into a correction Friday at a decline of 1.349 percent to 70.204 as U.S. investors reacted to the latest jobs report with a view toward whether the Federal Reserve would raise interest rates again this year. For the week, the Index posted a decline of …

Read More »

Weekly Roundup Feb. 1 – Feb. 5 2016: The 9 Three-Time Wash100 Winners in 2016’s Class & more

Feb. 1 – Feb. 5 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Last week in this space, we announced the 2016 edition of Executive Mosaic’s annual Wash100 list, our selection of the government contracting arena’s most influential leaders and voices from both the public …

Read More »

February 2 Market Close: GovCon Index Falls 2% on Harris Revenue Forecast Cut, Oil Declines Weigh on US Markets

The GovCon Index slumped back into a correction — at least 10 percent down from its most recent high — Tuesday with a decline of 2.124 percent to 70.226 spurred by Harris Corp.‘s (NYSE: HRS) move to cut projected revenue for the company’s 2016 fiscal year. Shares of Harris plummeted 9.78 percent after the …

Read More »

The 2016 Wash100’s Mix of Companies, Agencies & Trade/Research Groups

As covered here yesterday, GovCon Wire’s parent company Executive Mosaic announced its inductions for the 2016 edition of the Wash 100 — EM’s annual selection of the government contracting arena’s most influential voices. These 100 individuals were chosen by EM’s editorial and organizational leadership as the executives and other leaders …

Read More »

Northrop Posts 3% Profit Decline for 2015 on Lower Sales, Stock Buybacks Lift Year’s Earnings Past Street’s Outlook

Northrop Grumman (NYSE: NOC) — one of 30 companies listed in Executive Mosaic’s GovCon Index — has reported a 3.86-percent decline in profit for its 2015 fiscal year compared to 2014 on lower sales in space and restricted programs and a modest increase in pension costs. Net earnings for 2015 …

Read More »