Search Results for: Honeywell

February 1 Morning Report: GovCon Index Recovers From Correction

The GovCon Index closed Friday with a 2.643-percent gain to 71.807 to surge out of correction territory. The gain comes amid a recovery in technology stocks and investor optimism on a slowdown of future interest rate increases by the Federal Reserve.   Top GovCon Index Gainers Symbol Company $ Current Price …

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January 29 Market Close: GovCon Index Surges Out of Correction to End Volatile January

The GovCon Index surged out of correction territory Friday with a gain of 2.643 percent to 71.807 which mirrored investor optimism that the Federal Reserve may slow down future interest rate hikes and a bounce-back from technology stocks. The Index ends the week at a 2.81-percent loss and the first …

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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 …

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Gary Slack Joins XLA as President, CEO

Gary Slack, former president and chief operating officer of QinetiQ North America, has been appointed president and chief executive at Tysons, Virginia-based government services contractor XLA. The more than 30-year GovCon veteran will be responsible for implementing the company’s growth strategies and succeeds founder and former CEO Lloyd Mustin, who will …

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Nick Noviello Joins Blue Coat Systems as CFO; Greg Clark Comments

Nick Noviello, formerly chief financial officer at NetApp (Nasdaq: NTAP), has joined Blue Coat Systems as CFO. Noviello succeeds Gregg Hampton, who transitions to the role of senior vice president of business operations at Blue Coat, and will directly report to CEO Greg Clark, Blue Coat Systems said Wednesday. “Nick’s financial …

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State Dept OKs $180M Australian Request for Boeing-Built Chinook Helicopters

The State Department has cleared the possible $180 million sale of Boeing-built (NYSE: BA) CH-47F Chinook helicopters to Australia under a foreign military sales agreement with the U.S. government. The Defense Security Cooperation Agency said Monday the Australian government ordered Chinook helicopters, aircraft turbine engines, common missile warning systems, Honeywell‘s (NYSE: …

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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 …

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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 …

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October 22 Market Close: GovCon Index Snaps Out of Neutral, Posts 2% Gain

The GovCon Index snapped a four-day streak of nominal and negative trading activity Thursday with a gain of 1.949 percent to 74.524. Raytheon (NYSE: RTN) shares climbed 4.1 percent to $111.28 after the weapons maker posted third quarter earnings and sales figures above Wall Street forecasts and raised its full-year revenue …

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October 21 Market Close: GovCon Index Down, US Stocks Tumble on Healthcare & Tech Declines

The GovCon Index struggled to show direction for most of Wednesday before a sharp drop in the afternoon session to close with a decline of 0.142 points to 73.099. Index company Boeing (NYSE: BA) led all gainers with a climb of 1.66 percent to $141.19 after the Chicago-based airplane maker posted third quarter earnings above Wall Street expectations and …

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