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Search Results for: HII

December 28 Market Close: GovCon Index Falls, Primes Lead Losses

Executive Mosaic’s GovCon Index tumbled Wednesday on notable declines by large defense and government services primes as U.S. stocks also fell with every major sector in negative territory to damper hopes of a Dow Jones Industrial Average close above 20, 000 before the year’s end. Two out of 30 GovCon Index stocks …

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December 27 Market Close: GovCon Index Lifts to Start 2016’s Last Trading Week

Executive Mosaic’s GovCon Index traded higher Tuesday to start the final trading week of 2016 as GCI-S&P 500 company Lockheed Martin (NYSE: LMT) led gains in conjunction with positive performances by mid- and lower-tier primes and services contractors. GovCon Index gainers outnumbered decliners by a 2-to-1 ratio and eight of its 11 S&P 500 …

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December 27 Morning Report: GovCon Index Flat in Pre-Holiday Trading Session

Executive Mosaic’s GovCon Index closed Friday with a 0.001-point gain to 88.541 to remain nearly flat in the last day of trading before the holiday. Financial markets were thinly traded and showed minor change before the weekend. Gainers in the Index outnumbered decliners 19 to 11. Market Summary Index Value Net Change …

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December 23 Market Close: GovCon Index Remains Flat on Pre-Holiday Trading

Executive Mosaic’s GovCon Index closed unchanged. Financial markets were thinly traded and showed minor change in preparation for the upcoming Holiday. The GovCon Index ending the day at 88.541 up 0.001 points or 0.001 percent. Gainers outplaced decliners 19 to 11. Market Summary Index Value Net Change % Change GovCon Index …

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December 22 Market Close: GovCon Index Follows Major Exchanges Down Slightly

Executive Mosaic’s GovCon Index remained relatively unchanged mirroring the other major US exchanges. Huntington Ingalls Industries (NYSE: HII) led the GCI on the news that several institutional investors increased their positions in the company. Huntington Ingalls closed up 1.65 percent to close at 187.90. The GovCon Index ending the day at …

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Huntington Ingalls Awarded $1.5B to Build Navy’s 12th San Antonio-Class Amphibious Warship

Huntington Ingalls Industries (NYSE: HII) has secured a potential $1.46 billion contract modification to design and construct a 12th San Antonio-class amphibious transport dock for the U.S. Navy. The Defense Department said Monday it expects Huntington Ingalls to complete detail design and construction work on USS Fort Lauderdale (LPD 28) by October 2021. The …

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December 19 Market Close: GovCon Index Higher on Lockheed & Prime Gains, US Stocks Up With Caution on Global Turmoil

Executive Mosaic’s GovCon Index traded higher on contributions from large defense prime contractors as U.S stocks pared back some gains from earlier in the session after the terror attack in a Berlin Christmas market and the assassination of Russia’s ambassador to Turkey. GovCon Index gainers outnumbered decliners by a 3-to-1 ratio and …

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December 19 Morning Report: GovCon Index Posts Negative Friday Numbers to End 5-Week Gain Streak

Executive Mosaic’s GovCon Index closed Friday down 0.177 points to 88.179 following a volatile afternoon trading session for U.S. stocks. Huntington Ingalls Industries (NYSE: HII) led all GCI net and percentage gainers Friday. The Index’s streak of five straight weekly gains also ended with this week’s loss, although GCI has posted a climb of 10.74 percent since the …

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December 16 Market Close: GovCon Index Flat, Snaps 5-Week Gain Streak in Volatile US Stock Trading Session

Executive Mosaic’s GovCon Index swung to negative territory in a volatile afternoon session for U.S. stocks Friday as equities retreated from morning gains after reports surfaced that China’s navy seized a U.S. unmanned underwater drone in the South China Sea. The GovCon Index’s streak of five consecutive weekly gains also ended Friday but …

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Retired Navy Adm. Kirkland Donald to Join Board of Huntington Ingalls Industries

Kirkland Donald, a retired U.S. Navy admiral and former CEO of Systems Planning and Analysis, will officially join Huntington Ingalls Industries‘ (NYSE: HII) board of directors Jan. 1. The 37-year Navy veteran previously directed the military branch’s Naval Nuclear Propulsion program until he retired in 2013, HII said Wednesday. He also commanded the Naval Submarine Forces, Submarine …

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