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Search Results for: CGI

Weekly Roundup November 14 – November 18, 2016: ‘Big 3’ Credit Rating Firm Ups Defense Outlook & more

November 14 – November 18, 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson One of the country’s “Big Three” credit rating agencies has bolstered its view of the government contracting sector’s prospects under incoming President Donald Trump and in particular defense companies. …

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November 14 Market Close: GovCon Index Posts 4th Straight 1%-Plus Gain, AECOM Surges on CEO’s Infrastructure Comments

Executive Mosaic’s GovCon Index added at least 1 full percent for a fourth consecutive session Monday to new all-time high as defense primes continued to lead gainers and construction company AECOM (NYSE: ACM) also climbed after its CEO offered investors a positive outlook on U.S. infrastructure spending. GovCon Index gainers outnumbered …

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November 10 Market Close: GovCon Index Adds 2% to Record High on Post-Election Defense Buying Spree

Executive Mosaic’s GovCon Index added 2 percent to another record close Thursday as investors continued a buying spree on defense stocks after Donald Trump’s election win and Maximus (NYSE: MMS) rebounded after its sharp drop Wednesday. GovCon Index gainers again outnumbered laggers at a 9-to-1 ratio for a second consecutive session and all …

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November 9 Market Close: GovCon Index Ends at Record High With 5% Surge, Investors Bet on Defense Spending Uptick

Executive Mosaic’s GovCon Index climbed 5 percent for a record one-day gain and closing value Wednesday as investors made large buys of shares in large defense primes on expectations of increased defense spending under incoming Pres. Donald Trump after his watershed election win Tuesday. The U.S. stock bellwether S&P 500 composite index …

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November 9 Intraday Special Report: GovCon Index Up 4% & Surging Toward Largest One-Day Climb, Defense Primes Pace Gains

As of 11:15 a.m. Eastern time, Executive Mosaic’s GovCon Index is trading up 4 percent and on pace to record its largest one-day gain since its October 2014 inception as investors have snapped up shares in large defense primes after the upset victory by Donald Trump in the U.S. presidential …

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AECOM, AWS’ Teresa Carlson Among Winners at 2016 Greater Washington GovCon Awards

AECOM (NYSE: ACM) and Teresa Carlson of Amazon Web Services have received the “Contractor and Executive of the Year” honors at the Greater Washington Government Contractor Awards in recognition of companies and leaders of firms with more than $300 million in annual revenue. AECOM and Carlson, vice president of the …

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Huntington Ingalls to Buy Camber for $380M to Add IT, Govt Services Market Footprints

Military shipbuilder Huntington Ingalls Industries (NYSE: HII) has agreed to acquire government services contractor Camber Corp. for $380 million in a move to diversify revenue and add new information technology work with U.S. defense, intelligence and civilian agencies. Huntington Ingalls’ move for Camber comes in a year where other larger defense prime contractors …

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October 26 Market Close: GovCon Index Gets Northrop & Boeing Lift Against Mixed US Stock Trade

Executive Mosaic’s GovCon Index traded higher against mixed activity in U.S. stock markets Wednesday for a second consecutive session on large contributions from Boeing (NYSE: BA) and Northrop Grumman (NYSE: NOC) after both aerospace-defense companies boosted their full-year outlooks. GovCon Index advancers edged laggers and nine of its S&P 500 companies gained as the latter U.S. stock bellwether …

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October 18 Market Close: GovCon Index Climbs on Orbital ATK Post-Launch Surge, Primes Pace Gain

Executive Mosaic’s GovCon Index closed just shy of a full 1-percent gain Tuesday on a large upswing by Orbital ATK (NYSE: OA) after the company’s successful rocket launch Monday night and gains by other prime contractors. GovCon Index gainers outnumbered laggers at a 9-to-1 ratio and 10 of its 11 S&P 500 companies …

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October 17 Market Close: GovCon Index Shows Little Change as Energy & Consumer Declines Weigh on US Markets

Executive Mosaic’s GovCon Index posted little change for a second consecutive session Monday on mixed results among its large-cap companies as U.S. stocks closed mostly lower due to a sell-off in consumer and energy sector shares that coincided with a decline in crude oil prices. GovCon Index laggers outnumbered advancers and four of …

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